ICI rejects Â£7.2bn Akzo bid
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Business & money: Shares in Dulux paints owner jump more than 15% on hopes of takeover battle.
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Imperial Chemical Industries PLC rejected an informal 7.2 billion pound ($14.2 billion) takeover bid by Akzo Nobel NV, the company said Monday.
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THE board of Dexia, the Franco-Belgian bank, yesterday unanimously rejected a proposed â¬37 billion (Â£26 billion) merger with Italyâs Sanpaolo, bringing an end to what would have been Europeâs biggest cross-border bank deal.
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South African gold producer Gold Fields has rejected a $8.2bn (Â£4.5bn) bid by rival Harmony which would have created the world&#39;s largest gold company.
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Stelios Haji-Ioannou, chairman of EasyJet Plc, said he rejected a $677 million agreement to sell Stelmar Shipping Ltd. because the offer doesn&#39;t reflect recent gains in the value of the oil tanker business he founded in 1992.
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LONDON, November 29  - The board of the Franco-Belgian Bank, Dexia (DXB.ETR), has rejected the companyâs proposed â¬37 billion merger with Italyâs Sanpaolo (PAO), following increasing opposition to the proposal by a group of its key
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British drugs wholesaler and retailer  Alliance Boots Plc  said on Monday it had rejected an  approach worth 9.7 billion pounds ($18.8 billion) from private  equity firm Kohlberg Kravis and Roberts .
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Deutsche Boerse has made a Â£1.3 billion ($2.49 billion) approach for the London Stock Exchange, and the LSE&#39;s rejection of it on Monday left observers doubting a much better offer would emerge.
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European banking giant UniCredit   on Friday denied a report in Italy's leading business  daily that it might be interested in buying the $47 billion  U.S. investment bank Merrill Lynch .
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Pan-European group Euronext is poised to launch a bid for the London Stock Exchange, UK media reports say. Last week, the LSE rejected a takeover proposal from German rival Deutsche Boerse - the 530 pence-a
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Australia's second-biggest retailer,  Coles Myer Ltd., on Wednesday rejected a A$17.3 billion ($13.3  billion) buyout bid by a private equity consortium, saying it  substantially undervalued the company.
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Business & money: Shares fall on firmly denied report that investment arm was exposed to failure of German bank.
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LONDON - London Stock Exchange (LSE) rejected on Monday a nearly EUR 2.0 billion takeover bid by Frankfurt Stock Exchange company Deutsche Boerse, raising the prospects of a possible takeover battle for LSE.
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AMSTERDAM - ABN Amro's boards will not recommend either of the two rival takeover bids the Dutch bank has received, they told shareholders yesterday.
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The London Stock Exchange rejects a Â£2.7bn takeover bid from US firm Nasdaq, saying it undervalues its business.
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STOCKHOLM -- Scania AB and two of its major shareholders rejected a $12.2 billion takeover offer from Germany's MAN AG yesterday, with one investor saying the offer did not reflect the truck maker's value.
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Anglo-Australian mining giant Rio Tinto said Wednesday that it had rejected a 147.4-billion-dollar (100.9-billion-euro) takeover bid from peer BHP Billiton.