Macquarie says still considering AB Ports bid
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A consortium led by Australia&#039;s  Macquarie Bank said it was still considering making a  counterbid for Associated British Ports despite a media report  that some members of the group had pulled out.
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Australia's government says it will not block a proposed takeover of the country's flagship airline Qantas.
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The aluminum producer Alcoa said in a statement that it would continue to pursue its $27.4 billion cash and stock bid for a rival, Alcan, despite the Canadian companyâs rejection of the offer. But Alcoaâs chairman and chief executive, Alain J. P. Belda, said that the company would not enhance the proposal, which Alcan called inadequate. âWe have studied Alcanâs response and have not seen anything that would lead us to re-evaluate our offer,â Mr. Belda said. He also rejected suggestions by Alcan that Alcoa would have difficulty obtaining antitrust approval for the merger and urged Alcanâs board to resume its examination of the bid.
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The Takeovers Panel said today that Brundwo Pty Limited has offered two undertakings relating to its proposed A$1.2 billion bid for Australian Leisure &amp; Hospitality Group Limited (ALH).
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SYDNEY/LONDON  - Mining giant BHP Billiton Ltd.   is not currently working on a bid for U.S. aluminum producer Alcoa Inc , sources close to the matter said on Tuesday, playing down a newspaper report.
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The chief executive of Swedish truckmaker Scania AB said Wednesday the company is considering making counterbid for Germany rival MAN AG, but declined to specify the value.
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Business & money: Stakes raised in battle for control of ABN Amro as Royal Bank of Scotland-led consortium trumps Barclays' offer for Dutch bank.
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A bidding consortium led by the Royal Bank of Scotland is expected to give some insight as to whether it will go ahead with a rival offer.
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As predicted by Luchtzak Latest News one week ago, DHL will not expand its Brussels base. The refusal by the Belgian government to accept an increase in the number of night flights operated by MD-11 for intercontinental
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The Wireless Group, owner of Talksport, says it is considering a management buyout deal involving Kelvin MacKenzie.
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ABN AMRO  said on Sunday that it is keeping its neutral stance on competing bids for the Dutch bank as it could not support a break up under the RBS-led  consortium's takeover offer which was financially superior.
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SYDNEY: Qantas Airways Ltd today it would not appeal a New Zealand court decision that knocked back a proposed alliance with Air New Zealand Ltd.
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British insurer Resolution  remained locked in talks with suitor Standard Life  on Friday over a possible 4.9 billion pound ($10.05 billion) takeover as a key midday bid deadline looms.
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The skate and surf retailer mulls bids for its Rossignol ski line.
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SYDNEY: Woolworths Ltd said it will extend its latest bid for hotels group ALH Ltd after Australia&#39;s takeover regulator intercepted what could have been a knock-out blow in the retail giant&#39;s takeover battle with rival Coles Myer.
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Barclays declines to comment on a report it may sweeten its Â£44bn offer for Dutch bank ABN Amro.
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A group led by investment bank Goldman  Sachs  raised its bid for Associated British Ports   to 2.58 billion pounds (&#36;4.75 billion) on Thursday,  after a rival team said it might make a counterbid.