Metcash makes $A846M takeover offer for Foodland
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Consumer goods marketing and distribution company Metcash Trading Ltd said today that it had made an $A846 million ($NZ926.20 million) takeover offer for Foodland Associated Ltd&#39;s Australian business.
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LONDON/AMSTERDAM  - The takeover battle for ABN AMRO  heated up on Monday with the Royal Bank of Scotland  consortium boosting the cash element of its 71.1 billion-euro ($98 billion) offer.
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Business & money: Heineken takes another step to becoming Britain's biggest beer group after Â£7.8bn bid is confirmed
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Stepping up its expansion binge, Southeast Asiaâs largest food and beverage giant San Miguel Corp. (SMC) has launched aA$1.78-billion (US$1.38 billion) takeover bid for Australiaâs
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London Stock Exchange Plc, Europe&#39;s third-largest exchange by market value, said it received a 1.35 billion-pound ($2.6 billion) takeover offer from Deutsche Boerse AG, the second attempt
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METCASH stunned long-term suitor Foodland yesterday with an audacious $846 million takeover bid to create a supermarket group better able to compete with its bigger rivals.
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Australia&#39;s largest retailer, Coles Myer, waded into a takeover battle for the pub operator Australian Leisure and Hospitality Group yesterday, offering 1.18 billion Australian dollars ($856 million) in a bid with a local bank.
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SYDNEY: Shares in Australian grocery food chain Foodland Associated Ltd were placed in a trading halt on Monday after a takeover offer from Metcash Trading Ltd.
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PERTH (Dow Jones)--Australian retailer Foodland Associated Ltd. (FOA.AU) on Monday requested a trading halt on its shares, pending its response to a takeover offer by Metcash Trading Ltd.
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MELBOURNE - Australian dairy group National Foods says it is in talks to take over food processing company SPC Ardmona, which has a market value of A$380 million ($408 million).
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Tesco, Britain&#039;s biggest retailer, is considering an 800-million-euro (1.026-billion-dollar) bid for the Polish retail arm of French rival Casino.
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Carlsberg and Heineken on Friday finally agreed a cash bid of 7.8 billion pounds ($15.3 billion) to buy and break up Scottish and Newcastle (S&N) to boost the Danish brewer's position in Russia and the Dutch group's presence in western Europe.
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SYDNEY, Australia -- Australia's Qantas Airways has been approached by Macquarie Bank and private equity firm Texas Pacific Group about a takeover that analysts said Wednesday could be worth almost 11 billion Australian dollars, or $8.5 billion.
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MetLife expects the transaction to have a positive impact to net income of between $145 million and $165 million. Shares of New York-based BlackRock, an investment management firm, rose $1.
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Scottish & Newcastle, Britainâs largest brewer, agreed to a Â£7.8 billion ($15.4 billion) takeover by the European rivals Carlsberg and Heineken.
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Trevor Coates, chief executive of Foodland Associated Ltd., speaks on a teleconference from Sydney about the company&#39;s fiscal full-year earnings.
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Shares in the Australian subsidiary of Metoz, formerly Metro Cash &amp; Carry, yesterday jumped 15 percent as investors anticipated its takeover target, Foodland