AXA rejects takeover bid as stock falls
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AXA Asia Pacific shares dropped 44 cents or 10 per cent in early trading this morning following an announcement the group had terminated talks with its French parent AXA SA over a proposed minority buyout deal.
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The London Stock Exchange PLC has received and rejected a bid proposal from Germany's main stock exchange, Deutsche Boerse AG , the exchanges said Monday.
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Australia's Qantas Airways Ltd.  rejected a A$10.9 billion ($8.6 billion) buyout offer from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group , sending its shares down 2.7 percent.
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PHOENIX -- Swift Transportation Co. Inc. said yesterday it has rejected a $2.2 billion takeover offer from its founder and largest shareholder and plans to explore other alternatives to the bid.
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AMSTERDAM/LONDON  - Britain's Imperial Chemical Industries Plc  has rejected a 7.2 billion-pound ($14.2 billion) bid approach from Dutch chemicals group Akzo Nobel NV , saying it undervalued the company.
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SYDNEY Shares of AXA Asia Pacific Holdings slumped Monday after the European insurer AXA withdrew a 3.4 billion Australian dollar, or $2.
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The London Stock Exchange has rejected a Â£1.35bn offer from German market Deutsche Boerse, but says fresh talks are possible.
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PeopleSoft (PSFT:Nasdaq - news - research) Wednesday publicly rejected Oracle&#39;s (ORCL:Nasdaq - news - research) $24-a-share takeover offer, saying the $8.
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Shares of the Nasdaq Stock Market  plunged to their lowest levels in over a month after the London Stock Exchange  urged shareholders to reject a 2.7 billion pound ($5.27 billion) hostile bid from the largest U.S. electronic stock market.
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Singapore Airlines' offer to buy a stake in China Eastern Airlines is rejected by a   shareholders' vote.
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Australian stocks fell, led by Axa Asia Pacific Holdings Ltd., after Axa SA, its parent, withdrew aA$3.4 billion ($2.5 billion) offer for the shares of the company it doesn&#39;t already own.
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Imperial Chemical Industries, Britainâs largest specialty chemical maker, said today that it had rejected a takeover bid from Akzo Nobel worth Â£7.2 billion, or $14 billion, as too low.
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The London Stock Exchange  reiterated on Tuesday its rejection of a 2.7 billion pound ($5.3 billion) bid from U.S. rival Nasdaq Stock Market Inc .
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Miner Xstrata  has rejected a  cash-and-shares takeover approach from Brazil's Vale (VALE5.SA)  pitched at just under 40 pounds a share, or 39 billion pounds  ($76 billion), the Financial Times said.
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Cable firm NTL  has dropped plans to bid for ITV  after its 4.7-billion-pound ($9.3 billion) proposal was rejected by the British broadcaster and rival BSkyB  swooped to take a blocking stake in ITV.
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Australian nickel and copper miner WMC Resources has rejected aA$7.4 billion (3 billion pounds) takeover bid from Swiss-based Xstrata, but has left the door open for a higher offer.
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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.