Coles bid group says can&#39;t confirm group status
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The private equity consortium looking at  bidding for Australian retailer Coles Group Ltd.  said  on Wednesday it could not confirm whether all four members were  still in the group.
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Coles Myer, the countryâs second-largest retailer, put itself up for sale, four months after rejecting a buyout offer of 18.2 billion Australian dollars ($14.4 billion) led by the equity firm Kohlberg, Kravis Roberts & Company. The chief executive, John Fletcher, will oversee a review of the company after receiving a number of approaches, Coles said.
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Private equity group Kohlberg Kravis Roberts (KKR)  said on Monday it had withdrawn from a consortium looking at bidding for Australian retailer Coles Group Ltd. .
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A European consortium led by Royal Bank of Scotland bid almost 100 billion dollars for Dutch banking group ABN Amro on Tuesday, casting doubt over ABN&#39;s agreed tie-up with British rival Barclays.
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Australian retailer Coles Group Ltd.  put itself up for sale on Friday after receiving a number of  takeover approaches, saying it believed it was worth more than  A$18.2 billion ($14.3 billion).
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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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Trading in the shares of Australian retailer Coles Group Ltd.  and conglomerate Wesfarmers Ltd.  was halted on Monday for talks on a bid by Wesfarmers for Coles that could be worth up to A$20.7 billion ($17.7 billion).
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UK investment group CVC Capital Partners will not launch an official takeover offer for Swiss flooring materials group Forbo Holding AG before January 2005, Swiss finance magazine Cash said, citing CVC director ...
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Australian travel retailer Flight Center Ltd.  said its planned A$1.62 billion ($1.28 billion) management buy-out did not receive shareholder approval at a meeting on Wednesday.
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Sydney - Australian retailer Coles Myer on Tuesday said it would not raise its bid for pubs operator, Australian Leisure and Hospitality, as rival Woolworths said it had gained more than 20 percent of the company and declared its offer unconditional.
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Global private equity group CVC   has pulled out of a consortium eyeing a bid for Australia&#39;s  Coles Group Ltd.  after going through the retailers&#39;  books, the buyout group said Monday.
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The withdrawal of private equity  bidders from an auction for Australian retailer Coles Group  Ltd.  has underscored how the demands of increasingly  risk averse borrowers threaten some of the more debt-laden  deals.
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NEW YORK, December 15  - The worldâs leading mobile-phone operator, Vodafone Group Plc, denied yesterday that it had approved a bid by its partner, Verizon Communications Inc, for Sprint (FON.
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ALAN KOHLER: We&#39;re now halfway through Coles Myer&#39;s ambitious five year plan but this week&#39;s record profit announcement produced little more than a yawn from the market, grumbling that it has already priced in the good news.
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LONDON As a deadline for bids drew near, Grey Global, the New York-based advertising and marketing company, was expected to receive at least two bids to buy the company, with a possible third offer still uncertain, people briefed on the process said
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Australian travel retailer Flight  Center Ltd.  said its planned A$1.62 billion ($1.28  billion) management buy-out did not receive shareholder  approval at a meeting on Wednesday.
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Wesfarmers Ltd.  is close to sealing its takeover of Australian retailer Coles Group Ltd.  after sweetening its bid in last-minute weekend negotiations, the Australian Financial Review said on Monday.