PPR holds 33.2 pct of Puma, extends takeover offer
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PPR, the French luxury goods empire, said Wednesday it had amassed a 33.2 percent stake in German sportsgear maker Puma by the end of an initial acceptance period for its public offer.
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A consortium led by private-equity firms Kohlberg Kravis Roberts and Texas Pacific Group is nearing a deal worth close to $45 billion for a Texas energy giant in what would be the largest leveraged buyout ever, according to a source with knowledge of the negotiations.
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LONDON  - British fire and safety product manufacturer Kidde said it had agreed to a 1.44-billion-pound (2.09-billion-euro, 2.80-billion-dollar) takeover offer from US group United Technologies Corp.
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Gucci owner PPR takes effective control of Puma three months after offering to buy sportswear maker.
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US sports tycoon Malcolm Glazer has raised his stake in Manchester United for the second time in three days. Mr Glazer spent Â£17m ($31m) on another six million shares on Monday to lift his holding in the club to 27.
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PPR SA, the French owner of the Gucci luxury brand, said a $7.3 billion bid for German sporting goods maker Puma AG succeeded after almost two-thirds of investors accepted its offer.
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Omnicare Inc. (OCR) said on Wednesday it extended its $30 a share all cash offer for all the outstanding shares of NeighborCare Inc.
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Jones said the deal is valued at approximately $400 million, including cash consideration of $19 per share to Barneys stockholders totaling $294.
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LONDON: US sports tycoon Malcolm Glazer has raised his stake in Manchester United Plc to 27.63% from 25.3%, the Premier League club said yesterday, heightening speculation that he will bid for them.
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The world's third largest cigarette  group, Japan Tobacco Inc (2914.T), on Thursday made a 7.5  billion pound ($14.7 billion) cash offer for rival Gallaher  Group Plc , sources close to the situation said.
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LONDON/AMSTERDAM  - A consortium led by Royal Bank of Scotland on Monday kept its offer to buy Dutch bank ABM AMRO at 71.1 billion euros ($97.9 billion) but raised the amount of cash it is offering after having to exclude ABN's U.S. arm from the purchase.
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The British soccer club Manchester United said on Monday that it had received a preliminary takeover offer, which one person close to the talks said was from the owner of the Tampa Bay Buccaneers, Malcolm Glazer.
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US sports tycoon Malcolm Glazer pays Â£17m to increase his stake in Manchester United for the second time in three days.
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US sports tycoon Malcolm Glazer has raised his stake in Manchester United Plc to 27.63 percent from 25.3 percent, the Premier League club said on Tuesday, heightening speculation that he will bid for them.
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The US sports tycoon Malcolm Glazer last night kept his Manchester United bid hopes alive by wading into the market and buying a further 6 per cent of the club, lifting his stake to 25.
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US businessman Malcolm Glazer has lifted his stake in Manchester United to 27.6% from 25.3%, heightening speculation that he will bid for the world&#39;s richest soccer club.
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Malcolm Glazer has increased his stake in Manchester United for the third day in succession to take his holding to 28.11 per cent.