Apollo makes 1 bln stg bid proposal to Countrywide
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U.S. private equity firm Apollo Management has made a 1-billion-pound ($1.95 billion) bid proposal to Countrywide , but one of the British property agency's key shareholders immediately rejected it as too low.
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PERTH (Dow Jones)--Trying to derail Xstrata Plc.&#39;s (XTA.LN) hostile takeover bid, WMC Resources Ltd. (WMR.AU) Thursday said it will return up to A$1 billion to shareholders
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Stockland, Australia&#39;s second-biggest property trust by market value, will make a proposal involving General Property Trust, raising speculation it may trump aA$7.
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The logistics company EGL has accepted a higher offer from Ceva Logistics, which is owned by Apollo Management.
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Private equity firm Apollo Management LP is planning a two-pronged approach to tap investors without ceding the advantages of being a private company, according to a news report on Tuesday.
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British advertising agency company WPP Group PLC has clinched a deal to buy Grey Global Group of New York in a cash-and-stock deal valued at $1.
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British estate agency firm Countrywide  Plc  is in talks to be acquired by U.S. buyout group  Apollo Management, a source familiar with the situation said on  Sunday.
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Kidde on Thursday recommended a sweetened 165p per share bid from United Technologies Corporation valuing the UK fire protection group at Â£1.44bn.
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A group of investors, including Goldman Sachs Capital Partners, is taking a minority stake in the hotel company for $1 billion.
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SYDNEY (Dow Jones)--Australian property investor Stockland Group (SGP.AU) said Monday it sought a trading halt on its securities pending the release of a statement &quot;about a proposal involving General Property Trust&quot; (GTP).
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Harrah's Entertainment Inc. , the world's biggest casino operator, on Monday said it had received a $15 billion buyout offer from private equity firms Apollo Management and Texas Pacific Group. , sending shares of the whole gaming sector up.
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A consortium led by Royal Bank of Scotland  unveiled a bid for ABN AMRO  on Tueday valued at 38.40 euros per share, worth a total 71.1 billion euros ($95.6 billion).
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The $28-per-share cash bid by Apollo Managementâs Hexion Specialty Chemicals trumped an earlier bid for the U.S. chemicals company by Basell. Huntsmanâs board unanimously approved the $28 per share cash bid from Apollo, the private equity firm founded by Leon Black, after Basell said late on Wednesday it would not raise its earlier bid of $25.25 per share.
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Oil and gas exploration company Anadarko Petroleum Corp. said Thursday that it launched cash tender offers for about $1 billion of its outstanding debt.
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Federated Department Stores Inc.   is near a deal to sell its Lord &amp; Taylor unit to private  equity firm Apollo Real Estate Advisors and shopping center  developer NRDC Real Estate Advisors LLC for about &#36;1.2 billion,  a published report said on Thursday.
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HOUSTON -- Investment firm Apollo Management LP said it agreed to acquire Goodman Global Holdings Inc., a maker of air conditioners and heating equipment, for $1.43 billion.
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Manchester United have received a bid approach that boosted their shares on Monday and fanned talk that US sports tycoon Malcolm Glazer is planning a bid likely to top 650 million pounds ($1.