Philips extends Genlyte takeover offer
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Philips Electronics  has  extended its $2.7 billion takeover offer for U.S. lighting  maker Genlyte Group Inc  to January 16, saying not all  regulatory approvals have been obtained yet.
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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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The private equity firm seeking to buy music group EMI extends the deadline for its offer by one week.
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The National Health Service (NHS) has extended a software licensing deal with Microsoft for nine years - three times longer than its current agreement.
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Kidde moved a step closer yesterday to being bought by America&#39;s United Technologies, which increased its offer for the UK fire extinguisher maker to Â£1.39bn.
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The company&#39;s initial offer of $7.7bn or $21 per share, was due to expire at midnight tonight but Peoplesoft will now have another two weeks, until 22 October, to make their decision.
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Johnson &amp; Johnson (nyse: JNJ - news - people ) is said to be in advanced talks to buy medical device maker Guidant (nyse: GDT - news - people ) for more than $24 billion.
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Barclays, the third-biggest British bank, have extended their sponsorship of the English Premiership until 2010 in a deal worth 65.8 million pounds.
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Philips plans to buy U.S. home medical equipment maker Respironics Inc for $5.1 billion, its largest deal to date in an aggressive expansion in the fast-growing healthcare sector.
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Philips Electronics announced Friday that it would launch a friendly cash takeover bid for US medical equipment company Respironics, valuing it at 5.1 billion dollars (3.6 billion euros).
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Royal Philips Electronics, one of Europeâs largest makers of medical equipment and electronics, said it would more than double profit by 2010 as it streamlines the company. The chief executive, Gerard Kleisterlee, left, said the company was also pursuing acquisitions in health care, lighting and consumer lifestyles, with a focus on emerging markets, namely those in Asia. âWe are always in talks,â he said. âThe timing of acquisitions is always unpredictable.â Philips is paring its business units into three sectors, which will save an estimated 150 million euros to 200 million euros ($205 million to $274 million) by 2010, Mr. Kleisterlee said.
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SAN FRANCISCO -- Business software maker Oracle Corp. said on Thursday it extended again its $7.7 billion hostile tender offer for PeopleSoft Inc.
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An offer for Tribune Co. from its  largest shareholder, Chandler Trusts, which was due to expire  on Wednesday has been extended, a source close to the Chandlers  said.
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German chemicals and pharmaceuticals giant Bayer says it is still open to further acquisitions even though it was still in the process of integrating Berlin-based drug maker Schering which it recently acquired for close to 17 billion euros (22 billion dollars).
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Business software maker Oracle Corp. (ORCL.O: Quote, Profile, Research) said on Thursday it is extending again its hostile tender offer for all of the common stock of PeopleSoft Inc.
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Oracle Corp. has again extended its $7.7 billion cash offer for PeopleSoft Inc. Shareholders now have until Oct. 8 to tender their shares, Oracle said Thursday.
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CVS Corp.  on Thursday again sweetened its $23.9 billion takeover bid for Caremark Rx Inc.  with an increased dividend, calling the new proposal its "best and final" offer for the pharmacy-benefits manager.