Perrier owner lifts sale threat
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The Swiss owner of French brand Perrier lifts a threat to sell the iconic water producer despite continuing tensions.
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The French fizzy water in the green bottle is in trouble. Perrier, a source of domestic pride and one of the world's best-known brands, is caught in a labor dispute that smacks of a culture clash between old-world France against the New World Order.
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Somerfield is embarking on a rapid expansion by buying small Safeway stores that are no longer wanted by WM Morrison. Having fended off an unwanted takeover bid last year, Somerfield raised Â£51m through a
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SHARES in ICI soared to an eight-year high today as the City today bet big on a takeover battle breaking out over the Dulux paints group.
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LONDON (CBS.MW) -- Harry Dobson, the Scottish mining millionaire who owns a 6.5 percent stake in Manchester United (UK:MNU) , told Scotland&#39;s Herald newspaper that he has been approached about selling his stake by brokers who may have been acting on
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Owners of many forlorn brands are selling or licensing them in the hopes of reviving them through advertising, price promotions and public relations.
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Not all tender offers are cause for shareholder excitement.
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Restaurateur's shares shoot up on news of increased profitability.
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Shares in Havas rose sharply in early trade, extending last week's gains, on persistent speculation that the French advertising company could become a takeover target of British group WPP, dealers said.
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An acquisition focuses on a market with strong growth potential.
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Investors seeking to sell a share that they do not own will no longer be barred from doing so because the price of the stock is falling.
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LAS VEGAS -- Private equity bidders extended their shopping spree for casino companies yesterday as Station Casinos Inc. said it received a $4.7 billion buyout offer from its founding family and an affiliate of Colony Capital LLC.
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SHARES in Australian Leisure &amp; Hospitality Group Ltd (ALH) jumped more than nine per cent in morning trade today after retailer Coles Myer finally joined the bidding war for the pubs and bottleshops operator.
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Business & money: Shares jump more than 12% after embattled bank reveals takeover offers.
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Solid sales at Richemont helped European  shares stay in positive territory at midday on Thursday but  higher oil prices capped buying, amid worries that Hurricane  Ivan could damage oil facilities in the crude-rich Gulf of  Mexico.
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Iranian-born businessman Robert Tchenguiz's purchase of 364 pubs is a telling sign that the sector, formerly the closed domain of brewers, now tempts investors more interested in rental profits than pints.
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SYDNEY: Australian retailer Woolworths Ltd has upped the stakes in the bidding war for ALH Ltd. offering more money than giant rival Coles Meyer did last week but then giving the pub and liquor store group just over four hours in which to accept.