WPP wins 'Â£750m' US takeover bid
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UK advertising group WPP beats France's Havas to win a bidding war for US firm Grey Global which could cost as much as Â£750m.
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SYDNEY  - British-Swiss resources group Xstrata has relaunched its already-rejected 7.4 billion dollar (5.7 billion US) bid for WMC Resources, this time pitching the offer directly to WMC shareholders rather than through the company.
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British advertising firm WPP WPP.L has agreed to buy  smaller U.S. rival Gray Global for $1.31 billion, equally  divided in cash and shares, to put it on par with industry  leader Omnicom OMC.N. Gray Global shares closed at $940 on  Nasdaq.
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SOFTWARE giant Oracle&#39;s stalled $7.7bn (Â£4.2bn) bid to take over competitor PeopleSoft has received a huge boost after a US judge threw out an anti-trust lawsuit filed by the Department of Justice to block the acquisition.
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French advertising group Havas said last night it would bid for US rival Grey Global, joining expected bids from the UK&#39;s WPP and an American buyout firm.
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(Corrects deal value throughout to 6.2 billion pounds (and $12 billion) from 5.75 billion pounds (and $11.3 billion) to reflect Corusâ fully diluted shares outstanding)
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The US government announced Thursday that it has awarded an $877.5 million contract to a private company to manufacture and deliver 75 million doses of a new vaccine for inhalation anthrax.
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UK-based advertising giant WPP is to buy US rival Grey Global in a deal worth $1.31bn . New York based Grey Global is the world&#39;s seventh largest advertising company and has a number of blue-chip clients, including Procter &amp; Gamble, 3M and Warner Bros.
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WPP Group PLC, the London-based advertising giant, said Monday it was paying US$1.309 billion (euro1.068 billion) - half in cash and half in WPP equity - for the entire share capital of US-based Grey Global.
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LONDON, England -- UK-based advertising giant WPP Group says it has won the bidding to acquire US agency Grey Global. WPP, the world&#39;s second-largest advertising company, said Sunday it had reached agreement
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Britain&#39;s WPP Group PLC and private-equity firm Hellman &amp; Friedman have submitted offers in the auction for advertising firm Grey Global Group, according to people familiar with the matter.
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The US firm which owns online retailer Lastminute.com agrees to a $4.5bn takeover bid by two private equity firms.
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English Premiership giants Liverpool have accepted a 470-million pound takeover offer from American tycoons George Gillett and Tom Hicks.
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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.
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SOFTWARE company PeopleSoft has agreed to a sweetened Â£5.4 billion buy-out by rival Oracle, relenting after a bitter 18-month takeover saga.
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British manufacturer Kidde PLC agreed to a Â£1.4 billion ($2.8 billion) takeover by US manufacturer United Technologies Corp. Thursday, but some analysts said the offer should have been higher.
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Aug. 20 (Bloomberg) -- WPP Group Plc, the world&#39;s second- largest advertising and marketing company, said first-half profit rose 11 percent as demand increased in the US and Asia, and reiterated it&#39;s looking into buying Grey Global Inc.