Perrier Doubt After Nestle Rejects Offer
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The future of Perrier in France was in doubt again Tuesday after its parent company Nestle SA rejected an earlier compromise with union leaders, saying it did not go far enough.
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British brewer Scottish and Newcastle (S and N) rejected a takeover bid Thursday from Denmark's Carlsberg and Dutch peer Heineken worth 6.8 billion pounds, dismissing the offer as an effort to get hold of S and N business "on the cheap."
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Australian prospector Midwest Corp   rejected a $1 billion-plus takeover proposal from its  major shareholder, the Chinese commodities trader Sinosteel,  emboldened by another big hike in iron ore prices this year.
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The London Stock Exchange PLC has received and rejected a bid proposal from Germany&#39;s main stock exchange, Deutsche Boerse AG , the exchanges said Monday.
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France's finance minister intervened Friday in the standoff between Nestle SA and its French workers, inviting a top executive to discuss the Swiss food giant's plans to sell its Perrier bottled water unit.
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Scottish & Newcastle rejects an improved 780p-per-share bid proposal from Carlsberg and Heineken.
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Nestl claims that it can no longer make money out of Perrier because of the over-manning and rigidity of the labour laws at the company's plant in Vergez in the south of France.
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The London Stock Exchange (LSE) has rejected a proposed offer for the company from Deutsche Boerse valued at 530 pence per share in cash.
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Coca-Cola Amatil Ltd., Australia&#39;s biggest soft drink maker, had its stock halted from trading, after the Australian Financial Review reported it may bid A$480 million ($365 million) for fruit canner SPC Ardmona Ltd.
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Shares in J Sainsbury, the supermarkets group, have been surging all week on renewed bid speculation. Yet I think the company has to be believed when it insists that there have been no approaches, nor would
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The London Stock Exchange has rejected a Â£1.35bn offer from German market Deutsche Boerse, but says fresh talks are possible.
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Dairy processor National Foods has again called for shareholders to reject the takeover bid of New Zealand dairy giant, Fonterra. The company has told a shareholder meeting in Adelaide the $5.45 a share bid made by Fonterra is grossly inadequate.
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The Chalone Wine Group Ltd. CHLN.O a  U.S. winemaker, on Monday rejected an existing buyout offer  from French luxury wine maker Domaines Barons de Rothschild,  saying it was now entertaining a better offer.
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A competing offer for banking giant ABN AMRO is sweetened, but not raised.
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The aluminum producer Alcoa said in a statement that it would continue to pursue its $27.4 billion cash and stock bid for a rival, Alcan, despite the Canadian companyâs rejection of the offer. But Alcoaâs chairman and chief executive, Alain J. P. Belda, said that the company would not enhance the proposal, which Alcan called inadequate. âWe have studied Alcanâs response and have not seen anything that would lead us to re-evaluate our offer,â Mr. Belda said. He also rejected suggestions by Alcan that Alcoa would have difficulty obtaining antitrust approval for the merger and urged Alcanâs board to resume its examination of the bid.
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French bank BNP declines to rule out a bid for rival Societe Generale, which is struggling after a trading scandal.
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Fire equipment manufacturer Kidde saw its share price rise by 20% on Friday after it confirmed it had rejected a Â£1.35bn ($2.46bn) takeover offer.