by 21st Century Competition | Jun 9, 2014 | Global Blogs
Merger plans of two Saudi Arabian companies that would have resulted in the creation of a chemical firm with about $5.8 billion in market value have been put on hold, according to reports. Shares for Saudi International Petrochemical and Sahara Petrochemicals sunk...
by 21st Century Competition | Jun 9, 2014 | Global Blogs
Tyson Foods has reportedly won its bidding war with Pilgrim’s Pride to acquire processed meat company Hillshire Brands, reports say. Tyson ultimately won the food fight with a bid of $8.55 billion, an offer announced Monday. The bidding concluded Sunday when...
by 21st Century Competition | Jun 9, 2014 | Global Blogs
While the UK’s financial regulator, the Financial Conduct Authority, had planned a major inquiry into the annuities market, reports say the watchdog has rethought its market probe after government reforms took hold. According to reports, the FCA sought to review...
by 21st Century Competition | Jun 9, 2014 | Global Blogs
Budget-friendly retail giant Family Dollar has reportedly adopted a so-called poison pill to protect itself against hostile takeovers as activist investor Carl Icahn considers pushing for a merger with rival Dollar General. Reports say Family Dollar adopted the plan,...
by 21st Century Competition | Jun 9, 2014 | Global Blogs
Austrian media are reporting that Mexico communications mogul Carlos Slim has struck an agreement with Austrian government officials to pool their stakes in Telekom Austria. The nation’s Federal Competition Agency has reportedly approved of the collaboration...
