All Mergers and acquisitions articles – Page 47
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Fifth IL-76TD-90VD freighter for Volga-Dnepr
July 2 - Volga-Dnepr Airlines has added a fifth new IL-76TD-90VD cargo aircraft to its fleet. The modernised 50 tonnes capacity freighter performed its first commercial flight last month.
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Summa Group to take controlling stake in FESCO
June 22 - Russia's Summa Group is purchasing a 56 percent stake in Far Eastern Shipping Company, OJSC (part of the FESCO Group) from the Industrial Investors Company.
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Changes at the top for Intermarine
June 22 - Alfred (Al) JV Stanley has joined Intermarine; replacing Andre Grikitis as president and chief executive officer, who will now assume the role of operating chairman.
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Wilh. Wilhelmsen Holding buys stake in NorSea Group
June 19 - Wilh. Wilhelmsen Holding Invest AS (WWHI), a fully owned subsidiary of Wilh. Wilhelmsen Holding ASA (WWH), has signed an agreement to acquire 35.4 percent of the shares in NorSea Group AS (NSG).
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Big news from TOC Europe
June 18 - An exhibition is always a good opportunity for making a significant announcement and that was certainly the case at last week's TOC Europe exhibition in Antwerp.
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Dockwise - Fairstar saga rumbles on as initial offer deadline is extended
June 13 - There's no let up in the war of words between Dockwise and Fairstar over the ongoing saga of the latter's proposed takeover by the former.
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Dockwise reminds investors of mandatory offer deadline
June 12 - In the latest installment of the proposed Dockwise takeover of rival Fairstar Heavy Transport, the former has issued an alert remindng shareholders that the period for the former's Dockwise White Marlin unconditional mandatory offer for all the
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The Friday Flyer
June 08 - Welcome to HLPFI's Friday Flyer, our round-up of news from the last few days, spiced up with a little anecdotal commentary from the editorial team.
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Dockwise offer 'not fair from a financial point of view' say Fairstar advisers
June 7 - ABG Sundal Collier Norge ASA (ABG Sundal Collier) and Skandinaviska Enskilda Banken AB (publ) Oslo Branch (SEB Enskilda) have performed a valuation of Fairstar based on several methods and have concluded that: "Based on public information and inf
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Fairstar describes Dockwise tactics as "hostile and nasty"
May 22 - Fairstar Heavy Transportation, which opposes a takeover by Dutch rival Dockwise, has revealed a new credit line worth USD247 million.
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Five in line for Sietas Group companies
May 22 - Five concrete offers have been received for the companies of the Hamburg-based Sietas Group.
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Business as usual, says Fairstar
May 17 - Facing a hostile and unwelcome takeover by heavy lift giant Dockwise, business at Fairstar might seem anything but usual.
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Fairstar rejects Dockwise offer of financial support as a 'poison pill'
May 16 - Fairstar Heavy Transport has rejected the unsolicited financial proposal received from Dockwise on Monday evening as being "of no interest to Fairstar", adding that whilst "Dockwise has attempted to characterise the offer of USD 30 million in 'su
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Gloves come off in Dockwise-Fairstar takeover saga
May 14 - Last Friday saw Fairstar Heavy Transport release copies of the most recent correspondence between itself and Dockwise in preparation for the former's AGM.
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Dockwise approves rights issue to finance proposed acquisition of Fairstar
May 11 - The Dockwise-Fairstar saga has rumbled on this week, with Dockwise advising that the financing of its proposed acquisition of shares in Fairstar Heavy Transport nv through the issuance of common shares in a rights Issue to existing shareholders a
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Dockwise ups ownership in Fairstar to 28 percent
May 1 - Further to our report from April 27, according to reports online, Dockwise Ltd - through its subsidiary Dockwise White Marlin - last week completed the acquisition of 19 percent of the shares in Fairstar Heavy Transport nv and has now waived the s
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Fairstar postpones AGM as acrimony over Dockwise bid grows
April 27 - The developing business storm between Fairstar Heavy Transport and Dockwise has continued with the suspension of Fairstar's AGM amid accusations that Dockwise's moves do not conform with rules governing takeovers of publicly listed companies in
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Fairstar rejects Dockwise take over bid
April 23 - Fairstar Heavy Transport has received an unsolicited, conditional, offer from Dockwise to acquire Fairstar shares at a purchase price of NOK9.3 (USD1.6) per share.
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Magnone takes the helm at Skelton Sherborne
March 30 - Australia's largest freight forwarder of mining and construction equipment, Skelton Sherborne, has appointed Julie Magnone as chief executive officer (CEO).
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India's UGL to acquire LANS
March 30 - India's Unique Global Logistics (UGL) is to acquire Mumbai-based LANS Projects Pvt Ltd in a bid to increase its share of the wind energy and oil and gas sectors.