All Mergers and acquisitions articles – Page 47

  • News

    Big news from TOC Europe

    2012-06-18T00:00:00Z

    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.

  • News

    Dockwise - Fairstar saga rumbles on as initial offer deadline is extended

    2012-06-13T00:00:00Z

    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.

  • News

    Dockwise reminds investors of mandatory offer deadline

    2012-06-12T00:00:00Z

    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

  • News

    The Friday Flyer

    2012-06-08T00:00:00Z

    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.

  • News

    Dockwise offer 'not fair from a financial point of view' say Fairstar advisers

    2012-06-07T00:00:00Z

    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

  • News

    Fairstar describes Dockwise tactics as "hostile and nasty"

    2012-05-22T00:00:00Z

    May 22 - Fairstar Heavy Transportation, which opposes a takeover by Dutch rival Dockwise, has revealed a new credit line worth USD247 million.

  • News

    Five in line for Sietas Group companies

    2012-05-22T00:00:00Z

    May 22 - Five concrete offers have been received for the companies of the Hamburg-based Sietas Group.

  • News

    Business as usual, says Fairstar

    2012-05-17T00:00:00Z

    May 17 - Facing a hostile and unwelcome takeover by heavy lift giant Dockwise, business at Fairstar might seem anything but usual.

  • News

    Fairstar rejects Dockwise offer of financial support as a 'poison pill'

    2012-05-16T00:00:00Z

    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

  • News

    Gloves come off in Dockwise-Fairstar takeover saga

    2012-05-14T00:00:00Z

    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.

  • News

    Dockwise approves rights issue to finance proposed acquisition of Fairstar

    2012-05-11T00:00:00Z

    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

  • News

    Dockwise ups ownership in Fairstar to 28 percent

    2012-05-01T00:00:00Z

    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

  • News

    Fairstar postpones AGM as acrimony over Dockwise bid grows

    2012-04-27T00:00:00Z

    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

  • News

    Fairstar rejects Dockwise take over bid

    2012-04-23T00:00:00Z

    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.

  • News

    Magnone takes the helm at Skelton Sherborne

    2012-03-30T00:00:00Z

    March 30 - Australia's largest freight forwarder of mining and construction equipment, Skelton Sherborne, has appointed Julie Magnone as chief executive officer (CEO).

  • News

    India's UGL to acquire LANS

    2012-03-30T00:00:00Z

    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.

  • News

    Volga-Dnepr set to boost presence in Germany

    2012-03-19T00:00:00Z

    March 19 - Volga-Dnepr's planned acquisition of Air Cargo Germany is now waiting for anti-trust clearance from the authorities says the airline.

  • News

    Art for art's sake

    2012-03-08T00:00:00Z

    March 8 - An artwork, Max Bill's 66 tonne sculpture 'Continuity', has been lifted into place by a Terex mobile crane - but not an ordinary crane. It was the 200th unit of the AC 500-2 delivered from the Terex Cranes facility in Zweibr

  • News

    Panalpina reports a successful 2011

    2012-03-07T00:00:00Z

    March 7 - The Panalpina Group, which handles project cargo through its Panprojects division, can look back on a successful 2011 after further expanding its profit margins and achieving a consolidated profit of USD 138.3 million.

  • News

    Gulf Stream Marine recapitalised

    2012-03-02T00:00:00Z

    March 2 - The CapStreet Group, LLC and Crutchfield Capital Corporation has reported the majority recapitalisation of Gulf Stream Marine, Inc by CapStreet Group. Crutchfield served as the exclusive financial advisor to Gulf Stream Marine throughout the tra