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Moss Bros buyer back-out bid blocked by watchdog

2020-05-20 14:31:00| Daily apparel & textile news and comment - from just-style.com

The buyer of UK suit and formalwear specialist Moss Bros has had its proposal to pull out of the sale rejected by the Takeover Panel.

Tags: bid buyer bros blocked

 

Kohl's quits eight brands in bid to tighten apparel offering

2020-05-20 14:05:00| Daily apparel & textile news and comment - from just-style.com

US department store chain Kohl's is exiting eight "down-trending" womenswear brands as it moves to tighten up its apparel offering, following a 43.5% sales plunge and booking a loss in its most recent quarterly financial update.

Tags: brands apparel offering bid

 
 

Searcher Seismic Study to Assist Offshore Timor-Leste Bid Round

2020-03-27 13:55:45| OGI

Searcher reached a marketing and sales agreement with Timor-Lestes Petroleum Authority, Autoridade Nacional Do Petroleo E Minerals (ANPM) on March 25 for its Offshore Timor-Leste data and study package.

Tags: study round assist bid

 

Telefonica, TIM plan expansion in Brazil with bid for Oi mobile business

2020-03-11 08:45:00| Telecompaper Headlines

(Telecompaper) Telefonica and TIM have united to make an offer to acquire Brazilian operator Oi's mobile business. The companies said they contacted Oi's advisor Bank of America Merrill Lynch to start the negotiations, and Oi confirmed an approach from unnamed third parties.

Tags: business plan mobile brazil

 

Cincinnati Bell gets new bid, at higher USD 13.50 per share

2020-03-03 10:50:00| Telecompaper Headlines

(Telecompaper) A bidding war is taking place around Cincinnati Bell, which said it has received a fresh unsolicited bid, at USD 13.50 per share in cash. The bid comes from Macquarie Infrastructure and Real Assets (MIRA), which Cincinnati Bell now reveals was the party that offered USD 12 per share for the company in January. Cincinnati Bell had already accepted a bid from Brookfield Infrastructure, at USD 10.50 per share or USD 2.6 billion in total.

Tags: per share higher usd

 

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