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Australia's Graincorp Concedes to $3.4B Takeover Bid Offer of U.S.-based Archer Daniels Midland Co
2013-04-26 05:37:47| Agriculture - Topix.net
's largest listed grain trader and the last standing independent grains handler, has conceded to a $3.4 billion takeover bid offer of U.S.-based Archer Daniels Midland Co .
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Hyundai pulls suicide bid car advert
2013-04-26 00:58:43| BBC News | Business | UK Edition
Carmaker Hyundai apologises and pulls an online advert that depicted a man attempting to kill himself with exhaust fumes in its new model.
Verizon eyes $100 billion bid for Vodafone's Wireless stake
2013-04-25 16:34:36| MobileTechNews
Verizon is preparing a $100B bid for control of Verizon Wireless according to this report from Reuters.
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Exclusive: Verizon eyes roughly $100 billion bid for Verizon Wireless stake
2013-04-25 11:39:24| Telecom - Topix.net
Verizon Communications Inc has hired advisers to prepare a possible $100 billion cash and stock bid to take full control of Verizon Wireless from joint venture partner Vodafone Group Plc, two people familiar with the matter said on Wednesday.
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Verizon plans USD 100 bln bid for Verizon Wireless - report
2013-04-25 11:00:00| Telecompaper Headlines
(Telecompaper) Verizon has hired advisers to prepare a possible USD 100 billion cash and stock bid to take full control of Verizon Wireless from joint venture partner Vodafone, two people familiar with the matter told Reuters. Verizon, which already owns 55 percent of Verizon Wireless, has not yet put forward a proposal to Vodafone but it has hired both banking and legal advisers for a possible bid, the report said. Verizon hopes to start discussions with Vodafone soon for a friendly deal but is prepared to take a bid public if the British company does not engage in talks, one of the sources added. Verizon aims to raise around USD 50 billion of the purchase price through bank financing, with the remainder to be paid in its own shares. The US operator's board is expected to discuss details of the potential buy-out next week at a scheduled meeting. A Verizon spokesman declined to comment, apart from reiterating that the company would be a willing buyer of Vodafone's share in Verizon Wireless.
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