by | Nov 29, 2010 | Towing
Walmart (WMT) made an offer for 51% of the shares in South African retailer Massmart Holdings for 148 rand ($20.75) per share.
The offer represents a 19.2% premium over the 30-day weighted average price on Sept. 23, Walmart said in a statement. Sept. 23 was the final trading day before Walmart announced its initial offer.
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Continue reading Walmart Bids for 51% Stake in South African Retailer
Walmart Bids for 51% Stake in South African Retailer originally appeared on DailyFinance on Mon, 29 Nov 2010 06:24:00.
Filed Under: Company News, Wal-Mart Stores, Retail, Stocks in the News
by | Nov 23, 2010 | Towing
Rupert Murdoch may face opposition from a higher power in his bid to take full control of British satellite TV provider BSkyB.
The Church of England said that it opposes News Corp.’s (NWS) plans for BSkyB, saying that such a deal would allow News Cor…
by | Nov 22, 2010 | Towing
Software and computing services company Novell will sell itself to Attachmate for about $2.2 billion. The $6.10 per share price represents a premium of 28% to Novell’s closing price on March 2, a day prior to the public disclo…
by | Nov 19, 2010 | Towing
Wells Fargo agreed to pay Citigroup $100 million to settle a lawsuit stemming from Wells Fargo’s acquisition of Wachovia in 2008, the companies said Friday.
Continue reading Wells Fargo Will Pay Citigroup $100 …
by | Nov 19, 2010 | Towing
Private equity fund Kohlberg Kravis Roberts & Co. is in talks to buy Del Monte Foods Co., (DLM) Reuters reported.
KKR made an offer worth $18.50 a share for Del Monte, Reuters reported without naming its sources. That would value Del Monte, which…
