Tate & Lyle PLC said on Thursday that rival food ingredients group Ingredion Inc. of the U.S. has tabled a preliminary takeover offer that could value the British company at £2.74 billion ($3.67 billion).
Tate & Lyle PLC said on Thursday that rival food ingredients group Ingredion Inc. of the U.S. has tabled a preliminary takeover offer that could value the British company at £2.74 billion ($3.67 billion).
Spire Healthcare Group PLC said Thursday that it could back a £1 billion ($1.4 billion) possible cash offer from Toscafund Asset Management LLP after takeover talks with two other British investment companies failed.
Essensys said Thursday that the bidding company formed by its founder to buy the troubled property software business will shortly begin to acquire by force the remaining shares from shareholders who have not yet accepted its takeover offer of approximately £11.3 million ($15.3 million).
Alcoholic drink maker Brown-Forman rejected rival Sazerac's $15 billion takeover offer; fintech Digital Asset is seeking a $2 billion valuation with its latest funding round; and shoemaker Skechers has upped its offer to settle an investor lawsuit.
British retail lender Secure Trust Bank PLC said on Thursday that it is on track to roll out its £10 million ($13.5 million) share repurchase program aimed at rewarding investors.
British investment manager 3i Group PLC launched a share repurchase program of up to £750 million ($1 billion) on Thursday in a move to downsize its share capital.