TFN NEWS BRIEFING: Mergers and acquisitions highlights to 15:50 BST |
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Published
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Wed, 02 May 2007 16:06 |
2007-05-02 15:46:19BMI dismisses reports about takeover approaches, FY profits up 197 pctLONDON (Thomson Financial) - The chairman of BMI British Midland hasdismissed reports that he has received approaches to sell his 51 pct stake inthe privately held airline, but did not rule out a future disposal.2007-05-02 15:32:54EU merger reviews at a glance outlookBRUSSELS (Thomson Financial) - The following mergers and joint ventureagreements have been notified to the European Commission for regulatoryclearance:RECENT NOTIFICATIONS2007-05-02 14:45:15Dimension Data acquires controlling stake in Datacraft AmericasLONDON (Thomson Financial) - Dimension Data Holdings PLC said it bought anadditional 40.1 pct in Datacraft Americas Holdings Ltd, raising its stake to acontrolling 50.1 pct.2007-05-02 14:37:24Dolan Family to acquire Cablevision for 36.26 usd per share in cashLONDON (Thomson Financial) - Entertainment and telecoms company CablevisionSystems Corporation said it has come to an agreement with the Dolan FamilyGroup, where all outstanding shares of Cablevision that the Dolan Family doesnot already own will be converted into 36.26 usd per share in cash.2007-05-02 14:29:58VW supervisory board to give recommendation regarding Porsche offer in 2 weeksWOLFSBURG, Germany (Thomson Financial) - Volkswagen AG's supervisory boardwill examine Porsche AG's takeover offer in the next two weeks and then give itsrecommendation to shareholders, said VW chief financial officer Hans DieterPoetsch.2007-05-02 14:16:55Crest Nicholson says court approves Castle Bidco bid offerLONDON (Thomson Financial) - UK housebuilder Crest Nicholson PLC said it woncourt approval for Castle Bidco Ltd to acquire the remaining shares of Crest.
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