| Wesfarmers says unlikely to sell Kmart unit ), which won control of Australia's second-largest retailer Coles Group Ltd last week, said on Sunday it is unlikely to sell Coles' underperforming Kmart unit. Wesfarmers had announ ...[more] |
| BHP lines up $70 bln finance package from Citi: paper ) has lined up a $70 billion financing package to bolster its $140 billion takeover approach for rival miner Rio Tinto (), the Financial Times said on Saturday. Rio rejected the all ...[more] |
| BHP Billiton sees $3.5 bln savings in Rio deal: paper ) () is targeting cost savings of at least $3.5 billion (1.68 billion pounds) from a merger with Rio Tinto () (), the Australian Financial Review reported on Monday. The business da ...[more] |
| BHP says sees $3.7 billion in synergies with Rio ) () said on Monday it sees $3.7 billion in synergies if it succeeds in acquiring rival Rio Tinto Ltd/Plc ()<RIO.L. BHP also said it planned a $30 billion share buy back if the a ...[more] |
| Rio says BHP proposal "well out of ballpark" ) said a takeover proposal by rival BHP Billiton Ltd/Plc <BHP.AX remains "well out of the ballpark." A company spokesman said BHP's three-shares-for-one proposal for Rio, worth a ...[more] |
| BHP considers $40 billion sale of petroleum arm: paper ) (), the world's biggest mining group, is considering the sale of one of its largest units, BHP Petroleum, to help finance a hostile takeover of Rio Tinto () (), the UK Sunday Times newspaper said ...[more] |
| BHP Billiton sees $3.5 bln savings in Rio deal: paper ) () is targeting cost savings of at least $3.5 billion from a merger with Rio Tinto Ltd/Plc () (), the Australian Financial Review reported on Monday. The business daily, citing a ...[more] |
| Patience will be a virtue for Hershey investors ) board of directors will lead to a quick sale of the company or a radical move to boost the stock will likely be disappointed. Instead, they will need to have patience as the overh ...[more] |
| Hershey overhaul a sign of new spotlight on boards ) board amid dissatisfaction with the chocolate maker's performance is a rare event, made possible because of the company's unique structure. But the departure of most of the board ...[more] |
| Standoff in Roche's $3 bln Ventana bid ) $3 billion hostile bid for Ventana Medical Systems Inc VMSI.O and the two firms have still not discussed the offer, their chief executives said. Roche is not willing to pay more t ...[more] |
| IBM to buy Cognos for $5 bln ) said on Monday it would buy Canada's Cognos Inc CSN.TO COGN.O for $5 billion, snapping up the last major independent maker of business intelligence software. Investors had expecte ...[more] |