Tag: takeover

Paco takeover of WW Oil and Gas

WW Oil & Gas Inc. has received a takeover offer from Paco Oil & Gas Inc. Paco is a junior oil and gas firm operating in the State of Texas, US with similar projects and business activity relative to the operations of WW Oil & Gas Inc.

Arcelor will reconsider Mittal offer

Arcelor chairman Mr Joseph Kinsch said the group is ready to reconsider any takeover offer from Mittal Steel made entirely in cash, instead of the current cash and share bid.

Arcelor rejects Mittal bid

After a board meeting held on 29 January Arcelor has rejected Mittal’s bid, which it regards as hostile.

ThyssenKrupp quits Dofasco bidding race

ThyssenKrupp AG has decided not to submit a higher offer to purchase Dofasco Inc.

Arcelor raises Dofasco bid to CAD 71 per share

Dofasco has received an unsolicited proposal from Arcelor SA to amend Arcelor’s CAD 63 offer of 30 December 2005, to acquire all of Dofasco’s outstanding common shares at an increased offer price of CAD 71 per common share.

ThyssenKrupp ups Dofasco bid to CAD 68

ThyssenKrupp has agreed to increase its cash offer for Dofasco Inc. to CAD 68.00 per share.

Siemens to take over Alstom energy unit?

Siemens is understood to be considering acquiring Alstom's energy business in the belief that the European Commission's struggle with France over subsidies to the ailing engineering group could clear the path to a take-over.

AvestaPolarit in quarto plate take-over

AvestaPolarit Oyj Abp (AP) and ThyssenKrupp Nirosta GmbH (TKN) have signed a letter of intent for AP to purchase the stainless steel quarto plate business of TKN.