Wednesday 20 June 2018
Takeover bid

Mondelez makes takeover bid for Hershey

Mondelez International Inc, the maker of Oreo cookies and Cadbury chocolates, has made a takeover bid for chocolate and sugar confectionery company Hershey Company, a person familiar with the matter said on Thursday. A merger of t


Kipco rejects $3.2bn offer for pay-TV unit OSN

Kuwait Projects Company (Kipco) has rejected a $3.2 billion takeover offer from a US private equity firm for its pay-television subsidiary OSN, the parent company said in a bourse filing on Sunday. Kipco owns 60.5 percent of OSN w


InterCon rejects $10bn bid from US suitor

The world's largest hotelier, Intercontinental Hotels Group (IHG), has rejected a 6 billion pound ($10.1 billion) takeover offer from a US bidder, Sky News reported, citing unidentified sources. Sky said IHG's board met a

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