BRIEF-May Knight joins Korn Ferry as country managing director
* May Knight joins Korn Ferry as country managing director Source text for Eikon: Further company coverage:
March 6 U.S. minerals and materials group, AMCOL International, has given Paris-based Imerys four working days to match a rival bid by Minerals Technologies, which AMCOL's board has deemed superior.
Minerals Technologies raised its offer to $45.75, valuing AMCOL at $1.48 billion, on Thursday morning. This was 50 cents higher than Imerys' bid on Tuesday.
"If the revised (Minerals') proposal continues to constitute a superior proposal after the expiration of the waiting period, the company expects to terminate the Imerys agreement and enter into a binding definitive agreement with MTI," AMCOL said in a statement.
Minerals Technologies and Imerys are both bidding for Amcol, which has large reserves of bentonite - a key mineral used in the construction and energy industries.
AMCOL said it continues to favour a deal with Imerys.
Minerals Technologies has hiked its offer twice this week, first to $45 and now $45.75, after AMCOL accepted Imerys' sweetened takeover offer for $42.75 per share last week.
* Independent data monitoring committee recommends discontinuation of the adapt Phase 3 clinical trial of rocapuldencel-T in metastatic renal cell carcinoma for futility following its planned interim data review
BERLIN, Feb 22 German Chancellor Angela Merkel is satisfied that PSA Group is addressing Berlin's demands on jobs, investment and plants in talks about buying General Motors' Opel unit, a government spokesman said on Wednesday.