Adeptio says committed to mandatory takeover offer for Americana shares
DUBAI Gulf investment group Adeptio plans to undertake a mandatory takeover offer of shares in Kuwait Food Co (Americana), it said in a bourse filing on Sunday.
OTTAWA Canada's government on Wednesday sidestepped a question on whether its review of CNOOC Ltd's planned bid for Nexen Inc would be affected by the two firms' decision to resubmit an application for U.S. approval.
Asked in the House of Commons about the possible impact that the U.S. resubmitted review could have on Canada's review, Industry Minister Christian Paradis said only that the government was reviewing the CNOOC proposal.
He also said that while Canada was open for foreign investment, the government would neither block nor rubber-stamp all foreign takeover bids.
(Reporting by David Ljunggren; Editing by Janet Guttsman, Gary Hill)
HELSINKI A merger between Sweden's Nordea and Dutch state-owned lender ABN Amro would make "a pretty fine bank," and early talks may continue after a March 2017 election in the Netherlands, Nordea chairman Bjorn Wahlroos said on Saturday.
LONDON British American Tobacco has offered to buy out U.S. cigarette maker Reynolds American Inc in a $47 billion takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall.