Fortum Oyj (FORTUM.HE)
15 Dec 2017
Dec 7 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
FRANKFURT/DUESSELDORF, Dec 7 German energy firm Uniper on Thursday promised higher dividends in coming years in its bid to convince shareholders not to tender their stock to Fortum in the Finnish group's 8.05 billion euro ($9.49 billion) takeover bid.
FRANKFURT Activist investor Elliott Management has taken a 5.32 percent stake in Uniper, putting pressure on Finland's Fortum to sweeten its 8.05 billion euro ($9.51 billion) takeover offer for the German energy company.
* Uniper shares close up 3.9 pct after hitting record (Recasts, adds context on E.ON-Fortum deal, shares)
FRANKFURT, Dec 5 Activist investor Elliott Management has taken a stake in German energy company Uniper , which itself is the target of a takeover bid by Finland's Fortum, the online edition of Manager Magazin reported on Tuesday.
Dec 4 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
FRANKFURT German energy firm Uniper, subject to a 8.05 billion euro ($9.54 billion) takeover bid by Finnish peer Fortum, could make small and selective acquisitions itself, its finance chief told the online version of FINANCE magazine.
FRANKFURT German energy group Uniper , which is trying to fend off a takeover bid, has already cut more than two thirds of the 2,000 jobs it was planning to shed by 2018, its chief financial officer said.
* Reductions part of 400 mln euro cost cut programme (Recasts to show most of the cuts are done, adds CEO quote)
Nov 21 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday: