Vimeo
LinkedIn
Instagram
Share |

FB News

December 3, 2007

The US Court of Appeals has upheld a previous decision to make the Uzan family from Turkey pay in excess of $1 billion to Motorola, the largest US mobile phone manufacturer

The US Court of Appeals has upheld a previous decision to make the Uzan family from Turkey pay in excess of $1 billion to Motorola, the largest US mobile phone manufacturer.

The family, who previously owned Turkish wireless carrier Telsim Mobil Telekomunikasyon Hizmetleri AS, claimed that it could not afford the fine. This has been rejected.

December 3, 2007

A group of shareholders are looking to sell their shares in the Miller Group, the UK's largest privately owned housebuilding, property development and construction business

A group of shareholders are looking to sell their shares in the Miller Group, the UK's largest privately owned housebuilding, property development and construction business. The group represents over 60% of the share capital and is being represented by James Miller, former chairman of the company and cousin of CEO Keith Miller.

November 15, 2007

Cagle's, Inc has received an acquisition proposal from a group consisting of James Douglas Cagle, the company's president and CEO, his two sons

Cagle's, Inc has received an acquisition proposal from a group consisting of James Douglas Cagle, the company's president and CEO, his two sons, who are both vice presidents of the company, and a limited liability company (LLC) controlled by the Cagle family.

November 15, 2007

Family-owned steel giant ArcelorMittal has acquired a 100% stake in Galvex OÜ, the Estonian privately-owned steel galvanising line

Family-owned steel giant ArcelorMittal has acquired a 100% stake in Galvex OÜ, the Estonian privately-owned steel galvanising line located on the Baltic Sea, for an undisclosed sum.

Speaking today, Michel Wurth, member of the group management board of ArcelorMittal, said: "We look forward to bringing our expertise to Galvex OÜ as it joins our Central and Eastern Europe portfolio, which has already proved very successful, accounting for 18% of ArcelorMittal's steel production in 2006."

November 15, 2007

Roche, the family-owned pharmaceutical firm, has entered into a confidentiality agreement with Ventana Medical Systems and will commence due diligence

Roche, the family-owned pharmaceutical firm, has entered into a confidentiality agreement with Ventana Medical Systems and will commence due diligence. This is in regard to Roche's proposal back in June to acquire all outstanding shares of Ventana for a price of $75 per share.

Ventana rejected the offer in June as "grossly inadequate" but have now allowed due diligence to commence in order to "allow Roche to recognise the significant additional value inherent in Ventana's business".

November 15, 2007

Delta Two has informed Sainsbury's that it will not proceed with an offer for the share capital in the UK supermarket giant

Delta Two has informed Sainsbury's that it will not proceed with an offer for the share capital in the UK supermarket giant. It had originally been proposing a €14.8 billion takeover of the firm.

Commenting on the news, Sainsbury's said that "the company continues to have great potential under the leadership of its strong management team" and that it was committed to completing the Making Sainsbury's Great Again recovery plan to improve its sales.

November 2, 2007

A new law could see a wave of family business IPOs in the UAE, but analysts and legal experts say the change is also an incremental step toward a much needed modernisation of the region’s business climate. Andrea Chipman reports …

Andrea Chipman is a freelance journalist based in the UK.

A new law could see a wave of family business IPOs in the UAE, but analysts and legal experts say the change is also an incremental step toward a much needed modernisation of the region's business climate. Andrea Chipman reports …

A recent change in the law on IPOs in the UAE could provide a much-needed catalyst to open up local family businesses to foreign shareholders and more broadly increase liquidity in Gulf equity markets.

November 1, 2007

Brewery giants Heineken, owned by the Heineken family, and Carlsberg have formed a consortium in order to make a proposal offer to fellow brewery group Scottish & Newcastle

Brewery giants Heineken, owned by the Heineken family, and Carlsberg have formed a consortium in order to make a proposal offer to fellow brewery group Scottish & Newcastle (S&N).

The S&N board has rejected the initial offer of 720p per share and has refused to enter into any discussions with the consortium.

The consortium has said in a statement that it "strongly believes that its proposal is strategically compelling and that a recommended transaction is in the best interests of S&N's shareholders."

November 1, 2007

In the past few years Brazil has become one of the fastest growing emerging markets in the world. Rodrigo Amaral analyses what impact this has had on the country’s family businesses and the unprecedented rise of the IPO …

Rodrigo Amaral is a freelance journalist based in the UK.

In the past few years Brazil has become one of the fastest growing emerging markets in the world. Rodrigo Amaral analyses what impact this has had on the country's family businesses and the unprecedented rise of the IPO …

Click here >>
Close