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Hicks, Muse wins battle for Hillsdown Holdings

Article Abstract:

Hicks, Muse, Tate & Furst Ltd. has successfully outbidded Candover Investments PLC in acquiring Hillsdown Holdings PLC. Hicks Muse said it increased its bid for the second time to 147 pence (2.28 euros) a share from 141 pence. The bid values Hillsdown at 537 million pound sterling. The company's board of directors will give their approval to the proposed deal. Hicks Muse is a leveraged-buyout company based in the US.

Comment:

Hicks Muse outbids Candover Investments in acquiring Hillsdown Holdings

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
United Kingdom, Investment Advisory Services, Investment Advice, Canned, Dried & Frozen Foods, Fruit and Vegetable Preserving and Specialty Food Manufacturing, Food industry, Food, Investment advisers, Hillsdown Holdings PLC, Hicks, Muse and Company Inc.

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MassMutual bids for Japan firm

Article Abstract:

MassMutual Financial Group has made a tender bid to acquire Aetna Heiwa Life Insurance Co. of Japan. MassMutual began the bid by buying 25.6 million outstanding shares of Aetna Heiwa.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Japan, Life Insurance, Direct Life Insurance Carriers, Financial Services, Finance and Insurance, Insurance industry, Life insurance industry, MassMutual Financial Group, Aetna Heiwa Life Insurance Co.

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Subjects list: United States, Mergers, acquisitions and divestments, Financial services industry, Financial services
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