Hillsdown accepts offer by Candover worth 815 million euros

Article Abstract:

Hillsdown Holdings PLC has accepted Candover Investments' takeover bid of 530 milllion pound sterling (815.1 million euros). Candover is a venture-capital firm based in Great Britain. The bid, supported by Candover, was made by Firstmark Products Ltd. The 145-pence-per-share bid defeated Hicks, Muse Tate & Furst Inc.'s 141 pence per share offer. Hicks is believed to be readying a higher offer.

Comment:

Hillsdown Holdings accepts Candover Investments' takeover bid of 530 milllion pound sterling (815.1 million euros)

United Kingdom, Asset sales & divestitures, Acquisitions & mergers, Investment Companies, Open-End Investment Funds, Canned, Dried & Frozen Foods, Fruit and Vegetable Preserving and Specialty Food Manufacturing, Mergers, acquisitions and divestments, Food industry, Food, Abstract, Candover Investments PLC, Hillsdown Holdings PLC

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EU probe of Japan flights turns focus to Air France

Article Abstract:

European Union authorities continue their investigation into international airlines' alleged price-fixing in air traffic between Europe and Japan. Air France announces it's been questioned by regulators.

Europe, Legal issues & crime, Scheduled Air Transportation, Intnl & Territorial Air Service, Air Transportation, Scheduled, And Air Courier Services, Intnl Air Passenger Svc, Scheduled Passenger Air Transportation, Air courier services, Company legal issue, Investigations, European Union. European Commission, KLM Royal Dutch Airlines, International airlines, Deutsche Lufthansa AG, Price fixing, Air France S.A.

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