Financial News

LONDON (Reuters) - Shares in the London Stock Exchange (LSE.L: Quote, Profile, Research) are expected to rally on Monday following a 2.4 billion pound proposal from the Nasdaq Stock Market (NDAQ.O: Quote, Profile, Research) after the close of trading on Friday. Although Europe's biggest stock market rejected the 950-pence-a-share cash approach as too low, the U.S. number-two stock exchange could improve its proposal or a rival suitor such as the New York Stock Exchange (NYX.N: Quote, Profile, ...

SAN FRANCISCO (Dow Jones) -- German drug maker Merck KGaA has made a takeover bid for rival Schering AG in a deal worth about $17.4 billion, Schering said Sunday. Berlin-based Scheringsaid that Merck KGaAintends to make an all-cash offer of 77 euro per share ($91.78). Schering shares closed Friday trading at 66.86 euros. Schering's executive board believes the bid "significantly undervalues" th ...

Jeff Prestridge, Mail on Sunday12 March 2006 FOR the past 30 years, Karen McCormick has enjoyed a successful career at the top of a string of blue-chip companies, including Sainsbury's and Great Universal Stores. WANT TO KNOW MORE? DEAL FINDER: Savings accounts DEAL FINDER: Current accounts OTHER STORIES £100bn Vodafone takeover bid Ex-Severn bosses face fraud questions Market  ...

Lisa Buckingham and Simon Fluendy, Mail on Sunday12 March 2006 AN audacious £100bn takeover bid for troubled Vodafone is being weighed up by specialist venture capital groups. AUDACIOUS: Vodafone has been targeted in a £100bn takeover bid WANT TO KNOW MORE? MARKET DATA: Vodafone shares FREE ANNUAL REPORT: Order online OTHER STORIES Stamp duty cut 'was a sham' Market report: Friday close Older people struggle to save £10m fraud at Cheshire Building  ...