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UPDATE 2-MAN chairman Piech pushes Scania trucks alliance
1 Apr 2010 source: iii.co.uk

MUNICH, April 1 (Reuters) - Automotive empire builder Ferdinand Piech renewed his push for a three-way trucks alliance by MAN, Scania and Volkswagen, calling for quick action after a years-long standoff. Piech, who is chairman of both MAN and VW, laid down the law at MAN's annual meeting on Thursday, slapping down MAN's chief executive who only moments before had played down the prospects  ...


FTSE in-depth: General Atlantic hit by Intec fall
1 Apr 2010 source: thisismoney.co.uk

Geoff Foster, Daily Mail1 April 2010, 8:39am It's all about timing. American private equity firm General Atlantic sold more than half (40m shares) of its 23.9% shareholding in Intec Telecom Systems at 105p a share in December 2009, and now must wish it had dumped the lot. Geoff Foster: FTSE ended the first-quarter with an impressive gain of more than 5%. WANT TO KNOW MORE? Newspaper and magazine share tips Midas: New trusts put boom FTSE LATEST 5718.3338.69 docume ...


GLOBAL MARKETS-Asian stocks hit 11-wk high; technology leads
1 Apr 2010 source: iii.co.uk

By Umesh Desai HONG KONG, April 1 (Reuters) - Asian stocks rose to an 11-week high on Thursday as China's manufacturing industry picked up and foreign buying boosted the technology-heavy markets of Taiwan and South Korea. The Nikkei average rose to a new 18-month closing high half with the yen's recent downtrend boosting exporters. Traders predicted more gains for the benchmark in the new ...


Deripaska may return to Norilsk board-report
1 Apr 2010 source: iii.co.uk

MOSCOW, April 1 (Reuters) - Oleg Deripaska, Russian billionaire and major shareholder of UC RUSAL , may return to the board of Russian metals giant Norilsk Nickel, the business daily Vedomosti reported. RUSAL's press office declined to comment. The move would run counter to earlier agreements that the beneficial owners of the two companies are not to become members of the board.  ...


UPDATE 1-Lihir Gold rejects $8.5 bln Newcrest takeover off
31 Mar 2010 source: iii.co.uk

SYDNEY, April 1 (Reuters) - Australian gold miner Lihir Gold said on Thursday it has rejected a A$9.2 billion ($8.45 billion) takeover offer from rival Newcrest Mining, saying the offer was low. The offer, which is equal to A$3.87 a share, represented a 28 percent premium to Lihir Gold's closing price on Wednesday. "It did not include a sufficient premium for control," L ...


UPDATE 1-Lihir Gold rejects $8.5 bln Newcrest takeover offer
31 Mar 2010 source: iii.co.uk

SYDNEY, April 1 (Reuters) - Australian gold miner Lihir Gold said on Thursday it has rejected a A$9.2 billion ($8.45 billion) takeover offer from rival Newcrest Mining, saying the offer was low. The offer, which is equal to A$3.87 a share, represented a 28 percent premium to Lihir Gold's closing price on Wednesday. "It did not include a sufficient premium for control," L ...


FTSE In-depth: Equity vultures circle Connaught
31 Mar 2010 source: thisismoney.co.uk

Geoff Foster, Daily Mail30 March 2010, 11:06pm The mutter from the gutter has suggested that cash-rich private equity buyers have been hovering above vulnerable Connaught. Geoff Foster: Buyers have been hovering above Connaught WANT TO KNOW MORE? Newspaper and magazine share tips FTSE preview: Shares to follow US higher FTSE LATEST 5691.2318.91 document.write(""); document.write(""); document.write(""); £12.50 SHARE DEALING • Buy and sell shares on ...


FTSE close: Amec, Punch Taverns up
30 Mar 2010 source: thisismoney.co.uk

This is Money30 March 2010, 5:17pm 17.15 (close) WANT TO KNOW MORE? Midas: New trusts put boom states in investors' reach Sunday newspaper share tips FTSE LATEST 5672.32-38.34 document.write(""); document.write(""); document.write(""); £12.50 SHARE DEALING • Buy and sell shares online or by phone for £12.50 (£20 for certificates) TALK ABOUT SHARES Join the lively debates on shares: Today's hot stocks London's leading share index fe ...


UPDATE 1-Talbots again extends exchange offer; by 24 hrs
30 Mar 2010 source: iii.co.uk

NEW YORK, March 30 (Reuters) - Talbots Inc again extended its exchange offer by 24 hours as the women's apparel retailer sought to complete a merger that would allow it to significantly reduce debt. Talbots' offer -- to exchange outstanding warrants from BPW Acquisition Corp, a special purpose acquisition company it is acquiring, for Talbots shares or warrants to buy Talbots shares -- had  ...


UPDATE 1-UAE exchanges in merger talks-Dubai bourse head
30 Mar 2010 source: iii.co.uk

By Matt Smith DUBAI, March 30 (Reuters) - The owners of Dubai Financial Market and the Abu Dhabi Securities Exchange have held merger talks, the DFM head said on Tuesday, as dwindling volumes and shrinking profits intensify consolidation pressure. "It is in the interest of everybody to consolidate," DFM executive chairman Essa Kazim told reporters. "There have been discussi ...


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