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January 19, 2021

Takeover

Office Depot rejects takeover offer from rival Staples, WSJ reports

CNBC
CNBC – For more and to sign up click here Office Depot has rejected another takeover attempt by office supply rival Staples, according to a Wall Street Journal report. The parent company of Office Depot, ODP, however, has indicated it’s open to selling its retail and consumer-facing e-commerce operations to......

After receiving letter of intent, Suez says open to begin talks on Veolia takeover

Reuters
FILE PHOTO: A flag with the logo of Suez is seen on a barge in Paris, France, September 3, 2020. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – Suez said on Sunday it had received a letter of intent from Ardian and GIP (Global Infrastructure Partners), which would help to find a......

Canada’s Couche-Tard drops Carrefour takeover plan, companies say

Reuters
Jan 16 (Reuters) – Canada’s Alimentation Couche-Tard and European retailer Carrefour SA, have decided to extend their discussions to examine opportunities for operational partnerships, after Couche-Tard dropped its bid to acquire Carrefour, the two companies said in a joint statement on Saturday. (Reporting by Ann Maria Shibu in Bengaluru Editing......

Foreign takeover of Carrefour a ‘major difficulty’ for govt, says Le Maire

Reuters
FILE PHOTO: Bruno Le Maire, French Minister of the Economy, Finance, and Recovery, wearing a protective face mask, leaves following the weekly cabinet meeting at the Elysee Palace in Paris, France, October 21, 2020. REUTERS/Gonzalo Fuentes PARIS (Reuters) – French Finance Minister Bruno Le Maire said a foreign company purchasing......

Visa abandons takeover of Plaid after DOJ raises antitrust concerns

CNBC
CNBC – For more and to sign up click here Visa CEO Alfred Kelly speaks at Boston College’s Chief Executive Club luncheon, September 27, 2018.  Brian Snyder | Reuters Visa has ended its takeover efforts of Silicon Valley start-up Plaid about two months after the Department of Justice filed an......

Ex-U.S. Capitol Police chief says he would ‘deserve to be fired’ for Capitol takeover

CNBC
CNBC – For more and to sign up click here Former U.S. Capitol Police Chief Terrance Gainer told CNBC he expects someone to be held accountable after the law enforcement agency failed to secure the premises, allowing armed rioters to breach the building on Wednesday to disrupt certification of the......

Elliott, Aryzta confirm takeover talks

FoodBusinessNews
LONDON — Elliott Advisors (UK) Ltd., an affiliate of Elliott Management Corp., on Nov. 23 confirmed that it made an offer to acquire all of the outstanding shares of Schlieren, Switzerland-based Aryzta AG for 0.80 Swiss francs per share (88¢ per share), or approximately 794 million Swiss francs ($872 million).......

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