Parties before SAMR typically await stamped approval document Judge wants to determine parties’ understanding of ‘approval’ Delaware typically takes literal approach to interpreting contracts Acacia Communications’ [NASDAQ:ACIA] dispute with Cisco Systems [NASDAQ:CSCO] over whether Acacia can terminate
Meredith [NYSE:MDP] took initial bids for a group of its broadcast television stations at the close of 2020, including expansive offers that could lead to a deal for its entire station portfolio, two sources familiar with the matter said. This news service previously reported on 2 December, 2020 that the Des Moines, Iowa-based television broadcasting
GrandVision [AMS:GVNV] and EssilorLuxottica [EPA:EL] are working on finding an agreement to close their proposed tie-up, according to two sources familiar with the situation. The intention is for the deal to go ahead, said the sources. These discussions are taking place in parallel to the ongoing litigation process in Amsterdam,
Arkema's sale process for its polymethyl methacrylate (PMMA) business Altuglas International appears to be fluid with bidders working off different timelines, sources familiar with the situation said. The sale process is in the midst of a second round with most suitors – primarily financial sponsors – conducting due diligence off an
Third parties have until late next week to provide feedback to the European Commission (EC) on the remedies offered by London Stock Exchange Group for its proposed acquisition of Refinitiv, according to two third-party sources. Market testing has kicked off on the remedies which were filed with the EC yesterday (5 November), extending the
French energy giant Engie is holding conversations with potential advisors as it looks to embark on the long road to carving a New Solutions division, three sources familiar with the matter said. The company has not sent out requests for proposals but is in discussions with a number of parties, one of them added. Engie first announced
The Aermont Capital-led group of activist investors opposed to Unibail-Rodamco-Westfield’s proposed EUR 3.5bn rights issue would not settle for a smaller issuance, according to a source close to the situation. URW, a developer and operator of commercial real estate, announced on 17 September that it intends to issue EUR 3.5bn in new shares,
William Hill [LON:WMH] spoke to suitors besides Caesars Entertainment [NASDAQ:CZR] and Apollo Global Management [NYSE:APO] before agreeing a deal with the US gaming group, a source close to the situation and a source familiar said. William Hill’s board announced Wednesday (30 September) that it had agreed to a 272p/share sale to Caesars.
Osram minority investors could expect compensation to reach a “minimum of EUR 60-70 per share” if they are willing to challenge the Domination and Profit and Loss Transfer Agreement (DPLTA) compensation announced yesterday (22 September) by ams, according to Peter Dreier of Dreier Riedel Attorneys at Law. Dreier, who is representing an unspecified
Dutch geo-intelligence and asset integrity specialist Fugro [AMS:FUR] and KKR-backed subsea surface and equipment player Acteon have engaged in tie-up discussions, two sources familiar with the matter said. KKR, which has tapped RBC as its adviser, is seeking a liquid platform from which to realise its investment in UK-based Acteon, while