Unilever offer is not enough according to Aberdeen Asset Management. According to Aberdeen Asset Management Plc, the offer made by Unilever Plc to pay 600 rupees per share of Hindustan Unilever Ltd is not high enough to move many of existing stockholders to sell their shares.
Regions
Blackrock owns 2.841% of Generali
Generali has confirmed the ownership shares of Blackrock at 2.841%. The globe's largest money manager, Blackrock has been confirmed by the Generali chairman as to own 2.
Surgut's Cash Pile Found Amidst Conflicting Financial Signs
Surgutneftgas announces US$29 billion cash pile amidst a tangled web of financial reporting information.
Unicredit to Lessen Debt through Senior Bond Buyback
Unicredit seeks to buy back Eur4.24 billion to lessen debt in the next five years. Unicredit has purchased senior notes worth Eur4. 24 billion or US$5.
Generali Reconfirms Sale of BSI and Generali USA
Generali reiterates sale of BSI and Generali USA to shore up capital reserves for Generali CEO Mario Greco.
Latest News
Spansion pays US$110 million for the microcontroller unit of Fujitsu Electronics. Spansion Inc, a manufacturer of flash memory systems for electronic gadgets, has agreed to purchase the microcontroller operations of Fujitsu Ltd for US$110 million.
Barclays is seeking to find more deals in Turkey. Barclays Plc, the third highest adviser for US stock offerings in 2013, is looking for more deals in Turkey after it had helped airline Pegasus Hava Tasimaciliigi AS during its IPO last year.
Softbank will not modify the terms of its offer according to billionaire founder Masayoshi Son. In a statement, Softbank Corp said that its offer for 70% of Sprint Nextel Corp at US$20.
Best Buy, in a cost cutting move, has dissolved the partnership with Carphone Warehouse Group. The GBP 500 million or the US$775 million sale is an indicator that Best Buy, the world's biggest consumer electronics chain would be scaling back its operations overseas to focus on US business.
CMI pays US$500 million for assets in El Salvador, Guatamela, Nicaragua and Panama. Telefonica of Spain has entered into an agreement to sell off 40% of its assets in four different countries in Central America to Corporacion Multi Inversiones (CMI).
Unilever offers 600 rupees per share of Hindustan Unilever shares. Consumer goods conglomerate, Unilever Plc, has tendered an offer to pay as much as US$5.
The British government's ownership sale over Lloyds Bank is now being awaited when shares hit 61 pence or more.
Langham Hospitality to offer IPO in Hong Kong. Langham Hospitality Investments, a trust fund supported by Great Eagle Holdings Ltd hotels, is projecting revenues as high as US$700 million when it undertakes its initial public offering in Hong Kong.
Equiduct Systems gets new capital infusion from new investors. Equiduct Systems had obtained capital infusion from new investors such as BNP Paribas SA and Winterflood Securities.
