Blog > Archive by tag 'acquisitions'
“In the next 12 months there will be an unprecedented amount of both domestic and cross-border mergers and acquisitions. U.S. reserves are undervalued relative to those in the rest of the world.” — Wilbur Ross, International Coal Group chairman
by Jason Simpkins
Baltimore — (TFN): The recent buyout of Alpha Natural Resources Inc. (ANR) by Cleveland [...]
Tags: 1088, acquisitions, alpha natural resources, anr, btu, china, cleveland cliffs, clf, coal, Hong Kong, jason simpkinsico, M&A, mergers, peabody, shenhua energy
Baltimore — (TFN): Brisbane-based growth hormone company Tercica, Inc. (TRCA:NASDAQ) will be acquired by French drugmaker Ipsen SA in a stock deal valued at more than $400 million. Ipsen had an option to buy up to 40% of Tercica through to a 2006 deal. It will buy the remaining 44.9 million outstanding shares [...]
"Commodities, which have surged with the help of the freshly minted Chinese economy, are reaching the end of their boom as the larger mining companies start squabbling over their smaller competitors." — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): British coal miner New Hope Corporation and multinational commodities corporation Xstrata are wrestling over Australian colliery Resource [...]
Today’sFinancialNews.com
Baltimore — (TFN): Last week, mining magnate BHP Billiton cheerfully submitted a takeover offer for Rio Tinto worth $174 billion. Rio Tinto rejected the offer.
It doesn’t matter that BHP’s offer constituted a 25% premium to Rio Tinto’s price at the time. And apparently it doesn’t matter that BHP offered an additional [...]
Tags: acquisitions, BHP Billiton, Commodities, finance, Financial, john Stepek, M&A, Merger, Moneyweek, news, resources, Rio Tinto
“Merger talks between BHP Billiton and Rio Tinto could signal the end of the commodities boom, say some analysts. If you believe that I’ve got the deed to the Brooklyn Bridge up on eBay. Care to put in a bid?” — Sara Nunnally
by Sara Nunnally, Today’sFinancialNews.com
Wednesday, November 14, 2007
Baltimore — (TFN): BHP Billiton cheerfully submitted [...]
Tags: acquisitions, BHP Billiton, Commodities, finance, Financial, john Stepek, M&A, Merger, Moneyweek, news, resources, Rio Tinto
“If BHP did indeed buy out Rio Tinto, the resulting company would control 36% of the seaborne iron ore market and it would hold a third of the global coal market (mostly the third that’s not powering China at the moment). And if nothing else, a company with a controlling stake in two of its [...]
Tags: acquisitions, BHP Billiton, Commodities, finance, Financial, john Stepek, M&A, Merger, Moneyweek, news, resources, Rio Tinto