Takeover

Alcan pounces for Pechiney

Alcan pounces for Pechiney

Alcan has announced plans to launch a hostile tender offer for
Pechiney in order to solidify its position as one of the world's
largest aluminium and packaging companies. The completion of the
transaction is expected to create...

Burns posts strong earnings

Burns posts strong earnings

Australian yeast and ingredients group Burns Philp, currently in
the midst of a hostile takeover bid for food company Goodman
Fielder, today reported a 40.3 per cent increase in net profit to
A$95.1 million (€51.8m) for the fiscal...

FIRB supports Burns Philp

FIRB supports Burns Philp

It would appear that the bid from Australian ingredients and yeast
company Burns, Philp & Co for Goodman Fielder is far from over
with the company saying on Wednesday that it had received approval
from the Foreign Investment Review...

Goodman spurns Burns

Goodman spurns Burns

Goodman Fielder, Australia's largest food company, has today
rejected a hostile bid by international yeast and ingredients
company Burns Philp. Goodman Fielder advised its shareholders to
spurn the bid because "the offer...