1. Takeover Bid

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    2. Bidding War for Just Eat Heats Up

      Bidding War for Just Eat Heats Up
      The bidding war for Just Eat has become increasingly acrimonious after activist investor Cat Rock Capital on Monday launched a scathing attack on Prosus, accusing it of undermining the sale of the U.K. online food-delivery company. Prosus, the Dutch-listed vehicle owned by South African tech conglomerate Naspers, last week made a 4.9 billion hostile cash bid for Just Eat JE, +0.40% in an attempt to gatecrash its ...
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    3. Catalyst Offers to Buy Hudson’s Bay Shares to Block Takeover Bid

      Catalyst Offers to Buy Hudson’s Bay Shares to Block Takeover Bid
      Private equity firm Catalyst Capital Group Inc. is offering to purchase up to $150 million (US$114 million) worth of shares of Hudsons Bay Co. ( HBC.TO ) as it builds a stake in the Canadian retailer in an effort to thwart a proposed takeover of the company. The Toronto-based firm said in a statement Monday it was was prepared to pay $10.11 per share in cash for up to ...
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