Takeover

Alpha Lithium Files Directors’ Circular Recommending Shareholders Reject Tecpetrol’s Hostile Stink Bid

Retrieved on: 
Friday, June 23, 2023
Lithium, Hostility, Credit Suisse, LLP, Indian stock exchange, PI, NOT, Public affairs, McMillan, German, Committee, Dragon, Special, Dragon (magazine), Salar del Hombre Muerto, Research, Materiality, Language, Person, Sale, Judgement, Government, Circular, McMillan LLP, Takeover, NO, Sales process engineering, Longview Community Church, Risk, OTC, SEDAR, Philippine House Special Committee on Peace, Reconciliation and Unity, Letter, NEO, Sales, Management, Security (finance), Life insurance, Alpha

VANCOUVER, British Columbia, June 23, 2023 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha” or the “Company”) today announced that the Board of Directors of Alpha (the “Board”), based on the unanimous recommendation of the Special Committee of independent directors, recommends that Alpha shareholders REJECT the hostile offer (the “Hostile Offer”) from TechEnergy Lithium Canada Inc., a recently formed subsidiary of Tecpetrol Investments S.L. (“Tecpetrol”), for the common shares of Alpha (“Common Shares”). The Board unanimously determined that Tecpetrol’s Hostile Offer is not in the best interests of the Company or its shareholders.

Key Points: 
  • The Board unanimously determined that Tecpetrol’s Hostile Offer is not in the best interests of the Company or its shareholders.
  • The Board provides some context and several reasons to REJECT the inadequate and undervalued Hostile Offer in a Directors’ Circular (the “Circular”) filed today on SEDAR at www.sedar.com and available at www.ProtectAlphaLithium.com.
  • Shareholders are encouraged to visit the Company’s website for up-to-date information relating to the Hostile Bid.
  • For the reasons fully described in our Directors’ Circular, Alpha recommends that shareholders REJECT the undervalued and opportunistic Hostile Offer.

Kuaishou Technology Announces HK$4 billion Share Repurchase Program

Retrieved on: 
Monday, May 22, 2023
Private law, Shareholder, Share repurchase, United Kingdom company law, Stock exchange, AGM, International Association of Skateboard Companies, Cayman Islands, Mergers and acquisitions, Takeover, Property management, Security (finance)

This repurchase program will be in effect from the date of this announcement until the conclusion of the annual general meeting to be held in 2024 (the "2024 AGM").

Key Points: 
  • This repurchase program will be in effect from the date of this announcement until the conclusion of the annual general meeting to be held in 2024 (the "2024 AGM").
  • The Company also proposed an ordinary resolution at the forthcoming annual general meeting to be held on June 16, 2023 to grant the Board a new general and unconditional mandate to repurchase Shares not exceeding 10% of the total number of the issued Shares as at June 16, 2023 (the "2023 Share Repurchase Mandate" and, if so approved by the Shareholders, together with the 2022 Share Repurchase Mandate, the "Share Repurchase Mandate").
  • The Board believes that the current financial resources of the Company would enable it to implement the share repurchase while maintaining a solid financial position.
  • Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

Superdry plc: IOE-Issue of Equity

Retrieved on: 
Tuesday, May 2, 2023
ACT, COMMUNICATION, AS, FOR, Financial Conduct Authority, Issue, Place, Investment, Risk, REX, EEA, FINANCIAL, London Stock Exchange, OR, AND, Mass meeting, FSMA, Annual general meeting, SELL, Admission, NOT, European Union (Withdrawal) Act 2018, THIS, Main–Market Historic District, Telephone numbers in Hungary, FCA, AFRICA, Official List, MAR, Prospectus, ANY, AN, Takeover, Security (finance), Financial adviser, NEW ZEALAND

The price of the REX Retail Offer Shares is equal to the Placing Price.

Key Points: 
  • The price of the REX Retail Offer Shares is equal to the Placing Price.
  • For the avoidance of doubt, the REX Retail Offer is not part of the Placing.
  • Julian Dunkerton (Superdry’s Founder and Chief Executive Officer) has agreed to underwrite the Equity Raise in its entirety at the Placing Price.
  • The Company is, however, launching the Equity Raise to facilitate broader participation in the Equity Raise from its shareholder base and other institutional investors.

Fujitsu: Takeover offer for GK Software successful

Retrieved on: 
Tuesday, April 25, 2023
United Nations, GK, Takeover, Software, Business analyst, Sustainable Development Goals, EUR, Fujitsu, United, ISIN, Sustainable Development Goals and Australia, GK Software, Completion

- Completion of the Takeover offer expected by no later than May 25, 2023.

Key Points: 
  • - Completion of the Takeover offer expected by no later than May 25, 2023.
  • TOKYO, Apr 25, 2023 - (JCN Newswire) - Fujitsu ND Solutions AG ("ND Solutions"), a direct wholly-owned subsidiary of Fujitsu Limited ("Fujitsu") announces the success of its public takeover offer for GK Software.
  • Shareholders must submit a declaration of acceptance to their custodian bank for the takeover offer by ND Solutions and instruct their custodian bank to affect the booking of their GK Software shares, for which they wish to accept the offer, into the ISIN DE000A2GSYK2.
  • The management board and supervisory board of GK Software support in their joint reasoned statement the takeover offer as in the best interest of GK Software, its shareholders, employees and other stakeholders.

EQS-News: Silver Lake to launch public takeover offer for Software AG supported by Software AG Foundation

Retrieved on: 
Friday, April 21, 2023
Financial Oversight and Management Board for Puerto Rico, Software as a service, Partnership, PJT Partners, Supervisory board, Takeover, Kirkland & Ellis, Silver, Physikalisch-Technische Bundesanstalt, Federal Financial Supervisory Authority, EUR, Acquisition, Investment, VWAP, ISIN, Software AG, SE, J. P. Morgan, Judgement of the German Federal Court of Justice on Google's autocomplete function, Security (finance), Property management, Holding company, Cryptocurrency, Software, Bloomberg

Silver Lake has today also entered into a share purchase agreement with Software AG - Stiftung (“Foundation”) to acquire a stake of 25.1% of all outstanding Software AG shares from the Foundation.

Key Points: 
  • Silver Lake has today also entered into a share purchase agreement with Software AG - Stiftung (“Foundation”) to acquire a stake of 25.1% of all outstanding Software AG shares from the Foundation.
  • The Takeover Offer will be made at a price of EUR 30.00 per Software AG share in cash (“Offer Price”).
  • 25.1% of Software AG shares that Silver Lake will acquire from the Foundation under the share purchase agreement.
  • Dr. h. c. Peter Schnell, CEO of the Foundation and Founder and former CEO of Software AG, said: “We welcome the proposed acquisition of Software AG by Silver Lake.

Liberty Global plc’s subsidiary, Liberty Global Belgium Holding B.V., intends to launch a voluntary and conditional public takeover bid for Telenet Group Holding NV

Retrieved on: 
Tuesday, March 21, 2023
Technology, VoIP, Mobile, Wireless, Telecommunications, 5G, Internet, Treasury, Communication, Virgin Media, Liberty Global, Vii, Virgin Media Ireland, FSMA, Liberty, TelevisaUnivision, ITV, Decree, Sunrise UPC, Virgin Media O2, COVID-19, Disclosure, UPC, Judgement, JV, Publishing, Financial Services and Markets Authority (Belgium), File, Bit, Article, Takeover, Form 10-K, Intend, Public expenditure, EUR, VodafoneZiggo, Formula, United Kingdom, Weather, Security (finance), Life insurance, Holding company, Cryptocurrency, Sunrise, Rule, Telenet

Liberty Global Belgium Holding announces today that it is intending to launch a voluntary and conditional public takeover bid for all the shares of Telenet Group Holding NV (Telenet) that Liberty Global Belgium Holding does not already own or that are not held by Telenet (the Intended Offer).

Key Points: 
  • Liberty Global Belgium Holding announces today that it is intending to launch a voluntary and conditional public takeover bid for all the shares of Telenet Group Holding NV (Telenet) that Liberty Global Belgium Holding does not already own or that are not held by Telenet (the Intended Offer).
  • Liberty Global Belgium Holding has been the controlling shareholder in Telenet since February 2007 and currently owns 59.18% of Telenet’s outstanding issued share capital.
  • If Liberty Global Belgium Holding decides to formally launch a voluntary and conditional public takeover bid, it will deposit a file for this purpose (including a draft prospectus) with the FSMA.
  • If Liberty Global Belgium Holding renounces its intention to launch an offer, it will immediately communicate this in accordance with the applicable rules.

EQS-News: EQT Private Equity secures 85.75 percent of all issued shares in takeover offer for va-Q-tec

Retrieved on: 
Saturday, March 11, 2023
Takeover, PJSC, Private, Mubadala Investment Company, Bidding, EQT, Real estate

THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT FOR PUBLICATION, DISPATCH, DISTRIBUTION OR OTHER DISSEMINATION (IN WHOLE OR IN PART) IN COUNTRIES WHERE THIS WOULD BE ILLEGAL.

Key Points: 
  • THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT FOR PUBLICATION, DISPATCH, DISTRIBUTION OR OTHER DISSEMINATION (IN WHOLE OR IN PART) IN COUNTRIES WHERE THIS WOULD BE ILLEGAL.
  • Frankfurt, 10 March 2023 – Fahrenheit AcquiCo GmbH (the “Bidder”), a holding company controlled by the EQT X fund (“EQT Private Equity”), supported by co-investors Mubadala Investment Company PJSC (“Mubadala”) and the Sixth Cinven Fund (“Cinven”), has secured 85.75 percent of all issued shares of va-Q-tec AG (“va-Q-tec”; ISIN: DE0006636681) in its voluntary public takeover for va-Q-tec (the “Takeover Offer”), including the shares held by va-Q-tec’s founding families.
  • Closing of the Takeover Offer, which remains subject to receipt of the requisite merger control clearances, is currently expected to occur by Q2 2023.
  • Following closing of the Takeover Offer, the Bidder intends to enter into a domination and profit and loss transfer agreement with va-Q-tec and to pursue a delisting of the company.

EQS-News: va-Q-tec announces acceptance rate for EQT Private Equity’s takeover offer after end of the additional acceptance period

Retrieved on: 
Saturday, March 11, 2023
Takeover, Supervisory board, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Security (finance)

Würzburg, 10 March 2023 va-Q-tec AG (“va-Q-tec”), a pioneer of highly efficient products and solutions in the area of thermal insulation (so-called super thermal insulation) and temperature-controlled supply chains (so-called “TempChain” logistics), announces the acceptance rate during the additional acceptance period for the voluntary public takeover offer (“Takeover Offer”) by Fahrenheit AcquiCo GmbH (“Bidder”), a company controlled by EQT Private Equity and supported by co-investors Mubadala Investment Company PJSC and the Sixth Cinven Fund.

Key Points: 
  • Würzburg, 10 March 2023 va-Q-tec AG (“va-Q-tec”), a pioneer of highly efficient products and solutions in the area of thermal insulation (so-called super thermal insulation) and temperature-controlled supply chains (so-called “TempChain” logistics), announces the acceptance rate during the additional acceptance period for the voluntary public takeover offer (“Takeover Offer”) by Fahrenheit AcquiCo GmbH (“Bidder”), a company controlled by EQT Private Equity and supported by co-investors Mubadala Investment Company PJSC and the Sixth Cinven Fund.
  • After the end of the additional acceptance period on 7 March 2023, the acceptance rate amounts to 85.75% of all va-Q-tec shares currently issued, including the shares held by va-Q-tec’s founding families.
  • Subject to the necessary merger control clearances, the Takeover Offer is expected to be completed by no later than in the second quarter of 2023.
  • This press release does not constitute a statement or supplement to the statement of the Management Board or the Supervisory Board in relation to the Takeover Offer.

EQS-News: EQT Private Equity exceeds minimum acceptance threshold in takeover offer for va-Q-tec

Retrieved on: 
Wednesday, February 22, 2023
Milbank, Bidding, Investment, EQT, Business analyst, USP, Research and development, Acquisition, PJSC, News, Workforce, Mubadala Investment Company, EUR, CET, Private, Takeover, Partnership, Growth, Fine chemical, Cryptocurrency, Airline, Research

Shareholders of va-Q-tec that have not yet accepted the Takeover Offer can tender their shares during the additional acceptance period for EUR 26.00 per share in cash.

Key Points: 
  • Shareholders of va-Q-tec that have not yet accepted the Takeover Offer can tender their shares during the additional acceptance period for EUR 26.00 per share in cash.
  • The additional acceptance period is expected to commence on 22 February 2023 and end at midnight (CET) on 7 March 2023.
  • Having reached the minimum acceptance threshold, EQT Private Equity and the co-investors look forward to strategically enabling va-Q-tec to realize its full potential.
  • EQT Private Equity is supported by UBS Europe SE as its sole financial advisor and by Milbank as legal advisor.

EQS-News: va-Q-tec: Shareholders pave way for strategic partnership with EQT Private Equity and support takeover offer

Retrieved on: 
Wednesday, February 22, 2023
Investment, Bidding, EQT, Financial Oversight and Management Board for Puerto Rico, Supervisory board, News, Workforce, EUR, CET, ISIN, Takeover, Growth, Security (finance), Cryptocurrency

Taking into account the va-Q-tec shares held by the founding families, the Bidder has already secured more than 70 % of all issued shares in the Company.

Key Points: 
  • Taking into account the va-Q-tec shares held by the founding families, the Bidder has already secured more than 70 % of all issued shares in the Company.
  • In EQT we gain a financially strong and entrepreneurial partner which shares our vision and supports the company’s long-term development and growth.
  • Subject to the requisite merger control clearances, the Takeover Offer is expected to be completed not later than in the second quarter of 2023.
  • The Bidder’s offer document is solely binding for the Offer itself.