takeover bid News

Banco BPM Rejects UniCredit's $14.8 Billion Takeover Bid as 'Inadequate'

Banco BPM has rejected UniCredit's $14.8 billion merger proposal, deeming it inadequate for its investors. Chairman Massimo Tononi cited unfulfilled conditions as a major concern. ...

OpenAI Strikes Back: Counter-Lawsuit Against Elon Musk Over Control Dispute

OpenAI Inc. is counter-suing Elon Musk over alleged bad-faith tactics, accusing him of trying to control the company for personal gain. The legal battle highlights years of tension...

Maersk's Largest Shareholder APMH Launches a Bold $1.3 Billion Takeover Bid for Svitzer

AP Moller Holding, Maersk's largest shareholder, has proposed a $1.3 billion acquisition of Svitzer, aiming to take full control of the tugboat operator. This strategic move highli...