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TORONTO/HONG KONG (Reuters) – Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada’s Potash Corp to rival BHP Billiton’s $39 billion hostile offer.
LOS ANGELES (Reuters) – Burger King Holdings Inc agreed to sell itself to investment firm 3G Capital for $3.26 billion, giving the No. 2 U.S. fast-food chain breathing room to fix its business and close the gap with leader McDonald’s Corp.
NEW YORK/BANGALORE (Reuters) – Car rental company Avis Budget Group Inc raised its bid for Dollar Thrifty Automotive Group 3 percent to $1.36 billion, as it looks to wrest the company from rival Hertz Global Holdings.
NEW YORK (Reuters) – Billionaire investor Ron Burkle plans to appeal a Delaware court ruling that upheld an anti-takeover “poison pill” put in place by bookseller Barnes & Noble Inc .
NEW YORK (Reuters) – Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion, as rival Dell Inc bowed out on Thursday.
LOS ANGELES/NEW YORK (Reuters) – Burger King Holdings Inc , the No. 2 U.S. fast-food chain, agreed to sell itself to investment firm 3G Capital for about $3.26 billion in a deal analysts said would give the restaurant breathing room to fix its business.
NEW YORK (Reuters) – Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion, after rival Dell Inc bowed out from a drawn-out bidding war on Thursday.
TOKYO (Reuters) – Asian stocks rose to a two-week high, with Japan’s Nikkei briefly rising more than 2 percent, as strong U.S. manufacturing data further soothed worries about the global economy.
(adds details on total number of bids, second-round
bidding)
MELBOURNE/HONG KONG (Reuters) – China is stepping up attempts to hamper BHP Billiton’s $39 billion hostile offer for Potash Corp, amid worries about future supplies of fertilizer it needs to rapidly boost food production.
NEW YORK/LOS ANGELES (Reuters) – Burger King Holdings Inc is in advanced talks to sell itself to investment firm 3G Capital, The New York Times reported on Wednesday, boosting shares 15 percent.
* In advanced talks with investment firm 3G Capital-source
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