Takeover Bids
On 26 September 2007, Coca-Cola Amatil announced it was making a conditional takeover bid for 100% of the companies shares.
On 6 October 2008, Heinz launched a Golden Circle takeover bid. Phillip Cave advised that the take over bid of $1.65 per share ($288 million in total) was "attractive" for all shareholders, particularly given the current difficult economic conditions.
The Heinz takeover bid was finalised successfully on 19 December 2008.
Read more about this topic: Golden Circle (company)
Famous quotes containing the words takeover and/or bids:
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