France-based consulting, IT services and digital transformation specialist Capgemini (Euronext Paris: CAP) and engineering and R and D services provider Altran Technologies (Euronext Paris: ALT) have entered into an agreement for exclusive negotiations whereby Capgemini is to acquire Altran, through a friendly takeover
bid at EUR 14.00 per Altran share, payable in cash, the companies said.
It was the largest ever friendly takeover
of a U.S.
Nevsun Resources announced that it has been advised by Zijin Mining Group that Zijin has completed the Chinese State Administration of Foreign Exchange, or SAFE, registration and received the Canadian Investment Canada Act, or ICA, approval for Zijin's proposed friendly takeover
bid of Nevsun.
is strengthening its supply chain for California concrete customers through a friendly takeover
of Toronto Stock Exchange-traded Polaris Materials Corp.
French oil company Total SA filed a tender of a friendly takeover
of battery maker Saft Groupe SA with the French Financial Markets Authority (AMF), the two companies announced in a joint statement Monday.
Kinross acquired the Fruta del Norte project in September 2008 when it acquired Aurelian Resources in a friendly takeover
valued at $1.2 billion.
Siemens has agreed a deal value at $7.6bn to acquire Dresser-Rand by way of a friendly takeover
Brian Roberts, Comcast chairman and CEO, said the friendly takeover
will create "synergies" that will allow the company to save $1.5 billion per year and "deliver the most innovative products and services and a superior customer experience."
The friendly takeover
comes as a surprise after months of public pursuit of Time Warner Cable by smaller rival Charter Communications, and immediately raised questions as to whether it would pass the scrutiny of anti-trust regulators.
Vancouver mine builder New Gold made a $310-million bid in May to acquire all of the outstanding common shares of Rainy River Resources in a friendly takeover
bid of its advanced gold project in northwestern Ontario.
Market analysts say that the offer has a good chance of getting the go-ahead from the EU executive, since it is a friendly takeover
and does not pose any significant competition problems.