GrainCorp shares slide after LTAP withdraws takeover offer

GrainCorp shares slide after LTAP withdraws takeover offer

Shares in Australian agricultural group GrainCorp plunged as much as 12 per cent in Tuesday morning trading after it said Long Term Asset Partners had withdrawn its A$2.4bn ($1.8 bn) bid to buy the company. Sydney-based GrainCorp said after markets …
See Original Article

ICICI guides for 15% RoE on likely fall in provisions, credit growth

MUMBAI: ICICI Bank has vowed to boost its return on equity (RoE) five times in the next one year as it guided for lower provisions and continued credit growth, especially from the retail loans in the fiscal year ending March 2020. The bank reported a 5 per cent …
See Original Article

Mexico Readies Rollout of Tax Deal With Technology Platforms

Deputy Finance Minister Arturo Herrera confirmed the plans in an interview at Bloomberg News offices in Mexico City, while declining to elaborate.
See Original Article

Anadarko Accepts Occidental Bid; Chevron Has 4 Days to React

Anadarko Petroleum Corp.'s board has declared Occidental Petroleum Corp.'s sweetened $38 billion takeover “superior,” giving Chevron Corp. four
See Original Article

Anadarko Says It Now Favors Occidental Bid Over Chevron

HOUSTON — In an escalating bidding war, Anadarko Petroleum said on Monday that it intended to reject its first suitor in a takeover bid, Chevron, after Occidental Petroleum came forward with a better offer. The announcement by Anadarko’s board, a day …
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.