Global Banking News-January 21, 2014--StanChart heads list of takeover targets
The company has already approached several takeover targets
JJB chief executive Tom Knight, right, said he was already talking to "a number" of possible takeover targets
Byline: Alastair Down on the magnificent victory of Aussie ace Takeover Target
Both reportedly have been kicking tires on takeover targets
in recent months.
"We estimate a high of 50 times to a low of 20 times next year's earnings as an appropriate takeover target
price," he says.
13 November 2013 - Spanish telecom giant Telefonica SA (MCE:TEF) has held discussions with possible takeover targets
and partners in Mexico, as part of plans to strengthen its presence in the country, Bloomberg reported today, citing three knowledgeable sources.
APM Terminals, sees trucking and railway companies as potential takeover targets
and joint venture partners for its Container Inland Services unit.
US investment bank Jefferies (NYSE:JEF), along with other potential takeover targets
, has been in Nomura's focus over the past few months.
Nick Johnson, corporate finance partner at Deloitte in Birmingham, added: "History suggests that businesses in some sectors such as manufacturing and retail are more likely hostile takeover targets
than businesses operating in other sectors.
MATT Barrett, chief executive of Barclays, confirmed yesterday that the bank is on the lookout for takeover targets
However, the chief executive underlined that it is not easy to find the right takeover targets
and make the right transactions.
Sigi Menz, CEO of Austrian beverage group Ottakringer Getraenke AG (WBAG:OTS), said in an interview for daily Kurier that there are possible takeover targets
for the company in the mineral-water sector outside Austria.