Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKerry Share News (KYGA)

Share Price Information for Kerry (KYGA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 78.40
Bid: 74.30
Ask: 78.40
Change: 1.90 (2.48%)
Spread: 4.10 (5.518%)
Open: 75.40
High: 78.40
Low: 75.30
Prev. Close: 76.50
KYGA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EU mergers and takeovers (March 21)

Wed, 21st Mar 2018 17:27

BRUSSELS, March 21 (Reuters) - The following are mergersunder review by the European Commission and a brief guide to theEU merger process:

APPROVALS AND WITHDRAWALS

-- German industrial group Bayer to acquire U.S.seeds company Monsanto (approved March 21)

-- Marubeni Itochu Steel and Sumitomo Corp toacquire joint control of Hiroshima Steel Center Ltd, which is aunit of Marubeni Itochu Steel (approved March 20)

-- Swiss luxury goods group Richemont to acquiree-commerce portal Yoox Net-A-Porter Group (approvedMarch 20)

-- Austrian company Borealis, Canada's NovaChemicals and French oil and gas major Total to set upa joint venture (approved March 20)

NEW LISTINGS

-- Kerry Group to acquire Dutch protein plantproducts maker Proparent (notified March 19/deadline April26/simplified)

EXTENSIONS AND OTHER CHANGES

-- U.S. specialty material company Celanese andprivate equity firm Blackstone to combine their celluloseacetate tow units under a new joint venture (notified Sept.9/deadline extended to April 5 from March 26/withdrawn March 19)

-- Chemicals company Quaker Chemical Corp andHinduja Group's Houghton Internatioal to merge(notified Feb. 2/deadline extended to March 23 from March 9after the companies provided concessions/withdrawn March 16)

FIRST-STAGE REVIEWS BY DEADLINE

APRIL 4

-- Chinese conglomerate Fosun to acquire Germanpension insurer Pro Bav Pensionskasse (notified Feb. 23/deadlineApril 4/simplified)

APRIL 5

-- Private equity firm KKE to acquire UK car partsmaker Tekfor (notified Feb. 26/deadline April 5/simplified)

APRIL 6

-- Private equity firm KKR to acquire Anglo-Dutchconsumer products group Unilever's margarineand spreads business (notified Feb. 27/deadline April6/simplified)

APRIL 9

-- U.S. software company IBM and Danish shippingcompany Maersk to set up a joint venture (notifiedFeb. 28/deadline April 9/simplified)

-- Private equity firm Platinum Equity Group to acquire U.S.hotelier Wyndham Worldwide Corp's European vacationrental business (notified Feb. 28/deadline April 9/simplified)

APRIL 10

-- Investment management firm 3I to acquire Dutch personalcare products maker SITS Holding B.V. (notified March 1/deadlineApril 10/simplified)

-- Australian investment bank Macquarie Group toacquire Danish telecoms company TDC (notified March1/deadline April 10/simplified)

APRIL 11

-- Apollo Capital Management and JSW Steel Limited to takejoint control of Monnet Ispat Energy Limited (notified March2/deadline April 11/simplified)

-- Private equity firm Equistone Partners Europe to acquireFrench leisure travel services providers Fram and Karavel(notified March 2/deadline April 11/simplified)

-- French oil and gas major Total to acquire partof French gas and power group Engie's liquifiednatural gas business (notified March 2/deadline April 11)

APRIL 12

-- U.S. private equity firm Global Infrastructure Partnersto acquire Italian train operator Nuovo Trasporto ViaggiatoriS.p.A. (notified March 5/deadline April 12/simplified)

-- Investment funds Prime Credit 3, Oxalis Holding and threeindividuals to acquire joint control of Phoenix AssetManagement, which is now owned by the three individuals(notified March 5/deadline April 12/simplified)

APRIL 13

-- PPF Group to acquire sole control of Czech transportationcompany Skoda Transportation and its subsidiaries rail vehiclesresearch company VUKV, production facilities provider JokiauraKakkonen, holding company Satacoto, property services companySkoda Investment and repair services provider Bammer Trade(notified March 6/deadline April 13/simplified)

-- Canadian asset management company Brookfield toacquire Spanish renewable energy company Saeta(notified March 6/deadline April 13/simplified)

-- Insurer Sedgwick, which is controlled by private equityfirm KKR, to acquire insurance services providerCunningham Lindsey (notified March 6/deadline April 13)

APRIL 16

-- U.S. conglomerate GE and Russia oil and naturalgas producer Rosneft to set up a joint venture(notified March 7/deadline April 16/simplified)

-- Germany's BASF to acquire businesses fromBayer (notified March. 7/deadline April 16)

-- Lenovo Group and Fujitsu to set up ajoint venture whereby Lenovo acquires a majority stake incertain assets of Fujitsu's PC business (notified March7/deadline April 16)

-- Strategic Value Partners to take control of polyurethanefoam maker Vita Group (notified March. 7/deadline April16/simplified)

APRIL 18

-- Cerberus Capital Management to acquire Spanishbank BBVA's real estate business (notified March9/deadline April 18/simplified)

-- U.S. auto parts retailer LKQ Corp to acquireGerman peer Stahlgruber (notified March 9/deadline April 18)

APRIL 19

-- Private equity firms Cathay Pacific Private Equity andEquistone Partners Europe to jointly acquire German car partsmaker E. Winkemann (notified March 12/deadline April19/simplified)

-- U.S. aerospace and industrial company United TechnologiesCorp to acquire avionics maker Rockwell Collins(notified March 12/deadline April 19)

APRIL 23

-- iPhone maker Apple to acquire UK music streamingservice Shazam (notified March 14/deadline April 23)

-- U.S. investment company TA Associates and Frenchinvestment bank Rothschild to jointly acquire Britishsoftware company Datix (notified March 14/deadline April23/simplified)

APRIL 24

-- Scottish investment company Standardlifeaberdeen, UK oiland gas investment company Neptune and Danish insurerPensionDanmark to acquire joint control of natural gas transportcompany NGT (notified March 15/deadline April 24/simplified)

MAY 4

--- U.S. wheel parts supplier Accuride, which is controlledby private equity firm Crestview L.L.C., to acquire German peerMetro Wheels (notified March 12/deadline extended to May 4 fromApril 19 after Accuride submitted concessions)

MAY 23

-- Luxembourg-based steelmaker ArcelorMittal toacquire Italian steel plant (notified Sept. 21/deadline extendedto May 23 after ArcelorMittal offered concessions)

JUNE 7

-- South African chemicals company Tronox toacquire the titanium dioxide business of Cristal, a subsidiaryof Saudi Arabia's Tasnee (notified Nov. 15/deadline extended toJune 7)

AUG 9

-- German industrial gases group Linde to mergewith U.S. peer Praxair (notified Jan. 12/ deadlineextended to Aug. 9)

GUIDE TO EU MERGER PROCESS

DEADLINES:

The European Commission has 25 working days after a deal isfiled for a first-stage review. It may extend that by 10 workingdays to 35 working days, to consider either a company's proposedremedies or an EU member state's request to handle the case.

Most mergers win approval but occasionally the Commissionopens a detailed second-stage investigation for up to 90additional working days, which it may extend to 105 workingdays.

SIMPLIFIED:

Under the simplified procedure, the Commission announces theclearance of uncontroversial first-stage mergers without givingany reason for its decision. Cases may be reclassified asnon-simplified - that is, ordinary first-stage reviews - untilthey are approved.(Reporting by Foo Yun Chee)

More News
20 Jun 2013 15:35

Signet CFO sells amid share-price strength

Signet Jewelers, the largest speciality retail jewellery in the US and UK, saw its Chief Financial Officer (CFO) offload part of his stake this week following an impressive share-price rise so far this yar. Ronald Ristau, who became CFO of the dual-listed company in June 2010, sold 6,135 shares at

Read more
8 Mar 2013 16:11

Cupid CEO shows commitment to group with share purchase

Dating group Cupid announced Friday that its Chief Executive, Bill Dobbie, had on Thursday purchased 865,000 ordinary shares at 114.11p each, following a strong set of full year results out earlier in the week. The purchase cost him £987,052 and took his stake in the group to just under 14.68m sha

Read more
9 Aug 2012 10:50

Irish ingredient giant Kerry savouring rising profits

Kerry, the Irish ingredients and flavours maker, has increased its full-year earnings guidance after a strong first half driven by recent acquisitions and new products sales. Sales revenue rose to €2.9bn, a 10% gain on the same period of last year, although on a like-for-like basis the growth was a

Read more
8 Mar 2012 15:35

Another director dealing for Dunelm; AZ Electronic tech officer makes sale

Donna Wharton, wife of Nick Wharton, the Chief Executive of homewares firm Dunelm, has topped up her stake in the company with 9,500 shares. Wharton's purchase, which saw her buy the shares at 480.00p each for a total of £45,600, came just a day after Will Adderley, Executive Deputy Chairman, anno

Read more
17 Aug 2011 07:39

Kerry confident about FY

Irish food company Kerry said it remains confident of achieving full year targets, despite rising costs, as it delivered a 9.1% increase in first half pre-tax profit. Adjusted pre-tax profit rose to €183.5m for the half year ended 30 June 2011 from €168m before. Like for like trading profit increas

Read more
29 Jun 2011 14:43

Kerry targets 10% earnings growth per annum

Shares in Kerry Group edged higher on Wednesday after the company announced new growth targets, including an average 10% growth in adjusted earnings per share per annum over the next five years. Stan McCarthy, the chief executive of the firm, which owns the sausage brands Richmond and Walls, said t

Read more
25 Aug 2009 08:00

Kerry sees FY at upper range of forecasts

Kerry, Ireland's biggest food company, reported a 4% increase in first half trading profit and said it expects full year earnings to be in the upper range of forecasts. Trading profit increased to €180m for the half year ended 30 June 2009. Revenue fell to €2.3bn from €2.4bn previously with a pro

Read more
12 May 2009 16:02

Kerry revenue down 3.5%

Food group Kerry said revenue in the first four months of 2009 is down 3.5% on a like-for-like basis but its trading profit margin reflects an increase of 40 basis points over the same period last year. "The group is trading ahead of target at EBIT level and is confident of delivering earnings grow

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.