Takeover


Buffett’s Krafty take on merger maulings

Billionaire investor Warren Buffett isn’t happy about Kraft’s $US20 billion tasty takeover Cadbury and he could be proven right. Is it a rotten deal?

Yelp! Who says no to Google and half a billion dollars?

Yelp, a US web site that reviews local restaurants and shops, has walked away from late negotiations for a Google deal worth half a billion dollars. Has someone else — Apple? Microsoft? — offered them a better strategic deal?

Should we fear foreign takeovers?

With Japanese company Kirin attempting to take over brewer Lion Nathan, Tom Elliott asks whether we should limit foreign ownership of Aussie businesses. Would that just scare away overseas investors?

Kraft or Cadbury: will shareholders even notice the difference?

Kraft’s intention to take over Cadbury offers shareholders the chance to replace a mediocre offering with something a little bit more mediocre, write Christopher Hughes and Edward Hadas.

Chocolate fondu: could Nestle bid for Cadbury?

With Kraft signalling its intention to take over Cadbury, other potential suitors are rumoured to be taking notice. Like Nestle which might launch a counterbid (if it could get it past the competition commission).

Forget the GFC, it’s time for a takeover frenzy

Could the Australian stockmarket be about to witness an orgy of acquisitions? Crikey tested the waters with some leading economic commentators.

The BHP bid has been dead for months

Some people were surprised by BHP Billiton’s decision to abandon the $102 billion all share offer for Rio Tinto last night, but they shouldn’t have been, writes Glenn Dyer.