Takeover Bid
| Use attributes for filter ! | |
| First episode date | May 26, 1990 |
|---|---|
| Presented by | Bruce Forsyth |
| Number of episodes | 28 |
| Genres | Game Show |
| Number of series | 2 |
| Cast | Bruce Forsyth |
| Date of Reg. | |
| Date of Upd. | |
| ID | 3004635 |
About Takeover Bid
Billionaire's stake in BT faces security probe
... Mr Drahi s company, Altice, prompting speculation the firm could face a Takeover Bid...
Two Twitter bosses ousted ahead of Elon Musk $44bn takeover
... Trump to return? This week, Mr Musk said he would reverse former US President Donald Trump s ban from Twitter if his Takeover Bid was successful...
Elon Musk would reverse Donald Trump's Twitter ban
... 5bn) Takeover Bid with the Twitter board last month...
Indian billionaire Mukesh Ambani plans bid for UK retailer Boots
...Indian billionaire Mukesh Ambani is planning a Takeover Bid for the UK high street chain Boots...
Twitter board meets Musk to discuss bid, reports say
... A Takeover Bid is considered to be hostile when a person or business tries to take over another company against the wishes of the target firm s management...
Elon Musk 'not sure' his takeover bid for Twitter will be successful
...Tesla boss Elon Musk has said he is " not sure" his Takeover Bid for social media firm Twitter will be successful...
Billionaire's stake in BT faces security probe
The government is to examine French billionaire Patrick Drahi 's increased stake in BT over National Security concerns, the telecoms giant has said.
Mr Drahi's company, Altice, prompting speculation The Firm could face a Takeover Bid .
The Business secretary will now probe The Move using new powers under the National Security and Investment Act.
BT said it would co-operate with the review.
In a statement, BT said that Business Secretary Kwasi Kwarteng was exercising his " call-in power" under the National Security and Investment Act 2021.
The new legislation came into force earlier this year, giving the government powers to scrutinise, impose conditions on, or block acquisitions on National Security grounds.
BT is in The Middle of a transformational programme to build a national broadband fibre network, a strategy crucial both to The Company and the government, which says it wants to boost regional growth.
Shares in BT fell More Than 4% in morning trading in London.
Mr Drahi, who also owns Auction House Sotheby's, first began buying BT shares last June. His purchase of just over 12% of The Company , worth £2. 2bn at The Time , made him the largest shareholder.
He now owns 18% of BT - 12% short of 30% at which point the takeover rules would force him to make an offer for the whole company.
Who is Patrick Drahi ?Mr Drahi's stake-building in BT sparked rumours about other possible bidders.
When news emerged of his increased stake in BT in December, the government insisted it would intervene if necessary.
Altice said then that it had no plans to make a full bid, but that could change if the circumstances did.
Source of news: bbc.com