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July 14: The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: London-listed drugmaker Shire Plc said it was ready to recommend a new 31 billion pounds ($53 billion) takeover offer from AbbVie Inc, entering talks after receiving a fifth bid from the U.S. firm.
PETALING JAYA: Shipping firm PDZ Holdings Bhd’s major shareholder and former chairman, Tan Sri Robert Tan Hua Choon (pic), is in discussions to acquire a 100% stake in Efogen Sdn Bhd, a bumiputra oil and gas (O&G) company providing integrated upstream O&G services and solutions, according to sources.
KUALA LUMPUR: Shares and warrants of FCW Holdings Bhd fell after Bursa Malaysia Securities Bhd issued an “Unusual Market Activity” query on its stock, which hit limit-up on Tuesday.