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Business 14 Jan 2003 | 12:00 AM

Sainsbury plans £3.2b bid for Safeway

Britain#8217;s second biggest supermarket chain, J. Sainsbury plc, threatened yesterday to trump an agreed takeover offer for rival chain Safeway using cash and shares worth £3.2bil.

Business 15 Jan 2003 | 12:00 AM

Wal-Mart joins Safeway bid

Wal-Mart Stores Inc, the world#8217;s largest retailer, leapt into a £3bil bid battle for British supermarket chain Safeway plc yesterday, waving the trump card of an all-cash offer.

Business 29 May 2003 | 12:00 AM

Infortech gets the approval for listing on Mesdaq

INFORTECH Alliance Bhd, a homegrown regional niche enterprise software company, has received the approval of the Securities Commission and the KLSE to list on the Mesdaq market.

Business 10 Aug 2003 | 12:00 AM

Slower growth for Singapore economy this year

Prime Minister Goh Chok Tong says the Singapore economy is taking longer than usual to recover and has projected a slower growth of 0% to 1% this year.

Business 10 Dec 2003 | 12:00 AM

Court okays Li bid for Air Canada, unleashes Cerberus

B>TORONTO:/BA Canadian court has given Hong Kong-based businessman Victor Li a leading position in the financial rescue of Air Canada, although it also gave New York buyout firm Cerberus Capital Management LP the chance to trump Li#146;s bid with a better offer.

Business 15 Jan 2004 | 12:00 AM

Telekom seeking window for Celcom re-listing

The Telekom Malaysia Bhd board has mandated a senior official to seek advice from merchant bankers on the best window this year to re-list its wholly-owned unit, Celcom (M) Bhd.

Business 21 Jan 2004 | 12:00 AM

MIER: Ringgit peg review could be close

THE 'breaking point' that would trigger a review of the ringgit peg to the US dollar could be close as the greenback continues to weaken against other world currencies, the Malaysian Institute of Economic Research (Mier) said yesterday.

Business 01 Apr 2004 | 12:00 AM

Amid ‘Apprentice’ success, Trump’s casinos in trouble

While Donald Trump basks in the popularity of his runaway hit reality TV show, 'The Apprentice,'' the auditors for his Atlantic City casino property are raising alarms over the financier's real-life debt load.

Business 27 Apr 2004 | 12:00 AM

Aventis takes sweetened takeover bid from Sanofi

Franco-German Aventis has accepted an improved 53.7 billion euros (US$63.81bil) takeover bid from Sanofi-Synthelabo in a move creating the world's third largest drug company, people familiar with the situation said.

Business 10 May 2004 | 12:00 AM

Palladium a hot pick in Putrajaya

Property Talk: A weekly column by S.C. Cheah. This week he writes that Putrajaya Homes Sdn Bhd, a wholly owned unit of Putrajaya Holdings Sdn Bhd, played one of its 'trump cards' when it officially launched its latest residential development, the Putrajaya Palladium 9, recently.