Picture of Hasbro logo

HAS Hasbro News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapNeutral

Deals of the day-Mergers and acquisitions

May 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:

** Britain's Intertek ITRK.L rejected a third sweetened 8.93 billion pound ($12.12 billion) takeover proposal from Swedish private equity firm EQT AB EQTAB.ST, saying it was focusing on a review which could see the company split in two.    nL4N41L0F9

** Mattel MAT.O investor Southeastern Asset Management has called on CEO Ynon Kreiz to explore strategic options for the toy maker to be taken private or bought out by rival Hasbro HAS.O amid weak demand. nL4N41L0QB

** Commerzbank CBKG.DE plans to cut 3,000 jobs to help it reach more ambitious profit targets as part of a strategy to fend off a takeover by Italy's UniCredit CRDI.MI, the German bank said on Friday. nL8N41L0AN

** Taiwan Semiconductor Manufacturing Co 2330.TW and Sony Semiconductor Solutions 6758.T plan to form a new joint venture in Japan to develop and manufacture next-generation image sensors. nL6N41L0G6

 (Compiled by Rajarshi Roy and Varun Sahay in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))

Recent news on Hasbro

See all news