HALISTER: Safran Cuts Offer for Zodiac to EU25 a Share; Buyback Planned

Safran Cuts Offer for Zodiac to EU25 a Share; Buyback Planned

(Bloomberg) -- Safran says primary cash offer for Zodiac of EU25/share unanimously approved by both boards.
  • Safran to offer option of payment in Safran preferred shares capped at 31.4% of Zodiac shares
    • Safran would offer 0.3 to 0.332 Safran preferred share per Zodiac share
  • Safran confirms annual pretax cost savings of EU200m from combination
  • Safran plans EU2.3b share buyback over the 2 years following completion of tender offer for Zodiac.
  • Link to statement

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
SAF FP (Safran SA)

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UUID: 7947283

HALISTER: Rothschild Hires JPMorgan, Deutsche Bank Dealmakers in U.S. Push

Rothschild Hires JPMorgan, Deutsche Bank Dealmakers in U.S. Push

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
DBK GR (Deutsche Bank AG)
JPM US (JPMorgan Chase & Co)
ROTH FP (Rothschild & Co)

People
Alexandre De Rothschild (NM Rothschild & Sons Ltd)
Baron David De Rothschild (Rothschild Concordia SAS)
Alex To (Bank of America Corp)
James Neissa (Rothschild North America Inc)
Lee Lebrun (Rothschild North America Inc)

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UUID: 7947283

HALISTER1: *CF CORP. TO BUY FIDELITY & GUARANTY LIFE FOR $31.10/SHR IN CASH

*CF CORP. TO BUY FIDELITY & GUARANTY LIFE FOR $31.10/SHR IN CASH

Alert: HALISTER1
Source: BN (Bloomberg News)

Tickers
CFCOU US (CF Corp)
FGL US (Fidelity & Guaranty Life)
BX US (Blackstone Group LP/The)
FNF US (FNF Group)
HRG US (HRG Group Inc)

People
Chinh E Chu (Blackstone Group LP/The)
Christopher Littlefield (Fidelity & Guaranty Life)
Douglas Newton (CF Corp)
William Foley (CF Corp)

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UUID: 7947283