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Warren Buffett "poorer" after Cadbury deal

Thu 21/01/10 - 03:11:38 vs6
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While Buffett said he does not plan to sell his stake in Kraft, shares of the company fell more than 2 per cent as the US food group came under pressure from its largest shareholder. "Irene has done a good job in operations. I like Irene. I mean, I find her - she's been straightforward with me,
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Tags : businessday.com.au, title.Warren Buffett, spa, Rating, ceo, berkshire hathaway, pound bridge, takeover battle, growth targets, cable business, decent person, initial plan, s board, chocolatier

Warren Buffett "poorer" after Cadbury deal

Thu 21/01/10 - 03:11:20 vs6
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Billionaire investor Warren Buffett said Kraft Foods' proposed $US19.6 billion ($21 billion) acquisition of Cadbury Plc is a "bad deal" and questioned how Chief Executive Irene Rosenfeld chose to pay for it. While Buffett said he does not plan to sell his stake in Kraft, shares of the
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Tags : smh.com.au, title.Warren Buffett, Warren Buffett, spa, Rating, ceo, berkshire hathaway, takeover battle, growth targets, cable business, decent person, initial plan, s board, chocolatier, good job

Porsche reports 4.4 billion euro loss

Mon 16/11/09 - 06:22:13 vs6
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November 13, 2009 The main reason for the massive loss over the financial year, which ended in July, was Porsche's failed bid to take over its far bigger German rival Volkswagen, Europe's top car maker. VW said last month it would buy 49.9 per cent of Porsche. The loss in the year...
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Tags : businessday.com.au, spa, Invest, europe, Euro, bloomberg, takeover bid, massive loss, initial plan, car maker, carmaker, voting rights, stake, merger

JAL to restructure under new state-backed agency- reports

Mon 26/10/09 - 04:11:45 vs6
Ailing Japan Airlines will restructure itself under a state-backed corporate turnaround firm while the government mulls a special law to cut the carrier's high pension payouts, reports said Sunday. The Japanese government, which will announce a turnaround plan for JAL by the end of this
Tags : smh.com.au, workforce, turnaround, Nikkei, relief measures, pension payouts, bridge loan, breathing life, citing sources, initial plan, financial institutions, bailout, government sources, business daily, shortfall

Struggling JAL gets restructure | Business Breaking News | News.com.au

Mon 26/10/09 - 04:10:29 vs6
The Japanese Government, which will announce a turnaround plan for JAL by the end of this week, will also consider an injection of public funds after the plan is finalised, the Nikkei business daily reported without citing sources. Local media reported that the state-backed Enterprise
Tags : news.com.au, workforce, turnaround, Nikkei, relief measures, pension payouts, bridge loan, breathing life, initial plan, financial institutions, bailout, government sources, shortfall, creditors

JAL to restructure under new state-backed agency- reports

Mon 26/10/09 - 03:52:07 vs6
Ailing Japan Airlines will restructure itself under a state-backed corporate turnaround firm while the government mulls a special law to cut the carrier's high pension payouts, reports said Sunday. The Japanese government, which will announce a turnaround plan for JAL by the end of this
Tags : businessday.com.au, workforce, turnaround, Nikkei, relief measures, pension payouts, bridge loan, breathing life, citing sources, initial plan, financial institutions, bailout, government sources, business daily, shortfall