Active Biotech AB (STO:ACTI), a biotechnology company with focus on neurodegenerative/inflammatory diseases and cancer, announced on Friday the receipt of an indicative, non-binding bid
for its property Forskaren 1 in Lund, which has been on sale for a period of time, amounting to SEK275m from a newly formed investor collective led by the real estate company Estea AB (Estea).
The non-binding bid
, submitted ahead of a deadline on Friday, also suggests that Etihad may not be ready to reverse course on its international investment strategy, said The National report.
Batelco has made a non-binding bid
for $1.4 billion Singapore wireless carrier M1, according to sources, reports Bloomberg .
Doy-an Holding, also owner of one of the country's largest media groups, said last week that one of its units had placed a non-binding bid
for the Turkish fuel distribution business of French oil producer Total.
Arla Foods has announced its non-binding bid
for Arab Diary in September.
20 November 2014 - Slovakian oil refining company Slovnaft Group, part of Hungary's oil and gas group MOL, and Hungarian power company MVM Group said today they had placed a joint non-binding bid
for the acquisition of a 66% stake in Slovak electric utility company Slovenske elektrarne AS from its owner Enel SpA (BIT:ENEL).
Ryanair and Greece's Aegean Airlines, that submitted a separate non-binding bid
on Monday, were 15 of the potential investors shortlisted to submit non-binding offers by August 29.
Indian state-run gas company Gail, in a tie up with EDF, has placed a non-binding bid
for Repsol's LNG assets in Trinidad and Tobago, Canada and Peru, the Indian company's chairman said.
In March, the company submitted a preliminary, non-binding bid
for Macedonian mobile phone operator Cosmofon.
The board of Berlusconi-controlled Mediaset agreed last week to a non-binding bid
for the 50.5% controlling share in ProSiebenSat 1 held by German Media Partners, a private equity consortium led by Hahn Saban.
Young said the non-binding bid
is still subject to due diligence and the bidder could pull out at any point.
Failure to sell Daewoo has already erased billions of pounds in asset value, indicating a sale if reached would be worth just a fraction of the pounds 4.1 billion Ford offered in a non-binding bid
a year ago.