AMSTERDAM (Reuters) – Dutch biotech Crucell on Thursday rebuffed a request from investors to quickly hold a meeting over a takeover bid by Johnson & Johnson, citing a lack of documentation and hardening its resolve against shareholder criticism of the offer price.
Crucell said on Wednesday it would recommend U.S. healthcare company Johnson & Johnson’s cash offer of 24.75 euros per share, or 1.75 billion euros ($2.5 billion) — unchanged since first revealed on September 17 — despite criticism from shareholders about the price.
The hate trial of Dutch anti-Islamist politician Geert Wilders, who will have a powerful shadow role in the Dutch government, resumed on Wednesday with a showing of his controversial film that criticises the Koran. (Photo: Geert Wilders (R) in court with his lawyer Bram Moszkowicz (L) in Amsterdam, October 6, 2010/Marcel Antonisse)
The screening in court of Wilders’s 2008 film “Fitna,” which accuses the Koran of inciting violence, threatened to interrupt the trial for a second time in a week when defence lawyer Bram Moszkowicz objected to comments from presiding judge Jan Moors.
AMSTERDAM (Reuters) – Crucell (CRCL.AS: Quote, Profile, Research, Stock Buzz) said it would recommend U.S. personal care group Johnson & Johnson’s (JNJ.N: Quote, Profile, Research, Stock Buzz) unchanged cash offer of 24.75 euros per share for the Dutch biotech as one shareholder said he would not sell at that price.
Crucell management will recommend shareholders accept J&J’s 1.75 billion euros ($2.4 billion) offer which represents a 58 percent premium over Crucell’s closing price on September 16, a day before takeover talks were announced, the two companies said.
AMSTERDAM (Reuters) – Dutch Christian Democrat MPs approved on Tuesday a coalition pact with the Liberals, with backing from an anti-Islam party, mending an internal rift and paving the way for the first post-war Dutch minority government.
Christian Democrat MPs had earlier said they would take into account a vote at the party’s congress on Saturday when CDA members voted in favor of the deal despite reservations about relying on the support of the far-right Freedom Party.
(Photo: Geert Wilders (C) at his trial in Amsterdam, 4 Oct 2010/Marcel Antonisse)
Dutch anti-Islam politician Geert Wilders, a key player in efforts to form a new government, has accused judges trying him on charges of inciting hatred of scandalous bias and demanded they be replaced.
Wilders, who has 24-hour police guard because of death threats, went on trial Monday over comments including a comparison he made between the Islamic faith and Nazism.
AMSTERDAM (Reuters) – Dutch anti-Islamist politician Geert Wilders, a key player in efforts to form a new government, accused judges trying him on charges of inciting hatred of scandalous bias and demanded they be replaced.
Wilders, who has 24-hour police guard because of death threats, went on trial on Monday over comments including a comparison he made between the Islamic faith and Nazism.
AMSTERDAM (Reuters) – Dutch anti-Islamist politician Geert Wilders, who plays a controversial but pivotal role in the formation of a new Dutch government, went on trial on Monday for inciting hatred against Muslims.
Wilders is charged with inciting hate and discrimination against Muslims in comments he made in the media and for insulting Muslims by comparing the Islamic faith to Nazism.
AMSTERDAM (Reuters) – Two center-right parties agreed on Thursday to ban the burqa in the Netherlands as the price for parliamentary support from the anti-Islam Freedom party for their planned minority government.
The Netherlands would become the second European Union country to ban the burqa after France, in what many see as a shift to the right which has dented the bloc’s reputation for tolerance and may increase security risks.
AMSTERDAM (Reuters) – Two center-right parties have agreed to ban the burqa in the Netherlands as a price for parliamentary support from the anti-Islam Freedom party for their minority government.
The pact, presented on Thursday, envisages 18 billion euros ($24 billion) in budget cuts and aims to bring the deficit within European Union limits by 2013. It tightens the rules on immigration, boosts the number of police officers and makes coffee shops closed clubs.
AMSTERDAM, Sept 30 (Reuters) – The formation of a Dutch
coalition government hinges on a Christian Democrat congress on
Saturday after party legislators failed to resolve divisions
over relying on support from the anti-Islam Freedom Party.
The legislators said on Thursday they were unable at a
15-hour meeting overnight to endorse a deal under which the
Christian Democrats and Liberal Party would form a minority
government with backing in parliament from the Freedom Party.