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JAPAN: Bull-Dog racks up FY loss

15 May 2008

Bull-Dog Sauce Co. has revealed that increasing costs and the expense of avoiding a takeover by US hedge fund Steel Partners meant that it racked up a loss in the year ended 31 March.

JAPAN: Steel Partners ends Bull-Dog association

18 Apr 2008

Steel Partners today (18 April) confirmed that it has sold its stake in Japanese sauce maker Bull-Dog Co, a move that will draw a line under its attempt to seize control of the company.

JAPAN: Steel Partners puts pressure on House Foods

8 Apr 2008

Steel Partners has continued its charge through the Japanese food industry, this time targeting House Foods in its bid to heighten shareholder value.

JAPAN: Fund turns up heat on Nissin Foods

2 Apr 2008

Nissin Foods, the Japanese firm, has become the latest company in the country’s food industry to receive pressure from US investment fund Steel Partners.

JAPAN: Activist fund sets sights on candy firm Ezaki Glico

17 Mar 2008

Steel Partners, the US hedge fund that last year lost a protracted battle to buy Japan’s Bull-Dog Sauce Co., today (17 March) urged local candy firm Ezaki Glico to boost value to shareholders.

JAPAN: Steel Partners reduces Bull-Dog stake

28 Nov 2007

US investment fund Steel Partners has reduced its stake in Bull-Dog Sauce from 5.42% to 4.40%, according to a filing with the Finance Ministry's Kanto Local Finance Bureau.

JAPAN: Steel Partners fails in bid for Bull-Dog

24 Aug 2007

US investment fund Steel Partners has failed in its JPY32.3bn (US$278m) bid to win control of the Japanese condiments group Bull-Dog Sauce Co. after only winning acceptances for 1.89% of the company's stock by the close of its tender offer.

JAPAN: Steel Partners presses on in Bull-Dog pursuit

8 Aug 2007

US hedge fund Steel Partners is to press ahead with its pursuit for Japan’s Bull-Dog Sauce, it said this morning (8 August).

JAPAN: Bull-Dog suitor mulling options as appeal fails

7 Aug 2007

Steel Partners, the long-time suitor of Japan’s Bull-Dog Sauce Co., is mulling whether to fight on its bid to buy the company, the US hedge fund told just-food this morning (7 August).

JAPAN: Bull-Dog's "poison pill" plan winds into action

11 Jul 2007

Bull-Dog Sauce Co. has begun putting its “poison pill” takeover defence into place in a bid to stave off US hedge fund Steel Partners, a hostile bidder for the company.

US/JAPAN: Hedge fund stands tall in Bull-Dog fight

10 Jul 2007

US hedge fund Steel Partners is refusing to back down in its bid to buy Japan’s Bull-Dog Sauce Co.

JAPAN: US hedge fund loses Bull-Dog appeal

9 Jul 2007

The US hedge fund looking to buy Bull-Dog Sauce Co. has lost an appeal to block the Japanese company from putting anti-takeover measures into place.

Food for thought as private equity row rumbles on

3 Jul 2007

The growing influence of private equity groups (PEGs) has become a major talking-point in the food industry, as it has in so many other sectors. Chris Brook-Carter asks if the growth in PEG activity represents a return to the excesses of the 1980s, or whether they serve a useful function in helping to revive failing companies and provide a necessary investment vehicle for capital.

JAPAN: US hedge fund to fight on in Bull-Dog bid

28 Jun 2007

US hedge fund Steel Partners has refused to throw in the towel in its bid to buy iconic Japanese sauce producer Bull-Dog Sauce Co.

JAPAN: Bull-Dog Sauce wins case against hedge fund

28 Jun 2007

Bull-Dog Sauce Co. has won a court battle with its hostile suitor, the US private equity group Steel Partners.

JAPAN: Bull-Dog shareholders agree “poison pill” plan

25 Jun 2007

Shareholders in the Japanese company Bull-Dog Sauce, currently the subject of a hostile takeover bid from US private equity group Steel Partners, have approved a “poison pill” defence plan aimed at thwarting the US$260m takeover.

JAPAN: US hedge fund ups bid in Bull-Dog battle

15 Jun 2007

US private equity group Steel Partners has upped its bid for Japan’s Bull-Dog Sauce, as the battle for the company continues.

JAPAN: Bull-Dog continues to fight takeover attempt

14 Jun 2007

Bull-Dog Sauce said today (14 June) that it will oppose a lawsuit filed by US investment fund Steel Partners which looks to push through the private equity group’s takeover bid

JAPAN: Steel Partners attacks Bull-Dog policy

12 Jun 2007

Steel Partners Japan Strategic Fund has attacked the tactics adopted by the management of Bull-Dog Sauce in order to fend off a takeover bid from the private equity group.

JAPAN: Bull-Dog builds watertight case against takeover

8 Jun 2007

Bull-Dog Sauce has requested a court examiner ensure the outcome of an upcoming shareholder vote on the company’s plans to block a takeover bid by private equity group Steel Partners is watertight.

JAPAN: Bull-Dog fights private equity bid

7 Jun 2007

Bull-Dog Sauce is to oppose the takeover bid for the company launched by US private equity group Steel Partners.

JAPAN/US: Steel Partners sheds light on Bull-Dog plans

1 Jun 2007

US private equity group Steel Partners has insisted it has no interest in the day-to-day-running of Japanese takeover target Bull-Dog Sauce Co.

JAPAN: Bull-Dog softens position on takeover

25 May 2007

Japanese food group Bull-Dog Sauce has asked for further information from US private equity group Steel Partners regarding its bid to buy the company.

UPDATE: JAPAN: Bull-Dog digs in to resist buyout move

18 May 2007

Japanese sauce manufacturer Bull-Dog has denied reports that it has made any progress towards accepting a takeover bid from US hedge fund Steel Partners.

JAPAN: Private equity eyes Bull-Dog buy

18 May 2007

New York-based hedge fund Steel Partners has issued a tender offer for all the outstanding shares in iconic Japanese sauce manufacturer Bull-Dog. Steel Partners already holds a 10.52% stake in the food group.

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