Nadine Mirchandani, a partner in Ernst & Young's transaction advisory services, gives The Deal Pipeline her predictions on the short- and long-term lifespan of financial services M&A. Mirchandani also discusses new opportunities for asset managers, as well as whether she is seeing opportunities for acquirers being created from global economic turmoil. - Sarah Hashim-Waris
Advent International taps Dahai Yu to work with Allnex, the coating resins business it bought for $1 billion last year. For other updates launch today's Movers & shakers slideshow.
The asset, which began operating in 2005, is attractive because its contract to sell its entire transmission capacity to the Long Island Power Authority until 2032 provides a stable cash flow. More video