Posted on July 2, 2009 at 10:11 AM
Filed under: Acquisitions | Careers | Deal International | Growth Strategy | Middle market | Movers & Shakers | People | Sector Watch | Trends
Tagged: Alan Murray , Bank of America , Barclays , David Asmus , Evercore Partners , Gazprom , Morgan Lewis & Bockius , PetroChina , Robert Pacha , Sinopec , Societe Generale

Strategics in the oil sector feeling an economic upturn is in sight have been running to the deal table as valuations are still a bit depressed. In turn, investment banks and law firms alike have responded by hiring as they look to reign in M&A advisory fees.Some big deals have...  Continue reading

[ Share ]  [ E-mail]  [ Comments (1) ]  [ Full Story ]

Posted on July 2, 2009 at 8:49 AM
Filed under: Acquisitions
Tagged: Medialink Worldwide , The NewsMarket

In a deal marrying traditional and new media marketing companies, the NewsMarket announced Wednesday it intends to acquire Medialink Worldwide Inc. (NASDAQ:MDLK). The NewsMarket provides digital media services to help corporate and government clients communicate with clients through video, while Medialink provides television, radio and Internet news and market media...  Continue reading

[ Share ]  [ E-mail]  [ Leave a Comment ]  [ Full Story ]

Posted on July 1, 2009 at 1:12 PM
Filed under: Acquisitions | Best Practices | CD Community
Tagged: chorey , earnouts , taylor & feil

In the current tough climate for deals, acquirers are increasingly using earnouts as part of the purchase price, which is why I've discussed the topic in a couple of recent magazine columns. The first, Arguments postponed, warns of disputes and litigation down the road for some of these dealmakers. The...  Continue reading

[ Share ]  [ E-mail]  [ Leave a Comment ]  [ Full Story ]

Posted on June 30, 2009 at 1:51 PM
Filed under: Acquisitions | Best Practices | Corporate Strategy
Tagged: 3PAR , Commvault , dell inc. , ibm corp , NetApp

It remains to be seen how long IBM Corp.'s (NYSE:IBM) suit against David Johnson, the company's former VP of corporate development, will impede him from taking up his full responsibilities in a similar role at rival Dell Inc. (NASDAQ:DELL).Meanwhile, there's a new report from the 451 Group to remind us...  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on June 30, 2009 at 12:40 PM
Filed under: Acquisitions | Best Practices | Deal International | Law
Tagged: Barclays , Bharti Airetel , BNP Paribas , HSBC , J.P. Morgan , MTN Group , Office of Foreign Assets Control

The good news for Africa's No. 2 cell-phone operator MTN Group Ltd. may ultimately turn sour for investor J.P. Morgan Chase & Co. (NYSE:JPM).  According to The Economic Times, J.P. Morgan is one of a handful of banks providing $500 million apiece to finance No. 1 Indian cell-phone company...  Continue reading

[ Share ]  [ E-mail]  [ Leave a Comment ]  [ Full Story ]

Posted on June 29, 2009 at 3:29 PM
Filed under: Acquisitions | Corporate Strategy | Deal International | Growth Strategy | Joint Ventures and Alliances | Middle market | Sector Watch | Trends
Tagged: Bayer , Eli Lilly , FCCB , Merial , Novartis , Pfizer , Provimi , Sanofi , Vétoquinol , Virbac , Wockhardt , Wyeth

In a broader effort to focus on its human pharmaceutical business and raise cash (as well as investor confidence), Indian generic drug maker Wockhardt Ltd. is selling its animal health division to France's Vétoquinol. The deal marks Vétoquinol's entrance into India. Earlier this month, Wockhardt sold its German business Esparma...  Continue reading

[ Share ]  [ E-mail]  [ Leave a Comment ]  [ Full Story ]

Posted on June 29, 2009 at 3:25 PM
Filed under: Acquisitions | Corporate Strategy | Detroit Breakdown
Tagged: ArvinMeritor , Gabriel North America , OpenGate Capital

ArvinMeritor Inc. (NYSE:ARM) has sold auto parts supplier Gabriel North America to private equity firm OpenGate Capital for an undisclosed amount. Gabriel makes shock absorbers and strut assemblies for the after-market and original equipment manufacturer segments. The deal is part of ArvinMeritor's strategy to exit the light vehicle market and...  Continue reading

[ Share ]  [ E-mail]  [ Leave a Comment ]  [ Full Story ]

Posted on June 29, 2009 at 11:35 AM
Filed under: Acquisitions | Case Studies | Changing Face of Media | Corporate Strategy | Divesting and Restructuring | Middle market | Sector Watch | Trends
Tagged: aQuantive , Microsoft , Morgan Stanley , Omnicom , Publicis Groupe , Razorfish , Steve Ballmer , Vivake , WPP

A Financial Times report said Microsoft Corp. (NASDAQ:MSFT) tapped Morgan Stanley (NYSE:MS) to find a potential buyer for Razorfish, its digital agency, in a deal that could be worth around $600 million to $700 million. Microsoft gained Razorfish -- which designed the logo for new search function Bing -- when...  Continue reading

[ Share ]  [ E-mail]  [ Leave a Comment ]  [ Full Story ]

Posted on June 29, 2009 at 11:10 AM
Filed under: Acquisitions | Corporate Strategy | Detroit Breakdown | Integration
Tagged: jaguar land rover , tata motors ltd.

When India's Tata Motors Ltd. bought Jaguar Land Rover from Ford Motor Co. (NYSE:F) a little more than a year ago for $2.4 billion, the economic storm clouds were already gathering. So on Sunday, when chairman Ratan Tata and other executives officially launched the British brands in India, the hoopla...  Continue reading

[ Share ]  [ E-mail]  [ Comments (1) ]  [ Full Story ]

Posted on June 29, 2009 at 10:28 AM
Filed under: Acquisitions | Crisis On Wall Street | Integration
Tagged: Bank of America , Brian Moynihan , integration , Ken Lewis , Merrill Lynch

Bank of America Corp.'s (NYSE:BAC) integration of Merrill Lynch & Co. continues at pace, despite chief executive Ken Lewis' numerous treks to Capitol Hill, stress test results, high-level talent defections and other distractions. In an interview with American Banker, integration leader Brian Moynihan admits external pressures are adding to the...  Continue reading

[ Share ]  [ E-mail]  [ Leave a Comment ]  [ Full Story ]