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 1, 2009 at 8:39 AM
Filed under: Careers | Corporate Strategy | Middle market | Movers & Shakers | People
Tagged: AOL , Colbert Narcisse , FDIC , Gregory Webster , HSBC , Ivar Eilertsen , Ken Kharbanda , Merrill Lynch , Petrina Dawson , Thomas Shelton

With advice from M&A veterans such as Merrill Lynch & Co.'s former COO of Americas investment banking, Colbert Narcisse, and Ken Kharbanda, AOL LLC's former head of corporate development, startup People Capital is looking to address a growing problem in the U.S. resulting form the economic crisis. The firm is...  Continue reading

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

Posted on June 26, 2009 at 4:15 PM
Filed under: Careers | Movers & Shakers | Slides
Tagged: Cuong Viet Do , Tyco Electronics

Tyco Electronics Ltd. (NYSE:TEL) has hired Cuong Viet Do as senior vice president of corporate strategy and business development, reporting to chief executive Tom Lynch. He most recently was chief strategy officer for Chinese computer maker Lenovo Group Ltd., which he joined in 2006 -- a year after Lenovo's $1.75...  Continue reading

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

Posted on June 26, 2009 at 2:46 PM
Filed under: Careers | Law | Movers & Shakers | People
Tagged: Dave Johnson , Dell , IBM , noncompete clause

For now, that is. U.S. District Judge Stephen Robinson says Dave Johnson, IBM Corp.'s (NYSE:IBM) former vice president for corporate development can work at rival Dell Inc. (NASDAQ:DELL) during its suit against Johnson. IBM claims Johnson is violating a noncompete clause by going to work for Dell. Bloomberg News picked...  Continue reading

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

Posted on June 25, 2009 at 12:58 PM
Filed under: Careers | Corporate Strategy | Deal International | Growth Strategy | Movers & Shakers | People
Tagged: BP plc , Carl-Henric Svanberg , Hans Vestberg , Peter Sutherland , Sony Ericsson , Tony Hayward

Surprising onlookers, and what The Associated Press calls a move that caught the financial district off guard, BP plc (NYSE:BP) named Sony Ericsson's Carl-Henric Svanberg (pictured) as its chairman. BP has been looking for a new one for about two years now.Former Rio Tinto plc (NYSE:RTP) chairman Paul Skinner was...  Continue reading

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

Posted on June 24, 2009 at 11:15 AM
Filed under: Acquisitions | Careers | Growth Strategy | Law | Movers & Shakers | People
Tagged: David Johnson , Dell Inc. , Elias Mendoza , IBM , Morgan Stanley

The latest: IBM Corp. (NYSE:IBM) named Elias Mendoza, who joined the company three years ago from Morgan Stanley (NYSE:MS), to head its corporate development  team. IBM made the move as it battles former M&A chief David Johnson in court, who was lured away by rival Dell Inc. (NASDAQ:DELL).Dell has long...  Continue reading

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

Posted on June 23, 2009 at 1:01 PM
Filed under: Careers | Corporate Strategy | Information Technology | Middle market | Movers & Shakers | People
Tagged: C.P. Gurnani , Mahindra Satyam , Ramalinga Raju , S. Durgashankar

On Sunday, Satyam Computer Services Ltd. was re-branded as Mahindra Satyam after Tech Mahindra Ltd. emerged as the highest bidder in a global auction for a controlling stake in the fraud-hit Indian IT outsourcer.Earlier this year, Satyam chairman and founder Ramalinga Raju admitted that Satyam's balance sheet was inflated by...  Continue reading

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

Posted on June 22, 2009 at 11:24 AM
Filed under: Acquisitions | Careers | Deal International | Growth Strategy | Middle market | Movers & Shakers | People | Sector Watch | Trends
Tagged: Alexander Dyukov , Gazprom , Gazprom Neft , Lukoil , Pavlodar , Petrol , Russneft , Sibir Energy , Stuard Detmer

As oil prices rebound -- almost doubling in price per barrel since December -- Russian oil giant OAO Gazprom's oil arm may issue up to $1 billion in bonds to support its quest for acquisitions.Gazprom Neft's chief executive Alexander Dyukov said it is in talks with Russian oil firm...  Continue reading

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

Posted on June 16, 2009 at 5:25 PM
Filed under: Careers | Corporate Strategy | Divesting and Restructuring | Movers & Shakers | People | Trends
Tagged: earnings , Facebook , job cuts , Jonathan Miller , MySpace , Owen Van Natta

For the first time, Facebook Inc. passed MySpace in terms of U.S. visitors for a month. ComScore Inc. said Facebook's users almost doubled from a year earlier, while MySpace lost 5%. It's a figure News Corp.'s (NYSE:NWS) chief digital officer Jonathan Miller must be very familiar with. However, he's no...  Continue reading

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

Posted on June 12, 2009 at 2:48 PM
Filed under: CD Community | Careers | Corporate Strategy | Deal International | Movers & Shakers | People
Tagged: ACG China , Grant Thornton , Harris Smith

Chinese dealmakers looking to connect with fellow M&A professionals now have a new way to do it, with the opening of an Association for Corporate Growth chapter in Tianjin. ACG China will also operate in Beijing, Hong Kong, Shanghai and other major cities as membership grows.Harris Smith (pictured), ACG...  Continue reading

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