Posted on November 18, 2009 at 3:35 PM
Filed under: Corporate Strategy | Detroit Breakdown | Divesting and Restructuring
Tagged: general motors co.

Ron Bloom, the head of the White House automotive task force, reiterated the government's desire to reduce its majority stake in General Motors Co., telling Reuters the automaker could launch an initial public offering before the end of 2010.But the emphasis is on the word "could," as Bloom also echoed...  Continue reading

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

Posted on November 11, 2009 at 4:17 PM
Filed under: Corporate Strategy | Divesting and Restructuring | Integration
Tagged: dow chemical , rohm & haas

It has been a turbulent year for Dow Chemical Co. (NYSE:DOW). The new year saw the company's Kuwaiti partner pull out of a proposed joint venture, which in turn threw into doubt Dow's planned $16.3 billion purchase of Rohm and Haas Co. Lawsuits and negotiations followed, with Dow finally closing...  Continue reading

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

Posted on November 11, 2009 at 12:48 PM
Filed under: Acquisitions | Corporate Strategy | Divesting and Restructuring
Tagged: black & decker , general electric co. , stanley works

With General Electric Co. (NYSE:GE) nearing a sale of its GE Security Inc. unit to United Technologies Corp. (NYSE:UTX), according to Bloomberg, it's worth drawing a contrast with another security unit that has recently made news in the deal world: the Stanley Security Solutions unit of Stanley Works (NYSE:SWK). It...  Continue reading

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

Posted on November 9, 2009 at 3:03 PM
Filed under: Deal International | Detroit Breakdown | Divesting and Restructuring
Tagged: fritz henderson , general motors co. , opel

General Motors Co. CEO Fritz Henderson kicked off a sales challenge worthy of the slickest used car dealer on Monday, traveling to Germany to meet with leaders of the company's Adam Opel GmbH unit to discuss the European automaker's future inside of GM.Henderson arrives in Germany accompanied by GM international...  Continue reading

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

Posted on November 8, 2009 at 5:47 PM
Filed under: Corporate Strategy | Divesting and Restructuring | Trends
Tagged: General Atlantic , KKR , Northrop Grumman , Ronald Sugar , Tasc

Defense contractor Northrop Grumman Corp. (NYSE:NOC) said Sunday it is selling its military intelligence unit Tasc Inc. for $1.65 billion in cash to an investor group led by General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co.In a similar deal last year, Carlyle Group paid $2.5 billion for...  Continue reading

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

Posted on November 6, 2009 at 2:27 PM
Filed under: Corporate Strategy | Deal International | Divesting and Restructuring
Tagged: american airlines inc. , Delta Air Lines , japan airlines

The courtship of Japan Airlines Corp. has apparently gone into overdrive, with officials from AMR Corp.'s (NYSE:AMR) American Airlines Inc. and Delta Air Lines Inc. (NYSE:DAL) each lobbying Japanese government officials about the benefits JAL could reap from forging closer ties to each of their rival alliances.JAL has been a...  Continue reading

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

Posted on November 5, 2009 at 4:12 PM
Filed under: Careers | Divesting and Restructuring | Middle market | Movers & Shakers | People | Trends
Tagged: Don Dodge , job cuts , Johnson & Johnson , layoffs , Microsoft Corp. , Nokia Siemens

Corporate layoffs are churning this earnings season, with companies trying to cut costs while growing their core businesses. We've gathered a list of pink slippers from the past couple weeks. Of course, aggressively cutting costs is only one side of recent corporate strategy. Downsizing while acquiring has been a frequent...  Continue reading

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

Posted on November 4, 2009 at 12:42 PM
Filed under: Divesting and Restructuring | Middle market | People
Tagged: Chapter 11 , FTI Capital Advisors , Halcyon Holding , Joss Whedon , Sony Pictures , Terminator

The auction isn't slated to happen until later this month (reportedly), but the multimillion dollar "Terminator" movie franchise has its first formal bidder ... sort of. It's not a major film studio such as Sony Pictures or an investment fund; it's filmmaker and writer Joseph Hill "Joss" Whedon. He made...  Continue reading

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

Posted on November 3, 2009 at 4:11 PM
Filed under: Acquisitions | Careers | Corporate Strategy | Divesting and Restructuring | Movers & Shakers | People
Tagged: earnings , job cuts , Johnson & Johnson , M&A , William Weldon

Two weeks after Johnson & Johnson (NYSE:JNJ) reported mixed earnings, which tugged stocks downward, the world's biggest healthcare company is looking to cut costs. Those cuts include 7,000 to 8,000 layoffs, mostly overseas.J&J chief executive William Weldon (pictured) said in a statement, "These types of changes are difficult under any...  Continue reading

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

Posted on October 30, 2009 at 2:01 PM
Filed under: Acquisitions | Corporate Strategy | Divesting and Restructuring
Tagged: procter & gamble , Robert McDonald

Moving the growth needle at Procter & Gamble Co. (NYSE:PG) isn't easy. Not only is the company an $80 billion-in-sales behemoth, but it is after all in the consumer products business. And in the developed world at least, growing sales of shampoo and diapers faster than GDP is tough. Mostly,...  Continue reading

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