25 result(s) displayed (1 - 25 of 27):
Is Entergy Corp.'s (NYSE:ETR) plan to spin off its wholesale nuclear power unit -- with advice from Citigroup Inc. (NYSE:C) and Goldman, Sachs & Co. (NYSE:GS) -- having trouble reaching the finish line?New York regulators may hold up the deal's closing until early next year instead of the end...
Posted on August 25, 2009 10:57 AM
Eco-conscious Henry "Hank" Paulson Jr., former U.S. secretary of the Treasury, will join the likes of Farallon Capital Management's chief investment officer Thomas Steyer, former Morgan Stanley (NYSE:MS) managing director Thomas Cardello and others on the board of California electric car and battery startup Coda Automotive.Young Coda has attracted some...
Posted on July 30, 2009 3:45 PM
Henry "Hank" Paulson Jr., former U.S. secretary of the Treasury under previous President George W. Bush, is throwing some green at California electric car and battery startup Coda Automotive. And so did fellow Goldman, Sachs & Co. (NYSE:GS) alumni Steven "Mac" Heller, who is co-chair of Coda. Coda raised...
Posted on July 28, 2009 3:06 PM
Cindy Panchula, most recently a vice president in equity capital markets and technology, media and telecom investment banking at Goldman, Sachs & Co. (NYSE:GS), joined San Mateo, Calif.'s, Brand.net as vice president of finance. Panchula said in a statement that the online ad network was "positioned for rapid growth." We...
Posted on July 27, 2009 2:20 PM
To be reassured that Goldman Sachs Group Inc. (NYSE:GS) is not an evil conspiracy bent on world domination, read Yvette Kantrow's latest Media Maneuvers column, in which she critiques Matt Taibbi's anti-Goldman screed in a recent Rolling Stone. But to be tilted back the other way just a micron or...
Posted on July 7, 2009 3:34 PM
Brenda Barnes, chairman and CEO of consumer products company Sara Lee Corp. (NYSE:SLE), said the company is in a position to handle a large purchase. Barnes, whose company recently gave the cold shoulder to buyout shops regarding the $2 billion to $3 billion auction of its household and personal-care...
Posted on June 18, 2009 12:44 PM
The front of The Boston Globe reads "Times Co. seeks Globe bids." Apparently, two people that made bids for the Globe said the New York Times Co. (NYSE:NYT) hired Goldman, Sachs & Co. -- the same bank it hired to sell its 17.5% stake in the Boston Red Sox --...
Posted on June 10, 2009 8:44 AM
Canadian fertilizer maker Agrium Inc. (TSX and NYSE: AGU), the largest retailer to U.S. farmers, is annoyed with CF Industries Holdings Inc. (NYSE: CF), which rejected its twice-sweetened $4.2 billion takeover bid. The current bid stands at $40 in cash and one Agrium share for each of CF, whose share...
Posted on May 18, 2009 9:37 AM
Having just arrived here at the Wynn Las Vegas for the annual ACG InterGrowth meeting, I missed the keynote speech delivered by former House Speaker Newt Gingrich. I did catch a bit of the Q&A, though, and it focused mainly on regulation. Ever loquacious, Gingrich (pictured) rattled off a bunch...
Posted on May 12, 2009 4:40 PM
Barring other tactics, PepsiCo Inc. (NYSE:PEP) will need to raise its $6 billion cash-and-stock bid for its two biggest bottlers. The transactions committee at PepsiAmericas Inc. (NYSE:PAS) followed suit with the special committee at larger Pepsi Bottling Group Inc. (NYSE:PBG), saying the offer "significantly undervalues the strategic benefits of system...
Posted on May 7, 2009 8:56 AM
Goldman Sachs Group Inc. (NYSE:GS) is making a $1.1 billion tender offer for Universal Studios Japan Co. The U.S. bank, through subsidiary Crane Holdings, already owns 41% of the Osaka theme park and is teaming with two other funds to acquire the remaining shares. (Deal Pipeline subscribers can read more here.) The...
Posted on March 19, 2009 12:47 PM
A strong yen will help Japan keep a decent pace of cross-border acquisitions for 2009, but it's doubtful they will top their record pace from 2008 with the global economic crisis in full gear. A Reuters report notes Japan's firms have filled a void left by private equity and other...
Posted on December 18, 2008 4:10 PM
Initially triggered by mortgage related write-downs, the trifecta of an across-the-board repricing of risk, a shrinking universe of credit providers, and a pervasive lack of confidence in near-term corporate sales and earnings projections, have caused many companies to delay or reconsider altogether accessing capital markets.
Posted on December 9, 2008 3:09 PM
Panasonic Corp. is meeting resistance to its bid to kick off consolidation in the overcrowded Japanese electronics market by buying Sanyo Electric Co. Standing in Panasonic's way are the traders at Goldman Sachs Group Inc., owners of a 29% stake in Sanyo. Goldman has rejected a second offer from Panasonic...
Posted on December 4, 2008 9:51 AM
Curious news Wednesday that Goldman Sachs Group Inc. is considering starting an online bank. As The Wall Street Journal first reported, the new unit would broaden Goldman's portfolio and provide another outlet through which to seek deposits. The New York financial giant became a bank holding company in September and...
Posted on December 3, 2008 2:53 PM
In June, Verizon Communications Inc. announced it will buy wireless provider Alltel Corp. for $28.1 billion. The pending transaction is a case of a shrewd strategic seizing the moment -- and also a case of a couple of private equity investors (TPG Capital and Goldman Sachs Capital Partners) earning 28%...
Posted on July 8, 2008 10:53 AM
The world's largest steelmaker is always busy sourcing and integrating deals. Here's a look at what CEO Lakshmi Mittal and ArcelorMittal have been up to in recent days. To capture a stake in the Chinese automotive sector, the firm is setting up a $729 million automobile steel joint venture...
Posted on June 30, 2008 11:49 AM
The many investment bankers from Citigroup Inc. and Goldman, Sachs & Co. getting pink slips this week will be thrust into a job market already saturated with thousands of unemployed bankers. Where will they go? Randy Gulian, CEO of executive recruiter InSearch Worldwide, says his firm has seen an influx...
Posted on June 23, 2008 4:07 PM
A $450 million company just two years ago, Hologic Inc. is scaling up yet again with its third acquisition since September. The Bedford, Mass.-based firm announced it would acquire medical test maker Third Wave Technologies Inc. for $11.25 in cash per share, or about $580 million. Hologic is a developer,...
Posted on June 9, 2008 9:28 AM
Video retail chain Blockbuster Inc. has been cutting costs and raising prices in order to turn its business around, forecasting first-quarter net income of $30 million, according to Deal Journal. CEO Jim Keyes seems to think spending $1 billion on Circuit City Stores Inc. will help the cause. The mini-saga...
Posted on May 9, 2008 3:35 PM
Facing pressure from activist hedge funder Bill Ackman, Target Corp. said Wednesday it is in talks to sell nearly half of its credit card receivables to an investment partner for nearly $4 billion. But what does that mean, strategy-wise, for the company's finance arm?...
Posted on March 13, 2008 3:04 PM
Before he became the CFO working to fix Cott, Juan Figuereo did nearly a career's worth of emerging market work for PepsiCo and Wal-Mart. He learned much about deals along the way...
Posted on March 12, 2008 2:27 PM
Financing for giant leveraged buyouts is nonexistent. Junk bond spreads are widening and, as the WSJ points out Wednesday morning, leveraged loans from past buyouts are trading at a deep discount. And here comes...
Posted on February 6, 2008 10:47 AM
Indian telecom giant Bharti Airtel Ltd. has created 'India with Airtel' -- a strategic partnership program focusing on providing leading international carriers an opportunity to partner with Airtel. Among the telecom services offered are: managed data and Internet services...
Posted on January 15, 2008 11:26 AM
The world's financial giants have bought multiple minority stakes, aiming to partner in the historic opening of the Chinese financial sector. What will it take to make these deals really work?
Posted on October 15, 2006 8:20 PM
1
2
Next
Movable Type search results powered by Fast Search
Juergen Lasowski
And the winners are...
