6 result(s) displayed (1 - 6 of 6):

One way Kraft-Cadbury is like Mars-Wrigley (from Corporate Dealmaker)

One big difference between Kraft Foods Inc.'s (NYSE:KFT) bid for Cadbury plc (NYSE:CBY) and Mars Inc.'s purchase of Wm. Wrigley  Jr. Co. last year is in the multiple Kraft is proposing to pay: 11.6 times Cadbury's estimated 2009 Ebitda, whereas Wrigley changed hands at a multiple of 17.6, according to...

Posted on September 9, 2009 10:55 AM

Deals by Dow, HP, Mars all call for integration by injection (from Corporate Dealmaker)

At one end of the integration spectrum is the consolidation approach. Recent example:  the proposed acquisition of Allied Waste Industries Inc. of Phoenix by Republic Services Inc. of Ft. Lauderdale, Fla., which will produce a bigger waste management company based in Phoenix and operating under the Allied name. At the...

Posted on July 11, 2008 4:58 PM

Nike stint, Mars deal rewarding for Wrigley CEO Bill Perez (from Corporate Dealmaker)

Earlier we noted the big payday ahead for Wm. Wrigley Jr. Co. execs if the acquisition of their company by Mars Inc. goes forward as expected. That post focused on svp for worldwide strategy Peter Hempstead. Below, compensation consultant Jack Dolmat-Connell fills in the picture for Wrigley CEO Bill Perez....

Posted on May 1, 2008 2:19 PM

Big payday for Wrigley execs, including strategy SVP (from Corporate Dealmaker)

Mars Inc.'s $23 billion acquisition of Wm. Wrigley Jr. Co. will produce some big paydays for key execs at the target. Take Wrigley's dealmaker Peter Hempstead, for example. The senior vice president of worldwide strategy and new business will reap $15.94 million from the sale of his stock, according...

Posted on April 29, 2008 12:52 PM

The price of gum and other valuation vicissitudes (from Corporate Dealmaker)

At a purchase price of $23 billion, Wm. Wrigley Jr. Co., we learned Monday, is worth 32 times expected 2008 earnings to Mars Inc., and somewhat less to Warren Buffett. His Berkshire Hathaway Inc. gets to buy a 10%-plus equity stake in Wrigley at a discount (surprise, surprise), though we...

Posted on April 29, 2008 12:28 PM

Another sweet deal for Buffett to tout at Berkshire jamboree next week (from Corporate Dealmaker)

It's a candy deal, but not a cookie-cutter transaction by any means. And since Mars Inc.'s $23 billion deal to buy chewing gum maker Wm. Wrigley Jr. Co. happened with a major assist from Berkshire Hathaway Inc., Warren Buffett has yet another object lesson in applying creative solutions to basic...

Posted on April 28, 2008 5:23 PM