25 result(s) displayed (1 - 25 of 73):
Wal-Mart Stores Inc.'s senior director of M&A, Luis Castellanos-Torres, spoke on the ins and outs of dealmaking at the Corporate Dealmaker Forum on Thursday. With China attracting $84 billion in foreign investment, Castellanos-Torres said that having a strong presence in China is very important for Wal-Mart from an acquisitions prospective....
Posted on October 2, 2008 3:22 PM
Like its bigger competitor Billabong International Ltd., surf and skatewear maker Volcom Inc. is making deals to expand its product line and take control of its retail channel. On Tuesday Volcom announced it is acquiring its distributor in Japan for an undisclosed amount. Billabong recently purchased DaKine Hawaii Inc., a...
Posted on September 2, 2008 11:50 AM
Hong Kong-based Li & Fung Ltd. is making acquisitions, taking advantage of U.S. retail companies hurt by the current economic slump. One of those companies is U.S. handbag importer Van Zeeland Inc., which sells flagship labels such as Kathy Van Zeeland Handbags, B. Makowsky and Tignanello to Macy's Inc. and...
Posted on August 13, 2008 1:47 PM
There is no packaged deal for TNT NV yet. United Parcel Service Inc. may be looking to acquire abroad, but probably not in Europe. UPS denied speculation that it would bid $15 billion for its Dutch rival, claiming the deal would devalue its own shares.Due to an increase in the...
Posted on August 11, 2008 10:58 AM
GlaxoSmithKline plc is shaking up its strategy. According to the company, it is looking to boost growth and reduce risk by diversifying its global operations through M&A and alliances. With generics crowding the market, it's a popular strategy for drugmakers, including Novartis AG and Johnson & Johnson. According to GSK...
Posted on July 23, 2008 11:28 AM
IBM Corp. knows it. Procter & Gamble Co. knows it. And Caterpillar Inc. knows it too: A strong presence in fast-growing emerging markets does wonders for a company's results.Cat's second-quarter earnings, released Tuesday, shot up 34% thanks to the company's sales in developing economies in Asia, South America and elsewhere....
Posted on July 22, 2008 4:17 PM
Walgreens plans to slow down its organic growth strategy to make acquisitions and investments. The company announced that it plans to scale back its aggressive expansion through new store openings in 2009. This year the company is opening more than 500 new stores, but plans just 495 new stores next...
Posted on July 11, 2008 12:59 PM
Campbell Soup Co. has scooped up Wolfgang Puck's organic soup business from Country Gourmet Foods and entered into a licensing agreement with Wolfgang Puck Worldwide Inc. The acquisition will extend Campbell's reach in the organic market, a higher-growth part of the food industry. The company has spent the last year...
Posted on July 1, 2008 1:12 PM
More interesting international moves from Coca-Cola Co. Coke just downed Danish brewer Carlsberg A/S' two mineral water brands, Kildevæld and Kurvandin, in a deal worth $225 million. Through the deal Coca-Cola also acquires the soft drink brand Hyvaeae Paeivaeae and enters into a license agreement regarding the energy drink Battery...
Posted on June 27, 2008 3:39 PM
As we noted on Wednesday, former Canadian Telecom BEC Inc. president of operations Patrick Pinchette has taken over as CFO at Google Inc. The search giant spent nearly a year looking for a top finance executive, and on Friday, Fortune reported on what a good fit Pinchette is for the...
Posted on June 27, 2008 11:29 AM
What deals will Kraft Foods Inc. do?The question -- which had engaged the consumer products world even before the food giant's spinoff from Altria last year -- gained new urgency this week after the Mars Inc.-Wm. Wrigley Jr. Co. deal was announced. Wednesday morning the company offered a hint or two,...
Posted on April 30, 2008 1:22 PM
The healthcare information technology space is hot, and we are continuing to follow the consolidation. In the latest deal, health insurer WellPoint, Inc. is acquiring Resolution Health Inc., a personal healthcare guidance company. Terms of the deal were not disclosed.The acquisition was two years in the making. WellPoint had hired...
Posted on April 17, 2008 2:26 PM
Wednsday IBM Corp. CFO Mark Loughridge told Reuters that Big Blue likes the look of the current acquisition landscape. "If you look at the first half of last year, valuations were pretty stiff," he said. "Valuations are coming more in line. We think it's an environment with solid opportunities."Comments on...
Posted on April 17, 2008 1:04 PM
As the joint venture between London's SABMiller plc and Denver-based Molson Coors Brewing Co. moves closer to fruition, receiving regulatory approval from the European Union on Monday, Anheuser-Busch Cos. global industry EVP Bob Lachky gave some commentary on his rivals' move. In an interview...
Posted on April 7, 2008 4:14 PM
Stephen Sellhausen, previously a managing director with Citigroup Global Markets Inc., has moved to the New York office of Dover Corp. The manufacturer should keep him busy; they've acquired 24 companies in the past three years, including seven in 2007. In March, Dover announced the acquisition of Canada's Lantec...
Posted on April 4, 2008 9:01 AM
There was an intriguing tidbit in the upbeat results that BlackBerry maker Research In Motion Ltd. reported Wednesday: In the fiscal quarter just ended (which saw revenue surge 102% above the same period a year ago), the company also spent $310 million acquiring intangible assets. What did they buy? No...
Posted on April 3, 2008 4:36 PM
Christine Arakelian, Omnicare Inc.'s vice president of business development, spoke about the importance of integration at The Deal's Healthcare Dealmaking Symposium. "Integration is front and center in any deal of significance for the company," she said, and went on discuss the various ways that...
Posted on April 2, 2008 4:16 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
When it comes to selling a business, planning is everything. In the first of a two-part series, an experienced divestor explains.
Posted on March 12, 2008 2:10 PM
Information storage provider Iron Mountain Inc. has named Bob Brennan as CEO. Brennan plans to use his strong background in M&A and corporate growth to drive business past $3 billion in revenues this year. "We are expanding geographically, and acquisition is definitely central to our strategy going forward," he...
Posted on February 28, 2008 4:33 PM
We've been keeping up with beverage giant Coca-Cola Co., telling you about its deals (Honest Tea, Glaceau, etc.) and corporate strategy. But make no mistake: The company thinks it can meet its long-term growth goals (revenue growth of 5% to 6% is one) organically. In this report, chief financial officer...
Posted on February 22, 2008 5:33 PM
ABB Ltd. chief executive Fred Kindle is leaving the Swiss power and automation technology firm because of "irreconcilable differences about how to lead the company." Kindle, who joined the firm in September 2004 and took over as president and CEO in January 2005, returned ABB to profitability after it...
Posted on February 13, 2008 3:49 PM
One quarter doesn't determine the success of a deal, but quarterly earnings reports do offer a chance to check up on how various acquisitions have fared since they closed. The headliner for this quarter would have to be last year's pharmacy chain merger of equals between CVS Corp. and Caremark...
Posted on January 31, 2008 2:23 PM
Getty Images Inc. has hired adviser Goldman, Sachs & Co. and counsel Weil, Gotshal & Manges LLP to explore strategic alternatives. The firm added some heft early last year. In February...
Posted on January 22, 2008 10:36 AM
Just after the company announced a $1.2 billion deal for Norway's Fast Search & Transfer ASA, Microsoft Corp.'s vice president of corporate development, Bruce Jaffe, said he's leaving the firm at the end of February. Jaffe, who has a 12-year tenure at the firm, has seen the company through 20 acquisitions during the last...
Posted on January 10, 2008 5:34 PM
1
2
3
Next
Movable Type search results powered by Fast Search
Juergen Lasowski
And the winners are...
