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

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Posted on July 1, 2009 at 9:40 AM
Filed under: Deal International | Intellectual property | Research and development
Tagged: Laboratorios Farmaceuticos Rovi , licensing , Novavax

With big pharmaceutical companies looking to load their pipelines and biotechnology firms looking for capital to keep afloat, licensing deals between the two are a mainstay of the industry. And as such, not every deal gets a mention here. But a transaction announced Tuesday involving Novavex Inc. (NASDAQ:NVAX) and the...  Continue reading

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Posted on June 30, 2009 at 12:40 PM
Filed under: Acquisitions | Best Practices | Deal International | Law
Tagged: Barclays , Bharti Airetel , BNP Paribas , HSBC , J.P. Morgan , MTN Group , Office of Foreign Assets Control

The good news for Africa's No. 2 cell-phone operator MTN Group Ltd. may ultimately turn sour for investor J.P. Morgan Chase & Co. (NYSE:JPM).  According to The Economic Times, J.P. Morgan is one of a handful of banks providing $500 million apiece to finance No. 1 Indian cell-phone company...  Continue reading

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Posted on June 29, 2009 at 3:29 PM
Filed under: Acquisitions | Corporate Strategy | Deal International | Growth Strategy | Joint Ventures and Alliances | Middle market | Sector Watch | Trends
Tagged: Bayer , Eli Lilly , FCCB , Merial , Novartis , Pfizer , Provimi , Sanofi , Vétoquinol , Virbac , Wockhardt , Wyeth

In a broader effort to focus on its human pharmaceutical business and raise cash (as well as investor confidence), Indian generic drug maker Wockhardt Ltd. is selling its animal health division to France's Vétoquinol. The deal marks Vétoquinol's entrance into India. Earlier this month, Wockhardt sold its German business Esparma...  Continue reading

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Posted on June 26, 2009 at 1:45 PM
Filed under: Corporate Strategy | Deal International
Tagged: Porsche , Qatar Investment Authority , Quelle GmbH , Volkswagen

Maybe not. Maybe when German Chancellor Angela Merkel met President Obama at the White House Friday, the economic discussion will be on higher-level issues, like why Germany doesn't stimulate enough (the U.S. view) and why the U.S. does it too much (the German opinion).Still, given the role that Fiat SpA...  Continue reading

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Posted on June 26, 2009 at 12:30 PM
Filed under: Corporate Strategy | Deal International | Divesting and Restructuring
Tagged: earnings , Jaguar , job cuts , Land Rover , Tata Motors

Tata Motors Ltd., which spent $2.4 billion acquiring the Jaguar and Land Rover brands from Ford Motor Co. (NYSE:F) a year ago, just reported its first annual loss in at least seven years as the recession strangled sales in its luxury unit. Tata lost about 25 billion rupees ($520 million)...  Continue reading

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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

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Posted on June 24, 2009 at 4:25 PM
Filed under: Corporate Strategy | Deal International
Tagged: GRI Group , Jones Apparel Group Inc.

Jones Apparel Group Inc. (NYSE:JNY) has upped its stake in licensee GRI Group Ltd. to 25%. The retailer, whose brands include Jones New York, Nine West, Easy Spirit, and Albert Nipon, injected another $15 million in GRI, which licenses Jones brands in Asia and Europe. Jones chief executive Wesley R....  Continue reading

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Posted on June 24, 2009 at 1:19 PM
Filed under: Corporate Strategy | Deal International | Growth Strategy | Information Technology | Joint Ventures and Alliances | People
Tagged: Anand Chandrasekher , Conan O'Brien , Intel , Nokia , smart phones , Tonight Show

Intel Corp. (NASDAQ:INTC) and Nokia Corp. (NYSE:NOK), which have worked together on research projects, will now turn to the task of manufacturing, collaborating on smartphones and perhaps a new class of wireless device. Intel, the world's largest computer chipmaker, will sell chips to Nokia, while licensing some of Nokia's modem...  Continue reading

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Posted on June 23, 2009 at 10:23 AM
Filed under: Corporate Strategy | Deal International | Detroit Breakdown | Growth Strategy | Joint Ventures and Alliances | Middle market | Sector Watch | Trends
Tagged: DoE , electric car , NEC Corp. , Nissan Motor , Renault SA , Toyota , zero-emission

Japan's Nissan Motor Co. Ltd. (NASDAQ:NSANY), slated to receive a piece of the $25 billion the U.S. Department of Energy set aside for makers of fuel-efficient cars, will debut its first electric vehicle in August. Nissan plans to sell the cars -- with a 100-mile battery life -- in Japan...  Continue reading

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