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

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

Posted on June 30, 2009 at 8:31 AM
Filed under: CD Community | Law
Tagged: dell inc. , ibm corp.

Midafternoon Friday we told you that U.S. District Judge Stephen Robinson had ruled that David Johnson, IBM Corp.'s (NYSE:IBM) former vice president for corporate development, can work at rival Dell Inc. (NASDAQ:DELL) during IBM's suit against him. IBM is suing Johnson, arguing his move to Dell violates a noncompete agreement,...  Continue reading

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

Posted on June 26, 2009 at 2:46 PM
Filed under: Careers | Law | Movers & Shakers | People
Tagged: Dave Johnson , Dell , IBM , noncompete clause

For now, that is. U.S. District Judge Stephen Robinson says Dave Johnson, IBM Corp.'s (NYSE:IBM) former vice president for corporate development can work at rival Dell Inc. (NASDAQ:DELL) during its suit against Johnson. IBM claims Johnson is violating a noncompete clause by going to work for Dell. Bloomberg News picked...  Continue reading

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

Posted on June 24, 2009 at 11:15 AM
Filed under: Acquisitions | Careers | Growth Strategy | Law | Movers & Shakers | People
Tagged: David Johnson , Dell Inc. , Elias Mendoza , IBM , Morgan Stanley

The latest: IBM Corp. (NYSE:IBM) named Elias Mendoza, who joined the company three years ago from Morgan Stanley (NYSE:MS), to head its corporate development  team. IBM made the move as it battles former M&A chief David Johnson in court, who was lured away by rival Dell Inc. (NASDAQ:DELL).Dell has long...  Continue reading

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

Posted on May 18, 2009 at 3:50 PM
Filed under: Detroit Breakdown | Law
Tagged: Chrysler LLC , ford motor co. , general motors corp.

The White House is expected on Tuesday to announce new emissions standards that would cut greenhouse gas emissions from new cars and trucks by 30% by 2016. That's bad news and good news for domestic automakers already scrambling to restructure their operations and restore profitability. Automakers have long fought tougher...  Continue reading

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

Posted on May 11, 2009 at 4:17 PM
Filed under: Acquisitions | Case Studies | Joint Ventures and Alliances | Law
Tagged: Christine Varney , DOJ , Google , Microsoft , Section 2 of the Sherman Act

As expected, Justice Department antitrust chief Christine Varney erased a policy the Bush administration set in place that made it difficult to pursue antitrust cases against big firms, such as Microsoft Corp. (NASDAQ:MSFT) and Google Inc. (NASDAQ:GOOG). Varney said in a statement that "the division will return to tried and...  Continue reading

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

Posted on May 11, 2009 at 11:47 AM
Filed under: Acquisitions | Case Studies | Corporate Strategy | Law
Tagged: Pepsi Bottling Group , PepsiAmericas , PepsiCo , poison pill

Instead of raising its $6 billion cash-and-stock bid for its two biggest bottlers, PepsiCo Inc. (NYSE:PEP) filed suit in Delaware against Pepsi Bottling Group Inc. (NYSE:PBG) and certain of its directors. The suit claims the bottling group's board kept Pepsi in the dark about a meeting where it adopted...  Continue reading

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

Posted on May 11, 2009 at 9:06 AM
Filed under: Acquisitions | CD Community | Law | People
Tagged: Bush administration , Christine Varney , Department of Justice , Obama administration

Serial dealmakers beware. An Associate Press report, citing an Obama administration official, says the Justice Department will revert antitrust guidelines put in place by the Bush administration back to those similar to the Clinton administration.The new agenda, which would make it easier to pursue antitrust cases against big firms, is...  Continue reading

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

Posted on May 5, 2009 at 9:04 AM
Filed under: Best Practices | Careers | Corporate Strategy | Joint Ventures and Alliances | Law | People
Tagged: Apple Inc. , Arthur Levinson , Clayton Antitrust Act of 1914 , Eric Schmidt , FTC , Google , iPhone , Twitter

Google Inc. (NASDAQ:GOOG) CEO Eric Schmidt and former Genentech Inc. chief executive Arthur Levinson sit on the boards of both Google and Apple Inc. (NASDAQ:AAPL). According to The New York Times, that isn't sitting well with the Federal Trade Commission, who thinks it violates the Clayton Antitrust Act of 1914,...  Continue reading

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

Posted on May 1, 2009 at 1:55 PM
Filed under: Acquisitions | Case Studies | Corporate Strategy | Deal International | Law | People | Sector Watch | Trends
Tagged: ACCC , China Minimetals , China Non-Ferrous , Chinalco , FIRB , Fortescue , Hunan Valin , Kevin Rudd , Lynas Corp. , Malcolm Turnbull , Oz Minerals , Rio Tinto , Wayne Swan

The deal: Aluminum Corp. of China, known as Chinalco, would acquire assets and stock in debt-laden mining giant Rio Tinto plc (NYSE:RTP) for $19.5 billion.The pols: Prime Minister Kevin Rudd (pictured), Australian Parliament Opposition Leader Malcolm Turnbull and Australian Treasurer Wayne Swan.The worry: Will China gain too much control of...  Continue reading

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