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 3:05 PM
Filed under: Middle market | People | Sector Watch | Trends
Tagged: Brian Fan , Deloitte , Greentech Capital Advisors , Jeffrey McDermott , The Cleantech Group , UBS , venture capital

After a recent falloff, it looks like the cleantech sector is showing signs of a turnaround. The Cleantech Group, a provider of global market research, events and advisory services for the cleantech sector, along with Deloitte, released preliminary second-quarter results for clean technology venture investments in North America, Europe, China...  Continue reading

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Posted on July 1, 2009 at 8:39 AM
Filed under: Careers | Corporate Strategy | Middle market | Movers & Shakers | People
Tagged: AOL , Colbert Narcisse , FDIC , Gregory Webster , HSBC , Ivar Eilertsen , Ken Kharbanda , Merrill Lynch , Petrina Dawson , Thomas Shelton

With advice from M&A veterans such as Merrill Lynch & Co.'s former COO of Americas investment banking, Colbert Narcisse, and Ken Kharbanda, AOL LLC's former head of corporate development, startup People Capital is looking to address a growing problem in the U.S. resulting form the economic crisis. The firm is...  Continue reading

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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

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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 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 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

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Posted on June 23, 2009 at 1:01 PM
Filed under: Careers | Corporate Strategy | Information Technology | Middle market | Movers & Shakers | People
Tagged: C.P. Gurnani , Mahindra Satyam , Ramalinga Raju , S. Durgashankar

On Sunday, Satyam Computer Services Ltd. was re-branded as Mahindra Satyam after Tech Mahindra Ltd. emerged as the highest bidder in a global auction for a controlling stake in the fraud-hit Indian IT outsourcer.Earlier this year, Satyam chairman and founder Ramalinga Raju admitted that Satyam's balance sheet was inflated by...  Continue reading

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Posted on June 22, 2009 at 11:24 AM
Filed under: Acquisitions | Careers | Deal International | Growth Strategy | Middle market | Movers & Shakers | People | Sector Watch | Trends
Tagged: Alexander Dyukov , Gazprom , Gazprom Neft , Lukoil , Pavlodar , Petrol , Russneft , Sibir Energy , Stuard Detmer

As oil prices rebound -- almost doubling in price per barrel since December -- Russian oil giant OAO Gazprom's oil arm may issue up to $1 billion in bonds to support its quest for acquisitions.Gazprom Neft's chief executive Alexander Dyukov said it is in talks with Russian oil firm...  Continue reading

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Posted on June 18, 2009 at 12:44 PM
Filed under: Acquisitions | Corporate Strategy | Divesting and Restructuring | Growth Strategy | People
Tagged: Brenda Barnes , George Chappelle , Goldman Sachs , International Household & Body Care , Sara Lee

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...  Continue reading

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