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Entries tagged "Germany"Porsche rejected for $2.4B in car financingLuxury carmaker Porsche has been turned down for a $2.44 billion loan from the German government. Achtung! Why the feds should watch GermanyA German state has doled out too many corporate bailouts and may go bankrupt. Could the same fate befall the U.S.? Kyocera bids for Triumph-AdlerBack in September German copy machine maker Triumph-Adler AG caught employees at one of its biggest units scheming to set up their own company to lure away customers. The scandal was soon eclipsed by the global financial crisis, and the news that Germany, along with the euro-zone economies, was in a recession. ... Germany in recession, OECD issues gloomy forecastGermany is officially in recession and, according to a new forecast by the Organization for Economic Cooperation and Development, the rest of the world's developed economies are in a downturn as well, with further contraction coming in 2009. ... EU bailout talk divides Germany and FranceAs the Senate passed the $700 billion Wall Street bailout package and House approval looked increasingly likely, a debate was raging in Europe about whether to craft a similar remedy for the 27-nation EU.... Barclays Private Equity bids for Germany's ComputerlinksIt's turning into a good week for middle-market private equity firms that are out bargain hunting for companies with beaten-down stock prices, as Barclays Private Equity announced a $161.7 million offer for German computer equipment maker Computerlinks AG.... More Daiichi detailsThe Daily Deal reported Wednesday on Japanese drug firm Daiichi Sankyo Co. Ltd.'s $235 million takeout of German biotech U3 Pharma AG, but a few questions for Daiichi went unanswered because of the 16-hour time difference. An e-mail Thursday morning and more time to dig have shed more light on the deal. ... Soapbox: Think globally, act locallyIn The Deal International, Carsten T. Gromotke, a partner in charge of international law firm Jones Day's German antitrust practice, examines antitrust issues in Germany. Ever since the General Electric Co.-Honeywell International Inc. debacle in 2001, dealmakers on both sides of the Atlantic are well aware that European merger approval cannot always be taken for granted, even if involving transactions between parties that have their headquarters and principal business outside Europe. ... Native Americans expand beyond reservationsIt seems Native Americans are taking their successful casino experience beyond their reservations. Two weeks after the Seminoles of Florida acquired the Hard Rock Cafe from Rank Group plc for $965 million, the Mashantucket Pequot Tribal Nation of Connecticut, who operate the Foxwoods Casino, have won a slot machine license to open a casino in Philadelphia. Considering the Pequot's success in wooing New Yorkers away from Atlantic City, N.J., they should have no trouble convincing Philadelphians to stay home rather than driving an hour to gamble. The Pequot win means the tribe will follow neighboring Connecticut tribe the Mohegans into... Still holding on...Johnson & Johnson just can’t let Guidant go. The New Brunswick, N.J.-based healthcare titan improved upon its $21.5 billion bid – which it originally lowered from $25.4 billion, but has now upped to $23.2 billion – for the Indianapolis heart device maker yesterday, which the Guidant board approved. The greater offer price was in response to a bid by Boston Scientific Corp., J&J’s Natick, Mass.-based rival to take Guidant for $25 billion. The company was slated to approve toe offer yesterday, before J&J coughed up the additional chunk of change. Boston Scientific, however, has vowed to continue to fight for... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Germany." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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