Peabody Energy Corp. and ArcelorMittal went hostile on Monday with their takeover bid for Australia's Macarthur Coal Ltd., taking their sweetened A$4.7 billion ($5.1 billion) offer directly to shareholders. The hostile bid may point to "the start of a super cycle of M&A that's going to be fed by obvious demand from Chinese and Indian steelmakers in particular," says Scott Sonnenblick, a partner at law firm Linklaters, in this video interview with The Deal Pipeline. For more on Peabody Energy and ArcelorMittal's latest moves, read "Peabody, ArcelorMittal launch hostile Macarthur bid," and for more on a possible competing offer, read "Citic could make a move on Macarthur." - Sarah Hashim-Waris
New York private equity firm Blue Wolf Capital Partners LLC added Victor C. Caruso as a senior adviser to look for investments in the aerospace and defense industries. For other updates launch today's Movers & shakers slideshow.
The member of the House Financial Services Committee is sponsoring a bill that would give small public companies conducting IPOs more comfort that they can complete their issuance even if they cross thresholds that would disqualify them from taking advantage of the JOBS Act. More video