Uncertainty for middle-market companies has bled into the decision-making process, says Tom McGee, national managing partner of Deloitte Growth Enterprise Services at Deloitte & Touche LLP. However, McGee adds that companies have done a good job managing within that uncertain space. The Deal Pipeline caught up with McGee at the 11th annual Yale School of Management Private Equity Conference, where he also discussed middle-market companies' love affair with investing in technology, as well as trends in the midmarket space involving BRICs. - Sarah Hashim-Waris
Santander Holdings USA Inc. recently named T. Timothy Ryan Jr. as nonexecutive chairman of the board of directors of Santander Holdings and of Santander Bank NA. For other updates launch today's Movers & shakers slideshow.
Royal Philips announced an agreement to acquire San Diego healthcare imaging company Volcano for $1.2 billion as CEO Frans van Houten rebalances the Dutch electronics company towards medical devices. More video