Blog Profile / Deal Journal - WSJ.com
| URL : | http://blogs.wsj.com/deals/?mod=WSJBlog | |
|---|---|---|
| Filed Under: | Business & Finance | |
| Posts on Regator: | 10727 | |
| Posts / Week: | 46.2 | |
| Archived Since: | December 12, 2008 | |
Blog Post Archive
Cerberus Dives Deeper for CMBS Returns
Investors like Cerberus Capital Management are seeking control over the billion-dollar deals with purchases of the most subordinated parts of the structure, typically the bottom 7% or less.
Southeastern: Dell Doesn’t Need to Go Private and Kick us Out
Southeastern Asset Management, the biggest outside shareholder of Dell Inc., doesn't believe that the company has to shed its public shareholders (read: Southeastern itself) to transform its results.
Southeastern Still Unhappy With Dell’s Deal
Southeastern Asset Management, Dell Inc.'s largest independent shareholder, said the struggling PC-maker failed to make a convincing case in its proxy filing for shareholders to accept a $24.4 billion buyout offer from founder and CEO Michael Dell and Silver Lake Partners.
SeaWorld IPO Could Raise $621 Million
SeaWorld Entertainment Inc. said its initial public offering will raise up to $621 million, what would amount to one of the biggest IPOs of the year.
Bank of America Merrill Lynch Asia Debt Head Departs
Bank of America Merrill Lynch's head of debt capital markets for Asia has left the firm just weeks after being promoted to the position.
UBS Outlines Worst-Case Scenario for Cathay Pacific
Airline stocks across Asia have been hit by the outbreak of H7N9 bird flu in China and analysts at UBS AG have crunched the numbers to offer some perspective on Hong Kong's Cathay Pacific, which has endured worse outbreak-related pain in the past.
Hanlong Faces Hefty Loss On Sundance Resources Stake
China’s Sichuan Hanlong Group is facing more than just a blow to its pride after an offer worth 1.18 billion Australian dollars (US$1.23 billion) to acquire full control of Africa-focused iron ore miner Sundance Resources collapsed.
STX Group Asks Korea Development Bank to Buy its Shipping Unit
Liquidity-starved STX Group has asked its main creditor to buy its $231 million, 35.93% shipping unit stake after receiving no bids for it late last month.
UBS Australia Head of Hedge Fund Sales Moves to New York
UBS AG’s Australian head of hedge fund sales Thomas Anglin has relocated to New York as part of the creation of a new global sales desk, according to an internal memo obtained by Deal Journal Australia.
Asian Issuers Relishing Demand for Junk Bonds
Higher-risk Asian companies are rushing to sell long-term bonds, some for the first time, as they take advantage of strong demand and cheap borrowing costs.
Will Ron Johnson be Apple’s Prodigal Retail Genius?
J.C. Penney ousted its CEO Ron Johnson earlier today, and now blogs are poking at Tim Cook, Apple's CEO, to hire Johnson back.
Ackman Thought Johnson Could Turn Around ‘Titanic’ JCPenney
Ron Johnson and Bill Ackman both said they were turning around a "Titanic" at J.C. Penney. Now one of them has sunk.
Carlyle Says Funds Climbed 7% in First Quarter
Carlyle Group LP said Monday that the value of the investment funds in which it collects a portion of the profits rose 7% during the first three months of the year, in a sneak peak into the Washington, D.C. firm’s quarterly results.
Analysts Debate GE’s $3.3 Billion Price Tag for Lufkin
General Electric’s $3.3 billion purchase of oilfield-services company Lufkin Industries has started a bit of a debate in the industry over the price of the deal.
India’s Reliance Communications in Talks for Undersea Cables Sale
India’s Reliance Communications Ltd. is seeking to raise around $800 million by selling a majority stake in one of its units to a consortium of investors led by Bahrain Telecommunications Co., or Batelco, two people familiar with the matter said Monday.
Regulators Get Ready to Designate Systemically Important Nonbanks
Companies such as Prudential Financial Inc., American International Group Inc. and GE Capital could soon find out whether they will face stricter government oversight as policy makers prepare to identify which nonbank financial companies pose a risk to the financial system.
Deals of the Day: GE to Buy Lufkin for $3.3 Billion
Deals of the Day compiles this morning’s biggest news about mergers and acquisitions, banking, bankruptcy and more.
GE Adds to its Bolt Collection with $3.3 Billion Lufkin Deal
General Electric is adding another bolt in its energy business with its $3.3 billion Lufkin purchase.
Italian Mobile Deal Would Help Hutchison Whampoa: Credit Suisse
Reuters
A merger involving its Italian mobile operator would give much-needed support to Hutchison Whampoa Ltd., which is trading at a big discount to the sum of its parts, analysts at Credit Suisse AG say.
Telecom Italia SpA confirmed...Show More Summary
KKR Hires Deutsche Bank Leveraged Finance Managing Director
KKR & Co. has bolstered its Australian ranks, poaching Deutsche Bank managing director Diane Raposio.