Mergers & Acquisitions

UPDATE 1-KKR starts infrastructure group Friday, 16 May 2008

(Adds background about other infrastructure funds in paragraphs 2-4, fund size from source in paragraph 3, bylines)  Full Article

 
RLPC-Alliance Boots banks sell part of 9.02 bln pounds loan Friday, 16 May 2008 

LONDON May 16 (Reuters) - The eight-strong bank group behind Alliance Boots' [AB.UL] 9.02 billion pounds hung buyout financing has already sold some of the first and second lien loans to investors and expect to announce further sales early next week, banking sources close to the deal said.  Full Article 

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Carl Icahn has been a little bit busy, as today’s Yahoo news illustrates. But ever since that memorable February day when he promised to deliver his trademark brand of incisive commentary to the blogosphere, we’ve been waiting.   Go to Blog 

 

Top Global M&A Deals

Announced last week (3 May to 9 May 2008)

TargetAcquirerValue $M
Clearwire Corp (USA)Sprint Nextel Corp (USA)7,400.0
Credit Card Receivables (USA)JPMorgan Chase & Co (USA)3,600.0
Clearwire Corp (USA)Intel Corp & Google & Comcast & Time Warner Cable & Bright House Networks (USA)3,200.0
Japanese consumer loan business of GE (JPN)Acom Co Ltd (JPN)2,866.3
New Venture Comprising Retail Business of Carphone Warehouse Group PLC (GBR)Best BUY Co Inc (USA)2,125.7
Enodis PLC (GBR)FNI Limited (GBR)2,010.6
Taylor Nelson Sofres PLC (GBR)WPP Group Plc (GBR)1,937.4
RHB Capital Bhd (MYS)Abu Dhabi Commercial Bank PJSC (ARE)1,222.5
AFP Capital SA (CHL)ING Compania de Inversiones y Servicios Limitada (CHL)723.7
MCB Bank Ltd (PAK)Malayan Banking Bhd (MYS)679.8

Top Industries: Global M&A

Announced in the last 13 weeks (9 Feb to 9 May 2008)

IndustryDealsValue $M
Financials2,384112,219.9
Industrials2,45678,650.0
Basic Materials1,20769,132.4
Non-Cyclical Consumer Goods / Services1,15446,288.6
Cyclical Consumer Goods / Services1,82040,037.6
Energy50036,861.1
Healthcare49136,273.3
Telecommunications Services23731,726.6
Technology1,10827,116.8
Utilities37422,815.5
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Execs defend humans in high-tech markets Saturday, 10 May 2008

NEW YORK (Reuters) - The heads of the world's biggest stock exchanges agree there is still room for the "human element" in a high-speed trading environment that has aggressively gone electronic.  Full Article 

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