Global merger and Acquisitions
NEW YORK/LONDON Banks are increasingly aggressive about providing capital for leveraged buyouts and refinancings, but despite the availability of credit, large leveraged buyouts remain elusive.
LONDON/NEW YORK Private equity firms are turning to deep-pocketed sovereign wealth and pension funds as they chase bigger deals, avoiding the often uneasy partnerships with rivals that marked boom-time deals.
NEW YORK Bankers from North America to Europe expect their bonuses to rise 10 percent or more this year despite regulators' efforts to curb financial sector compensation in the wake of the 2008 industry bailouts.
NEW YORK Wall Street dealmakers have spoken: Warren Buffett's former aide David Sokol violated ethics.
NEW YORK Rooting out one dishonest investment banker amongst the hundreds who sign confidentiality agreements for a merger is virtually impossible despite the checks and balances banks put in place.
HONG KONG Stock exchanges in Asia will explore ways to consolidate as it is key to their survival, though full-blown mergers would need to be structured in a way that allays the concerns of nationalistic governments in the region, dealmakers said.
NEW YORK The nationalistic fervor that threatens to kill takeovers of some of the world's top stock exchanges is expected given the history and pride involved, top M&A bankers said on Wednesday, with one saying Australia's strong resistance "has thrown down the gauntlet."
NEW YORK U.S. real estate merger and acquisition activity has rebounded strongly this year and is likely to keep percolating, investment bankers at the Reuters Global Mergers and Acquisition Summit said on Wednesday.
NEW YORK Regulatory uncertainty and a lack of willing sellers may lead some U.S. banks to return capital to shareholders through share buybacks and dividends instead of gobbling up rivals -- for now.
NEW YORK The blockbuster initial public offering of General Motors Co has refueled investors' appetite for the long-ignored auto sector and bodes well for other sector companies expected to tap the public market after sweeping restructurings.
NEW YORK An improved U.S. IPO market is a big boost for buyout-backed portfolio companies that have no other obvious exit route because their business models are not particularly attractive to rivals or they are too big.