Coverage: GE selling real estate holdings
General Electric Co. is close to selling its $30 billion real estate portfolio to several financial firms. While the details weren’t clear, it’s a big step for the company to move away from finance and refocus on its core manufacturing business. The New York Times story by David Gelles had these details about the sale: […]
Coverage: The year’s biggest LBO
In the year’s biggest leveraged buyout, data-software company Informatica will be taken private by Permira Advisers and the Canada Pension Plan Investment Board. The Wall Street Journal story by Gillian Tan had these details about the deal: Data-software company Informatica Corp. agreed to be bought by Permira Advisers LLC and the Canada Pension Plan Investment Board for $5.3 […]
Dealreporter seeks M&A reporter in Hong Kong
Dealreporter has a vacancy for a financial journalist in its Hong Kong office. This is a great opportunity for a reporter keen to enter into the exciting world of investigative business journalism. The role is with a fast-paced news service publishing real-time scoops on high-profile companies. The right candidate will enjoy intellectual challenges and be […]
Coverage: UnitedHealth buying pharmacy-benefit company
UnitedHealth Group Inc. is betting that the next wave in health coverage is going to be pharmacy related. It is spending more than $12 billion to buy Catamaran in a move to counter rising drug costs. The Wall Street Journal story by Anna Wilde Mathews and Joseph Walker had these details about the sale: UnitedHealth […]
Coverage: Kraft to be purchased by private equity firm
Private-equity firm 3G Capital is looking to purchase Kraft Foods and its ubiquitous blue boxes of macaroni and cheese. The deal would add another consumer brand to its holdings, as the firm bets no one will give up pasta and ketchup. Dana Cimilluca, Dana Mattioli and Annie Gasparro broke the story for The Wall Street […]
Reuters names new leaders for M&A coverage
Paritosh Bansal, finance editor at Reuters, sent out the following announcement on Monday: I am pleased to announce new leaders for our Americas M&A team: Greg Roumeliotis will become our next M&A EIC for the Americas, while Nadia Damouni will be our new Team Leader for the M&A team. Greg will report to Dan Wilchins, our acting finance editor, […]
Law360 seeks M&A reporter
Law360 is looking for a senior reporter to cover mergers & acquisitions. This reporter will be responsible for staying on top of day-to-day transactions as well as generating regular analysis and feature pieces that will be of interest to our audience of high-level corporate lawyers. The reporter will be expected to build sources, ask questions, […]
The Deal seeks small-cap M&A reporter
The Deal is seeking an experienced business journalist to cover deal-making by small-cap, publicly traded companies. The person in this position will be expected to follow market trends and provide sophisticated analysis that will be useful to a readership of investment bankers, attorneys, money managers and other market professionals. The ideal candidate will: Be able […]
Coverage: Shire to buy NPS
It’s the year’s first big deal merger, and it’s in the pharmaceutical space. Shire is planning to buy NPS in order to continue growing. The Financial Times had this story by Arash Massoudi: Shire, Britain’s third-largest drugmaker by market value, has made its biggest ever acquisition with a $5.2bn deal for US biotechnology company NPS Pharmaceuticals, […]
Coverage: Coach buying Stuart Weitzman
Coach is looking to expand and combat slumping handbag sales by spending $574 million on shoes – Stuart Weitzman. While it is trying to combat a drop in sales, Coach may not have found the way to solve the problem. The New York Times story by Hiroko Tabuchi and Michael J. de la Merced had […]
