Acquisitions Monthly articles from December 2008

Acquisitions Monthly archives from December 2008

Awards for M&A deals and firms.(EDITORIAL)
December 1, 2008... Acquisitions Monthly magazine congratulates the winners of the 2009 Acquisitions Monthly Awards for M&A and buyout work and moreover is most grateful to all the firms that made took part in the competition. The winners, announced below with...

Rescuing RBS: exactly a year after winning control of ABN AMRO, Royal Bank of Scotland was facing possible bankruptcy. In an exclusive report based on in-depth conversations with those involved in the biggest ever bailout of a UK bank, Christopher Spink reveals the details of how the lender was saved over the weekend of October 11 and 12.(UK BANKS)(Cover story)
December 1, 2008... [ILLUSTRATION OMITTED] On October 10 2007, Sir Fred Goodwin was toasting victory in the bitter battle for ABN AMRO. Royal Bank of Scotland (RBS), together with local partner Fortis and Spanish lender Santander, had succeeded in persuading...

Not immune: cash-rich pharmaceutical companies have been less affected by the financial crisis, while deals in the healthcare provider space have really suffered. In the healthcare sector as a whole, 2008 was a year of smaller deals and pulled sales.(SECTOR REPORTS: FOCUS ON HEALTHCARE)
December 1, 2008... [ILLUSTRATION OMITTED] Healthcare's defensive features mean it should be a more attractive sector than ever but data show that deal activity has been noticeably stung by the global liquidity crisis. This year has been characterised by...

Advisers toast drinks deals: the consumer goods sector has enjoyed a record year of M&A thanks to the relative resilience of the food and drinks industry.(SECTOR REPORTS: FOCUS ON CONSUMER)
December 1, 2008... [ILLUSTRATION OMITTED] A flood of huge drinks deals, most notably Belgian brewer InBev's US$52bn cash offer for Budweiser producer Anheuser-Busch, means that the total value of transactions in the consumer goods sector has reached a new...

Share crash fuels oil & gas rush: the next six months will see intense competition among Europe's big energy utilities and the oil majors to snap up small to medium-sized oil and gas companies that have become attractive targets thanks to the crash in world stock markets.(SECTOR REPORTS: FOCUS ON ENERGY)
December 1, 2008... [ILLUSTRATION OMITTED] Many smaller oil and gas exploration companies were already struggling to refinance their debt and/or raise fresh capital to fund capex programmes, but they had nevertheless retained high market valuations as oil...

Russia to consolidate.(FEATURE: RUSSIA)
December 1, 2008... [ILLUSTRATION OMITTED] Until the global financial crisis took hold, the Russian M&A market had been particularly buoyant in 2008. The country, and particularly its stock market, was hit hard by the crisis. This has led to a decline in M&A...

Spanish crash: the woeful outlook for Spain's economy has prompted larger construction companies to initiate international deal activity.(FEATURE: SPAIN)
December 1, 2008... [ILLUSTRATION OMITTED] Over the past decade the Spanish economy has enjoyed a long sojourn in the sun. But like an over-exposed holidaymaker, the end of this boom is proving painful to participants who stayed too long at the party. The...

Hold tight: if 2007 was a roller-coaster ride for the global private equity industry, then 2008 was the Big Dipper, a stomach-churning white knuckle ride into the darkness with the lever stuck on 'plummet'.(BEHIND THE BUYOUTS: PRIVATE EQUITY REVIEW)(Industry overview)
December 1, 2008... [ILLUSTRATION OMITTED] When the credit crunch infected the global leveraged buyout markets at the end of summer 2007, buyout bosses were cautious on predicting recovery, and rightly so. The most consistent message of buyout executives in...

Tightening the screw: borrowers thought the end of 2007 was bad--lending had contracted and covenants tightened--but Q4 2008 has them looking longingly back at Q4 2007. Uncertainty combined with a severe drought in bank liquidity have hit the leveraged loan market hard following a brief respite in the summer.(LEVERAGED FINANCE REVIEW)
December 1, 2008... As in the giddy days of covenant-lite lending in early 2007, leverage has once again ceased to be about the creditworthiness of a credit. Bank liquidity is so tight and the number of banks so reduced that arranging leveraged financing for even...

M&A bank of the year: JP Morgan.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... JP Morgan has shown consistent deal presence across countries and industry sectors in 2008. Its experienced European Mergers & Acquisitions team is co-headed by Hernan Cristerna and Larry Slaughter, who have worked together closely for 15...

Cross-border deal of the year: Scottish & Newcastle.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Carlsberg and Heineken agreed to buy Scottish & Newcastle for 7.8bn [pounds sterling] (US$15.4bn) after a three-month battle that hinged on control of the UK brewer's fast-growing Russian assets. The deal started as a hostile approach from two...

Domestic deal of the year: RBS, HBOS, Lloyds TSB.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Northern Rock may have been on a government drip at the start of this year, but few would have believed that within 10 months the state would also have to resuscitate three of the country's largest lenders: RBS, HBOS and Lloyds TSB. The...

Restructuring adviser of the year: Rothschild.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... As the M&A cycle has turned further towards restructuring, Rothschild has given the highest-level priority to the business, which is integrated with its M&A franchise. In Europe, the strength of the restructuring team has been doubled in...

Restructuring deal of the year: Cheyne Finance.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Structured Investment Vehicles (SIVs), with their heavy exposure to US residential mortgages and their method of using short-term debt to buy longer-dated assets, were among the first victims of the credit crunch. When market liquidity froze in...

Debt advisory firm of the year: Rothschild.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... In the post-credit crunch environment, Rothschild continues to complete deals and provide debt advice to both corporate clients and private equity houses alike in respect of raising new debt and increasingly with regard to negotiations with...

Corporate broker of the year: UBS.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... The corporate broker of the year, UBS, has strengthened its position in the field by expanding its franchise and advising on many key deals over the past 12 months. The firm played a leading role in HM Treasury's recapitalisation of the...

Law firm of the year: Slaughter and May.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Slaughter and May played a fulcrum role in the fundamental reshaping of the UK banks and the demise of former building society banks. The firm has been involved in corporate M&A work, the financings, the securitisations in Northern Rock and...

Mid-market adviser of the year: KPMG.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... For much of the year, the mid-markets remained as resilient as ever. Indeed, the first quarter proved busy as imminent changes to the UK capital gains tax regime encouraged sellers to complete transactions. However, the dramatic events of the...

Asia Pacific M&A adviser of the year: Merrill Lynch.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Despite challenging credit markets and uncertain macroeconomic conditions, Merrill Lynch demonstrated the breadth and depth of its M&A advisory skills across Asia in 2008, having advised on landmark M&A transactions in China, South Korea,...

Benelux M&A adviser of the year: Lazard.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Lazard's decision to set up a dedicated office in Amsterdam in 2004 has paid off handsomely this year. The bank claims it is now the only one of the larger houses to have a physical presence in the region. Many competitors cover their...

Central Europe M&A adviser of the year: Deloitte.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Although Central and Eastern Europe (CEE) has enjoyed a decade of rapid economic growth, it has not been immune to the credit crunch. Ukraine, Hungary and Latvia have all approached the International Monetary Fund (IMF) for emergency loans. ...

Competition law firm of the year: Howrey.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... US law firm Howrey has continued to make strong strides in Europe this year. The specialist in competition and intellectual property law has expanded its Brussels practice and extended its footprint in other European capitals, notably London...

Consumer sector adviser of the year: Credit Suisse.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... The consumer sector proved a sweet spot for M&A activity during 2008. A wave of major drinks deals, led by InBev's US$52bn purchase of Budweiser producer Anheuser-Busch, meant the total value of transactions in the sector reached a record high....

Continental independent corporate finance house of the year: Close Brothers.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Board members of Close Brothers will not want to be reminded of their awful start to 2008. Shares in the FISE 250 company fell by a fifth after Cenkos and Landsbanki withdrew their proposals to launch a possible bid. Since then, shares in the...

Debt arranger of the year: ING.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... The leveraged finance sector reverted to a largely mid-market deal-scape in 2008. Our debt arranger of the year, ING, was well positioned during the year to increase its market share and take leading positions and co-ordinating roles in those...

Due diligence adviser of the year: Ernst & Young.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... The due diligence award this year goes to Ernst & Young. The firm advised on more deals than its rivals in 2008, chalking up an impressive total of 261 across Europe, the Middle East, India and Africa and climbing from number three to number...

Energy sector adviser of the year: UBS.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... The energy and utilities adviser of the year, UBS, demonstrated the strength of its franchise in those sectors, culminating this year in a number of landmark European M&A transactions. The firm assisted on the largest cross-border utilities...

Environmental adviser of the year: ERM.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... The sheer range of work, in terms of type of client, size of deal and geography, undertaken by ERM over the past year make it the stand-out winner in this category. Beyond property and traditional environmental liability coverage, ERM has...

Financial services adviser of the year: Lazard.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Since the financial storm broke in mid-2007, Lazard has been in the thick of the action, providing advice in the US and across Europe in M&A crisis situations, while helping some its longer term, relationship clients seize upon opportunities....

France M&A adviser of the year: BNP Paribas.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... BNP Paribas has been active on about 30 completed deals and has 10 pending deals in France's sizeable local and cross-border market, for French mid-caps and as adviser to financial sponsors. In the energy sector, BNP Paribas was adviser to...

Germany M&A adviser of the year: UBS.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... This has been an exceptional year for UBS's advisory arm in Germany. The firm has leapfrogged to third place in the advisory league table by deal volume and expanded its market share from 19% in 2007 to 35%. More impressive than the growth...

Iberia M&A adviser of the year: BNP Paribas.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Despite the property dominated Spanish economy suffering, advisers on larger deals involving Iberian companies have remained busy. Much M&A work has stemmed from indebted construction companies divesting investments, picked up with cheap...

Independent corporate finance house of the year: Lexicon Partners.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... The question of independence has come sharply to the fore this year, as investment banks have been forced to deal with the painful consequences of mixing strategic advice with deal financing. The conflicts this throws up have been addressed in...

Lower mid-market adviser of the year: Clearwater Corporate Finance.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... If accountants dominate the top end of the midmarket, corporate finance networks continue to present serious challenges to the big four in the lower mid-market space. Many were set up to forge links between European advisers and US firms to...

Manufacturing sector of the year: Baird.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Robert W Baird has shone as an adviser in the manufacturing sector this year. Its knowledge of US strategic buyers; experience in cross-border transactions and long-term commitment to the mid-market have seen it emerge as a key adviser in 2008,...

Mid-market deal of the year: Princess Yachts.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Selling a business that makes the ultimate luxury item as storm clouds gathered ahead of violent economic storms requires consummate skill and sophistication. Cavendish Corporate Finance proved more than equal to this task when it received the...

Mid-market law firm of the year: Weil Gotshal & Manges.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Weft Gotshal & Manges has won the award for mid-market law firm of the year. One of the firm's strengths is the balance and breadth of its work, particularly in today's turbulent markets. Weil Gotshal has a highly regarded private equity and...

Mid-market private equity firm of the year: 3i.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... In a year when the mid-market was the market, private equity firms had to work a lot harder to be noticed. With a 5bn [euro] fund to draw from and offices from London to New York, via Helsinki and Beijing, housing more than 250 investment...

Nordic region M&A adviser of the year: Credit Suisse.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... During 2008, Credit Suisse has advised on the largest and most defining transactions that have taken place in the Nordic Region. The engagements included contested public transactions and sell-side transactions for Nordic clients, as well as...

Private equity deal of the year: SAG.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... The story of Advent International's involvement with SAG is a private equity fairytale. Advent's ownership of RWE Solutions, an industrial energy-related group of five companies sold off by utility giant RWE, is illustrative of what...

Private equity firm of the year: Advent International.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... In the current economic climate, private equity firms of all stripes (big/small/niche) can be categorised into two camps: those that prefer to ride out the current wave of doom and gloom and wait for deals and debt to return; and those who,...

Russia M&A adviser of the year: Cleary Gottlieb.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Our Russia M&A adviser of the year, Cleary Gottlieb, has clearly accelerated in its M&A work in 2008. Cleary works on the whole range of Russian deals, from private equity transactions to Russian companies making acquisitions overseas. ...

Support services sector adviser of the year: UBS.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... UBS has been quietly building its support services capability over the past few years. This policy paid off in 2008, with the bank advising on 10 completed deals across Europe worth 7.3bn [euro], despite the declining credit markets. The...

Switzerland M&A adviser of the year: Swiss Capital Group.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... The focus of Swiss Capital Group's corporate finance activities is on Swiss mid-market corporates. The firm is a member of Mid Capital, a corporate finance network with members in 10 European countries and the US. The team consists of...

TMT sector adviser of the year: UBS.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... During a period of unprecedented market uncertainty, UBS has demonstrated sustained acumen across the telecoms, media and technology (TMT) sector. During the year, the firm advised on 43 European M&A deals with a volume of US$78bn. The...

UK M&A adviser of the year: Credit Suisse.(ACQUISITIONS MONTHLY: AWARDS 2009)
December 1, 2008... Crisis M&A banking situations have defined much of 2008. Credit Suisse played a leading role in the acclaimed UK Government banking rescue package, acting as financial adviser to HM Treasury on the recapitalisation of RBS, HBOS and Lloyds TSB...

MENA miracle on hold: the pyramids are definitely one of the seven wonders of the world. More recently, the focus in the Middle East and North Africa (MENA) region has been to become one of the economic wonders of the world. However, the project has hit some stumbling blocks of late.(REGIONAL REPORT: FOCUS ON MIDDLE EAST)
December 1, 2008... [ILLUSTRATION OMITTED] The MENA region has registered spectacular economic growth over the past few years and this is epitomised by Dubai's accomplishments in setting architectural milestones, whether it be the world's tallest building,...

Playing the MENA edge: a notable feature of the Middle East and North African (MENA) region is the youth of many of the up and coming players there. Citadel Capital, founded in 2004, already has US$7bn under management and has been achieving stellar returns for its investors.(REGIONAL REPORT: FOCUS ON MIDDLE EAST)
December 1, 2008... The Egypt-based private equity group has a very straightforward yet effective business model. It plays heavily on the macroeconomic strengths of the MENA region in the selection of its investments. These regional advantages include relatively...

Field of dreams: these days, all is possible in the Middle East for those with vision, local knowledge and connections. Gulf Finance House is representative of a new breed of investment bank that harbours breathtaking ambitions to build not only new companies and economic cities, but a new Middle East.(REGIONAL REPORT: FOCUS ON MIDDLE EAST)
December 1, 2008... During the nineteenth century, the Mellon and Morgan banking families were among the most important financiers of the US industrial revolution. To this day, their exploits at pushing the barriers of possibility are the stuff of legend. They...

Cementing growth: Lafarge's takeover of Egypt's Orascom Cement was bold and transformational for the French building materials group, but it also represented the biggest foreign investment in the Middle East and North Africa so far.(REGIONAL REPORT: FOCUS ON MIDDLE EAST)
December 1, 2008... The sight of the forest of cranes labouring on Dubai's busy skyline was yet another piece of evidence that made Lafarge chairman and chief executive Bruno Lafont realise that being in the Middle East was essential. So much construction activity...

Top 50 global buyside financial.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL BUYSIDE FINANCIAL Date ann. Date eff. Target name Acquirer name 29/07/08 -- Merrill Lynch & Co Lone Star Funds (US) Inc-CDO(US) 02/05/08 01/08/08 Conva...

Top 50 Global sellside financial.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL SELLSIDE FINANCIAL Date ann. Date eff. Target name Acquirer name 21/05/08 -- Calpine Corp (US) NRG Energy Inc (US) 24/10/08 -- Natl City Corp, PNC Finl Svcs Grp ...

Top 50 Global cross border deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL CROSS BORDER DEALS Date ann. Date eff. Target name Acquirer name 11/6/08 -- Anheuser-Busch Cos InBev NV (BL) Inc (US) 21/07/08 -- Genentech Inc...

Top 50 global domestic deals.(M&A ANNUAL DATA)
December 1, 2008... TOP GLOBAL DOMESTIC DEALS Date ann. Date eff. Target name Acquirer name 29/08/07 28/03/08 Philip Morris Intl Shareholders (SZ) Inc (SZ) 14/09/08 Merrill Lynch & Co...

Top 50 global restructuring deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL RESTRUCTURING DEALS Date ann. Date eff. Target name Acquirer name 29/02/08 17/03/08 Japan Airlines Investor Group (JP) Corp (JP) 17/06/08 29/07/08 ...

Top 50 global financials deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL FINANCIALS DEALS Date ann. Date eff. Target name Acquirer name 14/09/08 -- Merrill Lynch & Co Bank of America Inc (US) Corp (US) 08/10/08 ...

Top 50 global energy and power deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL ENERGY AND POWER DEALS Date ann. Date eff. Target name Acquirer name 30/07/08 Union Fenosa SA (SP) Gas Natural SDG SA (SP) 21/05/08 Calpine Corp (US) NRG Energy Inc...

Top 50 global healthcare deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL HEALTHCARE DEALS Date ann. Date eff. Target name Acquirer name 21/07/08 Genentech Inc (US) Roche Holding AG (SZ) 07/04/08 Alcon Inc (US) Novartis AG (SZ) ...

Top 50 global ht, media and telecoms deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL HT, MEDIA AND TELECOMS DEALS Date ann. Date eff. Target name Acquirer name 30/04/08 -- Time Warner Cable Shareholders (US) Inc (US) 22/09/08 -- ...

Top 50 global materials & industrials deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL MATERIALS & INDUSTRIALS DEALS Date ann. Date eff. Target name Acquirer name 10/07/08 -- Rohm & Haas Co (US) Dow Chemical Co (US) 15/07/08 -- Continents AG (GM) ...

Top 50 global consumer products & services deals.(M&A ANNUAL DATA)
December 1, 2008... TOP SO GLOBAL CONSUMER PRODUCTS & SERVICES DEALS Date ann. Date eff. Target name Acquirer name 30/11/07 16/05/08 Vedior NV (NT) Randstad Holding NV (NT) ...

Top 50 global real estate deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 GLOBAL REAL ESTATE DEALS Date ann. Date eff. Target name Acquirer name 03/07/08 10/09/08 Vasakronan AB (SW) AP Fastigheter AB (SW) 11/06/08 ...

Top 50 any European involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY EUROPEAN INVOLVEMENT DEALS Date ann. Date eff. Target name Acquirer name 29/08/07 28/03/08 Philip Morris Intl Shareholders (SZ) Inc (SZ) 11/06/08 -- ...

Top 50 any US involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY US INVOLVEMENT DEALS Date ann. Date eff. Target name Acquirer name 29/08/07 28/03/08 Philip Morris Intl Shareholders (SZ) Inc (SZ) 11/06/08 -- ...

Top 50 any European involvement, Africa, Central Asia deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY EUROPEAN INVOLVEMENT, AFRICA, CENTRAL ASIA DEALS Date ann. Date eff. Target name Acquirer name 29/08/07 28/03/08 Philip Morris Intl Shareholders (SZ) Inc (SZ) ...

Top 50 any UK involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY UK INVOLVEMENT DEALS Date ann. Date eff. Target name Acquirer name 08/10/08 -- RBS (UK) HM Treasury (UK) 17/09/08 -- HBOS PLC (UK) Lloyds TSB Group ...

Top 50 any French involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY FRENCH INVOLVEMENT DEALS Date ann. Date eff. Target name Acquirer name 24/09/08 British Energy Lake Acquisitions Group PLC (UK) Ltd (UK) ...

Top 50 any German involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY GERMAN INVOLVEMENT DEALS Date Date ann. eff. Target name Acquirer name 15/07/08 -- Continental AG (GM) Schaeffler KG (GM) 02/04/07 26/06/08 Endesa Italia (IT) EON AG...

Top 50 any Spanish involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY SPANISH INVOLVEMENT DEALS Rank Date Date % value of ann. eff. Target name Acquirer name 30/07/08 Union Fenosa SA (SP) Gas Natural SDG SA ...

Top 50 any Italian involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY ITALIAN INVOLVEMENT DEALS Date ann. Date eff. Target name Acquirer name 02/04/07 26/06/08 Endesa Italia (IT) EON AG (GM) 12/05/08 22/10/08 DRS Technologies Finmeccanica SpA ...

Top 50 any Benelux involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY BENELUX INVOLVEMENT DEALS Date ann. Date eff. Target name Acquirer name 11/06/08 -- Anheuser-Busch Cos In Bev NV (BL) Inc (US) 29/09/08 -- ...

Top 50 any Russian involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY RUSSIAN INVOLVEMENT DEALS Date ann. Date eff. Target name Acquirer name 27/07/07 11/02/08 HydroOGK (RS) Shareholders (RS) 05/08/08 -- MMC Norilsk Nickel Vladimir Potanin (RS) ...

Top 50 any Asia involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY ASIA INVOLVEMENT DEALS Date ann. Date eff. Target name Acquirer name 10/02/08 01/02/08 Rio Tinto PLC (UK) Shining Prospect Pte Ltd (SG) 10/12/07 05/03/08...

Top 50 any MENA involvement deals.(M&A ANNUAL DATA)
December 1, 2008... TOP 50 ANY MENA INVOLVEMENT DEALS Date ann. Date eff. Target name Acquirer name 10/12/07 23/01/08 OCI Cement Group Lafarge SA (FR) (EG) 13/12/07 -- Dow Chemical Co- ...

Harder, faster, smarter? In the tough times ahead, will established best practice centred on the softer side of integration take a back seat to 'hard' restructuring, efficiency gains and cost reduction? Carlos Keener of Beyond the Deal writes.(POST MERGER INTEGRATION)
December 1, 2008... In addition to the importance of "softer" elements to successful acquisition and integration--cultural alignment, leadership, communication--our own studies in 2006 highlighted the advantages acquirers gained by early planning, structured...