Archive for October, 2009
What’s happening to bid premiums?
A strange thing is happening to bid premiums, at least here in Europe. They’re dropping. Or is this strange? Should we have expected it? The facts, first: According to Financial News Online (you can see the story here if you have a subscription, and apologies to those who don’t, as it is a subscription-only website) [...]
Read Full Post | Make a Comment ( None so far )Hostile M&A Deals: The trends
There’s been a lot of attention on hostile M&A deals since Kraft launched its unsolicited bid for Cadbury last month (September). Nothing quite like chocolate to make the headlines — in fact so much so, that several journalists I’ve spoken to recently have said that they are completely tired of writing about that deal. Because [...]
Read Full Post | Make a Comment ( None so far )M&A debt financing: R.I.P., or, like a phoenix, will it rise from the ashes to stalk companies again?
I think ‘phoenix’ is a better analogy than the term Vanity Fair used recently in their exposé of Goldman Sachs when it was labelled a ‘vampire’. Both rise from the dead. And there may be those who do believe that financial sponsors (venture capitalists, hedge funds and private equity firms) suck the very lifeblood from [...]
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Is there a link between the arrival of a new CEO and M&A deals?
Posted on Wednesday, 21 October 2009. Filed under: Commentary, Mergers |
A significant driver to M&A activity is the relatively short tenure of CEOs as chief executive. At the M&A Research Centre at Cass Business School, we have been looking at the link between CEO changes and M&A deals, whether acquisitions or divestitures. We aren’t ready yet with the final analysis (being part of a highly [...]
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