Deals wrap: Deal talk gets frothy

August 24, 2010

A judge views samples of beer in west London August 3, 2010.  REUTERS/Toby MelvilleFoster’s said the split of its beer and wine divisions was on track for next year, but was silent on growing takeover talk for its profitable beer unit. Foster’s share price has been on a roller coaster ride on the takeover talk, surging 7 percent on Monday and sliding 4.5 percent on Tuesday. *View article

BHP Billiton’s monster earnings expected on Wednesday could strengthen its hand in its bid for Potash Corp and intimidate any rival bidders. *View article

*View analysis on China’s reaction to a possible BHP deal

*View Bloomberg article on the downside of mining mergers

The recent rush of M&A activity is a result of idle cash and not a sign of a stable rising market. *View Barron’s article *View NYT blog pouring more cold water on the boom in deals.

The Intel-McAfee deal is about leveraging Intel’s relationship with personal computer makers to boost McAfee’s products, said Gene Hodges, the former president of McAfee. *View NYT article

6 comments so far | RSS Comments RSS

This is a great article, thanks.

Posted by Sheepie32 | Report as abusive

Again, excellent article

Posted by Sheepie32 | Report as abusive

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Posted by Sheepy33 | Report as abusive

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Posted by Sheepy33 | Report as abusive

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Posted by Sheepy33 | Report as abusive

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Posted by Sheepy33 | Report as abusive

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