Deals wrap: Factoring in China
Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada’s Potash Corp to rival BHP Billiton’s hostile offer. This is one of the first pieces of hard evidence to back up speculation that China is looking for a way to derail a takeover of Potash Corp by the powerful Anglo-Australian miner. *View article *View analysis on possible regulatory action from China *View Globe and Mail article on the concern about jobs and revenue in Saskatchewan
The recent M&A binge certainly suggests corporate treasurers are confident that whatever the near term may bring now is the time to expand. Are we headed for a recovery or is the buying spree just a case of too much money needing a place to go? *View analysis
Genzyme rejected an all-cash $18.5 billion offer from Sanofi-Aventis this week. Will the deal go hostile? Take a look at how events could unfold. *View article
Looking for a Wall Street deal in the Hamptons, it appears Russian women are hitting the East Coast vacation spot this year in search of an “American banker flush with cash.” *View The Daily Beast article


