Deals wrap: The biggest company you never heard of
Glencore is Switzerland’s top-grossing company and has been compared with investment banking giant Goldman Sachs. It’s the biggest company you never heard of.
Global listings activity has been the highest on record so far this year, with firms raising a total of $24 billion from IPOs, according to Thomson Reuters data.
A Renaissance Capital report looks at what is driving this year’s surge in U.S. IPO activity.
U.S. antitrust regulators will give a hard look at any attempt by Nasdaq OMX to acquire NYSE Euronext, experts said, with some predicting a prolonged review or “serious” snags.
Private equity firms face mounting competition from deal-hungry strategic buyers with the cash and appetite to outbid them, stealing away some of the companies they have been tracking for some time.
The investigators looking into the Bernard L. Madoff fraud could spend over $1 billion on the case and have already made some interesting discoveries, reports the New York Times.


