Deals wrap: Google ripples
Asian handset makers using Google’s Android operating system might turn to rival platforms such as Microsoft’s Windows after Google upended the mobile landscape by buying Motorola Mobility.
The investment banking sector was also shaken up by the deal after Motorola hired “boutique” banks Centerview Partners and Qatalyst Partners as advisers.
“Google is actively positioning the deal not as a means to buy its way into the handset market, but as an opportunity to buy Motorola’s portfolio of patents — some 17,000 of them,” reports DealBook.
English Premier League football champions Manchester United plans a $1 billion IPO in Singapore by the end of the year, depending on market conditions, IFR reports, citing a source with direct knowledge of the plans.
Dealmakers are worried about market volatility and its impact on mergers and acquisitions in the second half of the year, drawing little solace from a spate of transactions announced on Monday, reports Paritosh Bansal and Megan Davies.
The M & A Law Prof Blog reports on why you shouldn’t trust your boyfriend when it comes to insider trading. Money trumps love.