Deals wrap: SABMiller goes hostile
SABMiller took its $10 billion bid for Australia-focused Foster’s Group direct to shareholders just days before the Australian brewer’s annual results are set to show flagging profits.
Private equity firm Carlyle Group is meeting privately with analysts to convince them the company is worth at least as much as Blackstone Group, Bloomberg reports citing sources.
All but one bidder for South Korea’s biggest bank privatization have pulled out, likely killing an ill-fated deal that analysts said was never going to succeed because of political opposition.
“At the core of Google Inc.’s $12.5 billion Motorola deal is Silicon Valley engineer Andy Rubin, who in six years has reordered the wireless market and positioned the Internet giant as a central player in it,” reports the WSJ.
Tech companies with large mobile patent portfolios may now be takeover targets, reports DealBook.
NPR looks into how the merger of Express Scripts and Medco Health Services will affect your healthcare and pocketbook.
For your morning distraction here’s an animated video on the Google/Motorola Mobile merger, complete with Steve Jobs in a Darth Vader helmet.
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