Unstructured Finance

Deals wrap: Streamlining HP

June 30, 2011

If private equity firms had their way, Hewlett-Packard would look less like a monolithic tanker and more like a small fleet of streamlined schooners, reports Nadia Damouni and Poornima Gupta.

Deals wrap: LSE may become a target

June 29, 2011

The London Stock Exchange, which plans a shareholder vote on its $3.5 billion merger with Canada’s TMX Group on Thursday, could become a target itself if the deal fails, analysts said.

Lightsquared loans suffer from interference

June 29, 2011

By Matthew Goldstein

It looks like the problems that Phil Falcone’s upstart wireless network may cause with some airline navigation systems may be impacting the price of the more than $1 billion in high-yield debt LightSquared has sold to hedge funds and mutual funds.

Deals wrap: Investing in Kraft

June 28, 2011

Billionaire investor Nelson Peltz bought 12.2 million shares in Kraft Foods during the first quarter, his investment firm reported this week.

Deals wrap: Dodgers strike out

June 27, 2011

The Los Angeles Dodgers filed for bankruptcy protection, blaming Major League Baseball for refusing to approve a television deal with News Corp’s Fox Network to give the financially strapped baseball team a quick injection of cash.

Deutsche’s he said/she said derivatives mystery

June 25, 2011

By Matthew Goldstein

Valuing derivatives–especially complex ones tied to esoteric assets–is always a tough proposition. And maybe that’s what a previously unknown whistleblower action involving Deutsche Bank is all about.

Deals wrap: M&A pace set to slow

June 24, 2011

M&A deals declined in the second quarter from the previous three months, casting gloom on hopes of a reviving world economy that will prompt executives to put their cash-rich balance sheets to work. Get full coverage on the state of M&A here.

Deals wrap: Battling for TMX

June 23, 2011

The London Stock Exchange faces a nail-biting fight for Canadian peer TMX Group after aggressive rival bidder Maple trumped its sweetened offer by a whisker overnight. Proxy advisory firm ISS recommends TMX shareholders back the LSE offer.

Deals wrap: VCs think IPO activity low

June 22, 2011

More than 80 percent of venture capitalists believe the initial public offering market is at very weak levels and it is curbing profits, according to a new survey.

Deals wrap: SABMiller ready for another round?

June 21, 2011

SAB Miller said it would keep talking to Foster’s Group after Australia’s largest brewer rejected the global giant’s $10.1 billion cash takeover offer as too low.