Unstructured Finance

M & A wrap: MF Global files for bankruptcy

October 31, 2011


MF Global files for bankruptcy, according to a court filing.

Did Corzine’s risk taking cripple MF Global?

Charlie Gasparino sets the stage for MF Global’s current situation.

Australia’s Qantas Airways has seen its share of suitors knocking on the company’s cabin doors before, and with the stock trading at record lows, now may seem to be a good time to welcome a white knight.

M & A wrap: Who’s buying EMI?

October 28, 2011

EMI, once the glamorous monarch of the British music industry, is about to be sold by Citigroup. Reuters lays out EMI’s future and who is likely to walk away with the company’s recorded music and song catalog.

M & A wrap: Sony looks to integrate

October 27, 2011

Sony is to take over its mobile phone joint venture with Ericsson for 1.05 billion euros ($1.5 billion), as it seeks to exploit its music and video to help it catch smartphone leaders such as Apple.

M & A wrap: Deal trouble at Olympus

October 26, 2011

Olympus Corp head Tsuyoshi Kikukawa resigned after a scandal over hefty advisory fees wiped out half of the 92-year-old firm’s market value, but his successor stuck with the company’s line that it had done nothing wrong.

M & A wrap: ArcelorMittal jumps ship

October 25, 2011

ArcelorMittal, the world’s largest steelmaker, has unexpectedly pulled out of its joint $5 billion bid with Peabody Energy for Australian miner Macarthur Coal, just a day after the buyers said they had secured a majority of shares.

M & A wrap: Merger Monday

October 24, 2011

Health insurer Cigna will buy HealthSpring for about $3.8 billion to jump-start its business selling Medicare plans for the elderly.

M & A wrap: Groupon scales back IPO

October 21, 2011

Groupon plans to raise as much as $540 million in an initial public offering, less than previously planned, as the daily deals website grapples with a weak equity market, executive departures and questions about its accounting and business model.

M & A wrap: Groupon’s got a deal for you

October 19, 2011

Groupon is planning to launch a roadshow for its initial public offering next week, on Monday or Tuesday, three sources familiar with the situation said.

M & A wrap: Stalking Dexia

October 18, 2011

Qatar National Bank, the Gulf state’s largest lender, is eyeing Denizbank, the fast-growing Turkish arm of euro zone debt casualty Dexia, in a deal potentially worth up to $6 billion.

M & A wrap: Dollar Thrifty’s hard-earned lessons

October 17, 2011

Dealpolitik lists the key lessons learned from Dollar Thrifty’s merger saga.

Rio Tinto signaled a major retreat from its aluminum business on Monday, putting an estimated $8 billion worth of assets up for sale across six countries, only four years after buying aluminum giant Alcan for $38 billion.