Unstructured Finance

Walgreen’s shiny new purchase

April 9, 2010

Walgreen officially owns New York’s Duane Reade drugstore chain as of Friday, less than two months after the deal was announced.  Walgreen, which got its start in Chicago and is based in a nearby Illinois suburb, is now the biggest drugstore operator in New York City after adding 258 Duane Reade stores, two distribution centers and a corporate office to its 70 stores in the area.

DealZone Daily

October 28, 2009

Japan’s Monex Group will buy the securities unit of Orix Corp for about $246 million in stock, in a deal that will create the country’s second-largest online broker.

Dr Reddy’s surges on Glaxo report

September 18, 2009

Dr Reddy’s shares hit an intra-day high of 900 rupees on Friday before closing 3.6 pct up at 865.45 rupees.

Keeping score: UK M&A, Asian tech and US debt

September 11, 2009

Here are the highlights from this week’s Thomson Reuters investment banking scorecard:

The bulls and bears on equity rallies and M&A

September 10, 2009

Rising stock markets and talk of improving economic confidence have prompted a barrage of analyst notes on how the M&A market is picking up.  Check out what I wrote on the subject earlier Thursday .

Keeping score: US leads M&A, Securitizations, National Express

September 4, 2009

An Iraqi worker adjusts an oil pipe at Nahr Al-Umran gas refinery in Al-Dier District, northern Basra July 17, 2009. REUTERS/Atef HassanHere are the highlights from this week’s Thomson Reuters Investment Banking Scorecard:

Deals du Jour

September 1, 2009

A man carries a cardboard with a picture of a mobile phone inside a hall of the upcoming CeBIT fair in Hanover March 2, 2009. REUTERS/Hannibal Hanschke (GERMANY)

Portugal Telecom <PTC.LS> and Spanish firm Telefonica <TEF.MC> have both agreed to sell their 32.2 percent stakes in Moroccan telecoms firm Meditel to local investors in a deal likely to be closed by the end of the year

Green shoots?

August 13, 2009

We’re hardly out of the woods yet, but more and more fund management companies are beginning to feel confident enought to say conditions are improving, if only very slightly.

Exporting Insight

August 12, 2009

bny-mellon-buys-insight1BNY Mellon Asset Management which today acquired Lloyd’s fund management unit- Insight Investment- for 235 million pounds is betting on a boom in liability driven investment (LDI) to boost its coffers over the coming years.

Deals du Jour

August 5, 2009

Citigroup plans to sell 20 businesses in consumer finance, many of them located in Europe, its chief executive Vikram Pandit said in an interview with Singapore’s Business Times