Unstructured Finance

Deals wrap: Glencore IPO draws key investors

May 4, 2011

Glencore kept a lid on its aspirations for a much-hyped market debut, targeting proceeds of $11 billion after securing record commitments from investors. The commodities trader set a price range of 480 to 580 pence per share for the London IPO, confirming an earlier Reuters report. That values it at $61 billion at the mid-point, in line with early forecasts. Glencore is planning a dual-listing in London and Hong Kong.

The afternoon deal: Hard rock, hard time

March 18, 2010

Screen shot of Warren Buffett in a Geico commercial from youtube.com.Hot news items today include the Teva deal, MGM Mirage’s move out of Atlantic City and a possible Siemens spin off. But the limelight shines elsewhere, on a hard rocking Buffet and inmate number No. 61727-054.

DealZone Daily

November 27, 2009

Auto maker General Motors is grappling with the future of its European units Saab and Opel after one sale collapsed and the other was pulled, targeting the bulk of its 9,000 job cuts at Opel’s German factories.

Morning line-up

September 10, 2009

Hedge fund stories from the past 24 hours from Reuters and elsewhere:

rtxcg5sChanos shorting AstraZeneca, Siemens – CNBC

Hedge funds seek closure of Venus Remedies – Economic Times

New Merk funds offer currency for all – Reuters

Hedgies profit from bank rally – MarketWatch

Tudor’s Hillery joins Brevan Howard – FT Alphaville