Hints and tips:
...In 2020, the bank lost out to Morgan Stanley in the $7bn bidding war to buy US investment manager Eaton Vance....
...A deal to acquire 93 Eaton Square was signed in recent days, according to people with direct knowledge of the matter....
...financing offers and that it simply rejected a similar deal that Angelo Gordon and Apollo had provided in favour of what it thought were better terms from the majority group, which includes asset manager Eaton...
...It's composed of a base inside which you find all the hardware, so the atmospheric, the hydraulic system, that help recreating the climate inside....
...The acquisition from Eaton broadens Danfoss’s hydraulic product portfolio from its traditional mobile machines to industrial uses in factories....
...One scoop to start: JPMorgan Chase lost out to Morgan Stanley in the $7bn bidding war to buy US investment manager Eaton Vance, a revelation that highlights the fierce competition among Wall Street powerhouses...
...Eaton Vance is the latest key step towards becoming a dominant player in the asset management space....
...Eaton Towers is closing in on its own London listing that would value the company at about £1.5bn, including debt....
...“Mifid II will drive a behavioural change,” says Scott Eaton, chief operating officer at MarketAxess Europe, the region’s largest corporate bond trading venue....
...Jeff Fettig, the chief executive of Whirlpool, and Sandy Cutler, former chief executive of Eaton, were named as co-lead directors of the merged DowDuPont this month, and will lead the review into the break-up...
...The initiative has tempted 25 investment managers including Eaton Vance, Dodge and Cox, and Guggenheim Investments....
...Markets are not hydraulic, inflating when money is pumped in and falling when it is siphoned out, like water draining from a bath....
...• Shiva Iyer is rejoining Eaton Vance, the $34bn US asset manager, as a senior global income trader. Mr Iyer, who will be based in Singapore, previously worked for Goldman Sachs....
...• Eaton Vance has hired Tjalling (TJ) Halbertsma to lead business development globally for the $318.7bn US-listed asset manager. Mr Halbertsma will join in September from Nuveen Investments in London....
...The assumptions used to justify that borrowing were fuelled by a textbook example of disruptive technological innovation: the advances in hydraulic fracturing and horizontal drilling that made it possible...
...Ditto for hydraulic fracking and solar power. The list goes on. This is where the details of Mr Zuckerberg’s pledge matter....
...The deals have attracted interest from Helios as well as rivals such as IHS and Eaton Towers. Bharti acquired Zain’s operations in Africa in 2010....
...The deal has been broken up into several smaller transactions of about $500m, which are expected to be fought over by Helios Towers Africa, and rivals IHS and Eaton Towers....
...Over the past eight years, Guggenheim Partners, Eaton Vance, T Rowe Price, BlackRock, State Street, Vanguard and Precidian have drawn up initial plans for their own versions of non-transparent actively managed...
...The company’s hydraulics division fared still worse, experiencing sales growth of just 1 per cent to $772m, as a 9 per cent core sales decline and a further 1 per cent decline from currency effects all but...
...Operating profit in hydraulics fell 28 per cent to $78m....
...“We’ve seen weakness in the traditional vehicle and hydraulics markets. But the restructuring in what is now 60 per cent of the company – electrical – is really paying off.”...
...Ever since the oil industry figured out how to use hydraulic fracturing or “fracking” and horizontal drilling to extract gas from shale formations, the US “unconventional” gas story has had an irresistible...
...Eaton is exposed to industrial segments that are highly sensitive to global demand for heavy industrial goods, including electrical and hydraulic control systems, aerospace and truckmaking....
...The rest of Eaton’s sales will come from industrial components, such as hydraulics for aerospace and transmissions for trucks. Still, making the numbers work is tricky....
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