Hints and tips:
...Albemarle’s downstream lithium conversion plants are some 1,000km away by rail near Perth....
...The UK’s CMA says to be upfront about your best and final offer The saga over Microsoft’s $75bn acquisition of Activision Blizzard left a bitter taste in the mouth of the CMA, which blocked and then cleared...
...FTX’s free fall bankruptcy gets even worse When the situation is dire enough to shock the guy who helped unwind the largest corporate fraud in American history, you know things have really gone off the rails...
...Job moves Sir Jon Thompson, head of the UK’s Financial Reporting Council, is in the running to become chair of the High Speed 2 rail project....
...Elsewhere, Fritz noted “one big concern” with Canadian Pacific’s agreed acquisition of Kansas City Southern, which operates rail lines in both the US and in Mexico....
...In a sign of just how far his administration is going off the rails, Trump said he expects the US government to receive a portion of any sale price because Washington would be helping the deal by allowing...
...US restaurant supplier Sysco Corp has contacted German wholesaler Metro over a potential takeover, people briefed on the matter told the Financial Times....
...(FT) News round-up Buyout group Melrose considers sale of chunk of Nortek (FT) Bombardier in talks to combine rail unit with Alstom (BBG) Carlos Ghosn: I am a victim of double standards and disinformation...
...The pessimists at Centamin will still rail about the noise of Endeavour rapping on the door. But they should resist the urge to block their ears and hope the problem goes away....
...He wants access to documents that can prove the Texas-based oil company “botched” the acquisition. How?...
...A key driver of the decline emanated from Beijing, rather than Washington, following capital controls that reined in foreign acquisitions by many private Chinese entities....
...Many rail customers therefore argue that the China threat is overblown....
...In the extreme, the French crown jewel TGV, a high-speed rail service, might need to be sold along with one of the companies’ lucrative signalling divisions....
...CEO Ginni Rometty is staking her career on the success of the acquisition. Red Hat by far is the largest deal IBM has ever struck and is the third-largest tech deal of the past several years....
...The move was in part a recognition that Mr Buffett has been unable to find a marquee acquisition since the purchase of Precision Castparts in 2016....
...Questions have been raised over the long-term future of GE’s transport business, which makes diesel locomotives, given global pressure for rail electrification....
...CRRC Corp CRRC, which is the world’s largest maker of rail rolling stock, and other Chinese state-owned rail groups were big beneficiaries of joint ventures with global industry leaders such as Bombardier...
...FirstGroup’s UK rail business fared better....
...He made his name over the past two decades taking on and beating many big companies — Facebook, AIG, News Corp, Dole Food, Barclays, to name a few — on behalf of pensions and money managers who felt cheated...
...In both Britain and US, funds withdrawn through acquisitions for cash and share buybacks have recently routinely and considerably exceeded the amounts raised in rights issues and IPOs....
...“We put the European idea to work and, together with our friends at Alstom, we are creating a new European champion in the rail industry for the long term.”...
...Mergers and acquisitions are something like a romance and require agreement from both sides. “There is no point in unrequited feelings....
...It moved the headquarters of Hitachi Rail to London and opened a train assembly plant in north-east England....
...Last November, ZPG reported full-year revenues up 24 per cent, to £244.5m, but this was boosted by acquisitions....
...That helps fund Berkshire’s multibillion-dollar equity stakes — it currently has a $137bn portfolio including its holdings in American Express, Coca-Cola, Apple, IBM and Wells Fargo — or new acquisitions...
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