Cheerleader Support

Turns out, Korea Development Bank is in talks with Lehman Brothers - but now, after the government threw cold water on prospects for a solo KDB investment, the question has become which local bank will be partnered up with the state-run bank for this bold investment. KDB was to be a “cheerleader” rather than the […]

Getting online in Europe

With tens of billions in the bank collecting dust since its failed bid for Yahoo, and the elusive promise of the Internet still beckoning, Microsoft returned to the market for Internet search businesses with a $486 million purchase of Greenfield Online, the U.S.-listed owner of European price comparison website ciao.com. The buy is meant to […]

August — officially slow

This won’t be a revelation to private equity bankers — but August was officially quiet for deals.
The summer month typically marks a dearth of transactions as bankers head out to the beach, but last month was exceptionally slow.
The dollar value of deals involving private equity sank to the lowest for four years, $21.7 billion globally […]

One for the road

Belgian brewer InBev is planning to sell its Korean beer business, Oriental Brewery, sources said on Tuesday, allowing it raise up to $2 billion for its planned $52 billion for its takeover of Budweiser brewer Anheuser-Busch Cos. InBev, set to become the world’s largest brewer after the deal, has said it was considering the disposal […]

Cheerleader Support

Turns out, Korea Development Bank is in talks with Lehman Brothers - but now, after the government threw cold water on prospects for a solo KDB investment, the question has become which local bank will be partnered up with the state-run bank for this bold investment. KDB was to be a “cheerleader” rather than the […]

Getting online in Europe

With tens of billions in the bank collecting dust since its failed bid for Yahoo, and the elusive promise of the Internet still beckoning, Microsoft returned to the market for Internet search businesses with a $486 million purchase of Greenfield Online, the U.S.-listed owner of European price comparison website ciao.com. The buy is meant to […]

August — officially slow

This won’t be a revelation to private equity bankers — but August was officially quiet for deals.
The summer month typically marks a dearth of transactions as bankers head out to the beach, but last month was exceptionally slow.
The dollar value of deals involving private equity sank to the lowest for four years, $21.7 billion globally […]

One for the road

Belgian brewer InBev is planning to sell its Korean beer business, Oriental Brewery, sources said on Tuesday, allowing it raise up to $2 billion for its planned $52 billion for its takeover of Budweiser brewer Anheuser-Busch Cos. InBev, set to become the world’s largest brewer after the deal, has said it was considering the disposal […]

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