The recently moribund merger and acquisition (M&A) departments at investment banks are unexpectedly having one of the busiest Augusts on record, following the explosion of energy deals this week.
Transactions such as BHP Billiton’s $43.8bn (£28bn) takeover of Canada’s Potash Corp have lifted global M&A weekly volume to $89.8bn, the highest since November last year, and [...]
The London market continued to weaken last night, but BG overcame the downdraft as speculators revisited rumours of a bid interest from rivals in the oil and gas sector.
FTSE 100-listed Royal Dutch Shell, Brazil’s Petrobras, America’s Exxon Mobile and the Russian energy giant Gazprom were all named as possible bidders. The large number [...]
Do you really want to be investing in companies whose major customer has promised to cut orders “ruthlessly and without sentiment”?
The Defence Secretary, Liam Fox, has said that the Ministry of Defence budget will be slashed by up to 20 per cent, and the defence industry is in suspended animation awaiting the looming Strategic Defence [...]
BC Partners, the private equity firm that owns Foxtons estate agents, faces trouble in another of its companies, Greek casino operator Regency Entertainment, which also accumulated large debts at the peak of the credit boom.
The casino operator, acquired for €1bn (£800n) in 2006, has appointed investment bank Houlihan Lokey, which specialises in restructuring, to advise [...]
Double glazing is one way to save money on energy bills. There are also many styles and designs to choose from as the windows are becoming more common place. The insulation efficiency is rated by the Energy Saving Trust, and any window that is rated at a C or higher will provide adequate savings on [...]
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