Burger King’s return to private equity ownership in the hands of the Brazilian-backed 3G Capital is not a good reflection on the buyout industry’s claim to make its money by fixing companies rather than through financial engineering.
The TPG-led private equity consortium that formerly owned...
Posted to
Comment
on 09-03-2010
Filed under: Business, Burger King
The summer flurry of mergers and acquisitions now includes a couple of big hostile bids - those by BHP Billiton for PotashCorp of Canada, and by South Korea’s national oil company KNOC for Dana Petroleum of the UK.
Given the patchy record of mergers and acquisitions generally, and the reluctance...
Posted to
Comment
on 08-20-2010
Filed under: Business, bhp billiton, PotashCorp, KNOC, Dana Petroleum
Ouch. Michael Roth of Interpublic, the advertising group, does not seem to have much time for the high profiles enjoyed by his fellow chief executives Sir Martin Sorrell and Maurice Lévy.
Mr Roth ended his interview in the FT today with this withering observation on the leadership styles at WPP and Publicis...
Posted to
Comment
on 08-16-2010
Filed under: Business
Unemployment figures, the Bank of England's inflation report and the latest US trade data will all provide a better picture of the stuttering global economic recovery - Richard Wray brings you the latest news, views and reaction 9.14am: It is fast becoming crunch time for the UK economy. Today we...
Posted to
Business
on 08-11-2010
Filed under: Business, guardian.co.uk, Economics, Blogposts, Economic policy, Bank of England, US economic growth and recession, Economic growth (GDP), Unemployment and employment statistics, Minute by minutes