Piramal Healthcare to Acquire Providence Equity Partners’ DRG
Pharmaceutical manufacturing company Piramal Healthcare is to acquire US-based healthcare information company Decision Resources Group from Providence Equity Partners for around US$635 million. DRG will remain headquartered in Burlington, MA. The company will continue to be led by Mr. Hoenigsberg and the existing senior management team. Barclays is acting as lead financial advisor to Decision...
A Bobcession on bonuses (or daylight bobbery)
‘In the usual way’, ‘strength of opinion’, etc.Barclays, ahead of its April 27 AGM:In the usual way, Barclays has had extensive engagement with a number...
Barclays Combines Corporate Finance and M&A Divisions
Barclays is combining its corporate finance and merger-and-acquisition divisions into one unit, according to an internal memo from Skip McGee, the firm’s investment banking division chief. The goal is to get M&A bankers working more closely with industry coverage bankers to bring more business to the firm, including advisory work, and drive revenue growth.
Get Carnwath!
Carnwath who?, you might ask. In the absence of a Wikipedia entry, we’ll have to use the Barclays guff:Alison worked in investment banking and corporate finance for 20...
Barclays Hires Financial Institutions Bankers in Asia
Barclays is beefing up its financial institutions team in Asia with two new hires, as banks around the region allocate more resources as deal activity in the sector heats up.
Barclays Hires Financial Institutions Bankers in Asia
Barclays is beefing up its financial institutions team in Asia with two new hires, as banks around the region allocate more resources as deal activity in the sector heats up.
The piping out of the Hester
Can’t beat a Sun headline to round off a national bonus neurosis:(H/T Fleet Street Blues)Doubtless Labour MPs — who left Stephen Hester crying into his £1.2m...
Bizarre trade reasoning of the week?
Courtesy of the Credit Strategy team at SocGen on Friday, the following trade idea:Buy Barclays 5-year senior or sub CDS vs the iTraxx Main: Barclays is one of the largest sellers...
Go directly to the ECB, do not pass Go, do not collect €200
Serving at the ECB’s pleasure: billions, if not trillions, of euro-denominated assets pledged as collateral for three years of funding.And while it’s banged up by...
Slideshow: The Private Equity Exodus
The last couple of years have seen a steady trickle of banks and insurers selling private equity assets and other non-core units as regulators globally toughen capital requirements.
In the US, the Volcker Rule, a part of the financial regulatory overhaul law that limits proprietary trading, or investments by banks using their own capital, has been...
Liquidity support for the UK banks
Some good news for the battered UK banking sector?HM Treasury is going to announce special liquidity measures to help Lloyds, Barclays and RBS get through a funding hump in...
Snap news
Breaking pre-market news on Friday,- IAG targeting an operating profit target of €1.5 billion in 2015 — statement.- H1 results from Richemont top expectations; company...
