Category Archives: Uncategorized

The Cybersecurity Tipping Point

Now Morgan Stanley joined a growing list of prominent corporate brands to suffer data breaches, after one of his financial advisors stole the information of as many as 350,000 wealth management clients. Many other large companies including Adobe Systems, Automated Data Processing, Citigroup, E*Trade Financial, Fidelity Investments, Home Depot, HSBC, JPMorgan Chase, Nasdaq OMX, Neiman Marcus, Sony, Target and Wal-mart had suffered high-profile cyber security breaches. Who is next? Edgar Perez, author of Knightmare on Wall Street, will discuss what consumers and investors need to learn from these cybersecurity incidents in the United States at Cyber Security World Conference 2015 New York City, on January 9. More information at http://cybersecurityworldconference.com.

Healthcare at heart of robust year in M&A

Market wisdom has it that most takeovers destroy value in the long-run. But the world’s largest companies seem to have had little time for history lessons in 2014. In all, there were 96 deals worth more than $5bn completed over the past 12 months. Together, their value was around $1.2tn, or 37 per cent of the overall volume of corporate transactions.

Dr. Keith A. Marcus draws Allergan Inc. Botox into a syringe before administering it to a patient at the offices of Marcus Facial Plastic Surgery in Redondo Beach, California, U.S., on Tuesday, April 22, 2014. Valeant Pharmaceuticals International Inc. offered to buy Allergan Inc., maker of the Botox wrinkle treatment, in a cash-and-stock deal valued at $45.7 billion in the latest step of the Canadian company's plan to become one of the world's largest drugmakers. Photographer: Patrick T. Fallon/Bloomberg *** Local Caption *** Keith A. Marcus

In what soon became the best year for dealmaking since the financial crisis — measured on a total volume of $3.34tn — the US led the way, spurred by favourable economic conditions and central bank monetary policy. But Europe and Asia finished the year strongly as well.

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‘Greedy Hedge Funds’ Won’t Stop MetroPCS Merger: T-Mobile CEO

True to T-Mobile USA’s new “uncarrier” branding, John Legere is not your average telecom chief executive officer. For one, he tends to do away with niceties.

At the Consumer Electronics Show in January, Legere described AT&T’s wireless network as “crap” “I get myself in trouble sometimes,” Legere, wearing his favorite magenta T-Mobile T-shirt under a dark gray blazer, said in an interview at the convention.

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China rolls ahead with train makers’ merger

China is moving forward with the merger of its two top train makers, state media said Wednesday, with a plan to create a massive group to export high-speed railway technology. State media have previously said the merger of state-owned China CNR Corp. and CSR Corp.

will help prevent “cut-throat” competition between the two when seeking business overseas.The merger could also put the combined entity in a stronger position to take on the likes of Germany’s Siemens and Bombardier of Canada.A draft plan for the merger has been submitted to China’s cabinet, the State Council, for discussion and approval, the official Xinhua News Agency reported.

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Business-focused Polsinelli adds M&A attorney to Century City firm

Century City law firm Polsinelli is boosting it Mergers and Acquisition arm with hot shot attorney Marc Leh joining the local office to add weight to the expanding company.

A member of the California Bar since 1986, Leh earned his law degree from UCLA Gould School of Law in 1986, and his B.A. in Economics from the University of Colorado-Boulder in 1982.

For the past 25 years, Leh has been involved in more than 250 merger and acquisition (M&A) transactions ranging in size from $10 million to more than $1 billion, according to Polsinelli.

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REFILE-M&A, US surge to drive corporate bond market in 2015

LONDON, Dec 17 (IFR) – M&A-related financing and a US borrower surge will be the biggest drivers in next year’s European corporate investment grade market, syndicate officials say.

Euro-denominated issuance in the sector this year totals EUR234.5bn, up almost EUR25bn from 2013, according to Thomson Reuters data. And while many market players expect issuance in 2015 to be roughly the same as this year’s bumper volume, cross-border and M&A influences could boost it further still.

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The M&A Outlook in the Middle East: A Look Back at 2014 and Beyond

The Megatrends in Mergers & Acquisitions conference held in October 2014 focused on the evolving M&A landscape, promoting inbound and outbound M&A in the Middle East, and general industry trends. Among the speakers at the event were Latham & Watkins partner Andrew Macklin, who moderated the global M&A outlook panel, and Latham counsel Christopher Lester, who moderated the value optimization panel.

In this lw.com interview, Macklin and Lester offer key takeaways from the conference, including how market trends in the Middle East compare to the global M&A outlook and how changes in regulatory regimes may impact the future of the market.

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