Mergers' India connection: Merrill joins rivals in outsourcing grunt work

Article Abstract:

Merrill Lynch and Company Inc. has purchased a stake in India's Copal Partners for $11 mil, becoming the third major bank to do so after Citigroup Inc. and Deutsche Bank AG. The three investment banks together own a quarter of the Indian outsourcing firm. Merrill will use Copal's deal research services.

Use of services, Contracts & orders received, Professional, Scientific, and Technical Services, India, BUSINESS SERVICES, Contracts & orders let, Contracts, Contract agreement, Merrill Lynch & Company Inc., Outsourcing

---

Carlyle to buy Numericable, Completel stake

Article Abstract:

US-based private equity company Carlyle Group L.P. will buy a 35% stake in French cable operator Numericable and its sister unit, telecommunications provider CompleTel, for $1.44 bil. The deal involves Carlyle acquiring half of the 70% stake owned by Cinven Group Ltd.

Cable Television Systems, Cable Networks, Cable and other pay TV services, France, Cable television broadcasting industry, Carlyle Group L.P., NC Numericable, CompleTel Europe

---

Banks are cold on China issues for outsiders

Article Abstract:

Foreign investment banks have recently won approvals to make investments in China's bond and securities markets. However, some of those banks say that investors should take an "underweight" position in China's stock markets.

China, Security and Commodity Services, Bonds, Bonds (Securities)

Similar abstracts:

• Abstracts: International canvas. The case of outsourcing. Coming to a wall near you
• Abstracts: Maersk nears acquisition deal amid growth spurt in shipping. Two shipping firms plan bond sales
• Abstracts: Bush emphasizes cooperation at EU summit. U.S. fails to mend image in Europe. U.S.-Europe spat: worst may be over
• Abstracts: sweden could delay euro entry. Swedish minister's murder puts euro vote in turmoil
• Abstracts: Airbus sees an opening in U.S. military market. Airbus firms up plans for a new jet

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.