Pass go and collect 200 pounds sterling (an hour)

Article Abstract:

Companies can incur large costs when making bids, and this is illustrated by the cases of Trafalgar House in its bid for Northern Electric, and LASMO's defense against Enterprise Oil. The latter cost 24 million pounds sterling, while Trafalgar House could pay up to 60 million pounds sterling. UK companies have become accustomed to high fees, and tend to pay for services at the going rate rather than seek the cheapest price. Some observers argue that there should be greater transparency over fees.

Security brokers and dealers, Prices and rates

---

The agony and the ecstasy

Article Abstract:

UK investment banking has seen a number of changes in 1st half 1995, including the takeover of two banks, S.G. Warburg and Barings, with Kleinwort Benson to follow. Banks from continental Europe have shown interest in these banks, a trend which surprises some observers. UK mergers and acquisitions could be fuelled by cash being accumulated by many companies. Some firms may also seek to complete takeovers prior to the next election in case the political climate proves more hostile to such moves.

United Kingdom

---

Wasserstein wins by a short head

Article Abstract:

Kleinwort benson and Wasserstein Perella are two merchant banks which have become involved in UK acquisitions in the US, and rank first in terms of market share in this activity. Wasserstein provided advice on the acquisition of Sterling Winthrop and Diversified Pharmaceutical Services for SmithKline Beecham, with three deals accounting for 3.71 billion pounds sterling, while Kleinwort Benson was involved in three bids totalling 3.42 billion pounds sterling.

United States, Foreign investments, Market share, Wasserstein Perella and Company Inc.

Similar abstracts:

• Abstracts: Planet Snak orbits singles scene. The code breakers
• Abstracts: Bangkok moves to stabilize its foundering finance sector. The Thai Trust Fund scheme persists as premium concern to foreign investors
• Abstracts: Planned launch of 2 funds in Seoul rekindles interest in preferred shares. Bad news for Daewoo Group chairman could be good news for securities unit
• Abstracts: A car is born: choosing to launch a global product in an emerging market is risky. But Fiat had good reason to do so with the Palio
• Abstracts: Ed Annunziato: Merrill Lynch. Profile: Mark Florman and Sten Westerberg Maisels, Westerberg. Merrill Lynch: London's latest dream team?

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