Archive for March 29th, 2007
BCE Takeover 2
29 March 2007The press release that came out from BCE (BCE:TSX) in response to the story this morning in the Globe and Mail was interesting, as much by what it did say, and how it was said, as what it didn’t:
“At the request of the TSX Market Regulation Services, BCE today issued a statement to confirm the [...]
BCE takeover – only a matter of time
29 March 2007Reflect for a moment on the events leading up to the rumours this morning that KKR is in talks to take BCE private for at least $30 billion, likely in conjunction with OTPPB. The ironies abound:
- for all of the gnashing of teeth about leaky M&A deals, even this one leaked before folks were [...]
Australia to investigate buyout world, will BCE deal stir copycat move here?
29 March 2007One more example that overly successful capitalism is testing the relationship between the haves and the have-nots, the pending Qantas Airline takeover has prompted the Australian Senate Economics Committee to “investigate the impact of private equity groups on the economy and the risks they may pose to investors”, according to FT. Don’t forget that [...]