The frothiness continues unabated with KKR coming forward to submit a formal takover proposal for Walgreens Boots Alliance. Click on the link to the Financial Times piece below for the latest on the deal:
https://www.ft.com/content/9824af60-049d-11ea-a984-fbbacad9e7dd
Now Betaville was a bit sceptical that a $70 billion leveraged buy-out of Walgreens Boots Alliance would actually happen...
Wow!
The M&A chaps at the venerable Financial Times are on fire at the moment with another humdinger of a scoop about the LSE merging with Refinitiv as part of a $40 billion combination.
Below is the link:
https://www.ft.com/content/ddf40314-afc6-11e9-8030-530adfa879c2..
The world’s largest private equity firm has put Ideal World on the market after it’s investment in the home shopping television channel turned sour.
People familiar with the matter said US buy-out giant Blackstone has appointed advisers from Deloitte to quickly find a buyer for Ideal Shopping Direct, a home shopping group that sells its products on Sky, Freeview and Virgin Media.
Ideal Shopping Direct’s main channel is Ideal World...
US retailer Coach is working with corporate financiers on a potential combination with Burberry to create a $20 billion luxury clothing giant, according to two sources familiar with the situation.
Coach has been talking to financial advisers from Evercore for several weeks about the potential deal, according to two sources familiar with the situation...
Oh look - I see Blackstone and D Carnegie have this morning confirmed this week's Tip TV tale about the US private equity firm sniffing around the Swedish property group.
Here are the links:
and this morning's news:..