Chuckles all round at Betaville towers as senior hacks at the Wall Street Journal backslap themselves for "breaking" the story about Global Insfrastructure Partners and Blackstone's attempt to buy US-listed railroad operator Kansas City Southern for over $20 billion...
Posts tagged: Wall Street Journal
Punters placing bets LVMH's $16 billion takeover of Tiffany could be in trouble, according to Gasparino
Market turbulence and fears over a recession is clearly hitting dealmaking. Today, for example, Aston Martin and Lawrence Stroll have re-cut the fundraising deal with the Tommy Hilfiger tycoon as the embattled carmaker needed an extra £20 million.
Stroll, though, is getting a better deal with his consortium partners receiving 25pc of the company in return for £171m at a price of £2.25 per share...
Scribblers at the venerable Wall Street Journal just landed a corker of a scoop about Mike Ashley's football (soccer) club.
According to the excellent newspaper, Saudi Arabia's Public Investment Fund is backing another tilt at Newcastle United, the Premier League football club owned by the boss of Sports Direct...
Two separate stories about SoftBank and its leader, Masayoshi Son, broke this morning but Betaville found the juxtaposition of the pieces rather intriguing.
The first tale was about SoftBank spending almost $1 billion on Wirecard convertible bonds that could also give the Japanese conglomerate a 5.6pc stake in the German digital payments company. Below is a link to piece in the FT on the topic:..
US-based Woodward has finally released a statement regarding the Wall Street Journal's "scoop" (Betaville seems to remember reading a very similar story on FT Alphaville the day before the venerable American paper published) about Boeing being in takeover talks to buy the aircraft parts maker. I have pasted the Woodward statement below:..
The Wall Street Journal reports that Crispin's letter to investors show his flagship long/short European Fund is down 10pc for July. Below is the link the WSJ piece:
The dynamic Danas over at the venerable Wall Street journal dug out a cracking scoop late yesterday about Sweden's Hexagon AB weighing a $20 billion sale of the business. Here is the link in case you missed it:
Take a bow M&A hacks over at the venerable Wall Street Journal.
Late last night the two Danas published a tale about London-listed Reckitt Benckiser is in talks to buy US baby food company Mead Johnson for over $16 billion and today the FTSE 100 company has confirmed the WSJ's mega scoop. (see the link below)..
Hilarious (or ridiculous, perhaps) - the Financial Times is now reporting little old Betaville's AIG/Ascot scoop but attributing the tale as "first reported" by the Wall Street Journal. Here is the link: