M&A IN Pipeline 20181008


KKR

** KKR & Co has launched a A$1.75 billion ($1.24 billion) takeover offer for MYOB Group after buying almost a fifth of the Australian accounting software provider, as the U.S. private equity firm grows its portfolio of tech businesses.

** Czech lender Moneta Money Bank announced plans on Monday to acquire domestic peer Air Bank and other assets in one of the largest deals in the Czech banking sector in recent years.

** Orsted, the world’s largest offshore wind developer, said it would buy U.S.-based Deepwater Wind LLC for $510 million as part of its strategy to expand in a major growth market.

** Britain’s largest listed insurer Prudential Plc is eager to make acquisitions in Asia and is eyeing distribution partnerships with banks in countries including Indonesia and Vietnam to boost growth, its Asia chief executive said.

** Australian Unity Office Fund said that funds managed by Starwood Capital Asia Ltd raised their buyout offer for the real estate investment trust for a third time, making the deal potentially worth A$480.4 million ($338.9 million).

** Asset manager Schroders Plc and Lloyds Banking Group said on Sunday they were in discussions over a wealth management alliance.

** Britain has sought additional reassurances from cable company Comcast over the editorial independence of the Sky News television channel following the U.S. group’s takeover of broadcaster Sky.

** France would block any moves by a foreign power to gain control of ADP, the airports company whose possible privatization has been approved by the government, Finance Minster Bruno Le Maire said. (Compiled by Aakash Jagadeesh Babu in Bengaluru)

** The European Commission approved without any conditions the acquisition of Swedish Com Hem telecoms services provider by rival Tele2.

** AlixPartners, the interim manager of Abraaj’s $1 billion healthcare fund, has decided to redistribute the troubled private equity firm’s stake in the fund to its other investors, sources familiar with the matter said.

** Apollo Global Management LLC said that it agreed to buy about $1 billion portfolio of equity investments in energy assets from General Electric’s finance arm GE Capital.

** EU antitrust regulators are set to approve Microsoft’s $7.5 billion bid for coding website GitHub without demanding concessions, two people familiar with the matter

** Jose Seripieri Filho, a shareholder and founder of Brazilian healthcare insurer Qualicorp SA, has pledged to acquire at least 150 million reais ($39.1 million) worth of the company’s shares, the firm said.

** Deep-sea oil driller Ensco Plc said it would buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to increase its rig count and benefit from Rowan’s joint venture with Saudi Aramco.

** BNP Paribas, France’s largest listed bank, said that it plans to sell part of its 22 percent stake in Indian insurer SBI Life over the coming quarters as local regulation requires a larger free-float for SBI Life.

** China’s Evergrande Health Industry Group Ltd shares slumped, on news it was being sued by electric vehicle (EV) start-up Faraday Future for failing to make a payment and that Faraday was looking to scrap a deal to sell a stake.

** French hospital operator Ramsay Generale de Sante raised its cash bid for Sweden’s Capio by almost 20 percent, valuing the company at around 8.19 billion crowns ($903 million).

** A wealth management tie-up between Schroders and Lloyds would give the asset manager access to the distribution network of Britain’s biggest bank, which would gain investment skills and greater diversification, analysts said.

** Baker Hughes, the world’s second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company’s (ADNOC) drilling unit for $550 million under a tie-up.

DISCLAIMER: This is a beta blog.  The information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website or venture capital firm for a press release as this is a beta blog that does not update information.

2014 CEO of the Year (Polls open 1/2015)


Not sure why a lot of people vote for “CEO of the Year” before the year ends.

Microsoft took a $900 million charge for the Surface RT due to wrong price!  Surface saved Microsoft under Steve Ballmer leadership; however, not sure if Steve is the biggest winner or loser CEO almost year! Email JD Morris for his top 10 Steve Ballmer BOMBS!

Jorma Ollila was CEO of the Year in 2000 for Nokia by Morning Star!  Even my VC friends changed the name of their VC fund from Nokia Ventures.

Blue Run Ventures

Our polls for CEO of the Year open after our 1st radio show with Investor Network Nights.

Until then, look at Morning Stars CEOs of the Year and read their book (or laugh)!

2013
E. Hunter Harrison
Canadian Pacific Railway (CP)

2012
Merrill A. (Pete) Miller Jr.
National Oilwell Varco (NOV)

2011
James Sinegal
Costco Wholesale Corporation (COST)

2010
Alan Mulally
Ford (F)

2009
Mark Miller
Stericycle Inc. (SRCL)

2008
Warren Buffett
Berkshire Hathaway (BRK.A, BRK.B)

easy-money game

2007
Robert S. Silberman
Strayer Education, Inc. (STRA)

2006
Willard Oberton
Fastenal (FAST)

2005
Richard Kinder
Kinder Morgan (KMI), parent company of Kinder Morgan Energy Partners (KMP) and Kinder Morgan Management (KMR)

2004
Herbert and Marion Sandler, co-CEOs
Golden West Financial Corporation (GDW)

2003
Harold M. “Max” Messmer
Robert Half International (RHI)

2002
Jamie Dimon
Bank One (ONE)

2001
Jim Parker and Herb Kelleher, current and former CEOs
Southwest Airlines (LUV)

2000
Jorma Ollila
Nokia (NOK)

1999
Charles Schwab and David Pottruck, co-CEOs
Charles Schwab and Co. (SCHW)

Investor Network by JD

We look forward to our Next Investor Network Nights!  URL to learn more: http://redhookcapital.me/category/investor-network-nights/

Happy Investing & Networking,

JD Morris

JD Morris

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