BBG: Goldman Sachs makes a brave M&A move

default_image

© Khunaspix Dreamstime.

By Alessandro Pasetti

03/02/2019

Bloomberg‘s Chris Hughes writes: “Apollo Global Management’s reputation for M&A savvy is suddenly under threat. The U.S. buyout firm this week encountered a potential challenge to its agreed $4.4 billion deal for U.K. packaging company RPC Group Plc. Tactics that avoided an auction have now left it unable to fight back against an interloper.”

Read more...

Comment on this article

You must be logged in to post a comment.

Topics

Apollo Bloomberg Goldman Sachs RPC Group

Most read news

Looming 'indefinite' strike set for the Port of Montreal as tensions rise

Forwarders on the hook for millions following Debenhams collapse

Gemini warns of 'meltdown' when Suez reopens

Vessel bunching on USEC slow to clear, as ILA shapes new 'strategy'

Shippers to opt for direct port calls over speed of service, predicts MSC's Soren Toft

Why I’ll miss the ‘defiantly brazen’ Schenker

Flexible airfreight must find balanced traffic flows to keep networks in tact

Fallout from hurricanes a greater concern than strikes, say forwarders

China tightens rules on hazardous cargo at Ningbo

Warehousing confusion as Amazon cuts space allocations pre-peak

Spot rates ex-Asia still falling, despite USEC congestion, with more blanks

India takes RMG market share from strife-ridden Bangladesh

'Inconclusive' MEPC 82 set the stage for a CII showdown at next meeting

TS Lines expands Africa services and orders more ships

Soaring airfreight rates see Dhaka cargo being moved via China

Air cargo spot rates hit 2024 peak, while Vietnam becomes a hotspot