April 14, 2005
This information is provided as a service of The Deal.com
Jury Still Out on New Siebel CEO
Corporate Restructuring: Replacing his predecessor after only 11
months in office, board member George Shaheen’s coming-out party
met with the skepticism of institutional investors. (Read
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Publishers Attract High Price
Auction: The private equity sellers of Canon Communications, Hanley
Wood and F+W Publications are looking for high multiples and may get
them. (Read
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Apax Withdraws Woolies Offer
Private Equity: Shares of British retailer Woolworths fall 30 percent
after Apax withdraws its $1.6 billion bid for the company. (Read
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South Korea Probes PE Funds
Regulatory: A report in the official news service says funds
affiliated with Lone Star and Carlyle are under investigation by South
Korean tax authorities. (Read
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Two Bankers Leave Morgan
Dealmakers: The turmoil continues at the investment bank as Joseph
Perella and Tarek Abdel-Meguid resigned amid calls for CEO Philip
Purcell to step down. (Read
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Livedoor, Fuji Quietly Talk
Deals: The companies have entered into negotiations that may see
Livedoor relinquish its 50.21 percent stake in Nippon Broadcasting
Systems and offer a 15 percent share of itself. (Read
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CVC, Ironbridge Exit Affinity
Privatization: In just 18 months, the two private equity firms have
increased their investment three-fold with the $1.1 billion sale of
Affinity Healthcare of Australia to Ramsay Health Care. (Read
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Berlin May Ease Bank Mergers
Regulatory: The city-state’s Parliament will review legislation
to let private investors buy into its wholesale bank. (Read
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