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Amid the slump, a rich seam of deals You would expect M&A to dry up in a downturn but, as Ben Harrington explains, the City is seeing some oft-rumoured deals become reality
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The Sunday Telegraph London; Aug 17, 2008; ; 700+ Words
...But a raft of the City's oft-mooted deal rumours becoming...deals, including Santander's acquisition of Alliance & Leicester...Airways' merger talks with Iberia, an attempted merger between TNS and GfK, Adecco's tilt at Michael Page and UPS...
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Gaz-guzzler stocks motor ahead as oil drops
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The Independent - London; Aug 16, 2008; ; 700+ Words
...American Airlines and Spain's Iberia for a transatlantic tie...Lewis, Middle England's so-called favourite store...Adecoo. The Swiss-based Adecco offered 400p a share which...ball was now in Adecco's court but anything below...
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Markets Friday: FTSE reverses early gains.
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Investors Chronicle - magazine and web content; Aug 15, 2008; 700+ Words
...with American Airlines and Iberia, added 2.1 per cent to 259p...the pound, taking sterling's losses in the past month to...unsolicited approach from Swiss rival Adecco. The Michael Page board said that Adecco's offer "materially undervalued...
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United States: London shares ease back midafternoon; Wall Street weaker as oil prices firm.
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TendersInfo; Aug 19, 2008; 700+ Words
...demanding urgent talks with U.S. and EU regulators to protest against the group's proposed tie-up with American Airlines and Iberia.And retailer Kingfisher...approach from Swiss rival Adecco, after Michael Page rejected...half profits.The Lloyd's underwriter saw its pretax...
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