NEW YORK - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
More Merrill dealmakers follow Orcel to UBS: source
LONDON (Reuters) - UBS (UBSN.VX) has hired six more dealmakers from Bank of America Merrill Lynch (BAC.N), a person familiar with the matter told Reuters, following the appointment of Andrea Orcel at the helm of the Swiss firm's investment bank.
The latest hires include Javier Oficialdegui, who will become co-head of financial institutions for Europe, the Middle East and Africa, the person said.
(Reporting by Victoria Howley. Editing by Douwe Miedema)
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