Wednesday, December 21, 2011, 3:24 AM
Delphi Financial Group (DFG) to be acquired by Tokio Marine Holdings (TKOMY.PK) for $43.875 per Class A share and $52.875 per Class B share in cash, or a total of $2.7B including a special dividend. The deal is part of a larger trend of Japanese firms capitalizing on the strong yen to go shopping abroad, hoping to offset weak growth at home.
Comment![Financials, Global & FX, M&A]
Monday, May 24, 2010, 2:25 PM
Nissan (NSANY.PK) CEO Carlos Ghosn is the latest to foresee a big recovery in auto sales, and now there's talk of a wave of auto-parts acquisitions. “Companies that spent the last 18 months cutting costs in a panic are finally taking a breath and [thinking] strategically again,” one analyst says. Possible targets: assets from companies such as GM spinoff Delphi (DFG), France's Faurecia (EO), Lear (LEA) and ArvinMeritor (ARM).
Comment!