Wilbur Ross, Carlyle Will Buy Ireland’s Education Savings Bank

by | Sep 15, 2010 | Towing

Investor Wilbur Ross will buy Ireland’s troubled Education Savings Bank as part of a consortium with private equity outfit Carlyle and Dublin-based Cardinal Group.

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The consortium will close the deal for the bank, which has about $15 billion in deposits, as soon as next week, Ross told CNBC.

The consortium will “buy the bank and pour capital into it”, CNBC reported.

The Irish bank…

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Wilbur Ross, Carlyle Will Buy Ireland’s Education Savings Bank originally appeared on DailyFinance on Wed, 15 Sep 2010 07:49:00.

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Stock Watch: Three Ways to Profit from Software M&A

by | Sep 14, 2010 | Towing

Shares of software security companies are rising as investors hope to cash in on growing M&A activity. One the heel’s of Hewlett-Packard’s decision to acquire ArcSight, here are three other companies that could be future take-o…

Is Google Interested in Quicksee for Street View?

by | Sep 13, 2010 | Towing

Google has set its sights on Quicksee, looking to add an interactive, virtual tour type of feature to its controversial Google Street View service. Will such a deal add to users’ privacy concerns?
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BAE Systems Puts U.S. Component Unit Up for Sale

by | Sep 13, 2010 | Towing

British defense company BAE Systems (BAESY) hired two banks to sell its U.S. component manufacturing businesses.

The company confirmed Monday that it had hired Wells Fargo (WFC) and JP Morgan (JPM) “to advise on strategic options” regarding its Platform Solutions unit, including a possible sale, Reuters reported.

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BAE could raise as much as $2 billion by selling part of its North…

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BAE Systems Puts U.S. Component Unit Up for Sale originally appeared on DailyFinance on Mon, 13 Sep 2010 08:32:00.

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