By Jonathan Ratner, Senior Staff Writer, Financial Post: If Warren Buffett likes ketchup with his mac ‘n’ cheese, it’s probably less about the taste and more because he thinks there is no end in sight for the market’s appreciation of the consumer food sector. The Oracle of Omaha’s Berkshire Hathaway Inc. on Wednesday teamed up with Brazilian private equity firm 3G Capital Partners LP to buy Kraft Foods Group Inc. and merge it with H.J. Heinz Co. The companies did not disclose the value of the.
News & Press
How the Heinz-Kraft merger is part of a consumer staples feeding frenzy. Greater spinoff M&A to come says The Edge
Mar 25, 2015
Future Spinoffs: The path to value creation and how weak governance is hunted by Activists Sandell, Trian Partners and Carl Icahn
Mar 20, 2015
Josh Black, Editor, Activist Insight, March 2015: When Carl Icahn is on a roll, the veteran activist doesn’t like to leave the table early. So when the internet auction site eBay, which Icahn had successfully called on the previous year to spin-off Pay Pal, reached out to ask for advice, he had plenty. The corporate governance reforms sought by Icahn amount to stripping the six companies that will emerge from the divisions of eBay, Gannett and Manitowoc, of takeover defenses that will make it.
Here’s all the terrible stuff that’s about to happen to the Wall Street banks that flunked their stress test. Banks now activist targets predicts The Edge
Mar 11, 2015
By Jonathan Marino, Senior Staff Writer, Business Insider: Failing any portion of the Federal Reserve’s stress test is bad news for a bank holding company. But, now, with activist investors flush with cash — and markets still chasing new all-time highs — the banks that didn’t pass the second portion of the stress tests, announced late Wednesday, are in for more bad news for their stock and their staff. US units of Deutsche Bank and Santander both flunked the second portion of the test. For both.
Big Banks Next: Data Behind Company Spinoffs Reveals Value Creation, finds The Edge and Deloitte
Mar 8, 2015
Contrary to the objections of select corporate boards deciding against the strategic growth opportunities of separately listing a non-correlated division that activists and value investment funds view as currently trapping value, the proposition’s now about to get all the more eye opening. Not only do 2 in 10 spinoff stocks see M&A, newly analysed data by investment and corporate advisors, The Edge Consulting Group and Deloitte reveals that while not all separations work, the majority go on to.
Investors Want The World’s Largest Banks to be Sliced Up, The Edge Research Names Bank of America, Deutsche Bank, JPMorgan and HSBC
Mar 2, 2015
By Kevin Dugan, Senior Writer, New York Post:
Spinoff Value Surges to $1.5 Trillion Reveals New Report by The Edge
Feb 24, 2015
New York, Feb 24: The surge in Activism, Restructuring [Spin-offs] and M&A has brought enormous value. But equally with a degree of risk. With so many value plays ahead like the spinoffs of Baxter International spinning off its valuable Baxalta division, General Electric separating its Synchrony Financial segment or Fiat Chrysler demerging its Ferrari SpA luxury automotive business to investors, the question for most investors is now; how are they planning to cover and analyse the surging space.
Breaking up big banks is hard to do. But not impossible. The Edge predicts why activism will create future Spinoffs, e.g. Bank of America, Citi, HSBC, JP Morgan…
Feb 5, 2015
By Ronald Orol, Senior Editor at The Deal: Though companies aren’t compelled to actually do anything about these proposals — they are, after all, nonbinding — any large negative vote by a company’s shareholder base could become a signal to an activist fund that its fellow investors feel they are being disenfranchised and may welcome a public campaign.
Despite Staples Snub, Activist Has Flex In $6.3B Merger, Staples & Office Depot
Feb 4, 2015
By Karlee Weinmann, staff writer at Law360: When Staples Inc. confirmed Wednesday that it would swallow rival Office Depot Inc., it was careful to strip any credit from the activist investor that pitched the transaction after surfacing in both retailers’ stocks in December. The companies made clear they sidled up to the bargaining table to discuss the $6.3 billion cash-and-stock play in September, long before Starboard Value LP — one of the most prolific activist funds in today’s marketplace —.
Diversified Banks Should Spin-Off Retail Divisions; Bank of America, Citi, Deutsche Bank, HSBC and UBS, finds research by The Edge
Feb 1, 2015
By Michael Ide, Staff Writer at ValueWalk: Falling fee income, tough regulations, and shareholder pressure could make diversified banks spin-off their retail banking units, argues The Edge Consulting Group. Regulators worried about the size and complexity of banks that are too big to fail might get a market solution to their problems, at least according to The Edge Consulting Group, which expects diversified banks to start spinning off their commercial banking divisions in the next few years as.
How to invest like an activist investor, Liz Claman, exclusive interview with The Edge COO, Ryan Mendy
Jan 29, 2015
By Fox News, Business Anchor, Liz Claman: Discussing a few leading global Activist investors like: Dan Loeb, Carl Icahn, Nelson Peltz, and Bill Ackman with future Activist research advisers, The Edge Consulting Group.