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Tag: tag: bankruptcy

Ford and GM are reportedly in talks for a cash-up deal to rescue bankrupt First Brands Group – Ford Motor (NYSE:F), General Motors (NYSE:GM)
Business

Ford and GM are reportedly in talks for a cash-up deal to rescue bankrupt First Brands Group – Ford Motor (NYSE:F), General Motors (NYSE:GM)

Ford Motor Co. (NYSE:F) And General Motors Co. (NYSE:GM are reportedly in talks to provide a financial lifeline to save the bankrupt auto parts supplier First brand group. The potential deal involves the automakers making upfront payments for the products they will receive. This would provide First Brands with much-needed cash to continue operations. The […]

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Deal Dispatch: Abbott, TPG, Lonza making big strides; M&M Custard & New Fortress Energy Struggle – Abbott Laboratories (NYSE:ABT), Comcast (NASDAQ:CMCSA)
Business

Deal Dispatch: Abbott, TPG, Lonza making big strides; M&M Custard & New Fortress Energy Struggle – Abbott Laboratories (NYSE:ABT), Comcast (NASDAQ:CMCSA)

New on the block Swiss life sciences giant Lonza group is shopping the capsules and health ingredients division, and the shortlist is full of private equity heavy players. In the running: Altar, Lone Star FundsAnd One rock capital. Expected sales price: minimum €2.5 billion (US$2.8 billion). Think of it as a showdown along the supplements, […]

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