M&A Monday
Here are some potential M&A ideas, rumored or official, to jumpstart your deal pipeline. Our sources are various news reports and the Buyouts “Seeking Buyers” list. For prior lists, see below. PLC Systems Inc., an OTC-traded medical device maker has hired investment advisory firm Natixis Bleichroeder to help it raise capital and examine "strategic alternatives." German cable provider Kabel Deutschland is for sale. Carlyle, BC Partners and Advent are currently in the bidding pool. Miramax is for sale, and Lionsgate is interested in it. That could change the bidding dynamics of the auction for MGM. Iteration Energy, a listed Canadian oil and gas explorer, initiated a process to explore strategic alternatives. The company engaged FirstEnergy Capital Corp and Scotia Waterous Inc as co-financial advisors to assist it in this process. Hanmi Financial Corporation's Board of Directors authorized the Company's management team to explore a broad range of strategic alternatives. Cappello Capital Corp. has been engaged as the Company's financial advisor in this process. Hanmi is parent to Hanmi Bank, which provides multi-ethnic banking services in L.A.
