Midweek M&A Madness
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. Berens Energy Ltd, a Canadian junior oil and gas company, said its board began a process to explore strategic alternatives. The company engaged Peter & Co to assist in it in the process. (Reuters) First Marblehead Corporation continues to examine strategic alternatives for Union Federal. The company has sold the private education loans on Union Federal's books. (CNN) Danish telecommunications provider TDC has kicked-off a sales process and started interviewing banks with a view to a possible listing early next year. TDC is 88% owned by a private equity consortium comprising Kravis, Kohlberg, Roberts & Co., Permira, Apax Partners, Blackstone Group (BX) and Providence Equity Providence through Nordic Telephone Company. (Dow Jones) Global Energy Holdings Group, Inc. a diversified renewable energy company based in Atlanta, Georgia, is bankrupt and seeking a buyer.
