public marks

PUBLIC MARKS from bacon with tag plc

April 2009

Lehman Brothers Law Firm Weil Gotshal Seeks $55 Million in Fees

Lawyers and Accountants who are trying to reform the European crumple of American investment bank Lehman Brothers,the world’s biggest bankruptcy, have charged more than £100 million in fees in six months. New York-based Weil, Gotshal & Mange...

HSBC seeks $4 bln from property sales to fuel bank's Asian expansion

Europe’s largest bank, HSBC Holdings Plc is looking to sell three of its office buildings, including its London headquarters at Canary Wharf, to raise GBP 2.7 billion or EUR 3 billion. The other offices on sale include the company’s French ...

February 2009

AIG Asia asset sales plan, yes or no?

Citigroup and Goldman Sachs are advising AIG on its Asia asset sales. AIG initially intended to sell 49% of AIA, which is Asia’s largest life insurer with operations in 10 countries, but it has since signaled it was open to selling the whole unit...

Tata's Jim Leng resigns as chairman-elect, Mining giant Rio Tinto

Rio Tinto announces that Jim Leng, a non-executive Director, has resigned from the Boards with immediate effect and will therefore not take up the post of Chairman of the Boards in April as previously planned. At the request of the Boards, Rio Tinto&#8...

December 2008

Mwana Africa Plc Considers Halting DRC Diamond Exploration after BHP pulls out

Mwana Africa Plc has been hit by news that BHP Billiton, its joint venture partner working on diamond exploration in the Democratic Republic of Congo, is set to pull out of agreements between the two companies. Mwana said that BHP had given notice of i...

November 2008

Tony Hayward BP CEO says new boss for TNK-BP in next month

Tony Hayward, Group Chief Executive British oil major BP Plc told that the new TNK-BP TNBPI.RTS CEO, to replace Bob Dudley, would be announced in the coming weeks but did not give details of potential candidates. “P was not suffering from the cur...

October 2008

Aricom Plc CEO Jay Hambro Seeks $1 Billion for K&S and Garinskoye mines

Aricom Plc. estimated the maximum net external funding requirement for the K&S and Garinskoye mines at $1.0 billion and said a completed feasibility study and independent review over the project has proved its viability in a number of scenarios. Th...

Cadbury CFO Ken Hanna to step down for Inchcape

Chocolate maker, the confectionery group Cadbury Plc said that Ken Hanna, its chief financial officer or finance director, will step down from the board in April next year. Hanna have completed five years in the role at the chocolate and chewing gum c...

September 2008

Robert E. Diamond Jr. plan- Analysis on Barclays PLC and Lehman Brothers deal!

Barclays snaps up Lehman Brothers for $1.75 billion??? They should have waited. But not a bad deal at all for Barclays makes them look good for saving part of Lehman’s, and they avoid the risk exposure. Remember guys these where the same people...

Alcatel-Lucent Picks Philippe Camus, Ben Verwaayen as a new Chairman and CEO

Alcatel-Lucent’s board (the world’s largest French-U.S. telecommunications-equipment company) chose Philippe Camus, a former European aerospace company EADS co-CEO and partner at French media group Lagardere, its new chairman, and Ben Verw...

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