Mergers and acquisitions in the North American power and utilities space is continuing to recover from a steep dropoff, with third-quarter 2013 deal activity up from second-quarter and year-ago levels. There were 12 power and utilities deals valued at more than $50 million in the third quarter, up from seven in the previous quarter and… Keep reading →
Persistently low natural gas prices and a search for stable cash flows helped drive a large year-over-year increase in power and utilities mergers and acquisitions in 2Q 2013, according to accounting giant PricewaterhouseCoopers. The value of North American power and utilities M&A deals worth $50 million or more rose sharply year-over-year, reaching $12.5 billion, up… Keep reading →
A lot of “unfortunate” attention was put on the Federal Reserve’s leadership ahead of yesterday’s FOMC meeting following President Obama’s comments that Chairman Ben Bernanke has “already stayed a lot longer than he wanted or he was supposed to.” So while potential candidate names such as Janet Yellen, Timothy Geithner, Christina Romer, Stanley Fischer, Larry… Keep reading →
