Goldman may top Gates consortium in bid for Cliveden

Article Abstract:

Goldman Sachs and Co., a US-based investment banking company, is believed to have plans to launch a bid for Cliveden PLC, the UK-based luxury hotel group that received a takeover bid from Destination Europe USA, a consortium of US investors that include Microsoft Chairman Bill Gates. Sources familiar to the transaction noted that Goldman Sachs already approached Cliveden through its Whitehall real estate investment arm. It is also rumored that Goldman Sachs is likely to partner with a US hotel group in making its offer for the hotel group.

Comment:

Is believed to have plans to launch bid for Cliveden PLC, a UK-based luxury hotel group

United Kingdom, Securities Dealers, Investment Banking and Securities Dealing, Hotels & Motels, Hotels (except Casino Hotels) and Motels, New York, Goldman Sachs and Co., Hotels and motels, Cliveden PLC

---

Baan agrees to acquire CAPS Logistics

Article Abstract:

Baan NV, a Danish software firm, is preparing to purchase Atlanta, GA-based CAPS Logistics Inc. in order to establish a position in the new software market sectors. The proposed all-stock transaction, where the financial terms have not been revealed, indicates the growing trend among dominant enterprise software firms of shifting towards faster-growing software products. Baan stated that the purchase allows the company to offer a wider array of products that envelope the entire aspects of the firm's operations.

Comment:

Is preparing to buy Atlanta, GA-based CAPS Logistics Inc in order to establish a position in the new software market

United States, Computer Software, Software Publishers, Denmark, Foreign operations, Business Software Pkgs (Micro), Software, Business management software, Suites (Software), Caps Logistics Inc., Baan N.V.

---

Similar abstracts:

• Abstracts: Randstad to buy Strategix for $850 million in cash. Scotts to acquire European businesses. Wolters Kluwer agrees to buy Plenum Publishing
• Abstracts: United Video discloses bid for Gemstar. Scottish Power to acquire PacifiCorp in first foreign purchase of U.S. utility
• Abstracts: German Biotech sector is attracting U.S. firms. Hoechst in pact on its paints unit. Bayer posts healthy rise in second-quarter profit
• Abstracts: Usinor raises its bid for J&L after first attempt rejected. Vivendi to acquire stake in FCC for $719.8 million
• Abstracts: British Air cuts capacity-growth forecast. British Airways plans to overhaul its fleet

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.