Breakingviews on Twitter
Search League Tables

Thursday, 02 July 2015


Shipping container cranes are seen at the Patrick port facility in Melbourne June 9, 2009.

Brookfield can sail off with Asciano

02 July 2015

The Canadian investor wants to buy the Australian ports and rail operator for $6.8 bln. A solid 36 percent premium was enough to get Asciano’s board talking. So shareholders seeking a big sweetener may be disappointed. Part-payment in shares could be the main obstacle.

Cuba's President Raul Castro and U.S. President Barack Obama hold meeting in Panama City, Panama April 11, 2015.

Cuba's coming boom: A cautionary Caribbean tale

02 July 2015

As the communist nation’s emergence takes another step with U.S. diplomatic ties restored, its neighbor Puerto Rico is descending into a debt crisis. Breakingviews imagines a future conversation between former Presidents Castro and Obama if Cuba fails to heed the warning.

A man, with a sign strapped to his back, uses a megaphone to attract the attention of potential employers as he hands out resumes on Bay Street in the financial district in Toronto, March 5, 2009.

U.S. jobs gains yet to vanquish crisis hangover

02 July 2015

The economy added more positions in June and the jobless rate fell to 5.3 pct. It’s a steadily improving situation – yet there are clear signs of slackness, like a new low for workforce participation and stagnant wages. The damage from the 2008 crunch is proving persistent.

Flu vaccine drips out of a syringe as a nurse prepares for a patient at a clinic in central London November 22, 2005.

Healthcare M&A pumped after Obamacare booster shot

02 July 2015

The U.S. top court decision upholding medical-coverage subsidies signals the official start of a race to consolidate. Centene and Health Net’s $6.3 bln deal gives the insurers an early lead. Big rivals like Cigna may catch up as the industry accepts that reform is here to stay.

BP may now get closure on Gulf spill

02 July 2015

The UK oil major has settled claims with the U.S. government and five states for $18.7 bln. It brings the total bill to $53.8 bln. But it could have been worse and it’s payable over as much as 18 years. It may also mean BP can finally put the Deepwater disaster behind it.

A sunflower blooms in front of a wind generator.

Iberdrola’s American dream gets harder to realise

02 July 2015

The Spanish utility’s $3 bln takeover of listed U.S. peer UIL has been dissed by the Connecticut regulator. Iberdrola can probably offer concessions to get the deal done. But the costs of doing so risk making its attempt to crack the fragmented American market less attractive.

The Electrolux logo is seen during the IFA Electronics show in Berlin September 4, 2014. REUTERS/Hannibal Hanschke

GE could yet pull cooking appliance deal from fire

01 July 2015

U.S. trustbusters sued to block Electrolux’s $3.3 bln purchase of the conglomerate’s oven business. The firms may be able to pull an American Air-US Airways and sell assets to save the deal, but market definition issues loom. Either way, Uncle Sam knows how to turn up the heat.