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.
PLC Systems Inc., an OTC-traded medical device maker has hired investment advisory firm Natixis Bleichroeder to help it raise capital and examine “strategic alternatives.”
German cable provider Kabel Deutschland is for sale. Carlyle, BC Partners and Advent are currently in the bidding pool.
Miramax is for sale, and Lionsgate is interested in it. That could change the bidding dynamics of the auction for MGM.
Iteration Energy, a listed Canadian oil and gas explorer, initiated a process to explore strategic alternatives. The company engaged FirstEnergy Capital Corp and Scotia Waterous Inc as co-financial advisors to assist it in this process.
Hanmi Financial Corporation‘s Board of Directors authorized the Company’s management team to explore a broad range of strategic alternatives. Cappello Capital Corp. has been engaged as the Company’s financial advisor in this process. Hanmi is parent to Hanmi Bank, which provides multi-ethnic banking services in L.A.
Lloyds is in talks with Advent International and Collar Capital, as well as 3i, for its Integrated Finance unit, formerly part of HBOS.
New Jersey-based Speedus Corp. (Nasdaq: SPDE), engaged Morgan Joseph & Co. Inc. to evaluate strategic alternatives available to maximize shareholder value with respect to Speedus Corp’s subsidiary, Zargis Medical Corp.
T-Mobile USA, owned by Deutsche Telecom, may go public or spin itself off from the unit. (Reuters)
Staffing companies are the latest hot target. “After a series of deals in recent weeks, 2010 is shaping up as the year of mergers and acquisitions in the fragmented U.S. staffing industry .” (Reuters)
FriendFinder Networks has shelved its IPO plans, citing market conditions. FriendFinder runs websites such as BigChurch.com, a site for single Christians, but derives its revenues primarily from its adult-oriented offerings such as AdultFriendFinder.com and Cams.com, according to a prospectus filed with the U.S. Securities and Exchange Commission. (Reuters)
Bankrupt AeroThrust Corp., a Miami-based maker of airplane engines, is seeking buyers but has received no offers and will likely liquidate its assets.
Progenics Pharmaceuticals, Inc., a Tarrytown, NY, biopharmaceutical company, is pursuing strategic alternatives for RELISTOR, including licensing, collaboration, strategic alliances and U.S. commercialization or co-promotion, following termination of its 2005 collaboration with Wyeth Pharmaceuticals, which is continuing manufacturing, sales, marketing, and certain development and regulatory activities for RELISTOR during the transition.
Simmer & Jack Mines, a Toronto-based miling company, is reviewing options for its 37% holding in First Uranium, a company which is also exploring strategic alternatives.