Today is turning into another Merger Monday. So far this morning it's been announced that:
1. Glencore has made a $23 billion hostile all-stock takeover offer for Canadian mining company Teck Resources Ltd. Below is a link to the Glencore announcement:..
So, perhaps Merve Metcalfe of Dean Street Advisors has a point after all.
His interview about cheap valuations and take privates of British conmpanies on the Powerscourt Friday Fix podcast series went out on a Friday and by Monday morning American private equity giant Blackstone had announced the £500 million purchase of London-listed property company Industrials REIT.
Metcalfe, though, doesn't appear to have any involvement with that deal...