A look at some must-read news on deals and deal makers around the world
Groupon mulls IPO at $25-billion valuation
Groupon, the online coupon distributor, is talking to banks about an initial public offering that would value the company at $25-billion (U.S.), Bloomberg News reports.
Groupon has been a rock star of the tech world, its value surging as the company signs up more people to its coupon distribution lists. The problem, critics say, is there's no particular magic to what Groupon does, and the result is that new entrants could easily steal business.
IPO market on hold because of Japan
It's one thing to talk about an IPO. It's another thing to actually pull one off in current markets.
Lagardere, the big French conglomerate, has put its IPO of its stake in broadcasting business Canal+ France on hold because of the Japanese situation and its effect on markets.
The Hong Kong Market is also feeling the pinch, Reuters reports.
And the biggest IPO of them all that's out there in the woods, Glencore, may have to wait as well because its holdings have been losing value, according to Bloomberg.
Is Buffett getting value from Lubrizol?
Reuters Breakingviews digs into Warren Buffett's acquisition of Lubrizol and concludes that if there's value there, it isn't coming cheap.
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