Oil-Services M&A May Incentivize Industrial Deals: BI (Earlier)
2015-09-01 15:27:41.837 GMT
By Rachel Layne
(Bloomberg) -- GE, Siemens, Dover expressed interest in
energy M&A with GE at ~$20b capacity from finance unit sales,
while CAT has $4.8b in “such capacity” using Bloomberg
Intelligence models, analyst Karen Ubelhart writes in note.
* M&A in oil services sector may rise as “stress across the
sector intensifies”
* Large industrials w/highest energy exposure: EMR 40%, DOV
26%, ROP 20%, PNR 19%, SPW 18%, GE 17%, CAT 13%
* NOTE: Yday, GE Capital on track for ~$35b in dividends to
parent under plan
* Aug. 17, Multi-Industry M&A Possibly Near ’Tipping
Point’: Morgan Stanley
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To contact the reporter on this story:
Rachel Layne in Boston at +1-617-210-4634 or
rlayne@bloomberg.net
To contact the editor responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
2015-09-01 15:27:41.837 GMT
By Rachel Layne
(Bloomberg) -- GE, Siemens, Dover expressed interest in
energy M&A with GE at ~$20b capacity from finance unit sales,
while CAT has $4.8b in “such capacity” using Bloomberg
Intelligence models, analyst Karen Ubelhart writes in note.
* M&A in oil services sector may rise as “stress across the
sector intensifies”
* Large industrials w/highest energy exposure: EMR 40%, DOV
26%, ROP 20%, PNR 19%, SPW 18%, GE 17%, CAT 13%
* NOTE: Yday, GE Capital on track for ~$35b in dividends to
parent under plan
* Aug. 17, Multi-Industry M&A Possibly Near ’Tipping
Point’: Morgan Stanley
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Rachel Layne in Boston at +1-617-210-4634 or
rlayne@bloomberg.net
To contact the editor responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net