Sentence examples for core merger from inspiring English sources
Worse, it continues to falter in its core merger and acquisition advisory (M&A) business.Nobody has lasted long as number two to Michel David-Weill, the firm's flamboyant chairman—who divides his time between homes in Paris, New York, Cap d'Antibes and Long Island, and is an avid collector of old master paintings.
It also made gains in its core mergers advisory business.
Lazard's core mergers advisory business reflected a less-steep drop of 15percentto to $166 million.
Earnings from Lazard's core mergers advisory business showed a less-steep drop of 15percentto to $166 million.
In July, Lazard reported a $43 million profit for the second quarter as it showed growth in its core mergers and restructuring advisory businesses.
Both Lazard and Evercore Partners reported Thursday that their core mergers advisory businesses had held up well on the strength of several major transactions.
Lazard, the investment bank run by Bruce Wasserstein, reported a $43 million profit for the second quarter as it showed growth in its core mergers and restructuring advisory businesses.
Investment bank Lazard announced that Chief Executive William Loomis Jr. William Loomis Jr. is stepping down at the end of the year after a one-year tenure that began just as its core worldwide merger-advisory business began to collapse.
Citi is expected to offload more assets as it slims down and refocuses on the commercial- and retail-banking divisions that formed its core before its merger with Travelers Group in 1998, when Sandy Weill led the company.
"It has built a core competence in mergers and acquisitions," said Roselinde Torres, a managing director of the Delta Consulting Group, which has done work for International Paper.
Moreover, internal processes of adaptation will include the creation of transnational chemical companies, focus on core competencies, increased mergers and acquisitions, spin-offs and joint ventures as well as advancements in biotechnology and genetic engineering.
