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Santander and Royal Bank own stakes in each other, and have swapped assets in the past.
Taruta's company swapped assets in 2003 and 2004 with Akhmetov's System Capital Management, creating a cash windfall sufficient to invest in a Hungarian metallurgical plant, an Uzbeki oil-and-gas processing company and a Russian engineering firm.
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This has led to Novartis and GSK swapping assets that suit their respective strategies.
We needed to collaborate and swap assets and we had to be notified when things progressed.
GSK and Novartis, two drugs firms, are swapping assets to bolster their respective strengths in vaccines and oncology.
And buying or swapping assets in this way would mean taking on risk, creating an implicit transfer from all the taxpayers that prop it up, including German ones.
The most notable recent example is GSK's agreement with Novartis to swap assets so that GSK strengthens its lead in vaccines and Novartis fortifies its position in cancer drugs.
Mr Malone's cable company, which recently abandoned attempts to swap assets with Vodafone, is currently focused on Europe, where it owns the UK's Virgin Media and Unitymedia in Germany.
In the private-equity world, such sunny optimism in valuation is referred to as "sticky" pricing.Dodgy valuations also arise when private-equity firms sell or swap assets among themselves, an activity that is growing in popularity.
The black-owned African Rainbow Minerals and Exploration; Anglovaal Mining, known as Avmin; and the Harmony Gold Mining Company, the world's fifth-largest gold miner, will swap assets and issue new shares to create a diversified Avmin with African Rainbow Minerals as the controlling shareholder.
That possibility seemed to grow last week when Cablevision said it had reached a deal with the News Corporation to swap assets, so that the News Corporation would have full ownership of several regional sports networks it owned with Cablevision, while Cablevision would have full ownership of Madison Square Garden.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com