Word: consortiums
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Dates: during 2000-2009
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...Belgo-Dutch giant Fortis, with nearly 300-year-old roots and Catherine the Great among its historic clients, playing a role in last fall's $100 billion takeover of Dutch rival ABN Amro was a big moment. In the largest financial services deal ever signed, Fortis - part of a consortium alongside the Royal Bank of Scotland (RBS) and Spain's Santander - put up $34 billion in return for ABN's Dutch banking business, among other assets...
...latest offer, which had the blessing of Berlusconi, who's back in power, came from a consortium of Italian businessmen ready to invest up to one billion euros in the more profitable sectors of the company. (The money-losing units would file for bankruptcy protection.) But after unions rejected the plan, the investors pulled their offer off the table...
...There's still a slim possibility Alitalia can be saved. Air France-KLM or German carrier Lufthansa might make a new offer, or the Italian consortium could reconsider if the labor syndicates show more leeway. But the likelier scenario is that Italy's national carrier goes under for good...
...Outside of Incubus, you’re also known for your side projects: producing, playing in Time Lapse Consortium, writing the soundtrack for “Flow,” and recently your project “End.>Vacuum.” Are you working on anything new while at Harvard...
...troops, Gates' decision suggests what critics of the procurement process have long said - that major defense purchases are salted through with political implications ("This is a very political decision," Lichte said). That's especially true in the tanker contract, because Northrop Grumman's partnership with the Airbus consortium led to complaints that jobs would be lost overseas. It also makes clear that Gates' June decision to take away the Air Force's power to pick the winner and reserve it for himself wasn't sufficient to salve the wounds of the Air Force's botched efforts...