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Bankers and lawyers get $400m fees from Dell buyout

Bankers, lawyers and other advisers are set to enjoy a fee bonanza worth more than $400 million from working on the $24.4 billion agreement to take Dell private, financial industry executives estimate.

The bulk of the fees will come from arranging financing for the buyout. Typically, banks receive about 2.5 per cent of the amount

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Dell buyout highlights PC sector woes

Washington: Dell’s plan to take the computer giant private offers an opportunity to return to its start-up roots, but won’t solve the fundamental problems facing the company and the PC sector, analysts say.

The Texas-based tech giant on Tuesday unveiled a $24.4 billion buyout deal giving founder Michael Dell a chance to reshape the

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Food brands in region get a new look

Dubai: The food aisles at local supermarkets will be looking a little different. American Garden, the name behind some of the region’s popular food staples from mayonnaise to tuna, has gone in for a brand new look which is more in sync with the times. It also coincides with the company’s 25th year of operations.

“We realised the need t

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Going private unlikely to change Dell’s fortunes

For Dell, a $24.4 billion (Dh89.5 billion) deal to take itself private is a bold move out of Wall Street’s spotlight as it tries to remake itself in a world where personal computers are no longer the big business in technology.

Yet the buyout — which was announced Tuesday and would be the biggest by far since the days of the recession

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PR professionals will just need to communicate better

Dubai: The focus was on the future at the Middle East Public Relations Conference — hosted by Zayed University and supported by Middle East PR Association and International Association of Business Communicators (IABC) — in Dubai this week.

The digital media revolution and corresponding role of practitioners in our information-dense

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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