Will 2016 See ConAgra Lamb Weston Spinoff and Potential Takeover Similar to Hillshire’s? The Edge Group See an Opportunity…

Will 2016 See ConAgra Lamb Weston Spinoff and Potential Takeover Similar to Hillshire’s? The Edge Group See an Opportunity… By Barbara Soderlin / World-Herald staff writer: A new year will bring a new name for ConAgra Foods, and that has some observers weighing how long the Conagra Brands name could be around. “We’re seeing a very low chance of a potential takeover,” said Jonathan Morgan, head of research at The Edge, a New Jersey firm studying spinoffs. “Most likely there may be one or two other splits or sales of particular segments going forward, but I don’t necessarily see that there’s going to be an entire takeover of (Conagra Brands).” The biggest reason is the current size of...

Offshore rig and tanker IPOs face choppy waters, sinking oil prices, The Edge exposes situation

Offshore rig and tanker IPOs face choppy waters, sinking oil prices, The Edge exposes situation By Marlene Givant Star and Sam Weisberg, with analytics by Greg Falkowski and Nikhil Jog. A mix of short-term benefits and long-term headwinds are making for an uncertain IPO environment for tankers and rigs, said three sector bankers. Falling oil prices are benefitting shipping companies in the near term by reducing bunker fuel costs, which constitute 20% to 30% of the total operational cost. This results in better margins and enables the shipping companies to pay down their debt, said Jim Osman, CEO of research firm The Edge. But over the longer term, lower...