Paul Parker, the former global head of mergers and acquisitions (M&A) at Barclays Plc, has joined Goldman Sachs Group Inc as co-chairman of its mergers and acquisitions division, a spokesman for Goldman Sachs said on Sunday. Parker is one of the world's most accomplished M&A bankers, having recently advised Valeant Pharmaceuticals International Inc on its roughly $50 billion bid for Botox maker Allergan Inc and Comcast Corp on a $42 billion takeover of rival cable group Time Warner Cable Inc.Parker, a Lehman Brothers veteran who left Barclays in May, is expected to assume his new role in the next couple of weeks, the Goldman Sachs spokesman said, confirming an earlier report in the Financial Times.Jack Levy and Tim Ingrassia will continue in their roles as co-chairmen of mergers and acquisitions and share that title with Parker, who is expected to handle some of the investment bank's most important client relationships.Gene Sykes and Gregg Lemkau will continue to manage Goldman Sachs' global M&A business, the spokesman said.
Allergan, Inc. is a multi-specialty health care Company focused on developing and commercializing pharmaceuticals, biologics, medical devices and over-the-counter products. Shares of AGN fell by 0.14% or $-0.24/share to $165.62. In the past year, the shares have traded as low as $86.95 and as high as $174.49. On average, 2978510 shares of AGN exchange hands on a given day and today's volume is recorded at 2837658.
Barclays PLC (Barclays) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. Shares of BCS fell by 0.13% or $-0.02/share to $15.16. In the past year, the shares have traded as low as $13.96 and as high as $19.59. On average, 3154680 shares of BCS exchange hands on a given day and today's volume is recorded at 2504263.
The Goldman Sachs Group, Inc. (Goldman Sachs), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS fell by 1.52% or $-2.62/share to $170.25. In the past year, the shares have traded as low as $151.33 and as high as $181.13. On average, 2504320 shares of GS exchange hands on a given day and today's volume is recorded at 3140151.
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC traded higher by 0.54% or $0.78/share to $145.88. In the past year, the shares have traded as low as $106.01 and as high as $154.12. On average, 1634630 shares of TWC exchange hands on a given day and today's volume is recorded at 1399149.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX traded higher by 0.94% or $0.78/share to $83.80. In the past year, the shares have traded as low as $57.59 and as high as $88.13. On average, 7326980 shares of TWX exchange hands on a given day and today's volume is recorded at 5074941.
Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX traded higher by 0.7% or $0.82/share to $118.21. In the past year, the shares have traded as low as $94.55 and as high as $153.10. On average, 3216960 shares of VRX exchange hands on a given day and today's volume is recorded at 4986090.
Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX traded higher by 1.09% or $1.39/share to $129.22. In the past year, the shares have traded as low as $98.26 and as high as $170.45. On average, 334016 shares of VRX.TO exchange hands on a given day and today's volume is recorded at 399660.
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