How consortium bids can save distressed M&A

Author: | Published: 2 Dec 2009

The latest asset sale by Canadian telecoms company Nortel has proved that strong consortium bids are vital to the success of distressed M&A deals.

Last week, Ericsson and Kapsch CarrierCom launched a joint bid for Nortel’s GSM and GSM-R assets. The two separate companies, bidding for different parts...