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Quentin Webb | Journalist Profile | Reuters.co.in
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Apr 25, 2013
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Pressure builds on Vodafone to make U.S. exit

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By Quentin Webb

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

Pressure is building on Vodafone to make a U.S. exit. The latest in a string of deal stories says partner Verizon Communications has hired advisers for a potential buyout of the duo’s mobile joint venture, Verizon Wireless.

Apr 22, 2013
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ABB takes a shine to solar

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By Quentin Webb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

ABB’s contrarian push into solar energy looks smart. The Swiss group is buying Nasdaq-listed Power-One for $1 billion in cash – a fully priced deal, given the solar industry’s current financial misery. But ABB insists Power-One occupies a sweet spot. That sounds plausible, and long term, the deal should add up.

Apr 15, 2013
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CVC takes opportunistic tilt at Betfair

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By Quentin Webb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

CVC is taking an opportunistic tilt at Betfair. The buyout giant’s admission that it may make a bid for the UK gambling outfit follows Betfair’s terrible run since flotation. But CVC could struggle to persuade investors to fold their hands at this stage.

Apr 9, 2013
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Satellite IPO launches risk tolerance into orbit

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By Quentin Webb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Intelsat’s initial public offering could be a telling launch for stock markets. The owners want a full valuation despite the satellite operator’s slow growth and stratospheric debt. If investors are ready to buy, it suggests risk tolerance is heading sky-high.

Apr 4, 2013
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Deal prospects make Vodafone look cheap

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By Quentin Webb and Robert Cyran
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

Deal prospects make Vodafone look cheap. An optimistic reading of the underlying valuations suggests M&A could deliver shareholders in the London-listed mobile giant perhaps 35 percent more value than they have now. That’s an extra 31.5 billion pounds ($47.6 billion). But unlocking this would entail huge deals and huge headaches to match.

Apr 3, 2013
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Tele2′s Russia retreat may spur mobile competition

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By Quentin Webb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Tele2 is making a decent Russian exit, all considered. The Swedish telecom is selling its unit there for $3.55 billion to state-backed VTB. Attempts to gatecrash the Kremlin-blessed deal look forlorn. And life may get harder for Tele2’s bigger rivals.

Mar 22, 2013
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Maybe “Gucci” didn’t work. But “Kering”: really?

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By Quentin Webb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

It sounds like caring, there’s a hint of Breton, and it comes with an owl. PPR is becoming “Kering”. Renaming the parent company will hardly deter buyers of the French group’s illustrious brands, such as Gucci or Bottega Veneta. But this latest corporate offence against language hints at worrying groupthink within PPR – sorry, Kering – HQ.

Mar 21, 2013

Breakingviews-Forget a flood of telco deals after EU thaw

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Quentin Webb

LONDON, March 21 (Reuters Breakingviews) – Europe’s telecoms
firms are finally getting Brussels to ease up. It’s an exciting
moment for this fragmented sector, which bankers have long hoped
would generate a wave of M&A. But the European Union should not
give too much ground.

Mar 13, 2013

Breakingviews-Moleskine turns over new leaf with ambitious IPO

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own)

By Quentin Webb

LONDON, March 13 (Reuters Breakingviews) – Moleskine is
opening a new chapter in the annals of aggressive flotations.
The maker of sleek black notebooks is seeking an initial public
offering in Milan. The “equity story” is based on strong
branding, growth and margins. Investors must now choose whether
they want to go along with another tale of consumer infatuation.

Mar 6, 2013

Breakingviews-Vodafone should dash for Verizon exit if it’s open

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Quentin Webb

LONDON, March 6 (Reuters Breakingviews) – Vodafone (VOD.L: Quote , Profile , Research )
should dash for a U.S. exit if it’s open. Shares in the UK
telecoms group soared on March 6, on hopes that Verizon
Communications (VZ.N: Quote , Profile , Research ) could buy it out of their $250
billion-plus joint venture. Ending a long standoff while U.S.
assets are at high valuations makes sense ? as long as Vodafone
doesn’t squander the proceeds on a costly makeover.

    • About Quentin

      "Quentin Webb is a Reuters Breakingviews columnist, covering mergers and acquisitions, corporate finance and private equity. He is based in London. Before becoming a columnist, he was a news reporter for Reuters, where he was most recently European M&A correspondent. He has also worked as a correspondent in Brussels and as a credit-markets reporter. He joined Reuters in 2003 from Legalease, a legal publisher. He has a first-class degree in psychology from University College London."
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