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" ... GE is paying a pretty rich valuation, noted Cowen & Company analyst Gautam Khanna this morning. Consensus earnings expectations are $1.3 billion in Baker ebitda this year, and $2.1 billion ebitda for G.E. Oil & Gas, a 38/62 split in line with the headline shareholding breakdown in the new partnership. But that's before considering the $7.4 billion sweetener. ... "
" ... Kum’s company M&L Hospitality—named for him and his wife Lynda—boasts 80% to 85% occupancy at its properties and expects ebitda in excess of $110 million this year on $320 million in sales. Kum’s estimated net worth stayed steady at $930 million from last year. “We’ve never lost money—in shipping or in hotels,” says Kum, 75, in a rare interview, held in the M&L Hospitality office in downtown Singapore. ... "