US Offshore cash and who they might target
With Microsoft using its non-domestic cash to fund the Nokia deal, it’s worth noting the top firms with most money held offshore were GE ($108bn), Apple ($82.60), Pfizer ($73bn), Microsoft ($60.8bn),...
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There is nearly $1t of US corporate cash stashed in foreign (off shore) accounts that cannot find its way back to the USA save repatriation tax. Enamoured by recent deal activity we suspect more of...
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