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Corporate Finance Equity Deals M&A Deals Old Articles

A spoonful of premium makes the medicine go down: Merck & the latest mega-merger in the healthcare sector

Merck KGaA, Market Cap (as of 26/09/2014): €31.4bn Sigma-Aldrich Corp., Market Cap (as of 26/09/2014): $16.2bn On September 22, 2014, the German drug and chemicals company Merck KGaA announced a definitive agreement under which it will acquire the US-based leading life science consumables supplier Sigma-Aldrich for $17bn, creating one of Read more…

By BSIC, 10 years27 September 2014 ago

Corporate Finance Debt Deals Equity Deals M&A Deals Old Articles

Siemens “DresseS” up for US shale gas boom

Siemens AG, Market Cap (as of 26/09/2014): €83.16bn Dresser-Rand Group Inc., Market Cap (as of 26/09/2014): $6.3bn Siemens AG (NYSE:SI), the Munich-based global powerhouse in electronics and electrical engineering, has agreed to acquire Dresser-Rand Group Inc. (NYSE:DRC), the Houston-based leading supplier of equipment for the oil and gas sector. According Read more…

By BSIC, 10 years27 September 2014 ago

Corporate Finance Equity Deals Old Articles

Alibaba: behind the scenes of the IPO

Alibaba Group Holding Ltd., Market Cap (as of 26/09/2014): $222.98bn In September 2014, the Chinese e-commerce Alibaba secured its place as a major global company by completing the world’s largest IPO with a price of $68 per share. Due to a very strong demand, the bankers running the deal decided Read more…

By BSIC, 10 years27 September 2014 ago

Currencies Equity Indices Fixed Income Macroeconomic Views Markets Old Articles Trade Ideas

MARKET RECAP 27/09/2014

US Equity markets in the US lost ground this week, ending short of the fresh highs touched in the previous one. Macroeconomic data came in mixed, as a solid manufacturing PMI and positive data on new home sales on Tuesday and Wednesday were confounded by disappointing durable goods orders and Read more…

By BSIC, 10 years27 September 2014 ago

Markets Old Articles Single Stocks Trade Ideas

Beyond the AQR: Unicredit vs. Intesa San Paolo

Lately, there has been increasing speculation regarding the results of the AQR (Asset Quality Review), which will be published by the ECB in about a month time. The AQR is a central part of the “comprehensive assessment” investigation that the ECB is leading on European banks balance sheets. Working in Read more…

By BSIC, 10 years27 September 2014 ago

Currencies Equity Indices Fixed Income Macroeconomic Views Markets Old Articles Trade Ideas

BSIC Market Recap 20|09|2014

US US equities enjoyed significant gains in the week just past us after trading sideways for most of the summer. The S&P 500 was 1.25% above its closing value last Friday, closing now firmly above the 2,000 level at 2,010. The index clocked in its largest gains mid-week, on the Read more…

By BSIC, 10 years20 September 2014 ago

Markets Old Articles Single Stocks Trade Ideas

Apple: Bigger Screen, Longer lines, Higher stock price?

IPhone 6 officially hit Apple Stores this weekend in 9 key markets; it was very welcomed with 4 million preorders (double those of iPhone 5) and tremendously long lines of fans: outside Apple flagship store of 5th Avenue people flocked in a line 12 blocks long. The new model of Read more…

By BSIC, 10 years20 September 2014 ago

Corporate Finance Equity Deals M&A Deals Old Articles

ICE still hot in the market: SuperDerivatives to be acquired for $350m

Intercontinental Exchange Inc, Market Cap (as of 19/09/2014): $23.45bn Intercontinental Exchange (NYSE: ICE), announced on September 5, 2014 that it has entered into a definitive agreement to acquire SuperDerivatives, a leading provider of risk management analytics, financial market data and valuation services. The acquisition will accelerate the expansion of ICE’s Read more…

By BSIC, 10 years20 September 2014 ago

Corporate Finance M&A Deals Old Articles

Heineken says NO to the next beer

Anheuser-Busch InBev NV, Market Cap (as of 19/09/2014): Market Cap €143bn SABMiller PLC, Market Cap (as of 19/09/2014): Market Cap €73bn Heineken NV, Market Cap (as of 19/09/2014): Market €34bn Beer brewing was historically a local business, with only few brands having a global presence in the estimated $600bn market. Read more…

By BSIC, 10 years20 September 2014 ago

Corporate Finance Equity Deals M&A Deals Old Articles

Is there more than tax-inversion to AbbVie-Shire $54bn deal?

AbbVie Inc., Market Cap (as of 19/09/2014): $94.63bn Shire plc., Market Cap (as of 19/09/2014): £31.12bn In its attempt to become one of the global leaders in the rare diseases market, AbbVie successfully got the approval from Shire’s board of directors for its $54bn acquisition. This approval came after two Read more…

By BSIC, 10 years20 September 2014 ago

Corporate Finance Equity Deals M&A Deals Old Articles

Burger King-Tim Hortons: Tax Dodging Whoppers?

Burger King Worldwide Inc., Market Cap (as of 19/09/2014): $10.96bn Tim Hortons Inc., Market Cap (as of 19/09/2014): $11.75bn Burger King, the US-based fast food restaurant chain, joined the list of the controversial tax-avoiding companies when on August 26 it formally reached an agreement for acquiring the Canadian coffee maker Read more…

By BSIC, 10 years20 September 2014 ago

Corporate Finance Debt Deals Equity Deals M&A Deals Old Articles

Cobham acquires Aeroflex

Cobham plc, Market Cap (as of 23/05/14): £3.3bn Aeroflex Holding Corp, Market Cap (as of 23/05/14): £532m On May 20th, 2014 the British aerospace and military contractor Cobham announced a USD920m acquisition of its New York-based rival, Aeroflex, with the goal of getting more exposure to growing commercial markets and Read more…

By BSIC, 10 years24 May 2014 ago

Corporate Finance Equity Deals M&A Deals Old Articles

Yet another multi-billion dollar acquisition in Telecom: AT&T acquires DirecTV for $48.5bn

AT&T Inc. Market Cap. (23/05/2014): $183.4bn DirecTV Market Cap. (23/05/2014): $42.3bn The US telecommunication conglomerate, AT&T, has reached an agreement to acquire one of world leading providers of digital television entertainment services, DirecTV, for a price of $48.5bn. AT&T is the US’s second largest provider of mobile telephone, leading provider Read more…

By BSIC, 10 years24 May 2014 ago

Corporate Finance Equity Deals M&A Deals Old Articles

M&A Viagra: Pfizer-AstraZeneca and the healthcare industry

Pfizer Inc, Market Cap (as of 23/05/2014): $188.37bn AstraZeneca PLC, Market Cap (as of 23/05/2014): $91.78bn In its bid for AstraZeneca, Pfizer, the famous Viagra producer, failed to make a satisfactory offer and turned the potential biggest foreign takeover in UK corporate history into failure. It all happened on May Read more…

By BSIC, 10 years24 May 2014 ago

Corporate Finance Equity Deals Old Articles

JD.com IPO signals investors’ appetite for Chinese online retailers

JD.com (NASDAQ:JD), China’s second largest e-commerce company after Alibaba, floated for the first time on the Nasdaq last Wednesday, raising $1.8bn. The company headquartered in Beijing, but registered in the Cayman Islands, placed 93.7m shares at $19 instead of the initial range $16-$18 per share, valuing the company at about Read more…

By BSIC, 10 years24 May 2014 ago