Download PDF Introduction On November 9th, 2021 food delivery company DoorDash, Inc. announced they had reached an agreement to acquire Wolt Enterprises in an all stock transaction, valued at approximately € 7.0 bn. DoorDash equity issued as part of the transaction will be valued at $206.45 per share. The deal Read more…
Download PDF Introduction McAfee, a global leader in online protection, announced on the 8th of November that it had reached an agreement with a consortium of investors, including Advent International Corp., Permira Advisers and Crosspoint Capital Partners, to be acquired after giving effect to McAfee debt payback, in an all-cash Read more…
Download PDF Introduction Every course of Management or Business Administration covers organizational structure, simply because it is the cornerstone of every company. Some firms are very specialized and have well-established chains of command, therefore do not require an elaborate system of structures. Others have so complex and expansive activities that Read more…
Download PDF Introduction The global electric vehicle (EV) market is experiencing an unprecedented growth spurt, and all signs point to it accelerating further in the near future. Reasons for this are government initiatives in the world’s leading economies to support sales of EVs by reducing selling prices through means of Read more…
Download PDF Introduction On November 3rd, 2021 Maspex Group (“Maspex”) announced they had reached a definitive agreement to acquire CEDC, a Polish subsidiary of the Roust Corporation (“Roust”) with a deal resulting in a PLN3.89bn (c.€850m) valuation of CEDC making Maspex the new leader of the Polish vodka market. This Read more…
Download PDF Introduction On Tuesday November 2nd, American tech giant DuPont closed the deal to acquire engineering materials maker Rogers Corp. The all-cash transaction values Rogers at approximately $5.2bn, and the firm’s shareholders will receive $277 per share, representing a 33% premium over ROG price on November 1st, 2021. Through Read more…
Download PDF Introduction On the 28th of October Oak Hill Advisors (OHA), an American credit manager, announced that it had reached an agreement with T Rowe Price, the US asset manager, to be acquired for $4.2bn in cash and shares. T Rowe Price’s CEO, Bill Stromberg, said that this takeover Read more…
Download PDF Introduction As of Q2 2021, Third Point began amassing a $750m position in the Anglo-Dutch oil giant Shell to capitalize on impending corporate change. With Shell facing increased pressures to both decarbonize as well as increase their current scanty annualized returns from governments and investors alike, Third Point Read more…
Download PDF Introduction On October 25th, Hellman & Friedman and EQT announced a partnership to make a joint public takeover offer for all outstanding shares of Zooplus. With the joint offer, the two private equity groups ended the bidding war for the online pet supplies retailer that occurred in the Read more…
Download PDF Introduction Emerging Markets have long been just that: markets that are only just in the process of becoming developed, and are still lagging behind established market economies. Recently, however, the pace of development has increased drastically in these economies, particularly in their technology sectors. Reasons for this are Read more…
Download PDF Introduction On October 20, 2021, Former U.S. President Donald Trump announced his new digital-media venture and revealed that it would go public by merging with a special-purpose acquisition company (SPAC). Trump Media & Technology Group will create a social network called Truth Social to fight the current popular Read more…
Download PDF Introduction On 7th October, Newcastle United Football club was acquired for £300m by a Saudi-led consortium made up of Public Investment Fund, PCP Capital Partners and RB Sports & Media. The Public Investment Fund is the sovereign wealth fund of Saudi Crown Prince Mohammed bin Salman who will Read more…
Download PDF Introduction On September 28, 2021, Blue Prism, a British enterprise software company that specializes in software robots that automate monotonous jobs, announced that it has reached an agreement with private equity firm Vista Equity Partners to be acquired for £1.1bn ($1.5bn) in cash. Blue Prism, whose clients include Read more…
Download PDF Merck & Co. (NYSE: MRK) Market Cap as of 8th October 2021 – $204.10bn Acceleron Pharma, Inc. (NASDAQ: XLRN) Market Cap as of 8th October 2021 – $10.68bn Introduction On Thursday 30th September, Merck & Co.’s acquisition of Acceleron Pharma for a total consideration of about $11.5bn was announced. Merck has agreed Read more…
Download PDF Introduction Polestar, the Swedish premium electric car maker, has announced it will go public. It will do so by merging with a blank-check company backed by private equity investor Alec Gores and investment bank Guggenheim Partners. The implied enterprise value will amount to $20bn. The transaction will mark Read more…