Broadcom Ltd (NASDAQ:AVGO) – market cap as of 11/11/2017: $108.10bn Qualcomm Inc (NASDAQ:QCOM) – market cap as of 11/11/2017: $95.19bn Introduction On November 3, 2017, Broadcom publicly announced an unsolicited $130bn offer to acquire Qualcomm, its California chip-making rival, which is backed by a strong portfolio of intellectual property that Read more…
CK Asset Holdings Ltd (1113:HK) – market cap as of 05/11/2017: HK$246.07bn Introduction On November 1, 2017, CK Asset Holdings announced an agreement to sell the skyscraper located in Central (Hong Kong) known as “The Center” to C.H.M.T. Peaceful Development Asia Property for a total transaction value of HK$40,2bn ($5.15bn). Read more…
Novartis AG (NYSE:NVS) – market cap as of 04/11/2017: $219bn Advanced Accelerator Applications SA (NASDAQ:AAAP) – market cap as of 04/11/2017: $3.56bn Introduction On October 30, 2017, Novartis announced its intention to make a tender offer for 100% of the share capital of Advanced Accelerator Applications, for a total consideration Read more…
Hochtief AG (ETR: HOT) – market cap as of 03/11/17: €9.87bn Atlantia SpA (BIT: ATL) – market cap as of 03/11/17: €22.68bn Abertis Infraestructuras S.A. (BME: ABE) – market cap as of 03/11/17: €18.34bn Introduction On October 19, the German construction company Hochtief announced a counterbid of c. €19bn for Read more…
About Monarch Airlines Monarch Airlines was a British low-cost airline that mainly operated in the Mediterranean. It was the UK’s fifth largest airline and the largest ever to collapse. In 1967 two British businessmen, backed by the financing provided by the Italian-Swiss Mantegazza family, founded Monarch to promote air travels Read more…
Airbus SE (EPA:AIR) – market cap as of 26/10/2017: USD 64.64bn Bombardier Inc. (TSX:BBD.B) – market cap as of 26/10/2017: CAD 6.16bn Introduction On October 16, 2017, Airbus and Bombardier signed an agreement to become partners on the C Series aircraft program. Under the agreement, Airbus will provide procurement, sales Read more…
General Electric Company (NYSE:GE) – market cap as of 06/10/2017: $211.2bn ABB Ltd (SWX: ABBN) – market cap as of 06/10/2017: $53.3bn Introduction On September 25, 2017, ABB announced the acquisition of GE Industrial Solutions for a cash consideration of $2.6bn. The transaction is a further move in an industry Read more…
Introduction The payment processing industry has witnessed sincere interest from strategic and financial investors. Low barriers to entry have enabled newcomers to quickly establish themselves and net high valuation multiples. As a result, the sector is currently highly fragmented and presents good consolidation opportunities. What do we mean by Payment Read more…
Toshiba Corporation (TYO: 6502) – market cap as of 30/09/2017: ¥1.33 trillion Introduction On September 28, 2017, Toshiba announced an agreement with Bain Capital to sell its memory chip business for $17.7bn. It was also announced that Bain Capital will create a special purpose entity to buy Toshiba’s division, which Read more…
Siemens AG (SIE:ETR) – market cap as of 29/09/2017: €101.32bn Alstom SA (ALO:EPA) – market cap as of 29/09/2017: €7.92bn Introduction The French rail transport company Alstom SA and the German industrial conglomerate Siemens AG announced on Tuesday 24 September 2017 that they agreed to merge their rail operations. The Read more…
Introduction This article will focus on the disruptive effects that e-commerce has on both the real estate and consumer retail sector. Subsequently, the paper will address Amazon and Walmart, as the former represents the incumbent driving this transition and the latter represents one of the main players being affected Read more…
Northrop Grumman (NYSE: NOC) – market cap as of 23/09/2017: $49.02bn Orbital ATK (NYSE: OA) – market cap as of 23/09/2017: $7.64bn Introduction On September 18, 2017, aerospace giant Northrop Grumman announced the acquisition of Orbital ATK for approximately $9.2bn, of which $1.4bn financed through debt. The deal, to be Read more…
Kite Pharma (NASDAQ:KITE) – Market cap as of 23/09/2017: $10.28bn Gilead Sciences (NASDAQ:GILD) – Market cap as of 23/09/2017: $108.74bn Introduction On August 28, 2017, Gilead Sciences, Inc. and Kite Pharma, Inc. announced that the companies have entered into a definitive agreement pursuant to which Gilead will acquire Kite for Read more…
Clariant AG (VTX: CLN) – market cap as of 23/09/2017: CHF7.74bn Hunstman Corporation (NYSE: HUN) – market cap as of 23/09/2017: $6.55bn Introduction Clariant and Huntsman unveiled plans to create a global specialty chemical company in May, saying they expected the transaction to close by the end of 2017. The Read more…
Sempra Energy (NYSE:SRE) – market cap as of 16/09/2017: $29.39bn Introduction On August 20, 2017, Sempra Energy announced an agreement to acquire the 80% stake that Energy Future Holdings Corporation holds in Oncor Electric Delivery Company. The deal agreement ends a series of bids from relevant players, with Sempra being Read more…