On and Off LSE – Deutsche Boerse Relationship Could Result in a “Marriage of Equals”

 London Stock Exchange Group plc.; market cap as of 04/03/2016: £9.93bn ($14.13bn) Intercontinental Exchange, Inc.; market cap as of 04/03/2016: $28.41bn Deutsche Boerse AG; market cap as of 04/03/2016: €14.31bn ($15.74bn)   Introduction Last week’s rumors about a “merger of equals” between LSE and Deutsche Boerse officially put LSE “in Read more…

Oaktree’s Countryside Properties finds its home on LSE, valued at £1.01bn at IPO

Oaktree Capital; market cap as of 04/03/2016: $7.33bn (£5.15bn) Countryside Properties plc.; market cap as of 04/03/2016: £ 1.01bn Introduction On 14 January, 2016, Countryside Properties plc. (Countryside), UK-based real estate developer controlled by private equity firm Oaktree Capital Management, L.P. (Oaktree),announced its intention to proceed with an initial public Read more…

Atlantia S.p.A misses £2.0bn ticket for London City Airport. Canadian funds don’t.

Atlantia; Market Cap: €19.57bn (as of 4th March 2016)  The Deal  On February 2, a consortium led by Ontario Teacher’s Pension Plan (OTPP) and formed by OMERS Private Markets, Alberta Investment Management and Wren House (fund of the Kuwait Investment Authority), announced the acquisition of London City Airport (LCY) for Read more…

Will the U.S. Government Lift Terex Out of Zoomlion’s Hands?

Zoomlion Heavy Industry Science and Technology Co., Ltd.; Market Cap HK$17.24 bn (as of 19/02/2016) Terex Corporation; Market Cap: US$2.4 bn (as of 19/02/2016)   Introduction Zoomlion has made a US$3.3bn non-binding offer to buy US-based company Terex in hopes of foiling the proposed merger between Terex and Konecranes. Zoomlion’s Read more…

Private equity firm Apollo braving the merger markets with its hunt on a burglar-alarm vendor ADT

Apollo Global Management; market cap as of 19/02/2016: $2.70bn ADT Corporation; market cap as of 19/02/2016: $6.59bn   Introduction US private equity firm Apollo Global Management has agreed to buy ADT, an American home-security company, paying c.$11bn for a total enterprise value in the so far biggest leverage buyout of Read more…

Biggest Chinese Acquisition of a U.S Technology Target Yet

Ingram Micro Inc.; market cap as of 19/02/2016: $5.44bn Tianjin Tianhai Investment Co., Ltd.; market cap as of 19/02/2016: $2.58bn    Introduction On February 17, 2016, Tianjin Tianhai Investment Co., Ltd. (Tianjin) (SSE A Share: 600751 and SSE B Share: 900938), a container shipping and freight agency company, entered into Read more…

The Merger King ChemChina is Going West Again – This Time for Syngenta

Syngenta AG; market cap as of 12/02/2016: $37.43bn China National Chemical Corporation; market cap as of 12/02/2016: N.A. Introduction On February 3, 2016, China National Chemical Corporation (ChemChina) and Syngenta AG (NYSE: SYT), a Swiss crop protection and crops producer, reached the acquisition agreement with the Board of Directors of Read more…

Japanese Brewery Thirsty for European Beers: Asahi buying three of Ab InBev’s prominent brands

Anheuser-Busch InBev; market cap as of 13/02/2016: $187.70bn Asahi Group Holdings Ltd; market cap as of 13/02/2016: $20bn Anheuser-Busch InBev NV said it has received a binding offer valued at about $2.9 billion in cash from Japan’s Asahi Group Holdings Ltd. for the Peroni and Grolsch brands. The sale is Read more…

Telecom industry “calls” for consolidation: threats and opportunities in the Italian market

We all know the strong changes that Internet has brought to our everyday lives; the way people are connected and communicate has changed dramatically over the past years. Phone calls and standard text messages are becoming less and less popular, as alternative communication services and apps like WhatsApp or Messenger Read more…