Download PDF Introduction Allegations against one of India’s largest conglomerates have sent shockwaves throughout India and the rest of the world. Gautam Adani, an Indian industrialist, and billionaire was ranked the 3rd richest person in the world only last month. He has now fallen to the 25th spot as almost Read more…
Download PDF Introduction From the challenge of sustainably transitioning to renewable energy sources to having to step up production to provide energy security in a time of crisis, the Oil and Gas industry has constantly found itself in the spotlight in recent years. The importance of this industry stems from Read more…
Download PDF Introduction CVS Health has agreed to buy Oak Street Health in a $10.6bn deal, to further integrate primary care into the healthcare conglomerate, through the acquisition of the Medicare-focused company. According to CVS management statements, the deal is expected to close by the end of this year and will be Read more…
Download PDF Introduction In the last two months, we have seen a flurry of bids come in for the most prized assets in the world of football, namely Tottenham Hotspur FC and the infamous Manchester United. The astronomical valuations that analysts had speculated for some of these football clubs have Read more…
Download PDF Introduction Throughout history, gold has played a central role in the economies of the world. With its uses ranging from a store of value and currency to an indicator of wealth, it still stirs up heated debate. With the global gold mining industry, worth just shy of $205bn Read more…
Download PDF Introduction Welcome to another deal recap! We hope you had fantastic winter and Christmas holidays and started the year well. As we are closing the winter season, there have been many newsworthy deals to reflect on in the past three months. BSIC has gathered them for you! Healthcare Read more…
Download PDF Introduction Once seen as too unpredictable, consumer brand leveraged buyouts have grown in popularity over the past two decades. Fashion cycles and shifts in consumer preferences increase the risk of such buyouts, as cash flow generation is, in general, less certain. Yet deals such as Permira’s acquisition of Read more…
Download PDF Introduction Commercial sports, from football to ice hockey, have captivated fans across the globe and it is no surprise that this has turned the heads of investors. The industry has seen ever-growing revenues coming from broadcasting rights, merchandising and sponsorship deals. Consequently, sports franchises have become an attractive Read more…
Download PDF Introduction Grindr [GRND:NYSE], an online dating app targeted towards the LGBTQ+ community, went public on November 18, 2022 after completing a merger with Tiga Acquisition Corp., a Special Purpose Acquisition Company (SPAC), at an initial post-transaction enterprise value of $2.1bn. The leading social network for the LGBTQ+ community Read more…
Download PDF Introduction In 2010, it was a head-scratcher as to why FIFA would pick Qatar as the 2022 World Cup host. A single football stadium, scorching heat, and a national team ranked 96th in the FIFA world ranking. FIFA’s own technical committee rated it the worst of all bids Read more…
Download PDF Introduction On November 11th, crypto trading startup FTX filed for bankruptcy protection in the US just three days after admitting to being unable to meet $5bn in customer withdrawals. Sam Bankman-Fried, a 30-year-old trader and founder of the crypto exchange, resorted to filing in a Delaware federal court Read more…
Download PDF Introduction The second biggest cosmetics company by revenue in the world, Estée Lauder [NYSE: EL] has announced on November 15 that it has signed an agreement to buy the fashion house Tom Ford brand for $2.8bn making it the largest acquisition within the luxury world this year. The Read more…
Download PDF Introduction On November 10th 2022, Origin Energy Ltd. [ASX : ORG], received and backed an $11.8bn takeover bid from a consortium led by Canada’s Brookfield Asset Management [NYSE : BAM] and private equity firm EIG Global Energy Partners. The business is to be split up, with Brookfield acquiring Read more…
Download PDF Introduction On October 31st, Thermo Fisher Scientific [TMO: NYSE], one of the global leaders in the supply of scientific instrumentation, announced that it had entered a definitive agreement to acquire The Binding Site Group, a Birmingham-based specialty diagnostics firm. European private equity firms Nordic Capital and Five Arrow Read more…
Download PDF Introduction On October 27th, Elon Musk – the richest person in the world with a net wort of almost $200bn – finalized the acquisition of the social media company Twitter, Inc, for a total enterprise value of approximately $44bn. Musk is the co-founder and CEO of Tesla [TSLA Read more…