Albertsons and Rite Aid to merge in the latest move to contrast the growing threat posed by online e-commerce

Rite Aid (NYSE:RAD) – market cap as of 23/02/2018: $2.22bn Introduction  On the 20th February, Rite Aid Corporation, one of the leading US drugstore chains, entered into a definitive merger agreement with Albertsons Companies, one of the largest American private equity-backed grocery retailers. The deal will result in the creation of a Read more…

Siemens Doubles Down on its Software Business with the $4.5bn Acquisition of Mentor Graphics

Siemens AG (ETR: SIE)—market cap as of 28/04/2017: €111.86bn Introduction On November 14, 2016, Siemens, Europe’s largest manufacturing and electronics conglomerate, announced that it had entered into an agreement to acquire the electronic design automation company Mentor Graphics, in a transaction valued at c. $4.5bn. The cash offer of $37.25 Read more…

A New Behemoth in the Indian Telecom Industry: Vodafone India to Merge with Idea Cellular

Vodafone Group Plc (VOD:NASDAQ) – market cap as of 31/03/2017: £55.39bn ($69.48bn) Idea Cellular Ltd (IDEA:NSE) – market cap as of 31/03/2017: INR 309.51bn ($4.78bn) Introduction Vodafone Group PLC, a global provider of telecommunication services, and Idea Cellular Ltd, an Indian telecommunication company, announced their intention to join forces to Read more…

Call of… Candy: Activision Blizzard takes over a “poor King” and bets on mobile gaming

Activision Blizzard; Market Cap: $25.52bn (as of 06/11/2015) King Digital Entertainment; Market Cap: $5.55bn (as of 06/11/2015)   Introduction On November 2, Activision Blizzard agreed to acquire for $5.9b King Digital Entertainment, one of the major players of the mobile gaming industry with its popular Candy Crush Saga. The move Read more…