Innogy SE (ETR: IGY) – market cap as of 06/04/2018: €21.2bn E.On SE (ETR: EOAN) – market cap as of 06/04/2018: €19.9bn RWE AG (ETR: RWE) – market cap as of 06/04/2018: €12.2bn Introduction On March 10th, German electricity-utility company RWE announced it had reached an agreement to sell a Read more…
Introduction On 28-Sep-17, the Italian newspaper ‘Il Sole 24Ore’ has reported the news that Pirelli will tap the market at €6.5 per share, settling at the bottom of the updated price range (€6.5 – €6.7) and implying a market cap of €6.5b. The price set is significant for two reasons: 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…
Safran S.A. (EPA: SAF) – market cap as of 03/03/2017: €28.61bn Zodiac Aerospace S.A. (EPA: ZC) – market cap as of 03/03/2017: €8.03bn Introduction On January 19, 2017, the French multinational plane engine manufacturer Safran announced that it had entered into an agreement to acquire the aircraft seat supplier Zodiac Read more…
AirLiquide; Market Cap: $39.84bn (as of 20/11/15) Airgas; Market Cap: $10.00bn (as of 20/11/15) Introduction On November 17, the French industrial gases specialist Air Liquide announced it had reached an agreement to acquire the U.S. supplier Airgas for a total consideration of $13.4bn, including debt. The deal would create Read more…
Altice; market cap (as of 02/10/2015): € 18.8bn Cablevision; market cap (as of 02/10/2015): $ 9.1bn Introduction It has been a record year for M&A in the US cable market with several multibillion deals. Indeed, Comcast’s failed attempt to acquire Time Warner Cable was soon followed by Charter’s $55bn Read more…
Banca Monte dei Paschi di Siena (BMPS) Market cap (as of 31/10/14): €3.11bn Banca Monte dei Paschi di Siena (MPS), Italy’s third largest lender and world’s oldest bank, has again become the center of discussion following the subpar results of European Central Bank’s stress tests released on October 26. MPS Read more…
Vivendi: Mkt Cap €27.21bn (as of 07/03/14) Bouygues SA: Mkt Cap €9.61bn (as of 07/03/14) Numericable: Mkt Cap €3.52bn (as of 07/03/14) In November 2013, French media and telecom conglomerate Vivendi announced plans to spin off its mobile telephone division, SFR, in an effort to refocus its operations in the Read more…