Times are Smoking Hot! – BAT to Acquire the Remaining Stake in Reynolds for $47bn

British American Tobacco Plc. (BATS)—market cap as of 28/10/16: £87.26bn Reynolds American, Inc. (RAI)—market cap as of 28/10/16: $78.16bn Introduction On October 21, 2016, British American Tobacco (“BAT”) delivered a non-binding merger proposal to Reynolds American Inc. (“Reynolds”). Through this $47bn deal, BAT will acquire the remaining 57.8% of Reynolds’ Read more…

The new behemoth in the semiconductor industry: Avago to buy Broadcom

Avago Technologies Limited (AVGO): market cap (as of 25/09/2015): $34.2bn. Broadcom Corp. (BRCM): market cap (as of 25/09/2015): $31.4bn. Introduction Following a wave of consolidation in the semiconductor industry, which culminated last March with the NPX/Freescale $11.8bn deal, on May 27, Avago Technologies Limited and Broadcom Corporation announced that they have entered Read more…