Cellnex Telecom SA [CLNX: BME] – Mkt cap as of 19/10/19: €12.24bn Arqiva – not listed Introduction On the 8th of October 2019, Arqiva announced the sale of its Telecoms business (TowerCo) to Cellnex for £2bn, which Arqiva will use to reduce its leverage, currently standing at a debt-to-equity ratio Read more…
Samsung Electronics Co Ltd (005930:KSE) – market cap as of 18/11/2016: $188.98bn (KRW223.117tn) Harman International Industries Inc. (HAR:NYSE) – market cap as of 18/11/2016: $ 7.622bn Introduction On November 14, Samsung Electronics Co. announced the acquisition of Harman International Industries Inc. for a total equity value of approximately $8bn, and Read more…
Introduction Over the past years, the technology industry experienced an overwhelming volume of M&A activity. The following article aims at outlining the motivations behind this phenomenon and at identifying numerous disrupting factors. Microsoft’s acquisition of the professional social network LinkedIn, as well as Snapchat’s rebranding strategy and potential IPO in Read more…
Nokia Corp.; market cap as of 29/04/16: €29.746bn Introduction On April 26, Finland-based Nokia announced plans to acquire France-headquartered healthcare wearables devices manufacturer Withings S.A. in a €170m cash deal. The transaction comes as Nokia seeks to make a consumer-focused comeback, prompted by slowing sales in its network equipment business. Read more…