Japanese Brewery Thirsty for European Beers: Asahi buying three of Ab InBev’s prominent brands

Anheuser-Busch InBev; market cap as of 13/02/2016: $187.70bn Asahi Group Holdings Ltd; market cap as of 13/02/2016: $20bn Anheuser-Busch InBev NV said it has received a binding offer valued at about $2.9 billion in cash from Japan’s Asahi Group Holdings Ltd. for the Peroni and Grolsch brands. The sale is Read more…

Starwood – Marriott: Star Marriage or a Walkaway?

Starwood Hotels & Resorts Worldwide Inc.; Market Cap: $12.18bn (as of 19/11/2015) Marriott International Inc.; Market Cap: $ 18.64bn (as of 19/11/2015)   Introduction On November 16, Marriott International, Inc. (NASDAQ:MAR) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that the boards of directors of both companies unanimously Read more…

Iberdrola responds to Spanish austerity measures: UIL acquired in a $3bn deal

UIL Holdings Corp.; market cap (as of 27/02/15): US$2.86bn Iberdrola SA; market cap (as of 27/02/15): US$43.5bn   Introduction  On February 26, Iberdrola SA, Spain’s largest electricity company, agreed to buy UIL Holdings Corp. in a deal valued at about US$3bn in cash and shares. With the acquisition, Iberdrola plans Read more…

Pfizer sets sail for a new (nearer) shore: Hospira

Pfizer Inc.; market cap (as of 20/02/2015): US$217.75bn Hospira Inc.; market cap (as of 20/02/2015): US$14.97bn Introduction On February 5th, 2014, pharmaceutical behemoth Pfizer signed with Hospira, the world’s leading provider of injectable drugs and biosimilars, a definitive merger agreement which consists of the fully acquisition of Hospira for US$90 Read more…

Yet another multi-billion dollar acquisition in Telecom: AT&T acquires DirecTV for $48.5bn

AT&T Inc. Market Cap. (23/05/2014): $183.4bn DirecTV Market Cap. (23/05/2014): $42.3bn The US telecommunication conglomerate, AT&T, has reached an agreement to acquire one of world leading providers of digital television entertainment services, DirecTV, for a price of $48.5bn. AT&T is the US’s second largest provider of mobile telephone, leading provider Read more…

AMCOL deal update: Minerals Technologies tops Imerys’ bid

AMCOL International Corporation Market Cap (as of 14/03/2014): $1.49bn Minerals Technologies Inc. Market Cap (as of 14/03/2014): $1.98bn Imerys S.A. Market Cap (as of 14/03/2014): €4.76bn On March 10th, 2014 Minerals Technologies Inc., a global developer and maker of mineral-based products, announced it has signed a definitive merger agreement with Read more…