Tireless Shire: Another Deal in Pharma M&A Wave

Shire PLC; market cap: $28.38bn (as of 06/11/2015) Dyax Corporation; market cap: $5.1bn (as of 06/11/2015)   Introduction On November 2, Dublin-headquartered pharmaceutical company Shire Plc agreed to acquire the Massachusetts-based biopharma company Dyax Corporation for an upfront cash consideration of $5.9bn and an additional $646m payment contingent on the 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…

Want a robust quality drug pipeline? – Pay super premium!: Alexion to acquire Synageva in an $8.4bn deal

Alexion Pharmaceuticals Inc.; market cap (as of 09/05/2015): $32.54bn Synageva Biopharma Corp.; market cap (as of 09/05/2015): $7.91bn   Introduction On May 6, 2015, Alexion Pharmaceuticals Inc. (NASDAQ:ALXN), the manufacturer of the world’s single most expensive prescription drug Soliris, and Synageva BioPharma Corp. (NASDAQ:GEVA) have entered into a definitive agreement Read more…

The Finnish phoenix arises from its ashes: Nokia to merge with Alcatel-Lucent

NOKIA Corporation; Market Cap (as of 17/04/2015): €26.3bn Alcatel-Lucent; Market Cap (as of 17/04/2015): €10.5bn  Introduction On April 15, the Finnish multinational company Nokia agreed to buy the French company Alcatel-Lucent in an all-shares transaction valued at €15.6bn. The deal aims at creating a future innovation leader in the technology Read more…

M&A drama: Endo takes on a spoiler role in the Valeant bid for Salix

Endo International Plc; Market Cap (as of 13/03/2015): $15.4bn Salix Pharmaceuticals Ltd; Market Cap (as of 13/03/2015): $10.8bn Valeant Pharmaceuticals Intl, Inc.; Market Cap (as of 13/03/2015): $63.9bn The pharmaceutical sector has turned into a war-zone again with of the bidding war between two aggressive dealmakers and two ex-colleagues: Mr. Read more…

Consolidation tales in the semiconductor industry: NXP buys Freescale

NXP Semiconductor NV; Market Cap (as of 06/03/15): $22.7bn Freescale Semiconductor Ltd; Market Cap (as of 06/03/15): $12.3bn Introduction On March 2, NXP Semi announced it will acquire Freescale Semi in a $11.8bn transaction. Amalgamating the Eindhoven-based chip manufacturer with its American rival will create the leader in both Auto 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…