Download PDF Introduction Commercial sports, from football to ice hockey, have captivated fans across the globe and it is no surprise that this has turned the heads of investors. The industry has seen ever-growing revenues coming from broadcasting rights, merchandising and sponsorship deals. Consequently, sports franchises have become an attractive Read more…
Download PDF Introduction On October 31st, Thermo Fisher Scientific [TMO: NYSE], one of the global leaders in the supply of scientific instrumentation, announced that it had entered a definitive agreement to acquire The Binding Site Group, a Birmingham-based specialty diagnostics firm. European private equity firms Nordic Capital and Five Arrow Read more…
Download PDF Introduction On November 1, 2022, Poseidon Acquisition Corp. entered into a definitive agreement to acquire Atlas Corporation (NYSE: ATCO) in an all-cash deal of nearly $10.9bn (about €10.9bn). The investment vehicles backed by David L. Sokol, Chairman of Atlas’ Board of Directors, affiliates of the Washington Family, Canadian Read more…
Download PDF Healthcare. The healthcare sector has gained increasing importance over the last few years, because of the impact that the covid outbreak had on everyone’s life. The healthcare industry is one of the world’s largest and fastest-growing industries, ranking as the fifth-largest sector in the world economy, accounting for Read more…
Download PDF In this inaugural series of articles we will cover the basics and key trends of both major and lesser known industries to help the reader navigate the increasing complexity of the finance world. We will start with an overview of the broader industry and dig deeper to understand Read more…
Download PDF One topic has dominated the financial news recently: tech-stocks falling out of favor with investors. The pandemic-era dominance of tech has come to an end, with US value stocks outperforming growth by around 10% year to date. Most tech-stocks have collapsed over the last 3 months, with the Read more…
Download PDF Welcome back from the winter break! We hope you had a wonderful time with your beloved ones and please, do not worry if you missed the most significant recent deals, BSIC will introduce them to you! TMT Microsoft’s acquisition of video game maker Activision Blizzard Deal Value: $68.7bn| Read more…
Download PDF Introduction On November 9th, 2021 food delivery company DoorDash, Inc. announced they had reached an agreement to acquire Wolt Enterprises in an all stock transaction, valued at approximately € 7.0 bn. DoorDash equity issued as part of the transaction will be valued at $206.45 per share. The deal Read more…
Download PDF Introduction On Tuesday November 2nd, American tech giant DuPont closed the deal to acquire engineering materials maker Rogers Corp. The all-cash transaction values Rogers at approximately $5.2bn, and the firm’s shareholders will receive $277 per share, representing a 33% premium over ROG price on November 1st, 2021. Through Read more…
Download PDF Introduction On the 28th of October Oak Hill Advisors (OHA), an American credit manager, announced that it had reached an agreement with T Rowe Price, the US asset manager, to be acquired for $4.2bn in cash and shares. T Rowe Price’s CEO, Bill Stromberg, said that this takeover Read more…
Download PDF Microsoft (NASDAQ: MSFT) Market Cap as of 23rd April 2021 $1.96tn Nuance (NASDAQ: NUAN) Market Cap as of 23rd April 2021 $15.16bn Introduction On April 11, 2021, Microsoft Corporation entered into a definitive settlement to acquire Nuance Communications in exchange for all-cash consideration of $19.7bn, representing the second-largest Read more…
Download PDF Introduction Covid-19 and the policy measures put in place to contain its spread have not only resulted in significant operational disruption for companies, e.g. reductions in demand from customers and failing supply chain with reduced inventories available for sale, but have also created serious issues for companies across Read more…
Download PDF ION Group – privately owned Cerved (CERV) – market cap as of 26th March 2021: €1.86bn Introduction ION Group has made a takeover offer worth €1.9bn ($2.2bn) for Milan-based Cerved, just days after the privately-owned fintech company snapped up Italian banking software provider Cedacri. Dublin-based ION, led by Read more…
Download PDF Welcome back from the winter break and happy 2021! According to JPMorgan, the outlook of M&A in 2021 is very positive. Indeed, mainly due to a reduction in political uncertainty, the development of vaccines and strong capital markets, there is increased confidence in management and board of directors, Read more…
Download PDF BuzzFeed – privately owned company HuffPost – private company owned by Verizon Media Introduction On November 19th, 2020 BuzzFeed and HuffPost, two of the largest players in digital media, announced the latter’s acquisition in a stock deal. The transaction is part of a larger agreement between HuffPost’s owner, Read more…