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…
Download PDF Introduction From barters and coins to cash pooling to cashless exchanges, the payments industry has undergone a massive transformation since its inception. During the era of booming e-commerce, payment methods are evolving rapidly, with the scope of becoming faster, simpler, and more secure for all parties. The main Read more…
Download PDF V.F. Corporation – (VFC:BYSE) – market cap as of 20th November 2020: $33.1bn Supreme – privately owned company Introduction VF Corp., which owns brands including Dickies, The North Face, Vans, and Timberland, is buying Supreme, the streetwear fashion brand, directly from its founder James Jebbia and two private Read more…
Download PDF Introduction On October 8th, 2020, Morgan Stanley announced its acquisition of Eaton Vance Corp., a publicly listed, Boston-based asset manager with over $500bn in AUM. The firm will acquire all the shares of Eaton Vance on a 50% cash-50% stock basis. Based on Morgan Stanley’s share price on Read more…
Download PDF The Telco Business The importance of the telecom industry has been brought to light in recent months as the global pandemic forced millions to work from home resulting in huge increases in reliance on mobile phone networks and broadband. The telecommunication sector, as a whole, can be Read more…
Download PDF Introduction In this article we are going to provide an overview of the gaming industry and its trends starting from the more traditional console and pc which are moving toward the cloud, to the newest trends in the mobile gaming, such as hyper-casual games, to then finish with Read more…
Download PDF CaixaBank (MCE: CABK.MC) – market cap as of 2/10/2020: €10.3bn Bankia (MCE: BKIA.MC) – market cap as of 2/10/2020: €3.55bn Introduction On the 18th of September, CaixaBank, a Spanish financial company, agreed to acquire in an all-share deal Bankia, a Spanish bank, valuing it at €4.3bn, a Read more…
Download PDF Introduction After stalling in winter and spring 2020 due to the coronavirus, M&A activity picked up over the summer, fuelled by a bullish stock market. The situation remains dire however: according to MergerMarket data, companies have struck €620bn worth of M&A deals in the three months Read more…
Download PDF NVIDIA Corporation (NVDA : NASDAQ) – market cap 24/9/2020: $305.1bn ARM Holdings – privately held by Softbank Introduction On the 13th of September, Softbank agreed to sell its UK subsidiary Arm Holdings to Nvidia in a $40bn deal. The cash-and-stock transaction will be the largest in the Read more…
Donwload as PDF Introduction Challenged by innovation technology, artificial intelligence, fierce competition, stricter emission regulatory frameworks and the effects of Covid-19, the automotive industry is currently going through tough yet prosperous times. As the analysis will highlight, major trends and challenges are not only endangering the system, but also stimulating Read more…
Download as PDF BSIC has brought you some of the most interesting deals over the last week, we hope you’ll enjoy! Elliot Management builds a 4% stake in Twitter Deal Value: $1bn | Deal Type: Shareholder Activism | Date: 01-Mar-2020 | Nationality: US | Sector: Technology Paul Singer has succeeded in building a stake in Twitter worth more Read more…
Download as PDF Franklin Templeton Investments [BEN] – Mkt Cap as of February 25th, 2020: $11.79bn Legg Mason [LM] – Mkt Cap as of February 25th, 2020: $4.35bn Introduction As Invesco’s chief executive Marty Flanagan correctly pointed out some months ago, the Asset Management industry is going through dramatic changes Read more…
Download as PDF European Integration As an introduction, we provide a brief overview of the pan-European regulation on which Financial Services is largely based and which helps explain the convergence and the subsequent attractiveness of the industry towards consolidation. Its objective is the further integration of European countries by the Read more…
Download as PDF The spiking diffusion of COVID-19 outside of China, particularly in South Korea, Italy and Iran, has negatively affected financial markets, among concerns about its impact on business activity: in the US, the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite were all in correction territory this Read more…