Barclays restructuring and the outlook of Investment Banking

Barclays Plc Market Cap (as of 09/05/14): £41.91bn On May 8th, 2014 the CEO of Barclays Group, Antony Jenkins, presented a new restructuring plan of the London-based bank, stating that Barclays will be shifting its focus to areas where it has the capability, scale and competitive advantage over its competitors. Following in the footsteps of […]

Bayer acquires Merck’s consumer care business for an eye-catching price

Bayer AG Market Cap (09/05/2014): $115.17bn Merck & Co., Inc. Market Cap (09/05/2014): $161.23bn On May 6th, Bayer announced the acquisition of Merck’s consumer care business for a hefty $14.2bn, surpassing competing offers from Boehringer-Ingelheim and Reckitt Benckiser and, thus becoming the second largest company in over-the-counter (OTC) products worldwide. Bayer’s recent deal is part […]

Mondelez International and Master Blenders to form the world’s leading pure-play coffee company

Mondelez International, Inc. Market Cap (as of 08/05/14) $64.28bn D.E Master Blenders 1753 Market Cap (as of 08/05/14) N/A Mondelez International Inc and its competitor D.E Master Blenders 1753 have agreed to merge their coffee businesses, forming a new company aimed at taking on the market leader Nestle SA and allowing Mondelez to focus on […]

Facebook buys cheap in the next big thing. Google’s warned.

Facebook Inc. Market Cap (28/03/2014): $153.01bn One month ago one social-media user reported on Reddit that he had just seen Mark Zuckerberg on the elevators of a building at 19800 MacArthur Blvd, Irvin (CA), getting off at Oculus VR’s floor. Was the 30 years old billionaire just dropping by, or was he planning Facebook’s second […]

Candy Crushed: King Digital Entertainment pursues public listing

King Digital Entertainment plc. Market Cap (as of 28/03/14): $5.82bn On March 26th, 2014 the London-based King Digital Entertainment, a leading interactive entertainment company for the mobile world known mostly for its popular smart-phone game Candy Crush Saga, listed 22.2 million of ordinary shares on NYSE under the symbol “KING”. The stock commenced trading at […]

Babcock to buy Avincis for £920 million

Babcock International plc. Market Cap (as of 28/03/14): £4.61bn Avincis Group Market Cap (as of 28/03/14): N/A On March 27, 2014 Babcock International, leading engineering support services, announced its acquisition of 100% of Avincis Group shares, a worldwide aerial services provider, for £920mm (about €1.1bn), funded through a £1.1bn rights issue. Babcock Int’l is the […]

Vodafone acquires Ono in a €7.2bn deal to strengthen its quad-play capabilities

Vodafone Group Plc. Market Cap (as of 21/03/14): £59.96bn Ono Market Cap (as of 21/03/14): N/A After having submitted several non-binding offers under €7bn, world’s second-largest wireless carrier Vodafone Group Plc. has confirmed the acquisition of Ono, a private-equity owned Spanish cable TV and internet provider, in a transaction worth €7.2bn of both cash (55%) […]

The rise of trading houses. Mercuria buys J.P. Morgan Commodities Unit

Mercuria Energy Group Market Cap (as of 21/03/14): N/A J.P. Morgan Chase & Co. Market Cap (as of 21/03/14): $225.98bn On the 19th of March, J.P. Morgan announced that it has reached an agreement to sell its physical commodities business to Mercuria, the fourth-largest independent commodity trader. Mercuria beats offers from Blackstone Group and Macquarie […]

Hertz unbundles value through its Equipment Rental business spin-off

Hertz Global Holding Inc. Market Cap (as of 21/03/2014): $12.04bn On March 18th, 2014 Hertz, global player in the car rental sector, announced the spin-off and successive IPO of its equipment rental business (HERC henceforth), which will allow Hertz to collect about $2.5bn. The announcement was released after months of rumors as the US rental […]

Consolidation on the Shelf: Energy XXI acquires EPL Oil & Gas

Energy XXI Bermuda Ltd: Mkt Cap $1.55bn (as of 14/03/14) EPL Oil & Gas Inc.: Mkt Cap $1.49bn (as of 14/03/14) With the goal of becoming the largest publicly traded independent pure-play oil producer on the Gulf of Mexico shelf, Energy XXI is to acquire EPL Oil & Gas in a $2.3bn deal, including the […]

The Oracle of Omaha’s tax-free acquisition of Miami TV Station WPLG

Berkshire Hathaway Inc. A Class Shares Market Cap (as of 14/03/14) $305.93bn B Class Shares Market Cap (as of 14/03/14) $269.60bn Graham Holdings Co. Market Cap (as of 14/03/14) $5.28bn Berkshire Hathaway has agreed to acquire Miami TV Station WPLG and $400m of its own shares from Graham Holdings Co. in exchange for 1.6m Graham […]

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 the Illinois-based clay-products maker AMCOL […]

Vivendi clings to telecom. Bouygues or Numericable potential partners

Vivendi: Mkt Cap €27.21bn (as of 07/03/14) Bouygues SA: Mkt Cap €9.61bn (as of 07/03/14) Numericable: Mkt Cap €3.52bn (as of 07/03/14) In November 2013, French media and telecom conglomerate Vivendi announced plans to spin off its mobile telephone division, SFR, in an effort to refocus its operations in the media sector and remove the […]

Tyco sells its Korean unit to Carlyle for $1.93bn: the largest private equity buyout in Korea since 2008

Tyco International: Mkt Cap $20.23bn (as of 07/03/2014) The Carlyle Group: Mkt Cap $1.72bn (as of 07/03/2014) On 3rd March, Tyco, the world’s largest fire alarm and security system company, announced that it will be selling its Korean unit ADT Korea to the private equity Carlyle Group. Carlyle is paying $1.93bn in cash, making it […]

Moelis IPO: The Rise of Independent Financial Advisors

Moelis & Company: Mkt Cap N/A (as of 07/03/2014) Moelis & Company, the global independent investment bank and financial advisor, filed on Tuesday with the SEC to raise c. $100mm in an initial public offering. The New York based company, plans to list on the NYSE under the symbol MC. The Company, advised by Goldman […]

1 20 21 22 23 24 27