The age of risk has just begun and Marsh & McLennan quickly cements its position in the market acquiring Jardine Lloyd Thompson for $5.6bn

Marsh & McLennan Companies [MMC:NYSE] – Market Cap 42,252bn Jardine Lloyd Thompson plc [JLT.T:LSE] – Market Cap 4,025bn Introduction  On September 18, 2018, the New-York-based conglomerate Marsh & McLennan Companies Inc. (“MMC”), a global leader in the fields of risk, strategy and people, acquired the lower-scaled UK rival Jardine Lloyd Thompson plc (“JLT”), a specialized […]

Janus Henderson Capital, a $320 Billion Asset Manager

Henderson Group Plc. (HGG) – Market cap as of 07/10/2016: £2.86bn ($3.55bn) Janus Capital Group Inc. (JNS) – Market cap as of 07/10/2016: $2.54bn Introduction On October 3, 2016, the two asset managers Henderson Group Plc. and Janus Capital Group Inc. announced that they will combine their assets in a $6bn merger of equals. This […]

Micro Focus and HPE Software to Give Birth to One of the World’s Largest Software Companies

HP Inc. (HPQ) – Market cap as of 30/09/2016: $26.57bn Hewlett Packard Enterprise Co. (HPE) – Market cap as of 30/09/2016: $23.08bn Micro Focus International plc (MCRO) – Market cap as of 30/09/2016: $5.04bn Introduction On September 7, 2016, Micro Focus and Hewlett Packard Enterprise (HPE) announced an $8.8bn “spin-merge”, where Micro Focus will acquire […]

Bayer – Monsanto: A $56bn Cash Pile Waiting for Regulatory Sign-Off

Bayer AG (BAYN) – market cap as of 24/09/2016: $84.86bn Monsanto Company (MON) – market cap as of 24/09/2016: $45.31bn Introduction On September 14, following months of negotiations, Bayer and Monsanto agreed on a final merger agreement. Bayer will pay $57bn to Monsanto’s shareholders, and will take on $9bn in Monsanto’s debt. The deal represents […]

Will the U.S. Government Lift Terex Out of Zoomlion’s Hands?

Zoomlion Heavy Industry Science and Technology Co., Ltd.; Market Cap HK$17.24 bn (as of 19/02/2016) Terex Corporation; Market Cap: US$2.4 bn (as of 19/02/2016)   Introduction Zoomlion has made a US$3.3bn non-binding offer to buy US-based company Terex in hopes of foiling the proposed merger between Terex and Konecranes. Zoomlion’s unsolicited offer is currently under […]

Pfizer/Allergan: An escape from the US IRS “monster”

Pfizer Inc.; market cap as of 27/11/2015: $202.7bn Allergan plc; market cap as of 27/11/2015: $126bn   Introduction On November 23, 2015, Pfizer Inc. (NYSE: PFE) and Allergan plc (NYSE: AGN) announced that their boards of directors have unanimously approved a definitive merger agreement under which Pfizer will combine with Allergan in a stock transaction […]