Cellnex Telecom SA [CLNX: BME] – Mkt cap as of 19/10/19: €12.24bn Arqiva – not listed Introduction On the 8th of October 2019, Arqiva announced the sale of its Telecoms business (TowerCo) to Cellnex for £2bn, which Arqiva will use to reduce its leverage, currently standing at a debt-to-equity ratio of 1.9. The operation will
Flutter Entertainment PLC [FLTR: LON] – Market Cap as of 08/10/2019: £6.32bn Stars Group Inc [TSGI: TSE] – Market Cap as of 08/10/2019: C$7.89bn Introduction On Wednesday October 1st 2019, news broke of the all-share takeover of the The Stars Group (TSG), a Canadian owner of online gambling platform PokerStars, by Flutter Entertainment, an Irish
Empirical evidence suggests that correlation between asset classes tends to spike during a period of market crisis, because investors panic and sell indiscriminately. This phenomenon is usually short-lived and correlation returns to a normal level as the market stabilizes. During the 2008 financial crisis, this effect was amplified by a liquidity shock. Highly leveraged banks
Teva Pharmaceutical Industries ; Market Cap (as of 25/04/2015): $62,67bn Mylan Pharmaceuticals ; Market Cap (as of 25/04/2015): $36,06bn Introduction In the healthcare industry, the saying “eat or be eaten” no longer applies. Instead, the adage of “make a bid or wait for an offer” would be more appropriate to describe the current times.
General Electric; Market Cap (as of 17/04/2015): €276,45bn Introduction On April 10, General Electric Company made an enormous restructuring announcement to spin out the majority of financial services division, GE Capital, in a strategic effort to shift the company’s overall direction. The decision was made on the premise of GE looking to focus on