Tag: Switzerland

Liberty Global is finally free! Restructuring completed after a $6.3bn sale of Swiss Unit

Liberty Global plc [LBTYA: NASDAQ] – Market cap as of March 10th $18.36bn Sunrise Communications Group AG [SRCG: SW] – Market cap as of March 10th CHF3.41bn ($3.41bn) Introduction On February 27, 2019, Liberty Global, the biggest international TV and broadband internet company, agreed to the sale of its Swiss business – UPC Switzerland – […]

When a sweet deal doesn’t sound sweet enough: Temenos to acquire Fidessa for £1.4bn in cash

Temenos Group (SWX:TEMN) – market cap as of 23/02/2018: CHF7.60bn Fidessa Group (LON:FDSA) – market cap as of 23/02/2018: GBP1.47bn Introduction On February 21st, 2018, the boards of both Temenos and Fidessa have reached an agreement for the takeover of the former over the latter for £1.4 billion. The two European companies operate in two […]

Clariant and Huntsman: a $20bn merger of equals in the chemicals industry

Clariant AG (VTX: CLN) – market cap as of 23/09/2017: CHF7.74bn Hunstman Corporation (NYSE: HUN) – market cap as of 23/09/2017: $6.55bn Introduction Clariant and Huntsman unveiled plans to create a global specialty chemical company in May, saying they expected the transaction to close by the end of 2017. The merger has been opposed by […]

A Twisted Deal Structure: Johnson & Johnson to Acquire Actelion for $30bn in Cash

Johnson & Johnson (NYSE: JNJ) — market cap as of 10/02/2017: $310.36bn Actelion (VTX: ATLN) – market cap as of 10/02/2017: CHF 28.13bn   Introduction On the January 26, 2017, the US healthcare behemoth Johnson & Johnson announced the acquisition of the Swiss biotech company Actelion for $30bn in cash. The final arrangement came after […]