Faurecia Acquires Hella in a €6.8 deal to form the world’s seventh-largest automotive supplier

Introduction On the 14th of August, Faurecia, a French-based automotive equipment supplier launched a tender for the acquisition of Hella, a German supplier specialized in the production of lighting and electronics automotive products in a €6.8bn deal. This combination is aimed at creating the 7th largest automotive supplier, well-positioned for new challenges such as electric … Continue reading Faurecia Acquires Hella in a €6.8 deal to form the world’s seventh-largest automotive supplier

Discovery merges with WarnerMedia

Introduction On May 17th 2021, AT&A announced a $48 billion deal to merge Discovery and WarnerMedia, uniting the companies under the name Warner Bros. Discovery. The merger should provide substantial synergies and an improved leadership team that will strengthen the streaming and content creation verticals, enabling the company to compete with companies such as Netflix … Continue reading Discovery merges with WarnerMedia

JP Morgan acquires UK Robo-advisor Nutmeg

Introduction: On the 17th of June, 2021 JPMorgan announced the acquisition of the robot-assisted investment management company Nutmeg for approximately $970 million. Since November 2020, JPMorgan and Nutmeg have been in a partnership releasing a range of ETFs under the name of “Smart Alpha”. The previous partnership and acquisition of Nutmeg will allow JPMorgan to form … Continue reading JP Morgan acquires UK Robo-advisor Nutmeg

CHRYSAOR HOLDINGS LTD – PREMIER OIL PLC

Introduction  Premier Oil Plc is going to be acquired by Chrysaor Holdings Ltd via a reverse takeover. The resulting entity will be the largest listed independent oil and gas company in the UK North Sea, pumping 250,000+ barrels of oil equivalent per day.  The acquisition represents the start of a new chapter for Premier Oil, one of the biggest legacy independent oil explorers based in the UK. Indeed, … Continue reading CHRYSAOR HOLDINGS LTD – PREMIER OIL PLC

The potential deal of the century – is Toshiba an attractive LBO target?

SGFER – BSMAC Deal Overview  Potential Target: Toshiba Industry: Energy Systems & Consumer Electronics Estimated EV: $17.864B Toshiba share price: $34.85 (as of 6.4.2021)  Back in April 2021, the international private equity firm CVC Capital Partners announced their offer of 5,000 yen per share, an accumulated $20.8B, for the acquisition of Toshiba. The buyout firm's proposal included a 31% premium on Toshiba's share … Continue reading The potential deal of the century – is Toshiba an attractive LBO target?

CP acquires KCS: the first railway network from Canada to Mexico

Introduction: On the 21st of March 2020, Canadian Pacific Railway Limited (CP), a Canadian railway company, and Kansas City Southern (KCS), a US railway firm, announced an agreement through which CP will acquire KCS for $29 billion.  Through this deal, CP values KCS at $275 per share, representing a 23% increase with respect to KCS … Continue reading CP acquires KCS: the first railway network from Canada to Mexico

Rogers Communication to strengthen 5G position through Shaw Communication acquisition

Rogers Communication  Edward S. Rogers is the inventor of world’s first alternating current heater filament for a radio tube. Unfortunately, he died when he was working on an experiment at the age of just 38. His son, Ted, at the time was only 5 years old.  In 1960, when he was still a student, Ted … Continue reading Rogers Communication to strengthen 5G position through Shaw Communication acquisition

AstraZeneca’s Alexion $39bn takeover

Introduction: On 12 December 2020, AstraZeneca announced a definitive agreement to acquire Alexion Pharmaceuticals, for a value of $39 bn. For each share of Alexion, the shareholders will receive $60 in cash and a little over 2 AstraZeneca American Depositary Shares (ADS), corresponding to half of an ordinary AstraZeneca share. Alexion shareholders will own a 15% share in … Continue reading AstraZeneca’s Alexion $39bn takeover

Perella Weinberg Partners to go public via merger with Betsy Cohen’s SPAC

Introduction: Perella Weinberg Partners (“PWP”), a New York-based boutique investment bank focused on M&A, agreed to go public through a merger with a Special Purpose Acquisition Company (SPAC) on Wednesday 30th December 2020.  Backed by banking entrepreneur Betsy Cohen, FinTech Acquisition Corporation IV will acquire Perella Weinberg in a deal that has an implied equity … Continue reading Perella Weinberg Partners to go public via merger with Betsy Cohen’s SPAC