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
Month: November 2021
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
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