Companies’ Overview Google Google is an American technology company founded in 1998 by two PhD students from Stanford University, Larry Page and Sergey Brin. After the launch of its search engine, Google rapidly… Continue reading
On October 31st, French automotive vehicle manufacturer PSA has announced its merger of equals with the Italian-American FCA group in an all-stock transaction. The deal will create world’s 4th largest automotive manufacturer and… Continue reading
COMPANIES OVERVIEW Saudi Aramco Saudi Arabia’s Aramco ranks as a global magnate in the oil industry. In 2018, the energy giant listed as the world’s most profitable company, recording a net income of… Continue reading
On February 19th, 2019 the Chinese internet giant Alibaba raised its stake in CICC, one of China’s leading investment banking firms, to nearly 5% for $231mn. This is the latest of a series… Continue reading
On February 13th, Johnson & Johnson announced it entered in a definitive agreement to acquire Silicon Valley surgical robotics company Auris Health for $3.4 billion in cash. The deal is considered to be… Continue reading
On February 6th, Spotify acquired Gimlet and Anchor, two key players in the Podcast Industry, establishing the beginning of a process of expansion and diversification to ultimately create the largest distributor of audio… Continue reading
On February 11th, 2019 Morgan Stanley acquired Solium Capital, a large equity plan administrator, for $900m, a 40% premium over the recent trading price. This is the biggest acquisition in a decade for… Continue reading
Tesla – History Tesla is an electric-automobile manufacturer, incorporated in 2003 by a group of engineers with the goal to promote the selling of electric vehicles. In 2008 Tesla Motors released its first… Continue reading
On February 7th, 2019 BB&T Corp. announced a deal to buy Suntrust Banks Inc. for $28.2bn, creating the sixth-largest US commercial bank. This is the largest US bank merger since the great consolidation… Continue reading