PNC – America’s largest regional bank after the acquisition of BBVA U.S.

Introduction: BBVA has reached an agreement for the sale to PNC Financial Services Group of 100% of the capital stock of its subsidiary BBVA USA Bancshares. The transaction is considered the largest US banking acquisition since the 2008 financial crisis and will allow PNC to become America’s largest regional bank. The deal (approved by both … Continue reading PNC – America’s largest regional bank after the acquisition of BBVA U.S.

A milestone transaction to define the future of Aerospace and Defense

Introduction:  The $90bn merger between United Technologies Corp. and Raytheon Co. constitutes the largest ever merger in the Aerospace and Defense sector, resulting in a creation of among the largest company of its industry. The merger has resulted in a very diversified group, operating in both the commercial aerospace and the Defense industry. Due to the diversification, the deal was heavily criticized. On the other hand, the combined group will use the core competencies of Raytheon and United Technologies to develop new solutions consistent with the most recent technology trends in the sector.  Companies … Continue reading A milestone transaction to define the future of Aerospace and Defense

Siemens Healthineers’ acquisition of Varian Medical Systems for $16.4bn

Introduction:  On August 2nd, Siemens Healthineers announced a definitive agreement to acquire all shares of Varian Medical Systems for $177.5 per share, which corresponds to a purchase price of approximately $16.4bn in cash. This transaction builds on the long-standing collaboration between Siemens Healthineers and Varian to develop improved cancer therapy solutions. Since 2012, they have been working together successfully … Continue reading Siemens Healthineers’ acquisition of Varian Medical Systems for $16.4bn

Just Eat – Takeaway.com: All-share or all-cash offer

Introduction: On February 3rd 2020, Takeaway.com acquired Just Eat PLC for €6.5bn, creating the largest food delivery platform outside of China under the name of Just Eat Takeaway.com NV, with a pro forma €1.2bn in revenues. Industry Overview: Ever since Pizza Hut launched its online pizza ordering service back in 1994, the online food delivery … Continue reading Just Eat – Takeaway.com: All-share or all-cash offer

VF Corp acquires Supreme: $2.1bn

Introduction:  The clothing conglomerate VF and Supreme have recently announced that they have signed a definitive merger agreement. The acquisition follows a long-lasting collaboration between VF and Supreme, wherein Supreme worked together with VF’s brands such as Vans, The North Face and Timberland on a number of occasions. The announced deal, which is estimated to close by … Continue reading VF Corp acquires Supreme: $2.1bn

A deal set to reshape the global semiconductor industry

Introduction: In September 2020, the announcement of NVIDIA’s takeover of Arm Holdings in a transaction valued at $40 billion created both excitement and concern. What does this deal imply for the future of AI, Edge computing and the overall semiconductor industry? Will the deal enable NVIDIA to become the next tech monopoly besides companies such … Continue reading A deal set to reshape the global semiconductor industry

The deal that sets the foundation for a pan-European market

Introduction Euronext pulled off a €4,325 billion offer to the London Stock Exchange for the acquisition of Borsa Italiana group, which will count for an important proportion (34%) of the new group’s total revenues. The offer made with the strong support from Cassa Depositi e Prestiti through CDP Equity and Intesa Sanpaolo beat the competition … Continue reading The deal that sets the foundation for a pan-European market

Intesa finds agreement to acquire UBI to create the largest Italian Banking Group

Introduction Intesa Sanpaolo SpA pulled off one of the biggest banking merger in Europe after the great financial crisis. The Intesa Sanpaolo’s takeover of UBI Banca has totally reshaped the Italian market, possibly giving life to a long-term consolidation of the country’s fragmented financial industry. Intesa Sanpaolo-UBI is an all stock deal; more than 90% … Continue reading Intesa finds agreement to acquire UBI to create the largest Italian Banking Group

Navigating through COVID-19: R&CGs Analysis

Industry Overview The retail and consumer goods sector covers both manufacturing and distribution as well as providing services to customers. Since it is a broad industry including multiple sub-sectors it is crucial to point out that there are multiple sub-sectors that might itself be substantial in size. Some examples of these sub-sectors include Automotive, Food … Continue reading Navigating through COVID-19: R&CGs Analysis