The giant goes shopping: Saudi Aramco’s $69.1bn acquisition of SABIC

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 $111.1bn, running far ahead of other oil companies such as Royal Dutch Shell ($23.9bn) and Exxon Mobil ($20.8bn). The company was founded … Continue reading The giant goes shopping: Saudi Aramco’s $69.1bn acquisition of SABIC

Alibaba builds up its presence in the banking sector

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 of events which highlight the interest of Chinese tech giants in the fintech sector as a possible new market to drive growth. … Continue reading Alibaba builds up its presence in the banking sector

Johnson & Johnson paves its way into Robotic Surgery field

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 one of the 10 largest venture-backed private deals and highlights J&J's efforts to become a global leader in surgical robotics. Companies Overview … Continue reading Johnson & Johnson paves its way into Robotic Surgery field

Searching for new sources of revenue: Spotify enters Podcast industry

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 products, not only music, as Daniel Ek, CEO and Founder stated. This article aims at analyzing the two recent and biggest strategic … Continue reading Searching for new sources of revenue: Spotify enters Podcast industry

Morgan Stanley steps up its game for the Wealth Management war

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 the Wall Street giant and likely the first of many more deals to enlarge its wealth management business in the next decade. … Continue reading Morgan Stanley steps up its game for the Wealth Management war

Cheaper, Better, Stronger: Tesla acquires battery producer Maxwell

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 electric car called “Roadster”. After the former CEO and founder Martin Eberhard resigned in 2007, Elon Musk, who co-founded Tesla Motors, has … Continue reading Cheaper, Better, Stronger: Tesla acquires battery producer Maxwell

Searching for the Milky Way: Parmalat acquires Kraft-Heinz’s Canadian natural cheese division for $1.62 billion CAD

The Consumer Retail and Real Estate division presents the following article which aims to better comprehend the recently announced agreement between two prominent players in the food and beverage industry: Kraft-Heinz and Parmalat. On the 6th of November 2018, the Italian multinational dairy and food corporation, Parmalat, definitively agreed to acquire Kraft-Heinz’s Canadian natural cheese … Continue reading Searching for the Milky Way: Parmalat acquires Kraft-Heinz’s Canadian natural cheese division for $1.62 billion CAD

Elliott and Veritas acquire Athenahealth in a $5.7 billion deal

Companies overview Elliott Management Elliott Management Corporation is an activist hedge fund and manages two multi-strategy investment funds which combined have approximately $35 billion of assets under management. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds of its kind under continuous management. The Elliott funds' investors … Continue reading Elliott and Veritas acquire Athenahealth in a $5.7 billion deal