TOSHIBA APPROVES BUYOUT OFFER FROM JIP INC

INTRODUCTION On 23rd March 2023, Toshiba Group’s board of directors approved a JPY2tn ($15.1bn) cash offer from a consortium led by Japan Industrial Partners Inc (JIP) to delist the company from the market. If successful, the operation would represent the largest take-private deal in Japan. After a long period of speculations, Toshiba seems close to … Continue reading TOSHIBA APPROVES BUYOUT OFFER FROM JIP INC

Autogrill – Dufry $6.7 BN Merger

On 11 July 2022 Dufry, a leading global travel retailer, announced its interest in acquiring an Italian- based multinational catering company Autogrill in a deal which would create a new global travel experience player with a total value of about USD 6.7 billion. Xavier Rossinyol, The CEO of Dufry commented: “I am looking forward to … Continue reading Autogrill – Dufry $6.7 BN Merger

Pfizer Inc acquires Seagen Inc in $43 billion deal

INTRODUCTION On the 13th of March 2023, Pfizer. Inc announced a definitive agreement to acquire Seagen Inc. for a total enterprise value of approximately $43 billion based on a cash offer price of $229 per share. The deal would benefit from both sides: on one hand it will allow Pfizer to extend their oncology Portfolio … Continue reading Pfizer Inc acquires Seagen Inc in $43 billion deal

RWE AG ACQUIRES CON EDISON CLEAN ENERGY BUSINESS INC. TO BECOME ONE OF THE LEADING RENEWABLE ENERGY COMPANIES IN THE US

INTRODUCTION The energy industry is one of the most critical sectors in the world and has a significant impact on the global economy. It is an essential component of most economic activities and plays a vital role in producing, transporting, and consuming most goods and services. The industry is also known for its complexity, which … Continue reading RWE AG ACQUIRES CON EDISON CLEAN ENERGY BUSINESS INC. TO BECOME ONE OF THE LEADING RENEWABLE ENERGY COMPANIES IN THE US

Luxury fashion: independent brands in a consolidating industry

The luxury fashion industry has experienced impressive changes in the past four decades: numerous firms were formed, and a substantially harder competitive landscape arose. Consolidation also played a crucial role in this phenomenon. This article focuses on the causes and consequences of the consolidation trends in the luxury fashion industry, and the evaluation of the … Continue reading Luxury fashion: independent brands in a consolidating industry

Orange and MásMóvil $19 Billion Merger

Orange and MásMóvil, two leading telecom groups in the Spanish markeT Orange is a telecom group with over 120 years of history. It is the 8th largest global telecoms brand with over 5000 stores globally and an extensive network in Europe, the Middle East, and Africa, with a significant presence in France, Belgium, Spain, and … Continue reading Orange and MásMóvil $19 Billion Merger

Cimarex Energy and Cabot Oil & Gas Corp $17 billion merger

Introduction In 2021, a market like no other, Cimarex Energy and Cabot Oil & Gas Corp decided to merge into a $17 billion company. Despite the expected downsides, the advisors convinced the managements to proceed with the all-stock merger of equals because the stability given by the balance of oil and gas would outweigh any … Continue reading Cimarex Energy and Cabot Oil & Gas Corp $17 billion merger

RBC’S ACQUISITION OF BREWIN DOLPHIN

INTRODUCTION On September 27th, 2022, the Royal Bank of Canada ("RBC") announced the acquisition of Brewin Dolphin Holdings PLC, a multi-award-winning wealth management organization. The transaction was concluded at a final price of C$2.4 billion (£1.6 billion) on a fully diluted basis, representing 515 pence per share. As part of RBC, Brewin Dolphin will now … Continue reading RBC’S ACQUISITION OF BREWIN DOLPHIN

Enel sells 50% of its smart grid subsidiary gridspertise to CVC

Introduction On October 20th Enel S.p.A. informed that it has signed, through Enel Grids s.r.l., an agreement to sell a 50% share in its wholly owned subsidiary Gridspertise s.r.l. to the Private Equity Fund CVC Capital Partners Fund VIII. The deal represents the first JV in Italy in the smart grids sector, as well the … Continue reading Enel sells 50% of its smart grid subsidiary gridspertise to CVC