CP acquires KCS: the first railway network from Canada to Mexico

Introduction: On the 21st of March 2020, Canadian Pacific Railway Limited (CP), a Canadian railway company, and Kansas City Southern (KCS), a US railway firm, announced an agreement through which CP will acquire KCS for $29 billion.  Through this deal, CP values KCS at $275 per share, representing a 23% increase with respect to KCS … Continue reading CP acquires KCS: the first railway network from Canada to Mexico

A transaction helping Lucid to become Tesla’s most powerful rival?

On July 30, 2020 Michael Klein completed the initial public offering of Churchill Capital Corp. IV.  On February 22, 2021 the merger agreement with Lucid Motors was announced with the aim to create an electric vehicle manufacturer able to compete against Tesla. Companies' Overview: Lucid Motors Based in Newark, California, Lucid Motors (“Lucid”) is an Electric … Continue reading A transaction helping Lucid to become Tesla’s most powerful rival?

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

PSA and FCA join forces to become the largest automaker in Europe

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 significant synergies for both groups. Companies' Overview PSA Founded in 1976, PSA Group is a French automotive company that is the result … Continue reading PSA and FCA join forces to become the largest automaker in Europe

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

New leader in the automotive components supplier industry: when Japan meets Italy

Companies Overview Fiat Chrysler (FCA) Fiat Chrysler is an Italian-American multinational automobile manufacturer, created after the acquisition of Chrysler by Fiat in 2014. Fiat was founded in Turin in 1899, whereas Chrysler was founded in Detroit in 1925. Fiat Chrysler is headquartered in Amsterdam for tax purposes, while its main R&D and manufacturing centers are … Continue reading New leader in the automotive components supplier industry: when Japan meets Italy

The beginning of a new race: PSA and Opel

Companies Overview Consolidation is likely to remain the main answer to a series of concerns in the auto industry, from increasing production costs to high competition and more stringent environmental regulations. The merger between PSA and Opel reduces industry capital requirements by eliminating competition and combining two manufacturing and design footprints into one. This acquisition … Continue reading The beginning of a new race: PSA and Opel

A new deal above the clouds: Rockwell Collins acquires B/E Aerospace

Rockwell Collins has officially announced the acquisition of B/E Aerospace. The transaction is expected to be completed in 6 months in the spring of 2017. The boards of both companies have approved the deal. Rockwell Collins is expected to pay $34.10 per share in cash, representing a 22.5% premium with respect to the closing price … Continue reading A new deal above the clouds: Rockwell Collins acquires B/E Aerospace

The dilemma of cross-border acquisitions: Tyco International and Johnson Controls

Nowadays, Tyco has become a mere shadow of the diversified engineering group that used to be in the 1990s. Over the years, it has expanded under an aggressive acquisition strategy overseen by former CEO Dennis Kozlowski. The slice of the once $130bn conglomerate, which nowadays sells only fire safety and security systems, will be acquired by Johnson … Continue reading The dilemma of cross-border acquisitions: Tyco International and Johnson Controls