Category Archive: Industry

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

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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

Alibaba builds up its presence in the banking sector

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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

Johnson & Johnson paves its way into Robotic Surgery field

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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

Searching for new sources of revenue: Spotify enters Podcast industry

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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

Morgan Stanley steps up its game for the Wealth Management war

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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

Cheaper, Better, Stronger: Tesla acquires battery producer Maxwell

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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

Suntrust-BB&T: size matters in banking

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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

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

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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.… Continue reading

Elliott and Veritas acquire Athenahealth in a $5.7 billion deal

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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,… Continue reading