CVS Acquires Aetna in the Largest American Healthcare Insurance Deal of All Time

On December 3rd, 2017 CVS Health Corporation announced its intention to acquire Aetna Inc. in a cash-stock deal for $69 billion, in what will be the largest corporate deal in 2017 so far. The Wall Street Journal reported that the two companies have been in talks since late October. CVS’ stock dropped more than 4.6% … Continue reading CVS Acquires Aetna in the Largest American Healthcare Insurance Deal of All Time

Virtu meets KCG

Companies overview Virtu Financial Inc (NYSE:VIRT) Virtu Financial Inc is a financial firm whose main businesses are market making and high-frequency trading based in New York. It was born in 2008, when Vincent Viola (a former chairman the New York Mercantile Exchange) and Douglas Cifu, a former partner in an international law firm. A market … Continue reading Virtu meets KCG

Foxes May Lose Their Hair, But Not Their Goals

On the 15th of December the independent committee of Sky has approved to sell to 21st Century Fox 60.4% of its equity ownership at £10.75 per share. The agreement comes after two rejections by the committee in the previous days, and it represents the latest attempt of the Murdoch Brothers to acquire full ownership of … Continue reading Foxes May Lose Their Hair, But Not Their Goals

A new giant emerges in the oil services industry: the marriage of Baker Hughes with GE

General Electric and Baker Hughes reached a deal for the combination of their oil services business units. General electric will contribute its oil-and-gas business and pay $7.4 billion through a special dividend of $17.50 for each Baker Hughes share. The new company will be 62.5% owned by GE and 37.5% owned by Baker Hughes shareholders. … Continue reading A new giant emerges in the oil services industry: the marriage of Baker Hughes with GE

Pfizer – Allergan

A new Pharma Mega-Deal making Botox and Viagra join forces. On November 23, 2015, Pfizer announced its $160bn tie-up with Allergan to form the world’s biggest pharmaceutical company by sales. Industry Overview Even though recent M&A activity has started to slow down in the healthcare sector, the announced merger shows that the M&A frenzy is … Continue reading Pfizer – Allergan