LSE – DB merger: a crucial step towards Capital Markets Union

London Stock Exchange Group (LSE:LSE) and Deutsche Börse (DB1X.N:GER) have agreed to merge and give birth to the largest European stock exchange group with a combined market capitalization of over $6tn. Industry Overview Not only have the financial markets been exceptionally turbulent since the last quarter of 2015 but also the exchange operators that are … Continue reading LSE – DB merger: a crucial step towards Capital Markets Union

AN EMERGING INTERNATIONAL BANK: SABADELL BUYS TSB FOR £1.7 BN

Spanish institution Banco Sabadell (SAB.MC) agrees to pay £1.7 bn for TSB (TSB.L), Britain's seventh biggest lender with 631 branches and 4.3% market share, in one of the biggest cross-border banking deals since the financial crisis. Formally announced on March 12, the deal was also welcomed by the UK Treasury as “a vote of confidence … Continue reading AN EMERGING INTERNATIONAL BANK: SABADELL BUYS TSB FOR £1.7 BN

THE END OF A TRILOGY – VALEANT ON SALIX CASE.

The increased M&A activity within the Healthcare sector has not slowed down in 2015, after we saw a record volume of transactions in the previous year. After securing financing, Canada-based Valeant has won a tender offer for Salix Pharmaceuticals, in a $14.5bn transaction. The market trend of increased deal activity for tax-inverted players still continues. … Continue reading THE END OF A TRILOGY – VALEANT ON SALIX CASE.