M&A and Private Equity
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Oil Giant ExxonMobil expands Permian Basin footprint with Pioneer Natural Resources Acquisition
ExxonMobil shakes up the energy game with its impressive $59.5 billion acquisition of Pioneer Natural Resources. Against a climate-conscious setting, the deal aims to redefine Exxon’s position in the Permian Basin, holding 40% of US oil production. Fueled by geopolitical events and soaring profits, the move is a strategic bet on operational efficiency, cost savings,…
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AMD’s Game-Changing Move: $50bn Xilinx Acquisition is Shaping the Future of Computing
Driven by the relentless expansion of digital transformation, the semiconductor industry has experienced remarkable growth, despite cyclical fluctuations. These technological advances have also increased the demand for powerful and efficient computing solutions, pushing manufacturers to enhance their product portfolios continuously. In this dynamic environment where consolidation has become a key driver of growth and competitiveness,…
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Biopharma Breakthrough: Examining Pfizer’s Strategic Seagen Acquisition
Pfizer Inc.’s acquisition of biotech firm Seagen Inc. at a staggering $43 billion highlights a pivotal shift in its oncology strategy, reflecting confidence in Seagen’s cutting-edge cancer therapies. This strategic move not only amplifies Pfizer’s presence in the pharmaceutical industry but also leverages Seagen’s innovative monoclonal antibody-based treatments. With regulatory approvals in place, Seagen is…
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Gaming Giants Unite: Microsoft’s Move to Conquer the Metaverse Through Gaming
Microsoft’s $68.7 billion acquisition of video game developer Activision Blizzard is making headlines. This move will boost Microsoft’s gaming business across various platforms and potentially provide building blocks to the metaverse. Despite legal challenges from the FTC and CMA, Microsoft aims to become more dominant within the gaming industry. As of September 2023, the deal…
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Adobe’s Acquisition of Figma at a Record Valuation for a Private Software Company
Adobe Inc., the software colossus, has announced its intention to acquire UI/UX leader, Figma Inc., in a staggering $20B deal, marking the largest buyout of a private software company to date. This strategic acquisition will position Adobe at the pinnacle of the collaborative-design software market, potentially boasting nearly 70% market share. However, the merger has…
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Briac Houtteville on Private Equity Secondary
Briac Houtteville is the European Head of Secondaries at Portfolio Advisors, bringing 15 years of experience in the private equity secondary industry. Before his current role, Briac served as Managing Director & Co-Head of European Capital Advisory at Greenhill & Co for over six years. He also held positions as a Vice-President and Principal at…
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Equity Research Analysis – Kinder Morgan
We are thrilled to publish our first article in partnership with Minerva this year. Our collaborative effort brings you a comprehensive and intriguing analysis of Kinder Morgan, a leading energy infrastructure company in North America. Kinder Morgan’s dominance in the energy industry is well-established, with its strong presence in natural gas pipelines, storage facilities, and…
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The Blockbuster Merger of Warner Media and Discovery
In April 2022, two major media companies, Warner Media LLC and Discovery Inc. completed their merger and formed a new entity named Warner Bros. Discovery. The transaction was structured as a Reverse Morris Trust transaction and resulted in a company valued at $65.32B. The newly formed company boasts a strong library, high potential for synergies,…
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Warehouse Giant Prologis Increases Further its U.S. Presence in a $23B Deal
After two rather unpredictable and unprecedented years in the industrial market and two insufficiently attractive offers, the warehouse giant Prologis finally increased its U.S. presence in a $23B deal. The deal came at an interesting time. Real estate investment trust (REIT) stock prices sharply decreased the months before the deal’s announcement. However, the businesses may…
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A Long-Courted Cybersecurity Company in its Second Delisting
The Software and Tech sector has seen a significant decline this year because of the effect of rising interest on discounting future cash flows. Additionally, massive job cuts have been announced across the industry, which was the first time ever for having negative headcount growth for some of the big tech names. Given this background,…
