Strategic Resilience: Bank of America's 18% surge in dealmaking fees despite sluggish M&A activity showcases its strategic resilience and adaptability in navigating challenging market conditions....
Resurgence of Large Deals: The M&A landscape is witnessing a significant resurgence, with large deals valued over $1 billion reaching their highest level in two years, up 31% compared to the same...
Strategic Acquisition: CyberArk's $1.5B acquisition of Venafi expands its identity security capabilities, integrating machine identity management to provide holistic solutions. Industry Shift: The...
Resisting Record Buyout: Seven & i Holdings Co., the parent company of 7-Eleven, is resisting a record $47 billion buyout proposal from Alimentation Couche-Tard, representing a 22% increase from the...
Strategic Acquisition: Rio Tinto's $6.7 billion acquisition of Arcadium Lithium positions it as a major player in the lithium (lithium mining) sector, securing significant resource supply and...
Corporate Governance Scrutiny: Pfizer's legal threats against former executives Ian Read and Frank D'Amelio for collaborating with activist investor Starboard Value have raised concerns about...
Strategic Acquisition: ArcelorMittal's acquisition of Nippon Steel's 50% stake in AM/NS Calvert for $1 strengthens its position in the North American steel market. Regulatory Compliance: The deal...
Alarming Default Rates: Private equity-backed firms faced a 17% default rate from Jan 2022 to Aug 2023, nearly double the 9% rate for non-PE firms. Top Sponsors Impacted: Major PE sponsors like...
Strategic Acquisition Target: HPS Investment Partners, a leading $117 billion private credit firm, emerges as a prime $10+ billion acquisition target for BlackRock. Sector Growth: The private credit...
Strategic Hire: Citigroup bolsters its private equity M&A capabilities by hiring John LaVoie, a veteran investment banker with deep West Coast sponsor relationships. Sector Focus: LaVoie's expertise...