Strategic M&A

6 days ago

Allianz SE's $1.6bn acquisition of Income Insurance Ltd.

By Giorgio Goretti, Marco Morchio (Esade), Helena Bhattacharya (Oxford) Photo: Scott (Unsplash) Overview of the deal Acquirer : Allianz...

Oct 26

DSV $15.95bn acquisition of Deutsche Bahn logistics business

By Anastasia Malikova, Jack Liang, Shir Lyn Lau, Hunter Pang (LSE), Nathaniel Baker, Lara Grosskopf, Samuel Tainsky (Cornell) Photo:...

Oct 10

Verizon's $20bn acquisition of Frontier Communications

By Shreyas Mehta, Atin Narain, Omar Ali, Nathaniel Mathew (Yale University), Annabel Lai, Sanghyeon Kim, Freya Zhang (HKUST) Photo:...

Sep 16

Siemens Healthineers’ $200mn Acquisition of Novartis’ Advanced Accelerator Applications Division

By Pierre Caye, Giuliana Vadacchino, Jules Donzelot, Mathis Grandchamp, Alexander Megrelis, Loïc Meunier (McGill University), Devon...

Sep 5

Aon’s $13 bn acquisition of NFP

By Pierre Caye (McGill University), Jonathan Lui, Erica Chan, Hunter Pang, Lasheeka Ramesh (London School of Economics) Photo: NASA...

Aug 18

Boeing’s $8.3bn Acquisition of Spirit AeroSystems

By Pierre Caye (McGill University), Jonathan Lui, Erica Chan, Hunter Pang, Lasheeka Ramesh (London School of Economics) Photo: Thomas...

Jul 6

Exxon Mobil's $59.5bn acquisition of Pioneer Natural Resources

By Rui Ren Lee, Ardia Daniswara, Varun Vinay Iyengar, Wei Kai Lim (KCL) & Mikolaj Borowiak, Argyro Charizona, Angelo Passaro, Rares...

Jun 4

IBM’s $6.4bn Acquisition of HashiCorp

By Enrique Perez-Hernandez, Tarvo Simons, Taha Yassine, Michael Joachim ten Eicken, and Juan Pelaez (IE University), Adam Bernabeu,...

May 28

Swisscom’s €8bn Acquisition of Vodafone Italia

By Carlo Leopardi, Tommaso Arona, Alina Shaikh, Edoardo Tosti, and Alexander Svanidze (Boston University), Ahaan Roychowdhury, Diti Shah,...

May 6

Capital One Financial Corporation’s $35.3 bn Acquisition of Discover Financial Services

By Jian Wee Soh, Bharath Sivakumar, Aaren Tan, Arfred Garcia (Imperial College London) and Nancy Huang, Minh Ngoc Nguyen, William...

Apr 2

VIAVI Solutions’ £1.0 bn Acquisition of Spirent Communications

By Rhys Meredith, Salah Baaziz, Aaryan Upadhyay and Dominic Zhu (University of Bristol) and Leo Fridjhon, Xinyue Zhang, Li Hanchen,...

Mar 26

Chord Energy’s $3.8bn Acquisition of Enerplus

By Adam Bernabeu, Mahaut Bonnet de Roovere, and Malo Inizan (HEC), and Erica Chan, Hunter Pang, Jonathan Liu, Lasheeka Ramesh (LSE)...

Mar 22

Renesas’s $5.8bn Acquisition of Altium

By Adam Bernabeu, Malo Inizan and Mahaut Bonnet de Roovere (HEC Paris) Kush Mahawar, Alina Vendina and Helena Bhattacharya (Oxford...

Mar 12

Diamondback’s $26bn Acquisition of Endeavor

By Aanjay Patel, Augustus Paluzzi, Samuel Tainsky, Nathaniel Baker, Michelle Liu (Cornell University) ; Sean Millar, Ben Preece, Moritz...

Mar 7

Polymetal International’s US$3.69bn divestment of its Russian business to JSC Mangazeya Plus

By Alexandre Anjarry, Samuel Smith, Rhodie Ferrer, Yancy Liu (University of Warwick) ; Argyro Charizona, Mikolaj Borowiak, Angelo...

Mar 6

Alaska Airline’s $1.9bn Merger With Hawaii Airlines

By Pierre Caye, Blake Dal Santo, Yuxuan Zhou, Alexis Bruneau, Giuliana Vadacchino, Jules Donzelot, Mathis Grandchamp, Alexander Megrelis...

Mar 4

Yellow Wood’s $512mn Acquisition of Chapstick

By Dhruv Kotecha, Keerthi Komati, Ryan Luk and Aviral Jain (University of Nottingham) ; Varun Vinay Iyengar, Rui Lee and Ardia Daniswara,...

Feb 24

Novo Holding’s $16.5bn Acquisition of Catalent

By Ahaan Roychowdhury, Shyam Patra, Dimos Kamposiouras, Krish Raj (UCL) ; Melvin Bergeret, Arthur Delfour, Axel Nkam, Victor Zheng and...

Feb 22

General Atlantic’s acquisition of Actis, a combined $96 billion AUM platform

By Jian Wee Soh, Bharath Sivakumar, Aaren Tan, Arfred Garcia and Yagnesh Patel (Imperial College London), Carlo Leopardi, Tommaso Arona,...

Feb 20

BlackRock’s $12.5bn Acquisition of Global Infrastructure Partners

By Rafi Glass, Yana Zharkova, James Searle, Guy Collins, Ruiting Yi, and Marcin Wolniewicz (Durham University); Devina Aggarwal, Atin...

Feb 15

Motor Fuel Group’s £2.5bn Acquisition of Morrisons’ petrol forecourt group

By Rhys Meredith, Aaryan Upadhyay, Aditi Singh, Dominic Zhu, Salah Baaziz and Ben Jackson (University of Bristol) ; Heather Leung,...

Feb 13

Synopsys’ $35bn Acquisition of Ansys

By Adam Bernabeu, Malo Inizan and Mahaut Bonnet de Roovere (HEC Paris) ; Leo Luke Fridjhon, Xinyue Zhang, Hanchen Li and Abraham...

Feb 8

GSK’s $1.4bn acquisition of Aiolos Bio

By Enrique Perez-Hernandez, Tarvo Simons, Taha Yassine, Michael Joachim ten Eicken and Juan Pelaez (IE University) ; Sean Millar, Annant...

Feb 6

HPE’s $14bn Acquisition of Juniper Networks

By Kayley Portelli, William Hodgson, Jingheng Xu, Nancy Huang (University of Melbourne) ; Nathaniel Baker, Alyssa Serebrenik, Samuel...

Jan 30

Six Flags and Cedar Fair's $8 Billion Merger

By Erica Chan, Hunter Pang, Jonathan Liu, Lasheeka Ramesh (LSE). In collaboration with Alexandre Megrelis, Jules Donzelot, Loïc Meunier,...

Jan 17

Nippon Steel’s $14.9bn Acquisition of U.S. Steel

By Sam Oberly, Julia Weinrod, Yuyu Huang, Talia Hovsepian, Jenny Sun (Johns Hopkins University) and Samuel Smith, Saevuk Atwal, Matthew...

Jan 9

Mars’ £534mn Acquisition of Hotel Chocolat

By Argyro Charizona, Mikolaj Borowiak, Angelo Passaro, Rares Ionescu, Muhammad Adnan, Ruben van der Lubbe (Bocconi University) ; Matthew...

Dec 15, 2023

Roche’s $2.7bn Acquisition of Carmot Therapeutics

By Rafi Glass, Yana Zharkova, James Searle, Guy Collins, Marcin Wolniewicz and Ruiting Yi (Durham University) ; Edward Mazin, Lars...

Dec 13, 2023

Newmont’s $16.8bn Acquisition of Newcrest

By Heather Leung, Chengcheng Liu, Boyu Deng and Edward Fung (HKUST) ; Carlo Leopardi, Tommaso Arona, Alexander Svanidze, Edoardo Tosti...

Nov 29, 2023

Healthpeak’s $2.64bn merger with Physicians Realty

By Varun Vinay Iyengar, Rui Lee and Ardia Daniswara (King’s College London) ; Melvin Bergeret, Arthur Delfour, Axel Nkam and Victor Zheng...

Nov 28, 2023

Forvis’ $5bn merger with Mazars US

By Ahaan Roychowdhury, Krish Raj, Diti Shah, Shyam Patra and Dimos Kamposioras (UCL) ; Enrique Pérez-Hernández, Taha Yassine, Tarvo...

Nov 23, 2023

Roche's $7.1bn acquisition of Telavant

By Sean Millar, Ben Preece, Moritz Ibe, and Junqi Wang (University of St Andrews) ; Sam Oberly, Julia Weinrod, Yuyu Huang, Talia...

Nov 16, 2023

Allen & Overy's $3.4bn merger with Shearman & Sterling

By Rafi Glass, Yana Zharkova, James Searle, Guy Collins, Ruiting Yi, and Marcin Wolniewicz (Durham University) & Leo Fridjhon, Abraham...

Nov 9, 2023

Chevron's $53bn acquisition of Hess

By Alina Shaikh, Alexander Svanidze, Carlo Leopardi, Edoardo Tosto di Valminuta, Matthew Gurevich and Tommaso Arona (Boston University) &...

Nov 3, 2023

Exxon Mobil’s $59.5 bn Acquisition of Pioneer Natural Resource

By Jian Wee Soh, Yagnesh Patel, Aaren Tan, Arfred Garcia, Bharath Sivakumar, Gulled Bulhan (Imperial College London), and Heather Leung,...

Oct 11, 2023

Cisco’s $28bn Acquisition of Splunk

By Edward Mazin, Luca Cuffe, Agastya Jain, Lars Birkeland (UCLA), Mikołaj Borowiak, and Argyro Charizona (Università Bocconi) Photo: adi...

Oct 9, 2023

Bunge’s $8.2bn Acquisition of Viterra

By Evan Schnell, Coby Lai, Luca Polsinelli, and Leo Polsinelli (Cornell University), Nikitas Kitsantas and Carlotta Nardello (ESADE)...

May 3, 2023

Merck’s $10.8bn Acquisition of Prometheus Biosciences

By Athean Myat, Coby Lai, Michelle Liu, Carden Olsson and Angelina Gart (Cornell University) Photo: Sangharsh Lohakare (Unsplash)...

Apr 29, 2023

L’Oréal’s $2.53bn Acquisition of Aesop

By Xunliang Huang (University of Melbourne), Albert Ibekwe, Junqi Wang and Sean Millar (University of St Andrews) Photo: the blowup...

Apr 24, 2023

Hipgnosis Songs Capital’s $100mn Acquisition of Justin Timberlake’s Music Catalogue

By Jack Lee, Heather Leung, and Jeremia Bryan Darmadi (HKUST), Nikitas Kitsantas, Carlotta Nardello (ESADE) Photo: Priscilla Du Preez...

Apr 21, 2023

UBS’s $3.3bn Acquisition of Credit Suisse

By Ayushman Mukherjee, Divy Dayal, and Matthew Liu (University of Cambridge), Gonzalo Riera-Ripoll, Felix Hooper and Rafi Glass (Durham...

Apr 1, 2023

HSBC’s £1 Acquisition of Silicon Valley Bank UK

By Ross Barrett, Tigran Minasian, Jian Wee Soh, Kai Ye, Oscar Silva, and Yagnesh Patel, (Imperial College London), Junqi Wang, and Annant...

Mar 29, 2023

Sanofi’s $2.9bn Acquisition of Provention Bio

By Mathilde Heibig, Pierre Six, and Jingying Liu (HEC Paris), Athean Myat, Ana Almeida, Angelina Gart, Coby Lai, Michelle Liu, and Carden...

Mar 24, 2023

Pfizer’s $43bn Acquisition of Seagen

By Nishil Lakhani, Jack McGing, Frangiskos Kapatos and Dhruv Kotecha (University of Nottingham), Sameer Jain, Ishan Date and Michael...

Mar 17, 2023

BP’s $1.3bn Acquisition of TravelCenters of America

By Ritu Joseph and Anusha Kaushik (London Business School), Sonia Andrzejuk, Argyro Charizona, Mikołaj Borowiak and Vlad Marcu (Bocconi)...

Mar 15, 2023

Xylem’s $7.5bn Acquisition of Evoqua

By Jack Lee, Heather Leung and Sissi Zeng (HKUST), Rhys Meredith, Kian Patel, Oliver Platts, Samuel McCrea, Velizar Zlatev and Salah...

Mar 6, 2023

CVS Health’s $10.6bn Acquisition of Oak Street Health

By Atin Narain, Devina Aggarwal, Nathaniel Mathew and Omar Ali (Yale University), Xunliang Huang (University of Melbourne) Photo: Sam...

Feb 28, 2023

Novozymes’ $12.3bn Acquisition of Chr. Hansen

By Athean Myat, Evan Schnell, James Ludlow and Nina Choophungart (Cornell University), and Ross Barrett, Tigran Minasian, Jian Wee Soh,...

Feb 24, 2023

L3Harris’ $4.7bn Acquisition of Aerojet Rocketdyne

By Pierre Six, Jingying Liu and Mathilde Heibig (HEC Paris), Ayushman Mukherjee, Divy Dayal, Junseok Choi and Amar Mian (Cambridge)...

Feb 17, 2023

NRG Energy’s $2.8bn Acquisition of Vivint Smart Home

By Felix Hooper, Gonzalo Riera-Ripoll, Rafi Glass and Yana Zharkova (Durham University) and Nishil Lakhani, Jack McGing, Frangiskos...