M&A and IPO’s for Global 5000 Companies
James Hardie and AZEK to CombineJames Hardie Industries plc and The AZEK Company Inc. announced entry into a definitive agreement under which James Hardie will acquire AZEK for a combination of cash and James Hardie shares with a total transaction value of $8.75 billion, including AZEK’s net debt of approximately $386 million as of December 31, […]
The Transportation Ecosystem
In the Global 5000 database, there are 501 companies that have some relationship to transportation. We call it the ecosystem and it encompasses three main types of companies: Those who make transportation vehicles and parts whether they are on land, air or sea – auto makers, shipbuilders, aircraft companies are all included Those companies that […]
A Look at Financial Industry Firms
In The Global 5000 database, there are 837 companies in the financial industry. It is the largest of all industries in the database and includes companies involved in banking, securities, mortgage, and insurance segments as well as investments and PE firms. As the 2024 annual financial reporting rolls in, here’s an early (albeit partial) look […]
Walgreens Heads the List of M&A News This Week
Walgreens to Go Private in $23.7B ‘Definitive Agreement’ with Sycamore PartnersWalgreens Boots Alliance said the drug store chain is going private, acquired by private equity company Sycamore Partners in a $23.7 billion deal described as a “definitive agreement.” The deal is expected to close in the fourth quarter of 2025.Acquisition ● Retailers & Wholesalers ● North America […]
Prosus Acquiring Just Eat Takeaway
Prosus to Acquire Just Eat Takeaway.com for €4.1bn Prosus announced it has reached a conditional agreement to acquire Just Eat Takeaway.com, to create the fourth largest food delivery group globally. Prosus intends to acquire Just Eat Takeaway.com’s entire issued share capital for €20.30 per share via a recommended all-cash public offer on the Amsterdam exchange.Acquisition […]
Amazon vs Walmart — and a few other retail items
Walmart has been #1 in the world for a long time. The largest company in the world for a decade or so. There was some thought that this would be the year (2024) that Amazon would catch them. Almost – it is getting close. We went back to 2017 to compare the annual revenue of both companies […]
M&A this week
Shift4 to Acquire Global BlueShift4 and Global Blue announced they have entered into a definitive agreement under which Shift4 will acquire Global Blue for $7.50 per common share in cash, representing an 15% premium to Global Blue’s closing share price as of February 14, 2025, and a ~$2.5 billion enterprise value.Acquisition ● Financial Services ● North […]
The Auto Industry – Uncertainty. Change. Crosswinds
Auto manufacturers are in the middle of a whirlwind of a number of environmental, governmental, and market forces the likes of which we have not seen before. Just look at the items grabbing the headlines and news cycles the past month or so: The change of administration in the US has put the whole EV […]
Yearend (and Q4 2024) Updates for Global 5000 Database
We have completed our database updates for Q4 2024 with 390 updates and here’s a snapshot of what we are seeing at the end of the year: During Q4 2024, 63 new companies were added to the Global 5000 Currently, the Global 5000 companies report revenue exceeding $76.8 trillion. They employ over 171 million people. The average […]
The Merger That Wasn’t
After nearly two years of “dancing” the Kroger & Albertson grocery store merger was called off. In addition to all that time and effort, the two companies reportedly spent close to $1 billion in fees and expenses toward the deal. All for nothing – and anyone want to guess who will ultimately pay for that […]