Busy Week for M&A Activity Among Global 5000 Companies
Led by the announcement from JSW Steel that they agreed to buy thyssenkrupp Electrical Steel India, there were more than 20 M&A announcements last week. Here’s the details: The Global 5000 Company Announcements BASIC MATERIALSJSW Steel to Acquire thyssenkrupp Electrical Steel India via JV BUSINESS SERVICESGenesys Announces Confidential Submission of Draft Registration Statement Related to […]
Weekly Global 5000 M&A Activity
There were another 15 M&A and spin-off announcements this past week by Global 5000 companies including: AUTO & TRUCKSHyundai Motor India Limited IPOTenneco Announces Agreement to Divest Öhlins to Brembo BASIC MATERIALSNippon Steel Agrees to Sell Its Interest in Calvert to ArcelorMittal BUSINESS SERVICESBureau Veritas Acquiring IDP Group CONSUMER, PERSONAL HOUSEHOLD GOODSVista Outdoor Strikes Deal […]
Global 5000 Company M&A Headlines
For the month of July, we tracked over 80 M&A (and spin-off) transactions for The Global 5000 companies and have updated the database to reflect them. Leading the way this month were Industrials with 18 transactions including Boeing, WestRock and Johnson Controls. There were 10 transactions in Health Care including Edwards Lifesciences, Lupin and Select […]
EQT Completes Acquisition of Equitrans Midstream
EQT Corporation announced it has closed its acquisition of Equitrans Midstream Corporation. The combined company is projected to have an unlevered NYMEX free cash flow breakeven price of approximately $2.00 per MMBtu, which is at the low end of the North American cost curve and ensures robust free cash flow generation through all parts of the commodity cycle.Acquisition […]
51 Different Currencies
That’s how many different currencies in which The Global 5000 companies report their results. For each of those companies reporting their annual revenue we convert their results to one common denominator (we use USD) so that all companies can be compared and analyzed uniformly. Just one of the many details that need attention in a […]
Carlsberg to Buy Britvic
Carlsberg has agreed a £3.3bn deal to buy Britvic, the company which makes drinks such as Robinsons squash and J20. The Danish brewer said it would create a single beverage company called Carlsberg Britvic to grow its business in the UK and western Europe.Acquisition ● Food & Beverage ● Europe Smurfit Kappa Completes Acquisition of […]
3 Major M&A Announcements Last Week
A fast-paced start to kick off the 2nd half of 2024 – 3 major M&A announcements among Global 5000 companies to go along with eight other major announcements. Boeing announced they will acquire Spirit AeroSystems HBC will be acquiring Neiman Marcus Six Flags Entertainment and Cedar Fair completed their previously announced merger and will ow […]
Nokia to acquire Infinera
Nokia and Infinera, a global supplier of innovative open optical networking solutions and advanced optical semiconductors, announced a definitive agreement under which Nokia will acquire Infinera in a transaction valuing the company at $6.65 per share or an enterprise value of US$ 2.3 billion.Acquisition ● Technology ● Europe & North America Additional News BASIC MATERIALSDuPont to Acquire […]
Q2 2024 updates for Global 5000 Database
We have completed the Global 5000 database updates for Q2, 2024 which are now posted and available for client delivery. During the quarter, over 2300 records were updated, and all 5,000 company records have been updated within the past 12 months. During Q2, 37 companies were added (or returned to the list) replacing those that […]
Home Depot Acquires SRS Distribution
The Home Depot Completes Acquisition of SRS DistributionThe Home Depot, the home improvement retailer, has completed the acquisition of SRS Distribution, Inc. for a total enterprise value of approximately $18.25 billion. SRS is a residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor. Acquisition ● Construction ● North America […]