Leave a Comment / FinTech Division / By Thomas Tang Overview – What is Klarna? Klarna Bank AB (Klarna) is a fintech company founded in 2005, based in Sweden. It aims to make a more effortless and safer online shopping experience for its customers. Klarna now has more than 250,000 businesses globally with over 90 million active customers, becoming …
The termThe term DeFi, short for Decentralized Finance, was introduced in August 2018 in a Telegram chat between developers and entrepreneurs at Ethereum, including Inje Yeo from Set Protocol, Blake Henderson from 0x and Brendan Forster from Dharma. They discussed what to call the open finance application movement based on Ethereum. Other options considered were …
What is Palantir? Palantir Technologies is a public American software company that specializes in big data analytics. It performs a deep search of all criminal, financial, medical, communication, and clandestine agency records on the target. Did you know? The company’s tech helped locate Osama bin Laden in 2011 and is being used to trace COVID-19 …
The industrials sector covers a wide range of companies that produce goods for manufacturing, construction and resource extraction, such as equipment and machinery. The overall performance of the sector is correlated to the supply and demand for the manufacturing of specific products usually interwoven with general trends of growth or rescission in the markets. Some …
DEAL OVERVIEW Acquirer: CDPQ Target: 50% stake in Greater Changhua 1 Offshore Wind Farm (owned by Ørsted) Value: $2.68 billion Announced date: January 11th 2021 Closed date: Ongoing Financial Advisors: Deutsche Bank for CDPQ Legal Counsel: Clifford Chance for CDPQ, Allen & Overy for Ørsted COMPANY DETAILS Acquiring company: CDPQ CDPQ is an institutional investor and asset manager that serves over 6 million Quebecers, and holds over 40 retirement and insurance plans. The …
CDPQ completes Acquisition of Greater Changhua 1 Offshore Wind Farm Read More »
The Dogecoin bullish wave is over or a pullback after two months of unparalleled growth. In any case, the last fall of Dogecoin reminded us how fragile the crypto doge is. It took Elon Musk’s circus for her to lose 20 cents. There is not just that ! The fear that the major Dogecoin investor …
Do you know the identity of the whale behind the Dogecoin? Read More »
Since the end of September Facebook Inc. has faced a new wave of reputational issues initiated by an ex-employee, called “the whistleblower” by the media, who leaked internal documents to the Wall Street Journal revealing the company’s misconduct towards its 2.8 billion users. Apparently, when it came to choosing between profit and users’ safety Zuckerberg’s …
Facebook Stock Analysis: Is it a Strong Buy Amongst Whistleblowers and Privacy Concerns? Read More »
–By Chen Xiangyu (Owen), University College London DEAL OVERVIEW Acquirer: Microsoft Target: Nuance Communications Total Transaction Size: $19.7B Expected Closed date: Q3 2021 Acquirer advisor: Goldman Sachs Target advisor: Evercore Nuance Communications, a speech recognition and artificial intelligence software company, agreed to be acquired by Microsoft for $56 per share in an all-cash purchase worth $19.7 billion, that including the company’s debt. …
DEAL OVERVIEW Acquirer: MicrosoftTarget: Nuance CommunicationEstimated value of merger: $19.7 billionDate of transaction: Q4 2021Financial advisor to Microsoft: Goldman Sachs & Co. LLCFinancial advisor to Nuance Communications: Evercore On April 12th 2021, Microsoft Corp and Nuance Communications announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $56.00 per share …
-By Chen Xiangyu (Owen), University College London DEAL OVERVIEW Acquirer: Liberty GlobalTarget: TelefonicaEstimated value: €35.2 BillionAnnouncement date: 7 May 2020Acquirer Advisor: JPMorgan ChaseTarget Advisor: Citigroup Liberty Global Plc and Telefonica S.A. will establish a 50:50 joint venture in which LibertyGlobal will provide its €21 billion UK-based subsidiaries Virgin Media and Telefonica willprovide its €14.2 billion …
Liberty Global and Telefonica to merge their UK operations in a €35.2B merger Read More »
-By Josh Abraham, London School of Economics DEAL OVERVIEW Acquirer: AerCap Target: General Electric Capital Aviation Services (Gecas) Value: US$30 billion ($24 billion in cash, 46% ownership stake in combined company, $1 billion in AerCap notes and/or cash upon closing) Announced date: March 10th, 2021 Closed date: Ongoing Financial Advisors: Citi and Morgan Stanley for Aercap, PJT Partners LP, Goldman Sachs, and Evercore for Gecas Legal Counsel: Cravath, Swaine …
$30B Aercap acquisition of Gecas creates a giant in the aircraft leasing industry Read More »