The company is focusing on the circular economy with the two companies of which it already partially owned
The group, led by Fulvio Montipò, had already purchased four companies in the pipe sector. The English Alltube has a turnover of 5 million euros and an Ebitda of 15%
Three months after his ninetieth birthday, the designer talks about the future of the holding. Independence has always been one of the founding values of the group which, however, has now adapted to changing times. The stylist: "I don't feel like excluding anything"
The divestment of satellite companies is one of the pillars of Eni's strategy which will thus be able to better finance greener activities without taking resources away from oil and gas activities
The operation, the largest ever entered into by the Italian cable group, will allow it to develop its business in North America. Once fully operational, it will be able to generate approximately 140 million in synergies. Here's what analysts think
Cherry Bank, new M&A: after the merger with Banca Popolare Valconca, it enters the capital of Banca Macerata and becomes the first shareholder of the Marche institution. The strategy: support for territories where banking presence has reduced in recent years
The private equity fund, led by CEO Francesco Conte, will enter mainly through the subscription of a capital increase of approximately 100 million. The board of directors also appointed Pierluigi Tosato as new CEO
Sale to Goldman Sachs. Azimut's initial investment in Klim was 60 million. In March Azimut announced the spin-off of part of the financial advisor network to create a fintech bank which should be listed within 6-9…
Big maneuvers among the big American companies with M&A operations. Meanwhile, the Italian Recordati is thinking about targeted M&A operations in its new plan to 2025
The CEO of Unicredit, Andrea Orcel, is thinking of a quality acquisition but only if the return for shareholders is satisfactory. All possible prey
CEO Philippe Donnet's satisfaction with Generali's 2023 results, which grows in premiums, profitability, profit and coupon. The dividend has already reached the top of the plan range. An early buyback will be offered. Donnet on M&A: "if…
It is considered the Roman financial salon and the body chaired by Fabrizio Palenzona has invested 2 million for a 0,7% share. What were your latest purchases?
According to Bloomberg, the Lion company is thinking about useful acquisitions for its paper-by-paper growth, without the use of cash. Objective: maintain firm control
Angelini had 0,47% of Mediobanca and 0,06% of Unicredit: small but significant shares. The already good financial situation of the multifaceted Italian group grows further. But what else will such abundant cash be used for?
The world of mergers and acquisitions sees 5 trends emerge in 2024: AI, mid-sized deals, partnerships, private equity and a focus on value creation. The analysis of Wtw's Quarterly Deal Performance Monitor
Maire acquired control of Hydep and Dragoni Group and obtained a contract from Eni for the Livorno refinery
The Morattis confirm the negotiations, but with reservations. Saras, located in the heart of the Mediterranean, is a tasty and strategic morsel for Vitol. For this he is willing to pay 35% more than yesterday's prices.
Fastweb aims to create the first linguistic model (Llm) trained natively in the Italian language, supported by the recent purchase of the powerful NIVIDIA Supercomputer dedicated to GenAI. It is expected to become operational by mid-year.
From Brussels the Antitrust moves to "phase two" for an "in-depth investigation". The fears: "Do not reduce competition." The Mef: "Forward with determination"
The fast food company, born in Brescia from the idea of two friends, now has 408 points of sale, 2.500 employees and a turnover that has tripled in six years. Shopping goal: to push it abroad
For the Cognac operation launched in December, the Spritz house had received a bridge loan from the banks. Now it has replaced it with 650 million new ordinary shares and 550 million convertible bonds
The deal could be announced as early as this week. According to some observers, this would be a move to overtake Apple
With this operation, Wind Tre would strengthen itself from the point of view of frequency allocation thanks to the 60 MHz of spectrum available to Opnet
The Italian brand saw sales of 2023 million euros in 42, tripled since the pan-European fund entered its capital in 2017
These will be crucial weeks for the telephony sector. An interesting and intricate risk awaits that could bring twists and surprises. Here are all the plots at the moment
The two brands, already world leaders in boating, together would create a hub of motor and sailing boats without equal in the world
The operation is in joint venture with Apex Clean Energy. Strategy and growth targets in the US will be presented in the first half of 2024 with the industrial plan to 2028
According to the CEO of the Piazza Gae Aulenti bank, an acquisition will ensure that Unicredit is recognized for its full value as a leader in Europe
Under the agreement, if some goals are achieved, the premium will also be 91% compared to Monday's close. Vaccines against respiratory viruses will be developed
The operation will allow the company led by Perotti to further expand in the strategic APAC region
The company is part of Cathay Financial Holdings and is one of the most important financial institutions in Asia with approximately 157 billion dollars in assets under management.
Ardian will buy 15% and Saudi Arabia's sovereign wealth fund 10% through separate vehicles.
Kairos manages almost 5 billion euros in assets, with products and services aimed at high-end customers, while Anima has around 190 billion in assets under management
The Italian payments company is said to be in talks to sell only some assets, to concentrate on its core business, with clearing and digital corporate banking services also targeted
The Commission continues to request new documentation to complement the dossier. But in the background there is opposition from France which would not like Germany to take up more space. Furthermore, other European airlines are up for sale
The results for the first 9 months of the year are above analysts' expectations. CEO Bertoluzzo: we are in line with our plan with a strong expansion of margins and a reduction in financial leverage
The list of suitors for the payments company is growing. This benefits the stock which rises from the historic lows reached during the summer. We are now awaiting the third quarter accounts. But above all, private equity funds will have to…
Sks365 is active on the Italian online market with the Planetwin365 and PlanetPay365 brands. Lottomatica estimates it will achieve cash synergies of costs of 60 million and revenues of at least 5 million by 2026. Stock on the rise
The company active in the world of gaming and betting is owned by the English private equity fund Apollo
Intesa Sanpalo strengthens its presence in Central-Eastern Europe, focusing on a country that expects GDP growth of over 3% in the next two years. Intesa is already present with the 34 branches of ISP Bank Romania
China's Leapmotor specializes in the production of electric vehicles (EVs). Stellantis and Leapmotor will also form a joint venture. Tavares: We will not be the Trojan horse of Chinese products in Europe, on the contrary we will earn from their expansion"
CEO Casini: the nine brokers under observation are individually worth between 1 and 3 million in turnover for a total value of around 20 million in revenue
The new sale in Chile is expected to have a positive impact on the Enel Group's net debt of approximately 525 million euros and on the Group's reported net profit for 2023 of approximately 50 million euros
The operation is in line with Enel's Strategic Priorities to promote the profitability of invested capital and to achieve a simplification of the structure
Nexi is in an optimal astral conjunction to become easy prey for private equity funds. We need to see how the various partners will fare. Starting from the Italian government
At this point we imagine that Julius Baer will have to take up the cards again and start a new phase of surveys after the operation had also been evaluated by other parties in recent months
The CVC fund has been evaluating a potential offer for some time and could take advantage of the low prices of Nexi shares. CDP and the golden power. Late in the morning, sources close to CVC denied contacts. The stock remains on the rise.
Unieuro CEO Nicosanti Monterastelli explains that it is the most strategically and financially important operation in our history and interesting synergies will arise from it.
The Institute obtained a license that the Swiss authorities had not granted to an Italian private bank for 15 years. With the Swiss passport you can act in various directions. Here is the new strategy
Cross-border M&A boom in Brazil: in the first 9 months of 2023 they were 61% of the total, compared to 31% in 2022. The reasons? The newfound international credibility with Lula, the political tensions between the USA and China and in Ukraine, and the growth…
The shareholder agreement that expired effectively bound only part of the Silk Road stake, namely 5%, but served to effectively bring the control package of the Chinese partner from 37% to the effective 42%. Second…
Two large operations could open the privatization dossier - This is Aponte's challenge to the Fs with Italo and Ita. Dogliani's Fininc instead focuses on Aspi. And Matteo Salvini blesses the deal
Aponte: This agreement demonstrates our long-standing commitment to Italy and support for high-speed passenger rail in the country. The objective is to establish a long-term strategic partnership for the future development of Italo
The Bolognese insurance company, already the largest shareholder of Popolare di Sondrio with 9,5% of the capital held through the subsidiary UnipolSai, today completed the purchase of 10,2%, a premium of over 6%. To the detriment of MPS
The acquisition has been completed in partnership with the Uzzeni family. Expected growth plan for international expansion, new products and automation
The proposed acquisition price, at $19 per share all cash, represents a premium of 82%
Analysts see the flourishing M&A activity seen recently as possible in the coming months as well. The main aim is to have control of the supply chain and know-how
From the union of the two a financial giant worth 21 billion euros would be born
Davide Milano joins the company specialized in corporate finance activities after an experience in Oaklins Italy. It strengthens the Turin office opened last year
Among the contenders, Allianz, Talanx Itas and Groupama are in pole position
Through the companies of Exploris Deutschland Holding GmbH Hamburg, including Via Cargo, HSL Logistik and Delta Rail, Polo Logistica FS will operate in rail freight transport in eight European countries
According to the analysis of the Quarterly Deal Performance Monitor of WTW, the main causes would be the increase in interest rates and the climate of uncertainty
For 2023 guidance confirmed with estimated revenue growth of "over 7%", excess cash generation of "at least 500 million" and a net financial leverage of approximately 3 times EBITDA
The group headed by Bernard Arnault, according to Forbes the richest man in the world, is betting on the return of Chinese shopping. In sight the purchase of Platinum Invest in the high jewelery sector
The joint venture will invest in the acquisition and development of luxury and lifestyle brands in Europe, particularly in Italy, France, Switzerland and the United Kingdom
The operation, in the field of naval electrical and electronic plant engineering, has a value of 2,7 million
Caracol wants to bring its Heron AM technology to an international scale and triple the company workforce by 2024
The Lombard giant is interested in the Piedmontese group in difficulty after the price increase
Euronext was willing to pay €5,69 in cash plus €0,0459 in newly issued treasury shares per share
The transaction makes it possible to accelerate the strategy of Banca Generali's 2022-2024 business plan, consolidating the "positioning in the field of sustainability". It comes following the control by Allfunds, which closes 2022 with a profit of +16%
Grows Tulips, the first Italian online-only supermarket. Acquisition of Green Project, a startup that delivers fruit and vegetables at zero km. A partnership has also been established with Modula for the construction of vertical warehouses
Fideuram's CEO, Tommaso Corcos, is looking at acquisitions in Switzerland and Luxembourg to satisfy offshore customers
The acquisition of Coin was canceled because Ovs prefers, in this market context, to continue its deleverage action in the interest of the shareholders. Revenues in the fourth quarter grew by 11%, Ebitda by more than 10%.
The transaction, subject to Antitrust approval, is expected to close in the first quarter of 2023
The operation provides for a first step with the purchase of 83,5%, extendable to 100% within 3 years. Marie Tecnimont stock at the highs for the period continues to rise
With an investment of around 250 million, it will double its turnover, bringing it close to 800 million, becoming a leader in Europe.
The cash portion represents approximately $1,3 billion in transaction value and a 121% premium. The maximum value of the acquisition with the potential exercise of the right would be $1,8 billion and would have a premium…
With this operation, Howden becomes the main brokerage company for film and television productions in Italy
In the third quarter, the bank in Piazza Meda achieved the best result since the birth of the group. The outlook for 2022 sees earnings per share at 0,45 euro from 0,40. Payouts at 50%. Within the year the choice of a new partner…
The acquisition of Brightsphere could turn out to be more streamlined and cost less, so much so that the hypothesis of the sale of Banca Generali to Mediobanca is not so necessary and immediate
The first sustainability report with reference to 2021 and the carbon footprint in the three-year period 2019-2021 was presented today. Sustainability must be a "state of mind", says Rosso.
The Brianza-based company continues shopping in the world of motorcycling: after taking over Tucano Urbano, it buys 100% of the brand specializing in footwear
Sandro Veronesi's Group also adds a pret-à-porter to its portfolio of brands, thus also entering the world of fashion shows. News coming for its subsidiary Signorvino
The family of the Brianza-based company will remain as a minority shareholder – Salice's shareholders were assisted by Equita K Finance (Clairfield Italy), as financial advisor
The operation aims to offer Tim group customers a complete range of digital services and solutions: Cloud, Security and IoT
SocGen, one of the largest French banks, confirms Bini Smaghi as president but announces the change of CEO for 2023, with an eye to possible international mergers
While the asset transfer may help the oil and gas majors execute on their energy transition plans, it won't help reduce global greenhouse gas emissions.
The company dedicated to sharing mobility from Stellantis has announced the acquisition of the brand controlled by the two German brands – The stock shines in Milan with +2,59%
The project is confirmed, but Kkr has not provided financial details - There is talk of a valuation for the entire company of more than four billion dollars, including debt
Generali completes the acquisition of the majority stake in Fgil Life business in India, one of the most effervescent markets. Soon the conclusion also of the operation in the Non-life business
In 2021, M&A transactions in the sector rose by 26% in Europe, the highest number since 2006, and in 2022 it will go even better. This was revealed by the Cms law firm
Poste Italiane grows in proximity payments with the acquisition of the former Lottomatica Italia Servizi for 700 million - The closing is expected within the third quarter of 2022
A new chapter opens for the Paduan company involved in the production and sale of biocides - The entry with a controlling stake in the Japanese company will allow access to new markets - The operation will be completed at the beginning of 2022
The American giant has acquired the competitor Cooper in a cash and stock transaction - A giant with a turnover of more than 17 billion dollars will be born
Despite the pandemic, the Italian market is still very attractive for American investors - This is what emerged from the White Paper prepared by the M&A working group of the American Chamber of Commerce in Italy - M&A operations on the Italy-USA axis…
Two mega-deals, one in high tech and the other in pharma, light up the American stock exchange - Piazza Affari and the stock exchanges of the Old Continent are weak
The Amaro del Capo of the Caffo family of Vibo Valentia conquers the Dutch Petrus Boonekamp by purchasing it from Diageo - With this acquisition, the Calabrian group aims at 35% of the amaro market in Italy
The world market for professional and domestic coffee machines is booming: this is how Italian brands are taking advantage of the opportunity.
The Honk Kong Nuo Capital fund would like to acquire a minority stake in the Florentine company that owns the famous beard shaving and cosmetics brand
Talks to FIRSTonline Gianmarco Tosti, Country manager Willis Towers Watson Italia, global consultancy and brokerage company: "Geopolitical and commercial uncertainties are to blame. Italy's political instability? It has little effect" - The company has launched a new cutting-edge algorithm For…