Hints and tips:
...Software AG has held conversations with Bain in recent weeks but does not see the synergies to be gained from a merger between Rocket Software and its own business, a person familiar with the matter said...
...Capital One and Discover said on Monday that the transaction is expected to generate expense synergies of $1.5bn in 2027 and deliver a return on invested capital of 16 per cent in 2027....
...Capital One says it can wring out $2.7bn worth of annual efficiencies, roughly split between cost cuts and squishy “network synergies”. To judge the chances of achieving that, consider some history....
...“In a hybrid work world where demand for WeWork’s product should be greater than ever, my clients believe that the synergies and management expertise offered by an acquisition by my clients could significantly...
...He argued Hulu’s value has increased significantly since 2019, and suggested a fair price would be about $60bn thanks to potential synergies and a reduction in customer “churn” if it is bundled with Disney...
...The investor alleged Illumina would now be forced to pay $800mn in annual operating costs but has no operational control of Grail and cannot realise any synergies from the acquisition....
...The FT’s Lex column is sceptical of revenue synergies....
...better understanding of ESPN’s potential as a standalone business”, adding that he looked forward to seeing network chief Jimmy Pitaro “execute on the growth and innovation plans, generating considerable synergies...
...“The synergies are quite limited in terms of cost savings,” he told the FT, adding that he believes “it’s not that difficult” to manage a complex and growing web of 112 entertainment studios across Europe...
...Total enterprise spending on cloud services reached a record $178bn last year, according to Synergy Research Group, up more than a third on the previous year....
...Gazprom-Media said it was interested in acquiring a stake in VK as it saw natural business synergies....
...Shell counters that there are significant synergies among its various businesses and that keeping them together allows it to help its 30m daily retail customers and 1m corporate customers decarbonise....
...Aiyengar said that “there needs to be a level of comfort with each other’s credit books, related marks and the ability to accurately quantify and articulate synergies and dis-synergies”....
...Only the latter was considered to involve the kind operational synergies that motivated earlier waves of M&A, according to Enverus. 3....
...In a statement, Nexi said Nets’ shareholders including Hellman & Friedman would be expected to make “long-term lock-up commitments” and that estimated synergies of a deal amounted to €150m....
...Daiwa analysts said they had “doubts over the operational synergies”. Shares in Nasdaq-listed Baidu closed 1.3 per cent lower....
...At the time of its reflotation, Dell had hyped up how much its shares were poised to climb, partly due to all the synergies across its disparate units....
...The lack of a straightforward industrial rationale for either company just highlights how this deal is being driven more by political interests than business synergies....
...Yet Eldorado promises $500m in annual synergies — representing a high 28 per cent of Caesars’ overhead costs. When Caesars reorganised in bankruptcy it came out as two companies....
...In short, they are as follows: Securing antitrust approval Lex points out that the £5bn uplift in the LSE’s market worth since the news of the deal may represent the value of fabled “revenue synergies”...
...Media reports have speculated that the potential merger could generate synergies of $500m, but we believe it would be a mistake to rely on achieving something of that magnitude.”...
...Eldorado shares have gone from $4 five years ago, to about $50 stemming from the synergies wrung out from buying Tropicana Entertainment and Isle of Capri Casinos....
...He said that as a combined entity “Caesars and Eldorado will be America’s pre-eminent gaming company,” adding: “It is rare that you see a merger where because of the great synergies ‘one plus one equals...
...The company may play a role working with Apollo to find synergies in spreads production, people close to the discussions said....
...They foresaw operating synergies of 4-5 per cent of acquired revenue, equal to £150m-£190m or 37p-46p per share....
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