The Right Time For An IPO In The Mortgage Industry? Quicken Loans IPO Report

(Jordi Brown & Ali Soufraki) Company Description and Business Model Based in Detroit, Quicken Loans operates in the non-bank mortgage lending industry as it constantly seeks to revamp the traditional home loan application process. Quicken Loans’ use of innovative technology has given the company a defensible comparative advantage by enabling it to offer its renowned … More The Right Time For An IPO In The Mortgage Industry? Quicken Loans IPO Report

Italy’s Largest Bank Set To Acquire The Third: Intesa’s Hostile Takeover Bid For Rival UBI Banca

(Barkha Babbar & Giorgio Curti) Given the fragmented nature of the Italian banking system, Italy’s largest retail lender, Intesa had proposed a hostile takeover of its smaller rival UBI Banca on February 18th, in an effort to trigger further consolidation within the banking industry.   UBI is predominantly based in the industrialised north of Italy and therefore its … More Italy’s Largest Bank Set To Acquire The Third: Intesa’s Hostile Takeover Bid For Rival UBI Banca

Thyssenkrupp’s Elevator Unit Set To Undergo 2020’s largest LBO

(Claudia Horsham) Thyssenkrupp AG is selling its Elevator technology business, which is said to be the ‘crown jewel’ of the 20-year-old German conglomerate, to a consortium led by Advent, Cinven and RAG-Stiftung foundations for a purchase price of €17.2 billion. The motivation for the sale comes from the fact that the company is reeling from … More Thyssenkrupp’s Elevator Unit Set To Undergo 2020’s largest LBO

O2 and Virgin Media join forces in recently agreed broadband and mobile merger in the UK

(Giorgio Curti) On May 7th, an agreement on a merger between broadband giant Virgin Media and mobile provider O2 was announced by the owners of the two companies, which belong to the multinational groups Liberty Global and Telefonica, respectively.  Virgin Media provides broadband access and cable TV to around 6 million users, as well as having 3 million mobile … More O2 and Virgin Media join forces in recently agreed broadband and mobile merger in the UK

Warner Music Group to be listed on Nasdaq

(Guglielmo Santamaria) On May 26 Warner Music Group confirmed its upcoming IPO by filing a S-1/A amendment to its S-1 form with the US Securities & Exchange Commission. WMG’s listing on the Nasdaq stock exchange is one of the most anticipated of the year, and was supposed to take place in the month of March, but was delayed to June … More Warner Music Group to be listed on Nasdaq