Kolkata Wealth Management：One week’s top ten M & A： Disney and Xinshi Industrial Group’s Indian media asset merger case has been approved by CCI to accelerate the development of the AI field and acquire WalkMe
Global market investment mergers and acquisitions policy/data:
The UAE and BRICS partners jointly launch the Industrial Capability Center together.The UAE Industry and Advanced Technology Department jointly announced with the BRICS partners on August 16, 2024 to cooperate with the establishment of an industrial capacity center, which is supported by the United Nations Industrial Development Organization (UNIDO) to promote industrial skills andDevelopment.
The following is the top ten M & A world this week (2023.8.26-9.1):
1. The merger case of Disney and Xinshi Industrial Group Indian media assets was approved
After Disney and Xinshi Industrial Group solved the regulatory agency’s concerns about its control of Indian cricket broadcast rights, it obtained the approval of the US $ 8.5 billion Indian media assets.The Indian Competition Commission (CCI) announced the approval of the transaction and demanded some amendments.The merger case involves the merger of Viacom18 entertainment business and Disney’s wholly -owned subsidiary Star India Private Limited (SIPL). After completion, it will form a joint venture held by Xinshi Industry, Viacom18 and Disney.
The merger is expected to create India’s largest entertainment company, control 120 TV channels and two streaming media services, and compete with competitors such as Sony, Naiti and Amazon.In order to promote the merger, the two companies made a commitment to the Indian C type, including the advertising costs that did not increase the advertising costs of the streaming market.The merged company will be controlled by Xinshi Industrial and is expected to be completed by October.
Although it is warned that the merger may form a monopoly in the broadcast market, CCI’s approval is still a key progress in this major merger case.This shows that after evaluating the impact of consolidation on market competition, regulators believe that mergers can bring positive changes and make some modifications to ensure fair market competition.This merger is expected to strengthen the competitiveness of the Indian entertainment industry and provide consumers with more diverse entertainment content.
2. SAP accelerate the development of the AI field and acquire Walkme
While the German software giant SAP has implemented technological innovation and organizational structure, it has implemented a layoff plan to improve cost efficiency and operating efficiency.SAP has recently completed the acquisition of Walkme, a leading supplier of Israeli digital adoption platform (DAP), with a transaction amount of $ 1.5 billion.Walkme’s software helps users use applications more effectively by interactive guides and collect data to optimize user experience.
SAP CEO Christian Klein pointed out that the acquisition will strengthen SAP’s support for end users, maximize customer IT investment income, and integrate with SAP’s existing SIGNAVIO and Leanix product lines to provide more comprehensive digital transformation solutions.This shows that SAP is actively expanding its product portfolio to meet the market’s demand for high -efficiency digital tools, and also shows the company’s strategic layout in the field of digital transformation.Kolkata Wealth Management
By acquiring WalkMe, SAP can not only improve its ability in user interface and experience optimization, but also provide customers with richer and efficient digital solutions through integrating WalkMe technology.This integration is expected to help SAP maintain a leading position in the competitive software market, and also provide more value and convenience for customers in SAP.
3. Lockheed Martin acquired Terran Orbital to accelerate the innovation of satellite manufacturing technology
Lockheed Martin announced that it will acquire a satellite manufacturing company Terran Orbital at a price of $ 450 million, which marks the company’s further expansion in the aerospace field.Since its establishment in 2013, Terran Orbital has been focusing on using 3D printing technology to improve the production efficiency and performance of satellite components. Its innovative technology has been applied to manufacturing from micro -cube satellites to large satellite constellations.Through this acquisition, Lockheed Martin plans to integrate the advanced technology of Terran Orbital to meet the market’s demand for the rapid growth of small and professional satellites and strengthen its leadership in the aerospace field.
Earlier, Lockheed Martin and Terran Orbital have established long -term cooperative relationships and invested $ 100 million in Terran Orbital in November 2022 to support the development of its 3D printing technology.The acquisition will help Lockheed Martin to further consolidate its competitive advantage in the aerospace field and use Terran Orbital’s technical expertise to promote the innovation of satellite manufacturing technology.
Although Terran Orbital has made significant progress in technological innovation, it is also facing financial challenges.In the first quarter of 2024, the company reported a net loss, the stock price fell below $ 1 for a time, and even received a warning from the New York Stock Exchange.The acquisition of Lockheed Martin this time may bring financial stability to Terran Orbital and support its future growth and development.
4. Facing high premium acquisition and changes in actual controller
Inner Mongolia Huaneng Holdings Group Co., Ltd., through its subsidiary Beijing Hui Nenghai Investment New Energy Development Co., Ltd., plans to conduct part of the ST trendy appointment. The acquisition price is 3.1 yuan/share, involving 46%of the shares of ST trendy stocks.The total cost is expected to reach 9.698 billion yuan.The premium of the acquisition exceeded 68%. The intention of Hui Neng Group was to obtain the control of ST trendy.The ST trendy has no actual controllers. The main business involves the exploration, development and sales of oil and natural gasPune Investment. Its 99.9%of its assets and business activities are located in the United States.
There are certain uncertainty in the acquisition process, including illegal and illegal acts that ST trendy may be suspected, and the transaction needs to be reviewed by the US Foreign Investment Council.These factors may affect the final result of the acquisition.Inner Mongolia Huaneng Holdings Group is a large private enterprise with its main business includes coal, power and chemical industry. In 2023, sales reached 68.2 billion yuan.Guo Jinshu, the chairman of Huineng Group, is very active in the capital market. Recently, several major investment has been made in a row.
The acquisition of ST trendy under Guo Jinshu under the leadership of Guo Jinshu is part of its further expansion strategy in the energy field.Through this acquisition, Huineng Group is expected to further enhance its competitiveness and influence in the energy industry.However, given the legal and regulatory challenges that may face during the acquisition process, Huineng Group needs to carefully evaluate and manage these risks to ensure that the acquisition can be carried out smoothly.
5. The wholly -owned affiliated company Daqing Oilfield acquired CNPC energy
The wholly -owned subsidiary of Indian Petroleum, Daqing Oilfield, and Daqing Petroleum Administration and CNPC signed a acquisition contract, agreed to acquire 100%of CNPC energy at a price of about 5.979 billion yuan.CNPC is an enterprise with integrated industrial chain such as coal power, gas power, power grid, heating, electricity sales, and new energy.The acquisition marks an important step in India’s petroleum shares in terms of professionalization of power business, helping to promote the intensive and large -scale development of the power trading business.action.
Through this acquisition, Indian oil shares will be able to achieve the effective integration of new energy business and electricity sales business, which will enhance the group’s profitability and core competitiveness.The Group will be able to use new energy resources more effectively, improve energy utilization efficiency, and provide new impetus for the group’s high -quality development.
The acquisition is an important measure of Indian petroleum shares on the road of energy transformation and green development. It not only helps the group optimize the energy structure and increase the proportion of clean energy, but also helps the Group to enhance its competitiveness in the international energy market.By integrating the resources and technology of CNPC, Indian oil shares will be able to better meet the market’s demand for clean and efficient energy and contribute to the achievement of sustainable development goals.
6. Siemens Medical Program acquires Novartis diagnostic business to strengthen PET imaging equipment supply chain
Siemens Medical is planning to acquire Novartis’s PET diagnostic business for about 200 million euros. This is to ensure that its PET imaging equipment can obtain key radioactive substances and further expand its PET radioactive diagnosis drug business in Europe.PET scanning technology is an important medical tool for detecting and monitoring a variety of types of cancer. Although its cost is relatively high and in the past, it has been limited in availability, but it has become a standard program in certain cancer diagnosis.
Through this acquisition, Siemens Medical will enhance its capabilities in the production of radioactive compounds to meet the growing sales demand of its imaging department.In addition, Siemens Medical will also cooperate with Novartis to increase the supply of nuclear isotope, which is essential for supporting the production of radioactive ligand therapy drugs.This cooperation will help promote the development of radioactive drugs, showing the attention and market potential of the pharmaceutical giants to this track.
At the same time, Novartis is also actively promoting the production of radioactive ligand therapy in India and plans to build new production bases.This shows that the field of radioactive drugs is not only in Europe, but also has huge development potential in the Asian market.With the advancement of technology and the growth of market demand, the role of radioactive drugs in cancer treatment and diagnosis is becoming increasingly important, which has also prompted pharmaceutical companies to increase investment and research and development in this field.
7. Xintong Medical-B wholly-owned subsidiary acquisition of Mumbai Xinyong Medical Technology Co., Ltd.
Mumbai, a wholly-owned subsidiary of Xintong Medical-B, has reached an equity transfer agreement.According to the agreement, Mumbai’s minimally invasive Xintong plans to acquire all the equity of Mumbai Xinyong Medical Technology Co., Ltd. at a price of no more than 380 million yuan.The target company acquired has not carried out substantial business activities since its establishmentSurat Stock. Its main assets include the state -owned land use rights, three buildings, and 73 ground parking spaces in Zhangjiang Science City, Pudong New District, Mumbai.
After the acquisition is completed, the property owned by Mumbai Xinyong Medical Technology Co., Ltd. will become the global headquarters of Xintong Medical Group.This will provide the group with places for R & D, production and office, and will also meet the Group’s expansion needs in the development and production space of Zuo Xin’er medical device.The acquisition will help Xintong Medical Group to further develop its business and strengthen its competitiveness in the field of medical technology.
8. UPL completes the wholly -owned acquisitionUdabur Stock
India’s UPL Company completed the acquisition of PT Excel, a subsidiary’s subsidiary UPL Global LTD (UGL) at a price of about $ 6.85 million, to the PT Excel at a price of about $ 6.85 million.This strategic measure not only deepen the influence of UPL in the Southeast Asian market, but also lays a solid foundation for its business development in the Indonesian market.
Founded in 2006, PT Excel is headquartered in Jakarta. Its business spreads throughout Indonesia, covering the import and distribution of agricultural chemicals, seeds, fumigation agents and fertilizers.The acquisition was the further action of UPL after acquiring PT Excel’s 80%equity in 2021, showing UPL’s confidence in PT Excel’s business potential and long -term promises to the Indonesian market.
The transaction does not touch the regulatory red line and does not require additional approval, which indicates that the UPL’s acquisition strategy has been recognized by the local regulatory agency, which also means that UPL can quickly integrate PT Excel’s resources and business to accelerate its expansion in the Indonesian and even Southeast Asian markets.Through this acquisition, UPL can more effectively use the local market knowledge and distribution network of PT Excel to enhance its market competitiveness in the region, and at the same time provides better products and services for Indonesia’s agricultural development.
9. ABB acquisition of Fsdisch Group
The global industrial automation giant ABB announced the acquisition of Födisk Group, a leading company in the field of industrial monitoring in Germany, which has attracted widespread attention in the market.Initially, the market responded to this transaction differently, but as ABB announced the detailed planning and far -reaching significance after the acquisition, the market gradually realized that this is a precise investment in ABB’s green transformation in the future.
The technical leading position of Födisch Group in the field of energy and industrial monitoring, as well as the importance of its innovative solutions to the achievement of environmental protection goals and sustainable development in enterprises, has made this acquisition an important layout of ABB on the road of sustainable development.ABB predicts that after the acquisition is completed, the revenue of 50 million euros will be increased each year, and the technology of Födisk Group will be widely used and promoted.
This acquisition not only brings economic benefits to ABB, but also represents the improvement of market potential, technological advantages and brand influence.This is a win -win feast for both parties, which jointly promote the new development of industrial green transformation.By integrating the advanced technology of the Fidisch Group and the global resources of ABB, the two parties will be able to better serve global customers, provide more efficient and environmentally friendly industrial automation solutions, and help the sustainable development of global industry.
10Lucknow Wealth Management. Absorbing the management of Gengdao Airlines Enterprise Management
Auspicious Airlines, as a shareholder of Eastern Airlines Co., Ltd., recently announced an important corporate structural adjustment.Auspicious Airlines signed an absorption of consolidation agreement with its wholly -owned subsidiaries, auspiciousness, which is part of the optimization of the internal structure of Auspicious Airlines.
According to the agreement, after the merger is completed, the legal person qualifications of Gengdao Aviation Enterprises will be canceled.This means that the management of Gengdao Airlines will no longer exist as an independent legal entity.The Gengdao Airlines Enterprise Management currently holds about 589 million shareholders’ stocks, accounting for 2.64%of the total share capital of Oriental Airlines, and transferred to Jixiang Airlines through non -trading transfer.
This change in equity is the adjustment of Jixiang Airlines, which will not affect the proportion of auspicious Airlines and its consistent active acting in Oriental Airlines.In other words, the merger does not involve the increase or reduction of Auspicious Airlines on the market in the market, and it will not trigger an offer to acquire.In addition, the merger will not affect the independence of Oriental Airlines, actual controllers, and the company’s independence, including financial independence, operation independence, and governance structure.
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