Wooden Blocks With Mergers And Acquisitions Text On Chess Board

After our “Merger Monday”coverage two weeks ago, here is other M&A-related news outside our T&L industry and some more, hopefully useful, background:

> “AstraZeneca, Daiichi Sankyo in $6B oncology deal

MarketWatch writes that:

“AstraZeneca PLC said Monday that it has entered into an oncology collaboration with Daiichi Sankyo Co. worth up to $6 billion that it said could redefine treatment standards in lung, breast and multiple other cancers.”

> “SAP to spin off its Qualtrics unit through IPO

MarketWatch notes:

“SAP SE announced Sunday it plans to take its Qualtrics cloud-software business public through an initial public offering. SAP bought Qualtrics ahead of its planned IPO in 2018 for around $8 billion. “SAP’s acquisition of Qualtrics has been a great success and has outperformed our expectations with 2019 cloud growth in excess of 40%, demonstrating very strong performance in the current setup,” SAP CEO Christian Klein said in a statement Sunday.

Well, this isn’t a story you see every day, TechCrunch argued.

> “Quadrant, Five V-backed Probe in merger to create outsourcing giant

AFR writes:

“Quadrant Private Equity will consider an initial public offering for its portfolio company Probe Group, after inking a deal to create the country’s largest locally-owned outsourcing services business. The transaction saw Probe – backed by Quadrant and Adrian MacKenzie’s buyout firm Five V Capital – enter into an agreement to merge with rival outsourcing outfit Stellar to create a business that is expected to generate $600 million of revenues this year.

“The combined group will employ more than 12,600 people across six countries and will primarily focus on customer experience outsourcing services, handling things like inbound customer enquiries for its clients. Once the merger is complete, it’s expected to focus on building out and investing in its internal capabilities, including putting more money into data analytics and technology development. It is understood Quadrant and Five V will seek to list the company in about 18 months time.”

More strategic than sizeable, perhaps? Or? M&A as fear gauge.

> “Iberdrola locks in improved takeover offer for Infigen

> “Buyout shop GTCR is selling Optimal Blue to Black Knight for $1.8 Billion

> “Rackspace Technology wants to raise $754m in IPO

> “IPO market braces for another 7 deals this week and yet another blank-check company

> Meanwhile, you may also want to read this: “Gold hits record as investors opt for safe haven(click to expand)

(Source bullionvault.com)

(Source bullionvault.com)

Unexpected? Read this.

> Then this: “World trade continues to slide as recovery sputters (7 charts)

> And now: “Why gold prices are expected to go even higher” and “The tale of two dip loans“, as well as… “others” in Fintech-land.

> And this, obviously: “US stock futures rise ahead of big earnings week

(Source MarketWatch, midday CET)

(Source MarketWatch, midday CET)

Finally, global M&A volumes and trends by Dealogic for 2005-1019 can be found here.

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