MergerLinks

Do you qualify for 2024 Dealmakers Rankings? Here is how to check: 1. Find your profile on the platform: https://lnkd.in/dsVe_Byd 2. Review your deals for 2024. 3. Found missing ones? Submit them here before Jan 14th: https://lnkd.in/d_Firwmh 4. Didn’t find your profile? Create one by submitting your deals: https://lnkd.in/d_Firwmh P.S. over 58,000 dealmakers are being considered for League Tables. #MergersandAcquisitions #PrivateEquity #DealMaking

Welcome to MergerLinks Daily Review, your daily dose of M&A news before your morning coffee. Subscribe now and never miss a beat with MergerLinks. Bankers mentioned: Anil Rachwani, Kunal Gandhi, Basil Geoghegan, Claire Brooksby, Matthew Watkins Lawyers mentioned: Craig Jones, Peter Watts, Annamaria Mangiaracina, Victoria MacDuff, James Cook, Sundeep Kapila, Nick Jones, Melissa Kalka, Douglas Bacon, Garett Morin, David Perkins PR Advisors mentioned: Brambilla Alice, Neil Bennett, Callum Laidlaw, Andrew Cole #MergersandAcquisitions #FinancialServices #Corporate

HUTCHMED, backed by billionaire Ka-shing Li, is divesting a 45% stake in its health subsidiary, Shanghai Hutchison Pharmaceuticals, for approximately $608m. The buyers include Chinese firms GP Health Service Capital and Shanghai Pharmaceuticals Holding Co., Ltd.. This move is aimed at boosting capital and sharpening the company’s focus on core pharmaceutical operations, as disclosed in a stock exchange filing on January 1. #MergersAcquisitionsDiversitures #Healthcare #Pharmaceutical

An outsourcing group backed by former UK chancellor Lord Luke Hammond is reportedly among the bidders eyeing Telent Technology Services Ltd, a leading provider of digital infrastructure services. Amey, which faced financial struggles before being acquired by two private equity firms in 2022, has submitted a preliminary offer to acquire Telent. #MergersAcquisitionsDiversitures #UK #DigitalInfrastructure

Abu Dhabi’s Mubadala Investment emerged as the most active sovereign wealth fund last year, increasing investments across sectors such as private credit and artificial intelligence. In contrast, Saudi Arabia’s Public Investment Fund (PIF), which held the top spot in 2023, scaled back its spending and shifted focus toward domestic investments. #MergersAcquisitionsDiversitures #PrivateEquity #SovereignFund

NVIDIA invested $1bn in artificial intelligence startups in 2024, positioning itself as a key supporter of companies leveraging AI technologies powered by its advanced chips. The semiconductor giant, which surpassed a $3tn market value in June, has significantly increased funding to some of its own customers in the fast-growing AI sector. #MergersAcquisitionsDiversitures #AI #Chips

Sentry Insurance Agency, a mutual insurance company, completed the acquisition of The General®, a licensed insurance agency, from American Family Insurance, an American private mutual company, for $1.7bn. You can submit deals you were involved with here: https://lnkd.in/d_Firwmh "This marks an exciting new chapter for Sentry and The General. By bringing together Dairyland's independent agent network and The General's direct-to-consumer expertise, we're uniquely positioned to offer greater flexibility and accessibility to drivers across the US I'm thrilled to welcome The General's 1.3k associates to the Sentry team and look forward to what we'll achieve together," Pete McPartland, Sentry Chairman and CEO. Sentry Insurance (led by Pete McPartland) was advised by J.P. Morgan and Sidley Austin LLP (led by Sean Carney and Paige Levitt). American Family Insurance (led by Bill Westrate) was advised by Goldman Sachs and Foley & Lardner LLP (led by Maureen Easton). #MergersAcquisitionsDivestitures #Insurance #FinancialServices

Tadano Ltd., a Japanese manufacturer of cranes and aerial work platforms, completed the acquisition of Manitex International, a mobile truck cranes, industrial lifting solutions, aerial work platforms and construction equipment provider, for $223m. You can submit deals you were involved with here: https://lnkd.in/d_Firwmh Manitex International was advised by Brown Gibbons Lang & Company, Benefits Bryan Cave Leighton Paisner and Vallum Advisors (led by Noel Ryan III, IRC and Paul B.). Tadano was advised by Perella Weinberg and Sullivan & Cromwell LLP (led by Frank Aquila and Mimi Wu). Perella Weinberg was advised by Ropes & Gray LLP. #MergersAcquisitionsDivestitures #Cranes #Lifting

Swisscom, a telecommunications provider in Switzerland, completed the acquisition of Vodafone Italy, an Italian telecommunications company, from Vodafone, a British multinational telecommunications company, for €8bn ($8.7bn). Swisscom (led by Christoph Aeschlimann) was advised by Evercore (led by Anil Rachwani), Sullivan & Cromwell (led by Craig Jones) and Barabino&Partners (led by Brambilla Alice). Vodafone (led by Margherita Della Valle) was advised by UBS, ADVANT Nctm, Hogan Lovells (led by Peter Watts), Linklaters (led by Annamaria Mangiaracina) and Slaughter and May (led by Victoria MacDuff and James Cook). #MergersAcquisitionsDivestitures #Telecommunications #Technology

Coventry Building Society, a building society based in Coventry, England, completed the acquisition of The Co-operative Bank plc, a provider of personal banking services, for £780m ($971m). You can submit deals you were involved with here: https://lnkd.in/d_Firwmh The Co-operative Bank (led by Nick Slape was advised by Fenchurch Advisory Partners (led by Kunal Gandhi),PJT Partners (led by Basil Geoghegan), Freshfields (led by Sundeep Kapila and Nick Jones), Paul Hastings and H/Advisors Maitland (led by Neil Bennett). Coventry Building Society (led by Steve Hughes) was advised by J.P. Morgan (led by Claire Brooksby), KPMG (led by Matthew Watkins), Addleshaw Goddard and Kekst CNC (led by Callum Laidlaw). #MergersAcquisitionsDivestitures #Banking #Finance