Investment Banking Social Media and Updates
Investment Banking Social Media and Updates
Having IPO-ed only 6½ years and with a tiny free float, Saudi Aramco announces what effectively is a partial re-nationalisation with a share buyback of up to $3 billion over the next 18 months. That’s going to buy-back ~10% of the amount Aramco raised in the 2019 IPO. https://t.co/PqToDfprpJ
The acquisition math nobody shows you: Buy at 3–5x earnings Sell at 8–12x earnings 10 businesses × $500K profit = $5M EBITDA $5M EBITDA × 10x = $50M exit Businesses you paid nothing for Funded by the cash flow they already produced This is the game. Learn...
.@EchoStar's Ergen on $1 trillion+ @SpaceX IPO valuation: 'No amount is crazy here.' @HughesConnects subsidiary has $1.4B in debt due in Aug. EchoStar noncommital on paying it. @NSIL_India wants $117M in Hughes compensation for scrapping sat capacity deal. https://t.co/SLW1OgmkVx https://t.co/73JNfEGG6Z
"Golub Capital will act as sole administrative agent and joint lead arranger on the financing. Ares Credit funds and MidCap Financial will also act as joint lead arrangers on the financing." Should we be marking the private credit loans to Jiffy...
The question isn’t what the Ellisons will do with Paramount and WBD, but who will acquire those assets at fire-sale prices when their AI synergy narrative can no longer provide cloud cover for their pair of overleveraged legacy media companies.
$DSX isn’t giving up on acquiring $GNK - New bid at $23.50/shr (~14% above the rejected offer) - Spread ~7% - DSX (owns 14.5%) brought in $SBLK as a deal partner - Might be interesting at these levels - But keep in mind management...
IS THE CREDIT BUBBLE HERE? Record Corporate Debt Explained | Trading Zone Ep. 94 https://t.co/saPNeSSafk
Feb. 4: "The IPO window is wide open, but it can slam shut quickly." https://t.co/ojxYOaYx7R
Today's M&A and SPAC notes $TALK to be acquired by $UHS for $5.25 cash per share, 10.3% premium, $835 million $PLMK announced a business combination with Controlled Thermal Resources $ALIS announced a business combination with GoodVision https://t.co/m3Y3HvkUbt
When the Trump administration canned DOJ antitrust chief Gail Slater, we wrote that all eyes should be on the Live Nation/Ticketmaster case -- watching to see if her ouster paved the way for a settlement. Today: Settlement.
Monday March 9th Hong Kong IPO debuts: • Shenzhen Zhaowei Machinery & Electronics: ⬆️ 4% • Estun Automation: ⬇️ 14% • Alsco Pooling Service: ⬇️ 40%
RM11B Sunway-IJM Takeover: The Great GLC Standoff The Employees Provident Fund (EPF) and major institutional shareholders are officially in a holding pattern, freezing an RM11 billion power shift as the Independent Advice Circular faces strategic delays. This regulatory bottleneck creates a...
Four Loko may be sold for $400M. Phusion Brands is exploring a sale of the Four Loko brand as the ready-to-drink category significantly outperforms beer, wine, and spirits by almost 15%. Four Loko launched in 2005 and took college campuses by storm...
$DMYY $HQ Looking forward to joining the IPO Edge fireside chat this Monday, March 9 at 1:15pm ET, alongside Harry You and Greg Gould, our CFO, to discuss Horizon Quantum’s current journey to becoming a public company. https://t.co/F5hYGF2BTl
Calgary-based tech unicorn CoolIT is speculated to be for sale for more than $3 billion. All of this value creation from this Canadian business will go to the U.S. (KKR) and Abu Dhabi (Mubadala). Sadly, this is par for the course for...
Balyasny has built an AI agent called Merger Arbitrage Superforecaster, with GPT‑5.4 as its reasoning engine. Merger arbitrage is one segment of investing that greatly benefits from AI. https://t.co/kQPsOW5Ww3
The thing is, the current secondary market prices of liquid private credit vehicles (BDCs) are implying a default rate north of 20%, far in excess of anything experienced during the GFC and greater than UBS’s draconian “worst case” scenario
A SPAC CEO was caught with her hand in the cookie jar, taking money from the working capital account that she was not authorized to. When the board requested she repay the funds, she refused. While the stolen funds are a fraction...
We spend a lot of time at Vista Point walking founders through the considerations around WHEN to pursue a liquidity event. While external factors like the state of your vertical market are certainly important to consider, the first and foremost...
Despite the bear market in private credit, negative press, and poor performance of some BlackRock funds, the quarterly redemption requests for its non-traded BDC came in below the 5% cap. https://t.co/36ABXJ1FCK
The year's most important IPO isn't for SpaceX or OpenAI. It would be for the parent company of Dunkin' (do I need SpaceX or OpenAI every day? nope. but my iced coffee is a nonnegotiable) https://t.co/6kXbsBReYh
Oof. Only IPO of the week falls way short of expectations. MiniMed priced at $20 per share, versus $25-$28 range.
SCOOP: AXEL Springer to buy Telegraph, gate crashing an earlier deal RedBird IMI had with the Daily Mail. With dream team @DanielThomasLDN @ArashMassoudi https://t.co/JXU4G9iMuj
Terminal values are themselves short-hands for DCFs. This is because a terminal value is essentially a multiple. And a multiple is a short-cut for a DCF. More in the memo below 👇
Believe it or not but @chamath's current SPAC, $AEXA, trades at the highest NAV premium of all pre-deal SPACs (by a long shot). $AEXA trades at a 10.5% premium to NAV, while the next highest valued are below a 2.5% premium. Despite...
There are businesses generating $600K profit right now with owners who: • Haven’t had a holiday in 3 years • Have no succession plan • Would seller-finance the whole deal just to escape You just need to know how to find them and what...
My Final Decision for All IPO : Avoid ❌ So, Out of 8 IPO - I personally asked to avoid all 8 IPO 🥲 It was best decision as per market conditions and situation. 🔴 Because, all of these IPO listed -ve @champ_trader
“The firms are using repo-like loans from one particular investment bank to mask debt, the letter says.” https://t.co/YLQH5cPi6f
The Goldman banker was smart enough not to let them print that he works there. The Barclays banker though... https://t.co/XQUyhDbCNS
✍️ Longform links: a look at a potential SpaceX IPO, the long-term health impacts of Covid, and how the iPod changed our relationship with music. https://t.co/6bSrheJuzD image: https://t.co/vMSvzVUcJK https://t.co/8bTwTklNAR
Not sure why the write-down of a $20 million loan that was disclosed nearly two months ago is news but here we are https://t.co/lfuuXrqdYg
Pasqal / Bleichroeder Acquisition II deal overview Quantum computing company $2.0 billion enterprise value Closing H2 2026 PR: https://t.co/Y8kjd8LJdO IR deck: https://t.co/27uxUkWA9t Disclosure: Long $BBCQ shares + warrants in $ARB.to https://t.co/EfgkoWpFiI
Who Should Acquire PayPal? 5 Potential Acquirers Nobody’s Talking About PayPal is now considered to be a prime acquisition target. Who besides Stripe would be a good acquirer? Here are 5 potential candidates. Try to keep an open mind. https://t.co/rrD4BdDrG8
SpaceX provably has revenues of less than $20bn and loses money after the merger with xAI, but is targeting a $1.75 TRILLION IPO. So FTAV explored how Musk might try to pull off what could be the biggest bagholder operation...
Nah. It was cut-and-dried law. He signed the deal and chose not to do the due diligence.
The Extinction of Private Equity? My latest memo on the potential of AI to disrupt the software industry and its effect on private equity: https://t.co/GMi44JG2PQ https://t.co/oZYyMnfppx
Selling your business may be the best way to help it grow. Hear what Smita Bakshi, co-founder of zyBooks, has to say on the matter: https://lnkd.in/efcrW6dN #mergersandacquisitions #startupexits #investmentbanking #saasfounders #software #saas #tech #founders #pathtoexit
There are so many financial games being played that we don't even know exist. There's a scene in Batman where they take over the trading floor and one of the traders says "there's no money here that you can steal" Bane replies...
Major narrative violation but a private equity-owned SaaS company, financed by *gasp* private credit, is rapidly building out its AI capabilities. https://t.co/DOGvFQyXdN
No wonder direct lending to software buyouts was so popular. Out of 300+ loans that Blue Owl has made since inception, only one has defaulted. That one loan was to finance Vista Equity's $3.5 billion buyout of Pluralsight in 2021. Blue Owl...
Sale followed by a large capital return - Co selling its entire OpCo while returning 90% of the proceeds to shareholders - Distributions alone exceed the co's current mcap - Plus you get a RemainCo with meaningful net cash and a small growth...
Allocators are funding a logical switch trade: Redeeming BCRED at NAV to buy $BXSL at an -11% discount to NAV. Look for this dynamic to occur between every other private credit fund with both a non-traded and listed BDC.
How much of your business do you want to sell? Should you pursue a minority, majority, or full sale transaction? Founders looking to exit or raise capital have to decide which is the best path to achieve your goals, both...
A slide from the $VITL December 2025 Investor Day, which ranked capital returns as their lowest investment priority; two months later, announced a $100 million repurchase authorization, which would require debt issuance. https://t.co/IAg2QWKbrE
Paramount’s $110 Billion Warner Bros. Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns https://t.co/YAzJc52Fgq
Toyota Fudosan (6201 JP) “The increase in the tender offer price is something of a win for stewardship as Elliott made a fair bit of money for its clients... But it’s not necessarily a big win for governance.” https://t.co/QEBKuTMAj4
it’s your promotion year at Blackstone and Jon Gray calls and asks if you wanna buy some SaaS loans at 98 cents: https://t.co/7xdf7c8YNt https://t.co/CvnV13BVpL
Databricks today disclosed audited GAAP financials. That's the sort of thing a company does when it's prepping to go public.
*ELON MUSK'S X, XAI PLAN TO PAY BACK $17.5 BILLION OF DEBT Looks like private credit* is good again *actually BSL but the media gets it wrong all the time so who cares
Good time to file a Form D that you don't want seen, since the system has been returning "file not found" all day.
