Browsing Tag
Citi
50 posts
USI nearly tripled revenue under KKR, but Aon is paying 14.5 times synergised EBITDA for the next stage
Aon is paying $17 billion for privately held USI Insurance Services only two years after its $13 billion NFP acquisition. The transaction gives KKR a sixfold return on its original 2017 equity, but Aon’s 9.5% share-price fall shows investors are focusing just as closely on leverage, a 14.5-times synergised EBITDA multiple and the cost of integrating another major insurance brokerage.
September 1, 2026
Ant International’s Falcon 2.0 posts strong forecasting results, but the bigger test begins inside bank treasury desks
Ant International is taking Falcon 2.0 from time-series research into bank treasury and foreign-exchange forecasting, where measurable cost savings rather than benchmark rankings will determine the model’s commercial value.
August 20, 2026
KKR takes Integer private for $5.7bn as device manufacturing growth slows
KKR’s $5.7 billion Integer deal offers a 52% premium as weaker near-term device sales contrast with durable manufacturing demand.
August 3, 2026
Is Atkore the missing piece in Prysmian’s North American expansion strategy?
Prysmian is reportedly in advanced discussions to acquire Atkore, a transaction that could extend its United States electrical infrastructure strategy beyond cables while raising important questions about valuation, financing and regulatory scrutiny.
August 3, 2026
Utz Brands (NYSE: UTZ) agrees to $2.9bn take-private by Intersnack Group
Intersnack to take Utz Brands private at $14.25 cash in a $2.9B deal, a 91% premium to Monday's close, with the Rice and Lissette Family rolling to 50% ownership.
July 21, 2026
Qorvo (NASDAQ: QRVO) signs worldwide distribution pact with Rochester Electronics on defense RF
Qorvo (NASDAQ: QRVO) signs Rochester Electronics deal for long-term RF supply, deepening its defense positioning before the Skyworks merger closes in 2027.
July 14, 2026
Saab (STO: SAAB B) surges as NATO selects GlobalEye for AWACS replacement in $4.5bn joint procurement
Saab AB shares surge as NATO selects GlobalEye for $4.5 billion AWACS replacement, up to 10 aircraft in joint procurement. Read the full analysis.
July 7, 2026
Why Comcast (CMCSA) finally split: inside the NBCUniversal and Sky spinoff
Comcast (CMCSA) splits in two: NBCUniversal and Sky to spin off into a separate public company under Cavanagh; Angelakis returns as Comcast CEO. Read inside.
June 30, 2026
Julie Sweet maps the AI transformation reset at Accenture as $ACN drops 17% and dividend yield rises above 5%
Accenture ($ACN) Q3 FY26 beats on EPS but stock falls 17 per cent to 52-week low. Full executive analysis on guidance cut, $9B M&A push, and IT services impact.
June 19, 2026
What TTM Technologies’ European move reveals about the next PCB supply-chain battleground
Find out how TTM Technologies’ European PCB acquisitions could affect TTMI stock, advanced electronics and medical and defense supply chains today!
June 18, 2026