Day: 5 July 2024

Evercore Exclusive: Advisory on Quest Diagnostics Acquisition of LifeLabs for $985m

Evercore, alongside CIBC Capital Markets, played a pivotal role as financial advisors in the recent acquisition deal where Quest Diagnostics agreed to purchase LifeLabs from OMERS for approximately CAN $1.35 billion (USD $985 million), including net debt. This strategic move by Quest,

EQT Exclusive: €1bn 35% Stake Acquisition in Flix SE

EQT, in collaboration with logistics magnate Klaus-Michael Kühne, has acquired a 35% stake in Flix SE, a leading German bus and train operator, for €1 billion. This strategic investment values Flix at over €3 billion and positions EQT and Kühne Holding AG as key long-term shareholders. The partnership leverages EQT’s Future

RBC Capital Markets: Introducing the New Co-Heads of European M&A

RBC Capital Markets has promoted two veteran dealmakers to lead its European M&A division, aiming to enhance its advisory services across the continent. Mark Rushton and Paul Betts,

Abrdn Exclusive: AI Tool for Investment Research Built With Edinburgh University

Abrdn has teamed up with the University of Edinburgh to develop a cutting-edge AI tool aimed at enhancing investment research. This collaboration brings together the expertise of the university’s informatics and mathematics departments to refine AI’s ability to analyze extensive data sets crucial for investment decisions. The tool, which features a