Day: 29 July 2024

Rothschild & Co Exclusive: Advisory on Snam’s €560m Acquisition of Edison Stoccaggio

Rothschild & Co orchestrated a pivotal deal where Edison sold its gas storage arm, Edison Stoccaggio, to Snam for approximately €560 million. This strategic divestiture is part of Edison’s broader initiative to pivot towards renewable energy and reduce carbon emissions. Snam, a leader in Italy’s

Bank of America, BMO Capital Markets: Advisory on Casey’s General Stores’ Acquisition of Fikes Wholesale

Bank of America, acting through its BofA Securities division, served as the financial advisor to Fikes Wholesale in a significant transaction where Casey’s General Stores acquired Fikes, the owner of CEFCO Convenience Stores, for $1.145 billion. This all-cash deal, inclusive of

Blackstone Exclusive: Behind The $125bn in Prospective Data Center Pipelines

Blackstone is spearheading a massive expansion in data center projects, with future developments valued at over $70 billion, in addition to their existing $55 billion portfolio. During a recent earnings call, CEO Stephen Schwarzman compared the AI revolution to the transformative era following Thomas Edison’s invention of the light bulb. He emphasized the profound impact

Apollo Global Management: $6.3bn Acquisition of Everi and IGT’s Gaming & Digital Business

Apollo Global Management, Inc. (Apollo) has orchestrated a pivotal $6.3 billion all-cash acquisition, bringing International Game Technology’s (IGT) Gaming and Digital business and Everi Holdings Inc. under its umbrella. This strategic move consolidates both entities into a new holding company managed by Apollo’s funds. Under the agreement, Everi shareholders

Morgan Stanley: Introducing the New Deputy Head of European Dealmaking

Morgan Stanley has appointed Martin Grebner as the new Deputy Head of Investment Banking for Europe, the Middle East, and Africa. This announcement follows the upcoming relocation of David Kitterick to New York, where he will co-head the global biopharma sector alongside London-based Cailin McGurk. Kitterick’s move is part of