Category: Corporate Finance

Introduction Kering is a global Luxury group that manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewellery: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen. Acquisition On April 4th, the French luxury group Kering bought a prestigious retail block in Monte Napoleone’s street (Milan). The sale of the 18th century building amounted to 1.3 billion euros and belonged to Blackstone since 2021. Indeed, Keering declared that they remained focused on proactively managing its real estate portfolio with the short to medium term objective of retaining a stake in its prime assets alongside co-investors in dedicated vehicles. This investment is part of Kering’s selective real estate strategy, aimed at securing key highly desirable locations for its Houses. This is Italy’s biggest property deal, indeed the…

In December 2023, after the European Commission approved the acquisition in October 2023, one of the biggest pharmaceutical companies Pfizer Inc. (NYSE: PFE) acquired the global biotechnology company Seagen Inc. (NASDAQ: SGEN) to “Reimagining the Future of Cancer” after the completion of other closing transactions. Lately there’s been a rush from pharma companies to bring breakthroughs for the cure of cancer and Pfizer didn’t lag behind and made a significant investment with the world-leader in antibody-drug conjugates (ADCs) Seagen. The acquisition was set for $229 in cash per share, totalling around $43 billion. As the CEO Dr. Albert Bourla stated this appropriation will drive a notable growth and will contribute to achieve short- and long-term financial goals. Pfizer is quoted in the New York Stock Exchange, the latest update was…

ARM, a well-known semiconductor company, has experienced a substantial increase in its stock prices, attracting the attention of investors and industry observers. This article delves into the key factors contributing to ARM's exceptional stock increase, underlying the primary numerical indicators that underpin its recent success in early 2024.  ARM  ARM, founded in 1990 and headquartered in Cambridge, United Kingdom, is a leading designer of advanced microprocessors and related artificial intelligence (AI) properties. The innovative design, approach and technological advantages have ranked ARM in the global semiconductor industry.  Primary products of ARM ARM company products are used in a variety of devices, some of which are smartphones, tablets, systems and Internet of Things (IoT) devices. One of the primary products and architectures, developed by ARM corporation include Cortex-A, Cortex-R and Cortex-M…

Scooter sharing in Milan In the city of Milan, the scooter sharing service has been active since 2015 with 100% electric vehicles. Indeed, the municipality of Milan carried out a “Safety2Share” awareness campaign. This project aims to raise awareness and increase the safety of motorcycle sharing. It is made up several rules that regulates the usage of these vehicles to plummet risks. Actually, the scooter sharing service offers plenty of advantages to commuters. The five main advantages are: There are no purchase and maintenance costs There are no stamp duty costs and insurance policies Solves the parking problems since takes less space and no garages are needed The scooters are electric and can enter freely in Area B and C You pay fees for actual usage Therefore, for this type…

Introduction CVC Capital Partners is a global investment business which manages assets of over 177 billion euros and operates in a number of different industries throughout Europe, Asia, and the Americas. CvC is known for generating long-term value, by buying large shares in businesses with the goal of improving their performances and achieving successful exits. They have a wide range of investments in consumer products, healthcare, technology, and other areas. The well-known Italian restaurant chain "La Piadineria" which has 400 locations, is one of the largest acquisitions made by CVC. “La Piadineria”, which has been owned by Permira since 2018, saw a huge growth during the Covid-19 pandemic and rose to the top of the fast-casual food industry, having more than 70,000 people per day. The company effectively increased its…

Take a look at the latest company report created by the Corporate Finance division about Novo Nordisk! NovoNordisk_Report_CattolicaInvestmentClubDownload Authors: Gianluigi Pezone, Gian Carlo Sari, Iva Jelisavcic, Maelyne Frydman, Giorgia Mentasti and Manfredi Bernardi

Moody’s, Standard & Poor, and Fitch are credit ranking agencies that assesses the creditworthiness of various entities, including countries and banks.  The creditworthiness of an entity, whether this is a bank or a country, refers to its ability to meet financial obligations, particularly with reference to repayment of borrowed money. It can be simplified as an assessment of the l entity’s likelihood of returning the money it owes.  Agencies like Moody’s, Fitch and S&P assess creditworthiness. These evaluate a country’s economic and financial situation, including factors like its GDP, fiscal policies and political stability and mainly government debt. Their credit rating reflects the risk associated with lending money to a country. The higher the credit ranking, the lower the risk of default. This makes it more likely that the country…

NVIDIA: Qualitative description NVIDIA Corporation, headquartered in Santa Clara, California, is a leading technology company specializing in the design and manufacture of graphics processing units (GPUs), as well as system-on-a-chip units for mobile computing and automotive applications.  Founded in 1993, NVIDIA operates in various segments, including Gaming, Professional Visualization, Data Center, and Automotive. Its mayor institutional investors, in order, are Vanguard Group Inc (203mln shares), Blackrock Inc (180mln shares) and FMR (129mln shares). In the fiscal year 2022, NVIDIA reported a total revenue of $26.97B (Y/Y % 0,22%).  The company achieved an impressive EBITDA margin of 21.38%, showcasing efficient cost management and profitability. The Gaming and Data Center segments were major contributors to revenue, with Gaming accounting for 49% and Data Center contributing 41%. NVIDIA has established itself as a…

An option, in finance, is a contract between two parties that gives the buyer the possibility, but not the obligation, to buy or sell an underlying asset at a specific price on a future date. The underlying asset can be of different types, some examples are: Equity Forex Commodities Bond Index The specific price at which the buyer has the right to buy or sell the underlying asset is called "strike price." (K). There are two main types of options: 1. Call Option: A call option gives the buyer the possibility to buy the underlying asset at the strike price at a future date. This type of option is preferred if you have upward expectations of the underlying security. 2. Put Option: A put option gives the buyer the possibility…