The 5 Biggest M&A Deals of 2020
Continuing our two-part series, here are the top M&As based on deal size. 1. Seven & I’s acquisition of Speedway ($21bn): The Japanese retail group that runs the 7-Eleven chain of stores, struck this all-cash deal to acquire Marathon Petroleum’s Speedway chain of gas stations and convenience stores. The deal will expand Seven & I’s coverage by 4000 stores across the US and Canada. The company outbid competitors by USD 4 billion, and the banks handling the M&A included JPMorgan, Barclays, Nomura, Credit Suisse, and Sumitomo Mitsui. 2. Maxim Integrated acquisition by Analog Devices ($21bn): Bank of America, JPMorgan, and Morgan Stanley handled the M&A. Maxim's specializes in the automotive and data center semi-conductors while Analog focuses on healthcare and industrial sector. 3. Livongo and Teledoc merger ($18.5bn): The digital health groups announced their bid to join forces for meeting the pandemic-fuelled demand for digital healthcare. The companies offer high-tech solutions for hypertension and diabetes. Lazard and Morgan Stanley advised the massive merger that was wrapped up within 3 months. Hit like if if you found this cheatsheet useful, and let us know in the comments which deal you’d like to learn in detail.
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