FT Due Diligence
How the buyout of Morrisons turned into a costly blunder
Beloved British grocer WM Morrisons' unencumbered property portfolio made it a top leveraged buyout target for some of the world's biggest banks. But as the FT’s Robert Smith explains, when market sentiment changed, the deal ended up costing them hundreds of millions of pounds.
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With businesses reassessing strategy more than ever before, private equity companies are profiting from the resulting growth in complex carve-outs
The pandemic has stalled activist investors, but for how long?
Activist investors have had a quiet year, thanks to Covid-19. Even a group of investors renowned for their aggressive tactics were reluctant to publicly attack companies reeling from the impact of a global pandemic.
ESG and the rise of sustainable dealmaking
Environmental, social and governance (ESG) issues are fast becoming a central part of how investors and companies are preparing for the future.
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In fairy tales, a crystal ball can be many things: it can reveal the future, but it can also be a malevolent charm.
Healthcare meets tech: fit for purpose
Increasing pressure on healthcare systems, massive tech growth and consumer-led demand are the perfect recipe for strong M&A activity in the emerging healthtech sector.
The transformational impact of tech
As technology continues to reshape large industrial companies, M&A activity in this sector is on the up. It brings with it a transformation of global workforces and a shift in national identities.
Green means go for a new era of finance
With growing pressure on businesses to incorporate ESG in dealmaking, green bonds are proving increasingly attractive. What does growth in this method of sustainable finance mean for the investment market?
Distress to Impress
With indicators pointing to the peak of the current financial cycle, an economic downturn could be imminent, bringing with it an uptick in distressed M&A activity.
The Occidental megadeal that didn’t go quite as planned
M&A is tough. Megadeals can be even tougher. That’s exactly what Vicki Hollub, CEO of Houston-based Occidental Petroleum, discovered with last year’s $55bn takeover of US shale oil producer Anadarko Petroleum.
M&A in the wake of Covid-19: strategies for a healthy business
Several months into this global pandemic and businesses are facing a pivotal moment. Government reinforcement from bailouts and support schemes has been quick to land, but despite this injection of liquidity, the global economy will shrink by 5.2 per cent
Small is beautiful: private equity adapts to the pandemic
Digital transformation driven by M&A: what are the legal implications?
Digital transformation driven by M&A: what are the legal implications?
Digital transformation driven by M&A: what are the legal implications?
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FT Due Diligence is a video channel analysing the fast-moving world of M&A, illuminating the trends behind the complex global transactions and how to unlock value from acquisition deals. The channel alternates between independent reporting from FT journalists and insight on global dealmaking from law firm Baker McKenzie.