The Motley Fool

MAY 17, 2024

First, 3M saddled Solventum with debt to shore up the balance sheet of the former as it faces multibillion-dollar legal settlements. Wall Street expects Solventum to end the year with $7 billion in net debt, and servicing the interest on the debt is eating into FCF. In 2020, 3M sold the majority of its drug delivery business.

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The Motley Fool

NOVEMBER 26, 2023

The company first bought shares in Q3 2020, cut the position in 2021, then began building it up again in Q3 2021. million 2/16/2021 12/31/2020 0 11/16/2020 9/30/2020 Data source: Berkshire Hathaway SEC Filings. million 2/16/2021 12/31/2020 0 11/16/2020 9/30/2020 Data source: Berkshire Hathaway SEC Filings.

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Mergers and Acquisitions Banks Leveraging Debt 240

The Motley Fool

OCTOBER 6, 2024

Unlike AT&T and Verizon , which expanded their wireless networks to reduce their dependence on wireline connections, Lumen shunned the wireless market and expanded its wireline business through a series of mergers and acquisitions. billion in long-term debt and a staggering debt-to-equity ratio of 70. billion in 2024.

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The Motley Fool

AUGUST 23, 2024

After acquiring just over 2,000 properties from the merger with Spirit Realty, Realty Income's property portfolio has grown to around 15,500 properties. Assuming the lower interest rates allow Realty Income to refinance debt or fund more projects and acquisitions, lower rates should help boost profits.

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Mergers and Acquisitions Bidding Prospects Depreciation 246

The Motley Fool

JUNE 16, 2023

Energy Transfer, on the other hand, cut its distribution in half in 2020 as the energy industry faced difficult times during the early days of the pandemic. For example, its ratio of debt to EBITDA ( earnings before interest, taxes, depreciation, and amortization ) is generally among the lowest of its closest peer group.

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Mergers and Acquisitions Debt Amortization Depreciation 246

The Motley Fool

NOVEMBER 30, 2023

Opendoor (NASDAQ: OPEN) seemed like a promising growth stock when it went public by merging with a special purpose acquisition company (SPAC) in Dec. In 2020, the pandemic caused its home sales to grind to a halt. Metric 2020 2021 2022 9M 2023 Revenue $2.6 But its high debt-to-equity ratio of 2.9, billion $8.0 billion $6.1

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The Motley Fool

AUGUST 24, 2023

That all came to a head in 2020 when deteriorating market conditions during the pandemic left the midstream company with no choice other than to slash its distribution so it could retain additional cash to shore up its finances. The acquisition will enhance Energy Transfer's ability to pay distributions. billion all-equity deal.

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Mergers and Acquisitions Leveraging Debt Finance 246

The Motley Fool

SEPTEMBER 4, 2024

after it went public by merging with a special purpose acquisition company ( SPAC ) in December 2020 and reached its record high of $35.88 Metric 2020 2021 2022 2023 Revenue $2.6 Metric 2020 2021 2022 2023 Revenue $2.6 Opendoor (NASDAQ: OPEN) has been a tough stock to own over the past few years. billion $8.0 billion $15.6

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Mergers and Acquisitions Enterprise Values Amortization Depreciation 242

The Motley Fool

DECEMBER 26, 2023

Those rate hikes put a damper on markets, and companies have been hesitant to issue debt amid uncertainty about where rates will go from here. Debt issuance dropped off significantly last year When inflation first began to pick up in 2021, the Fed was slow to respond. Debt issuances by companies plummeted, and Moody's felt the impact.

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Mergers and Acquisitions Debt Banks Funds 242

The Motley Fool

SEPTEMBER 20, 2024

The maker of electric semi-trucks was a red-hot stock during the buying frenzy in speculative stocks in 2020, but it ran out of juice after it missed its production forecasts. Therefore, Nikola could need to take on a lot more debt and keep diluting its shares to stay solvent. What happened to Nikola over the past three years?

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Mergers and Acquisitions Amortization Depreciation Earnings Before Interest 246

The Motley Fool

SEPTEMBER 21, 2023

A challenging past and present Nikola hit public markets through a reverse merger with a special purpose acquisition company (SPAC) in June 2020. million in cash on its balance sheet, Nikola must raise external capital (issuing debt or new shares) to maintain operations. With just $226.7 billion to raise capital.

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Mergers and Acquisitions Shareholders Prospects Debt 246

The Motley Fool

AUGUST 29, 2023

Many electric vehicle (EV) start-ups went public by merging with special purpose acquisition companies (SPACs) in 2020. One of those fallen EV stocks is Canoo (NASDAQ: GOEV) , which dropped from its pre-merger high of $22 per share on Dec. 10, 2020 to its current price of about $0.64. Army, and NASA for testing purposes.

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Mergers and Acquisitions Liabilities Debt Investors 243

The Motley Fool

MARCH 6, 2024

The COVID-19 crash of 2020, irrational exuberance of 2021, bear market of 2022, and rip-roaring bull market over the past year and change, have whipsawed investors and their emotions. Discovery that are lugging around a sizable amount of debt. billion in free cash flow and reduced its net debt by $5.4 Warner Bros.

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The Motley Fool

JUNE 22, 2024

But UPS said that it will rely on organic growth and acquisitions to drive the segment -- putting pressure on the company's ability to execute. They have announced splashy mergers and acquisitions (M&A) in the pursuit of boosting cash flow to accelerate growth and their capital return programs.

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The Motley Fool

JANUARY 30, 2024

In fact, if you look back through the company's short history (it went public through a merger with a special purpose acquisition company in December 2020), the third quarter of 2023 was the first time it generated any revenue at all. Image source: Getty Images. This isn't a maybe. It's a certainty. million.

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The Motley Fool

JUNE 28, 2023

Lucid Group (NASDAQ: LCID) and Canoo (NASDAQ: GOEV) are both electric vehicle (EV) makers that went public by merging with special purpose acquisition companies (SPACs). Canoo, which closed its merger in December 2020, predicted it would generate $329 million in revenue in 2022 by selling 10,000 vehicles.

Mergers and Acquisitions 246

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The Motley Fool

SEPTEMBER 8, 2023

Nikola (NASDAQ: NKLA) initially impressed the bulls when it went public by merging with a special purpose acquisition company (SPAC) on June 3, 2020. Instead, it was being valued based entirely on the ambitious production targets it set during its pre-merger presentation in March 2020. just six trading sessions later.

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The Motley Fool

SEPTEMBER 18, 2023

SoundHound AI (NASDAQ: SOUN) went public by merging with a special-purpose acquisition company (SPAC) on April 28, 2022. During its pre-merger presentation, SoundHound predicted that its revenue would rise from $13 million in 2020 to $20 million in 2021, and then grow to $28 million in 2022. Can SoundHound maintain its momentum?

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Mergers and Acquisitions Enterprise Values Amortization Depreciation 263

The Motley Fool

APRIL 27, 2024

QuantumScape (NYSE: QS) , a maker of solid-state batteries for electric vehicles (EVs), initially attracted a stampede of bulls when it went public by merging with a special purpose acquisition company (SPAC) in November 2020. Its low debt-to-equity ratio of 0.2 The combined company's stock opened at $24.80

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Mergers and Acquisitions Enterprise Values Debt Returns 246

The Motley Fool

FEBRUARY 5, 2024

Diageo stock trades at a valuation it hasn't seen since 2012 (even including the crash in March 2020). Thanks to this divergence between the company's declining share price and its steady business growth, investors may have an opportunity to buy the adult beverage juggernaut at a deep discount. dividend yield.

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Mergers and Acquisitions Capital Return On Investment Portfolios 244

The Motley Fool

FEBRUARY 21, 2024

billion merger with Spirit Realty Capital in an all-stock transaction in October, which closed subsequent to year-end on January 23rd. And importantly, together with the Spirit merger, set us up to deliver a compelling earnings growth backdrop in 2024. Third, and in addition to the achievements noted above, we also announced the $9.3

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The Motley Fool

FEBRUARY 11, 2024

But when you consider the performance of the broader industry, how the oil and gas industry crashed in 2015 and then again in 2020, and the outperformance by big tech stocks to carry the S&P 500, Chevron's 107.5% The first is to increase earnings through organic growth, cost reductions, mergers and acquisitions, and the like.

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Mergers and Acquisitions Debt Portfolios Assets 246

The Motley Fool

OCTOBER 11, 2024

In its August investor presentation, management said it had no debt on its balance sheet and a cash balance of $895 million. But given the recent acquisition, it might not issue another special dividend until 2026. Exxon's merger with Pioneer Natural Resources boosted its Permian output to 1.3

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Mergers and Acquisitions Assets Leveraging Taxes 246

The Motley Fool

OCTOBER 31, 2024

Joby Aviation (NYSE: JOBY) , a developer of electric vertical take off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) on Aug. Like many other SPAC-backed start-ups, Joby disappointed its early investors by missing its own pre-merger estimates by a mile.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Debt Investors 246

The Motley Fool

OCTOBER 31, 2024

When Lucid (NASDAQ: LCID) went public by merging with a special purpose acquisition company (SPAC) three years ago, some bullish investors believed the luxury electric vehicle maker could become the next Tesla (NASDAQ: TSLA). Lucid's stock soared to a post-merger high of $55.52 16, 2021, and boosted its market cap to $91.4

Mergers and Acquisitions 244

Mergers and Acquisitions Debt Funds Investors 244

The Motley Fool

SEPTEMBER 23, 2024

Emphasizing this point, during the 2008 financial crisis, the industrial slowdown in 2015, and the pandemic in 2020, Rollins delivered sales growth of 6%, 6%, and 12%. Comparing Rollins' profitability to its debt and equity, this high ROIC shows that the company is a masterful acquirer.

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Mergers and Acquisitions Initial Public Offering Returns Debt 246

The Motley Fool

NOVEMBER 9, 2024

In August 2020, Salesforce replaced ExxonMobil in the Dow. A company can pay down debt or keep excess earnings in cash and cash equivalents or marketable securities. It can engage in mergers and acquisitions (M&A), and companies can pour money back into the business to drive organic growth.

Mergers and Acquisitions 246

Mergers and Acquisitions Shareholders Capital Prospects 246

The Motley Fool

JANUARY 16, 2024

In Devon Energy's third-quarter 2023 earnings presentation, management projected that the company will allocate 30% of its 2024 free cash flow to retiring debt and strengthening its balance sheet. Part of the reason is that ConocoPhillips completed its acquisition of Concho Resources in January 2021.

Investors 246

Investors Mergers and Acquisitions Hedge Funds Shareholders 246

Private Equity Professional

JANUARY 8, 2025

BlackRock made headlines in late 2024 through the firms acquisition of HPS Investment Partners , backed by their expectation that the private debt market will more than double to $4.5 2] While BlackRocks acquisition dominated the news cycle, other firms have already made it their prerogative to jump into the private credit pool.

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Mergers and Acquisitions Finance Financing Banks 100

The Motley Fool

APRIL 5, 2024

Capital discipline ConocoPhillips has a track record of making timely acquisitions and not getting too caught up in whatever its peers are doing. In January 2021 it completed its acquisition of Concho Resources when the industry was still recovering from a downturn. The company's regimented approach leads to lasting financial health.

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Mergers and Acquisitions Debt Shareholders Leveraging 130

Private Equity Wire

MARCH 1, 2024

Park Square first invested in the company in 2010 through the acquisition of Terreal’s bank debt in the secondary market.

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Mergers and Acquisitions Capital Debt Banks 98

The Motley Fool

APRIL 10, 2024

Its debt-to-equity ratio spiked above 0.40 in 2020 -- which isn't terribly high -- and then quickly fell as the industry recovered. And since Devon hasn't made a big acquisition, buying back stock could be a good use of capital. But we'll just have to wait and see how the company wants to allocate capital post-merger.

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Mergers and Acquisitions Shareholders Capital Debt 130

The Motley Fool

AUGUST 18, 2024

MTY Food Group: A serial acquirer MTY Food Group has made 50 acquisitions since 1999, including 27 over the last decade. While companies that rely upon megamergers or one-off jumbo acquisitions to fuel their growth often disappoint, serial acquirers like MTY often prove to be outperforming propositions. percentage points.

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Mergers and Acquisitions Enterprise Values Debt Amortization 130

The Motley Fool

NOVEMBER 1, 2024

SoFi Technologies (NASDAQ: SOFI) , a provider of online financial services, went public by merging with a special purpose acquisition company ( SPAC ) on June 1, 2021. Like many other SPAC-backed start-ups, SoFi lost its luster after it missed its own ambitious pre-merger forecasts. million at the end of 2020 to 8.77

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Mergers and Acquisitions Banks Financial Services Amortization 130

The Motley Fool

DECEMBER 11, 2023

The macro headwinds also throttled the growth of its enterprise-facing services, while its widening losses and soaring debt forced it to eliminate its dividend last November. Metric 2020 2021 2022 2023 (Forecast) Total revenue $20.7 billion in long-term debt and just $311 million in cash and equivalents. billion $19.7

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Mergers and Acquisitions Debt Enterprise Values Leveraging 130

The Motley Fool

JANUARY 3, 2025

Chevron's debt-to-equity ratio is near its lowest level in a decade, so the company is plenty prepared for the next downturn in the energy markets. Archrival ExxonMobil has sued to block the merger, arguing it has preexisting rights due to a joint venture with Hess and another company. Additionally, the stock yields a generous 4.5%

Mergers and Acquisitions 130

Mergers and Acquisitions Banks Leveraging Assets 130

The Motley Fool

APRIL 18, 2024

Despite lots of anticipation that a deal would close, JetBlue announced last month that it wasn't going to follow through with the acquisition of Spirit. Poor financial situation The entire airline industry was decimated in 2020 when the pandemic started. Making matters worse, the company is saddled with a ridiculous amount of debt.

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Mergers and Acquisitions Debt Returns Investors 130