The Motley Fool

AUGUST 24, 2023

Energy Transfer has since reduced its leverage ratio to its target range of 4 to 4.5 On top of that, its already-substantial cash flows should rise in the future as the company completes expansion projects and makes value-enhancing acquisitions. The acquisition will enhance Energy Transfer's ability to pay distributions.

Mergers and Acquisitions 246

Mergers and Acquisitions Leveraging Debt Financing 246

The Motley Fool

MARCH 25, 2024

BigBear.ai (NYSE: BBAI) went public by merging with a special purpose acquisition (SPAC) company on Dec. went public, it provided some ambitious growth targets in its pre-merger presentation. BigBear.ai's prospects sounded promising, but it broadly missed its rosy pre-merger targets. and climbed to an all-time high of $16.12

Mergers and Acquisitions 242

Mergers and Acquisitions Investing Enterprise Values Amortization 242

The Motley Fool

JANUARY 5, 2024

The company specializes in an instrument called venture debt -- or loans made at high interest rates. For this reason, once the start-up reaches a maturity point generating consistent cash flow, it may seek out alternative financing options like debt. Hercules Capital: 11.5% Horizon Technology Finance: 9.9%

Mergers and Acquisitions 246

Mergers and Acquisitions Leveraged Buyouts Due Diligence Portfolios 246

The Motley Fool

AUGUST 20, 2024

times leverage ratio. billion of 30-year notes at a 5.55% rate, allowing it to refinance maturing debt and fund expansion projects. Acquisitions are another big driver of distribution growth for Enterprise. The company has a long history of making accretive deals, from large-scale corporate mergers to asset acquisitions.

Mergers and Acquisitions 246

Mergers and Acquisitions Initial Public Offering Stakes Taxes 246

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.

Mergers and Acquisitions 245

Mergers and Acquisitions Investing Leveraging Debt 245

The Motley Fool

JANUARY 10, 2024

After its 2022 merger with Kirkland Lake Gold and its acquisition of Yamana's Canadian assets, Agnico has emerged as a leading producer of gold -- and profits. in net debt to earnings before interest, taxes, depreciation, and amortization ( EBITDA ). Currently, investors can grab shares of Agnico Eagle from the bargain bin.

Mergers and Acquisitions 243

Mergers and Acquisitions Debt Amortization Depreciation 243

The Motley Fool

JULY 1, 2023

Why Activision and Adobe shareholders might not want their company's proposed acquisitions to go through. Dylan Lewis: After the break, we've got the latest on regulators kicking the tires on major acquisitions. I want to start with Adobe and its planned 20 billion-dollar acquisition of design tool Figma. Dividend Equity ETF.

Banks 243

Banks Mergers and Acquisitions Debt Capital 243

The Motley Fool

JUNE 16, 2023

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. Acquisitions are partly to blame for that trend, but investors need to understand that leverage increases risk. That isn't the only thing to consider.

Mergers and Acquisitions 246

Mergers and Acquisitions Debt Amortization Depreciation 246

The Motley Fool

JULY 28, 2023

Earlier this week, shares of iRobot plunged after Amazon announced the two companies have agreed to amend the terms of their merger to reduce the price Amazon will pay -- specifically, to $51.75 billion merger announcement almost a year ago. billion merger announcement almost a year ago. per share from $61 per share previously.

Mergers and Acquisitions 130

Mergers and Acquisitions Investors Leveraging Finance 130

The Motley Fool

AUGUST 6, 2023

The logic behind the spinoff was that it would unlock shareholder value and allow each company to more easily pursue mergers and acquisitions (M&A), allocate capital, and compensate employees as a pure play focused on one industry. Today, GXO stock is trading nearly flat to where it was when the company first went public.

Mergers and Acquisitions 237

Mergers and Acquisitions Amortization Depreciation Earnings Before Interest 237

The Motley Fool

NOVEMBER 26, 2023

Chevron's strong cash flow and balance sheet mean it isn't reliant on debt financing, so it isn't as affected by high-interest rates. In late October, Chevron announced the $53 million all-stock merger with exploration and production company, Hess. Chevron can afford the deal without overly leveraging itself.

Mergers and Acquisitions 240

Mergers and Acquisitions Banks Leveraging Debt 240

The Motley Fool

JANUARY 5, 2024

The merger wave in the oil patch is continuing in 2024. That acquisition will enhance APA's scale in the resource-rich Permian Basin. Here's a look at the latest oil stock merger and what it means for investors. billion, including the assumption of debt. billion (including the assumption of debt).

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Bidding Debt 130

The Motley Fool

AUGUST 31, 2024

It's making two acquisitions to enhance its footprint, cash flow, and ability to return cash to investors. After closing the deal for GIP's interest in EnLink, Oneok plans to pursue the acquisition of EnLink's publicly traded shares in a tax-free transaction (i.e., a stock-based acquisition). EnLink currently has a $12.3

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Leveraging Stakes 130

The Motley Fool

NOVEMBER 8, 2024

billion indirectly through share repurchases, all while reducing debt 35%. And we continue to improve our capital efficiency by leveraging technology and innovation across both our foundational and emerging assets. And it reflects our confidence in the increasing capital efficiency of our business going forward.

Debt 130

Debt Shareholders Leveraging Capital 130

The Motley Fool

DECEMBER 6, 2023

According to financial analytics firm Refinitiv, dealmaking like initial public offerings (IPOs) and mergers and acquisitions (M&As) was at an all-time high that year. Secured debt is debt backed by collateral, which helps reduce the risks associated with lending. As a result, B. Ares Capital has a 9.7%

Collateral 246

Collateral Investors Mergers and Acquisitions Initial Public Offering 246

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

Mergers and Acquisitions 246

Mergers and Acquisitions Debt Assets Capital 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

Mergers and Acquisitions 246

Mergers and Acquisitions Assets Leveraging Taxes 246

Private Equity Wire

JUNE 13, 2024

The report cites unnamed sources familiar with the matter as revealing that the financing, which is structured as a covenant-lite unitranche deal, combines senior and junior debt without financial covenants and carries an interest margin in the mid-500 basis points range.

Mergers and Acquisitions 98

Mergers and Acquisitions Asset Management Finance Financing 98

Private Equity Wire

OCTOBER 7, 2024

Banks have seized the opportunity presented by lower interest rates to recapture corporate debt deals from private credit funds, refinancing around $30bn in private debt through broadly syndicated loans so far this year, according to a report by Bloomberg. percentage points, according to reports.

Banks 95

Banks Debt Mergers and Acquisitions Leveraging 95

The Motley Fool

DECEMBER 16, 2023

Leveraging its massive network for future growth Building upon its entrenched position within the industry, UPS is now focusing on specialized (and more profitable) niches such as time-sensitive and temperature-controlled healthcare shipping. However, this figure has jumped to 2.7 And the icing on the cake for investors?

Mergers and Acquisitions 245

Mergers and Acquisitions Accounting Return On Investment Capital 245

The Motley Fool

FEBRUARY 25, 2024

Devon Energy (NYSE: DVN) has been a winning stock since closing its transformational merger with WPX Energy in early 2021. That gave it the fuel to grow value for its investors through dividends, share repurchases, debt reduction, and acquisitions. Devon has also made two cash-gushing acquisitions.

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Debt Leveraging 130

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.

Mergers and Acquisitions 246

Mergers and Acquisitions Investors Hedge Funds Shareholders 246

The Motley Fool

DECEMBER 12, 2023

Deidre Woollard: Two state named airlines, one big merger. So yesterday afternoon was all of a sudden a go to your computer moment for me because a big merger in the airline world was announced yesterday. But they talked about what they learned during the Virgin America acquisition. Motley Fool Money starts now.

Mergers and Acquisitions 130

Mergers and Acquisitions Debt Stakes Bidding 130

The Motley Fool

OCTOBER 23, 2024

While Berkshire has owned the Liberty Media tracking stock since 2016, which tracked Liberty's large stake in Sirius, Berkshire has increased its bet on the satellite radio operator this year, ahead of the tracking stock's merger with publicly traded Sirius shares in a simplification merger in September. billion repurchase program.

Mergers and Acquisitions 130

Mergers and Acquisitions Stakes Debt Conglomerates 130

The Motley Fool

DECEMBER 18, 2023

Consolidation is driving the upstream industry The last few months have featured a flurry of mergers and acquisitions on the upstream side of the energy sector. In October, ExxonMobil (NYSE: XOM) announced an all-stock merger with Permian Basin producer Pioneer Natural Resources for $59.5 The deals vary in scope and scale.

Mergers and Acquisitions 130

Mergers and Acquisitions Stock Market Stock Market Debt 130

The Motley Fool

DECEMBER 12, 2023

The deal is the latest in a wave of mergers in the oil patch as Occidental looks to keep pace with larger rivals ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX). The transaction will increase Occidental's scale in the Permian Basin, enabling it to leverage its operations to reduce costs. billion of new debt and assuming $1.2

Mergers and Acquisitions 100

Mergers and Acquisitions Debt Leveraging Assets 100

The Motley Fool

FEBRUARY 20, 2025

The strong cash flow will enable us to return to a debt-free status as we exit Q1 2025, paying off the remainder of the $1 billion debt inherited from the NuVasive merger. million of pre-tax merger and acquisition-related costs as well as restructuring expenses. Net income was $103 million, resulting in $0.75

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Taxes Capital 130

The Motley Fool

OCTOBER 31, 2024

Honeywell recognized that change was in order, and it made an aggressive plan to make a flurry of acquisitions and divest and simplify its business to align with its three highest-conviction megatrends: automation, the future of aviation, and the energy transition. Levering up Honeywell's investments have come at a high price.

Mergers and Acquisitions 130

Mergers and Acquisitions Conglomerates Leveraging Debt 130

Private Equity Wire

OCTOBER 11, 2024

Both Platinum and Clearlake were noted for having the highest leverage ratios, while Apollo’s leverage was closer to the group’s average, standing at six times earnings. Most of the defaults were due to distressed debt exchanges, a strategy that private equity sponsors have increasingly used to preserve their equity.

Private Equity Firms 103

Private Equity Firms Private Equity Firms Mergers and Acquisitions Leveraging 103

The Motley Fool

SEPTEMBER 28, 2024

ConocoPhillips' medium-term plan During the past year, there has been a flurry of mergers and acquisitions (M&A) in the oil patch. Lower interest rates make borrowing costs cheaper, which allows ConocoPhillips to refinance debt if needed or take on new debt at a lower rate. Here's why the dividend stock is a buy now.

Mergers and Acquisitions 130

Mergers and Acquisitions Debt Leveraging Shareholders 130

Private Equity Wire

OCTOBER 15, 2024

Banks are at risk of losing out on significant underwriting fees from two of Europe’s largest buyout deals, as private-equity firms are adjusting debt terms mid-process, affecting their ability to generate revenue, according to a report by Bloomberg. This clause would otherwise require new debt to be issued after the acquisition closes.

Buyout 96

Buyout Banks Private Equity Firms Private Equity Firms 96

Private Equity Wire

JULY 10, 2024

He led investment banking activities including mergers and acquisitions, equity and debt capital raising, structured finance and syndicated lending, supporting Citi’s broader banking client base and international businesses in over 95 countries.

Mergers and Acquisitions 98

Mergers and Acquisitions Investment Banking Investment Banks Banks 98

The Motley Fool

MARCH 2, 2024

That gave it the flexibility to make two acquisitions last year. Even after completing those deals, the company expects its leverage ratio to be in the lower half of its 4.0 It made two acquisitions last year, which, along with expansion projects, should fuel 7% earnings growth in 2024. Its most recent acquisition (a $7.1

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Debt Banks 130

The Motley Fool

MARCH 23, 2024

The company's financial strength gives it the flexibility to make acquisitions as compelling opportunities arise to add a little more pop to its already solid growth profile. Since the merger, Keurig Dr. Pepper has cut its leverage ratio in half, from about 6 to around 3, while also investing more than $2.5

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Debt Returns 130

Axial

JANUARY 30, 2024

Visit FOCUS Investment Banking’s Profile “The Peakstone Group is an investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our partners have unparalleled experience, with involvement in over 200 sales and mergers since 1979.

Investment Banks 105

Investment Banks Investment Banking Banks Mergers and Acquisitions 105

The Motley Fool

DECEMBER 18, 2023

Steel (NYSE: X) are seeing Monday morning, and the move could signal a wave of merger and acquisition activity across the industrial and materials sectors that could produce the next leg higher for the bull market. Steel debt. It could take some time for earnings to fall to reflect higher debt financing costs.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraged Buyouts Buyout Bidding 130

Private Equity Wire

SEPTEMBER 27, 2024

Both firms may expand the arrangement beyond the initial $25bn and explore opportunities in other regions, with teh venture expected to originate $5bn in debt transactions in its first year, according to Apollo Co-President Jim Zelter. Now, we can maintain our client relationships and offer this private credit solution.”

Mergers and Acquisitions 97

Mergers and Acquisitions Debt Asset Management Leveraging 97