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. It drives its view that the acquisition will bolster its free cash flow. All three deals share a common theme.

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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

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. Chevron and Exxon are returning a ton of cash to shareholders with buybacks and dividends. As a result, both companies are in excellent shape right now, sporting very low leverage.

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Mergers and Acquisitions Investing Leveraging Debt 245

The Motley Fool

JANUARY 5, 2024

The company has a terrific track record, returning nearly 200% to shareholders during the past 10 years. Moreover, one prediction I made for 2024 is that mergers and acquisitions will see a rebound this year. The company's superior reputation and generous returns have attracted some of the largest investors in the world.

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Mergers and Acquisitions Leveraged Buyouts Due Diligence Portfolios 246

The Motley Fool

NOVEMBER 8, 2024

We've increased our regular dividend rate 160%; and including both regular and special dividends, paid or committed to pay more than $13 billion directly to shareholders; and $3.2 billion of that free cash flow back to our shareholders through a mix of our regular dividend and opportunistic share repurchases. We generated $1.6

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Debt Shareholders Leveraging Capital 130

The Motley Fool

MARCH 3, 2024

Deeper access to capital Next, Roy highlighted that the REITs recently closed merger with Spirit Realty "deepens our ability to access capital markets through increased trading volume in our publicly listed stock." The Spirit merger, for example, helped lower Realty Income's exposure to convenience stores from 11.1% to 15.1%.

Mergers and Acquisitions 246

Mergers and Acquisitions Capital Leveraging Portfolios 246

The Motley Fool

JANUARY 16, 2024

It plans to return about 70% of free cash flow to shareholders. While that statement rings true for Diamondback Energy, it would be a mistake to conclude that the stock is simply a leveraged play on the price of oil. 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

JUNE 16, 2023

Basically, through thick and thin, the MLP has made sure that its shareholders receive a steady and growing quarterly disbursement. Acquisitions are partly to blame for that trend, but investors need to understand that leverage increases risk. Enterprise's history is pretty straightforward. That isn't the only thing to consider.

Mergers and Acquisitions 246

Mergers and Acquisitions Debt Amortization Depreciation 246

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. The company appears a lot more attractive now since it closed on its acquisition of Newcrest in November. Which gold stock is the best addition to your portfolio?

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Mergers and Acquisitions Debt Amortization Depreciation 243

The Motley Fool

MARCH 30, 2024

Lots of fuel to continue increasing its big-time dividend Enbridge has delivered an average total shareholder return of 11.2% It also has a strong investment-grade balance sheet, and its leverage ratio is within its 4.5x-5x annually over the last 20 years. That has outperformed the S&P 500 (9.7% 5x target range.

Mergers and Acquisitions 237

Mergers and Acquisitions Leveraging Shareholders Portfolios 237

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

Mergers and Acquisitions 245

Mergers and Acquisitions Accounting Capital Return On Investment 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. billion of debt since the merger closed, reducing its leverage ratio to less than 1.

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Debt Leveraging 130

The Motley Fool

DECEMBER 6, 2023

Companies that pay dividends display a commitment to shareholders and tend to have prudent capital management. 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. However, not all dividend stocks are the same.

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Collateral Investors Mergers and Acquisitions Initial Public Offering 246

The Motley Fool

JANUARY 10, 2024

billion in investments last year -- a figure that doesn't include its pending acquisition of fellow REIT Spirit Realty. However, despite the headwinds from those higher rates (which increased its borrowing costs and weighed on its share price, driving up its cost of capital ), Realty Income went on an acquisition spree in 2023.

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Mergers and Acquisitions Investing Leveraging Capital 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.

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Mergers and Acquisitions Stakes Debt Conglomerates 130

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. We exceeded our 2024 synergy targets, and we're able to accelerate value creation and shareholder return as a result. Integration is progressing well.

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

The Motley Fool

APRIL 10, 2024

By comparison, other E&Ps saw their leverage surge to alarming levels. ConocoPhillips uses the variable dividend to directly reward shareholders when it earns outsized free cash flows. Management wasn't exactly thrilled with the market's lack of interest in the stock despite the value it had returned to shareholders.

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Capital Debt 130

The Motley Fool

MARCH 8, 2024

Why the latest go-private offer may be good news for Macy's shareholders. Deidre Woollard: Well, speaking of more choice, I want to pivot to another story which is essentially about choice in a way which is that JetBlue and Spirit are calling off their merger. Whether Spirit Airlines will seek another buyer. Now it's struck out twice.

Investors 246

Investors Mergers and Acquisitions Shareholders Debt 246

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.

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Mergers and Acquisitions Debt Shareholders Leveraging 130

The Motley Fool

OCTOBER 4, 2024

Shareholders will receive $0.88 All about cash flow Since completing its merger with Sprint in 2020, T-Mobile has produced massive free cash flow growth for shareholders. For example, management delivered more than $8 billion in merger synergies since integrating Sprint, above its $7.5 Image source: Getty Images.

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Mergers and Acquisitions Shareholders Enterprise Values Bidding 130

The Motley Fool

DECEMBER 10, 2023

The company expected the transformational merger to create significant shareholder value by turning it into a free cash flow machine. Shareholders elected the Rice-supported board in 2019, which installed Toby as the CEO. The company has made several scale-enhancing acquisitions to enhance margins and free cash flow.

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Mergers and Acquisitions Enterprise Values Shareholders Assets 130

The Motley Fool

JULY 20, 2024

But the acknowledgment meant little to shareholders who watched their Kraft Heinz shares get halved during that four-year stretch. Although it's taken far longer than anyone expected at the time, the merger of Kraft and Heinz is finally starting to help more than hurt. In 2019, Buffett finally conceded he "overpaid for Kraft."

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Leveraging Stakes 130

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. If successful, ConocoPhillips would emerge as a better business with no dilution to its shareholders or impact on its balance sheet. Here's why the dividend stock is a buy now.

Mergers and Acquisitions 130

Mergers and Acquisitions Debt Leveraging Shareholders 130

The Motley Fool

DECEMBER 18, 2023

That's what shareholders in U.S. 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. Shareholders will receive $55 per share for their U.S. Steel debt.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraged Buyouts Buyout Bidding 130

The Motley Fool

DECEMBER 1, 2023

It's been a roller-coaster ride for iRobot (NASDAQ: IRBT) shareholders since the company agreed to be acquired by Amazon.com (NASDAQ: AMZN) nearly 15 months ago. The EC opened an in-depth probe into the acquisition back in July 2023 and is expected to issue a final ruling by Feb. and Europe promptly voiced concerns.

Mergers and Acquisitions 100

Mergers and Acquisitions Enterprise Values Leveraging Debt 100

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. The report noted that private equity firms have increasingly resorted to borrowing more debt to fund dividend payments, returning cash to shareholders.

Private Equity Firms 103

Private Equity Firms Private Equity Firms Mergers and Acquisitions Leveraging 103

The Motley Fool

OCTOBER 24, 2024

On September 18th, we announced that we had mutually agreed to terminate our pending acquisition by WillScot. In accordance with the terms of the merger agreement, McGrath received a termination fee of $180 million. McGrath is on a strong footing as we emerge from the terminated merger agreement. We are not. per diluted share.

Mergers and Acquisitions 130

Mergers and Acquisitions Education Debt Taxes 130

The Motley Fool

MARCH 9, 2024

compound annual growth rate in its total shareholder return over the last 20 years. The company also has a solid leverage ratio that's currently below its target range of 4.5 That conservative leverage ratio further enhances its financial flexibility. a very comfortable level for its utility-like cash flows). billion to $6.7

Returns 130

Returns Mergers and Acquisitions Leveraging Amortization 130

The Motley Fool

MAY 4, 2024

It completed the acquisition of The East Ohio Gas Company in March, the first of three natural gas utility acquisitions from Dominion it expects to close this year. It plans to recycle that capital into its gas-utility acquisitions. Meanwhile, it reaffirmed its 2024 financial guidance. this year), the yield is up to 7.6%.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Prospects Shareholders 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 Banking 105

Investment Banking Investment Banks Banks Mergers and Acquisitions 105

The Motley Fool

SEPTEMBER 7, 2023

Effectively, the Canadian government forces the country's largest banks to operate in a highly conservative manner and have limited merger and acquisition activity, leading the biggest names to have entrenched industry positions. regulators chose not to approve a merger, the company has a long and successful history behind it.

Banks 130

Banks Mergers and Acquisitions Finance Financing 130

The Motley Fool

DECEMBER 14, 2023

The company uses shareholder capital that it leverages with short-term borrowings to buy MBS. In addition to organic growth, the MLP has a long history of making value-enhancing acquisitions. billion acquisition of Lotus Midstream and its $7.1 This year, it made two meaningful deals -- the $1.5

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Assets Banks 130

The Motley Fool

NOVEMBER 21, 2024

This is where things get interesting, because Devon Energy just completed a big merger that has increased its leverage. The acquisition has boosted the company's growth opportunity, but the plan for debt reduction has come at the expense of the dividend -- sort of. The company has an investment grade rated balance sheet.

Mergers and Acquisitions 130

Mergers and Acquisitions Debt Leveraging Shareholders 130

The Motley Fool

AUGUST 10, 2024

This strategy could pay big dividends for the company and its shareholders in the coming years. We are in active discussions with several blue-chip technology companies that are interested in leveraging Brookfield Infrastructure's market leading scale and expertise. He then highlighted a couple of examples.

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Leveraging Shareholders 130

The Motley Fool

AUGUST 24, 2023

Viatris is a relatively new company that was formed by the merger of Mylan and Pfizer 's Upjohn unit in November 2020. Viatris aims to leverage its scale and geographic reach to deliver affordable and accessible medicines to patients around the world. Viatris has three operating segments: complex generics, generics, and branded drugs.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Prospects Shareholders 130

The Motley Fool

MARCH 6, 2024

Why Kraft Heinz has done so poorly Massive mergers and acquisitions don't always work out. Despite paying off over $10 billion, the company is still leveraged at over 3.6 Lastly, more debt means less cash to shareholders. They can have consequences that can impact a business for years. Take Kraft Heinz, for example.

Mergers and Acquisitions 130

Mergers and Acquisitions Debt Leveraging Stakes 130

The Motley Fool

JANUARY 21, 2025

Additionally, maintaining regulatory compliance and strategic growth through acquisitions, such as the proposed $35 billion merger with Discover Financial Services (NYSE:DFS) , remain crucial for its ongoing success. The company's provision for credit losses also rose by $160 million to $2.6

Capital 100

Capital Mergers and Acquisitions Financial Services Banks 100