Canadian M&A Roundup Oct 27, 2017 – Equis Energy, TransCanada, Murray Goulburn, Aecon Group, Trayport, Consumer & Retail Energy Industrials Mergers & Acquisitions Power & Utilities Technology by William - October 31, 2017October 31, 20170 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: Equis Energy Pte. Ltd Industry: Power & Utilities Acquirer: Global Infrastructure Partners, Public Sector Pension Investment Board, CIC Capital Corporation Target: Equis Energy Size: USD 5.0 billion Consideration: 100% Cash Sourceof Funds: Cash Sell Side Advisors: Credit Suisse,
Annuities and Perpetuities Finance 101 by Karl - October 30, 2017December 31, 20180 Annuities and perpetuities are financial products where the purchaser of the product receives a stream of future cash flows. Calculating the present value of annuities and perpetuities can be done with the PV formula described in the NPV article, but that can become cumbersome as complexity increases. The formulas introduced
Investment Banking Information Sessions Networking by Matt - October 29, 2017September 16, 20180 Attending Information Sessions for Recruiting Key Takeaway: It is better to make a mild positive impression on a few people than to be disliked by one person - one no is all it takes to lose you an interview - this is especially true if you have good grades All organizations looking
Major Oil & Gas Basins: Alberta Deep Basin Basins Canada by Karl - October 25, 2017February 17, 20180 This article was written by an oil and gas analyst at a Bulge Bracket investment bank. An Introduction: Alberta Deep Basin The Deep Basin, one of Canada’s premier natural gas plays, produces ~3.2-3.3 billion cubic feet per day (bcf/d) of gas and is cost competitive with premier US gas basins such as
Interview with: Treasury Analyst Interview Series Treasury by Karl - October 25, 2017February 19, 20180 An Interview with a Treasury Analyst What is your background? I studied Commerce at Sauder School of Business, with a specialization in marketing and sustainability. I did not do co-op; however, I did do a banking PCM (Payments and Cash Management) internship. My first job coming out of school was a leasing
Canadian M&A Roundup Oct 20, 2017 – Meituan Dianping, Cenovus Energy, Recurrent Energy Energy Mergers & Acquisitions Power & Utilities Technology by William - October 24, 2017October 24, 20170 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: Meituan-Dianping (China Internet Plus Group) Industry: Technology Investors: Syndicate (led by Tencent Holdings Ltd) Target: Meituan Dianping Size: $4 billion Consideration: Not Disclosed Sourceof Funds: Not Disclosed Sell Side Advisors:Not Disclosed Buy Side Advisors: Not Disclosed Legal
Stress Interview Questions for Investment Banking Interviews by Matt - October 23, 2017July 9, 20180 Why Does the Stress Interview Exist? Investment banking interviews are stressful enough as is – however, it is popular to have a stress portion that tests a candidate’s mental fortitude by putting him/her on the spot (albeit less popular than before the financial crisis due to the industry’s public relations to
Global M&A Roundup Oct 20, 2017 – The Warranty Group, Abertis Infraestructuras Infrastructure Mergers & Acquisitions by Sara - October 22, 20170 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: The Warranty Group, Inc. Industry: Financial Institutions Acquirer: Assurant, Inc. (NYSE:AIZ) Target: The Warranty Group, Inc. Size: $2.5 billion Consideration: 81% Equity, 19% Cash Source of Funds: Common Stock, Debt Sell Side Advisors: UBS
Interview with: Big 4 Transaction Advisory VP Accounting Interview Series by Karl - October 22, 2017February 19, 20180 What does a Big 4 professional services firm do in terms of Transaction Advisory/M&A advisory? Big 4 M&A typically has three sub-departments: Transaction Advisory, Corporate Finance, and Integration Services. Transaction Advisory does a lot of financial due diligence, which is coming up with a normalized level of EBITDA/NWC/net debt and analyzing
Best Languages To Learn For Investment Banking – Part III: French, Arabic & Spanish Africa Education Europe South America Southeast Asia by Matt - October 21, 2017July 10, 20180 This is a four part series on language in business. In our first article, we outlined the usefulness of knowing an additional language for business – in particular, finance. In our second article, we wrote about why we feel Chinese is the most useful language to learn for work. In