By Krissa Mou, Scarlet Park, Rakan Aqrouq, and Terry Zhang (University of British Columbia); Alvaro Aguilar De Nalda (ESADE); Utku Kaya, Omar Kanaa, Nayoung Kim, Harvey Han and Tomiwa Oshai (King’s College London) Photo: Christina Victoria Craft (Unsplash) Overview of the deal Acquirer:  Cencora Target:  OneOncology Implied Equity Value:   $6 billion Total Transaction Size:  $7.4 billion Closed date:  End of 2026 Q1 Target advisor: Debevoise & Plimpton LLP (legal) Acquirer ad

By Rasmus Sjögren, Alexander Henje, Haris Jasarevic, Nikolas Kakona (Stockholm School of Economics), Shivam Gujral (University of Cambridge) Photo: Brett Jordan (Unsplash) Overview of the deal Acquirer:  T-Mobile US, Inc. – a leading American wireless carrier and subsidiary of Deutsche Telekom Target:  Uscellular’s Wireless Operations – a regional wireless business of United States Cellular Implied Equity Value:  US$4.3 billion Total Transaction Size:  ~US$4.3 billion, includ

By Shahmir Ahmed, Alp Ceylan, and Francesco del Sesto (Bocconi University); Alvaro Aguilar De Nalda (ESADE); Nikhil Freiherr Raitz Von Frentz, Max Fischer, Daniel Barker, Moritz Ibe (University of St Andrews) Photo: Farzad (Unsplash) Summary of IPO Meesho is a Bangalore-based start-up that was founded by two IIT Delhi graduates in December 2015. It went public on the BSE and NSE the 10th of December 2025. It is a mobile-app-based e-commerce marketplace that lets small busines

By Freya Zhang, Akshi Bansal, Chak Li, Jacky Chan, Sharon Liu (HKUST); Anastasia Malikova, Dennis Malaj, Gauri Khanna, Sarah Lee (LSE) Photo: Laurynas Me (Unsplash) Overview of the deal Acquirer:  Pfizer Inc. Target:  Metsera Inc. Implied Equity Value : ~$9.2 billion (~7 billion cash upfront & up to ~$2.2 billion in contingent milestone payments) Total Transaction Size:  Up to US$10 billion Closing Date:  13th November 2025  Target Advisor:  Goldman Sachs & Co.LLC , Guggenhei

By Amya Hillis, Jacob Liu, Agastya Mittal, and Dirk Harrison (Columbia University); Shahmir Ahmed and Francesco Del Sesto (Bocconi University) Photo: Jonas Leupe (Unsplash) Summary of IPO The buy-now-pay-later (BNPL) model and broader shift to online commerce have reshaped consumer finance over the past decade, and Klarna has been one of the central players in that transition. Founded in 2005 in Stockholm, Klarna built a platform that lets consumers split payments, pay later,

By Arthus Marande, Christopher Putnis, Namien Koné, Mattia Colombo (ESCP); Freya ZHANG, Jacky CHAN, Sharon Liu, Akshi Bansal, Chak Li (HKUST). Photo: Khanh Nguyen Overview of the deal Acquirer: Blackstone, TPG, and other minorities (ADIA, GIC) Target:  Hologic, Inc. Implied Equity Value: $17.67bn Total Transaction Size:  $18.3bn (EV) Closed date:  Pending; expected H1 2026 (45-day go-shop in the agreement) Target advisor: Citi (Financial); Kirkland & Ellis (Legal); Ropes & G

By Parth Talwar, Mateo Sy, Grace Pui, Karson Shi (HKU) Photo: Arpad Czapp (Unsplash) Overview of the deal Acquirer: Sycamore Partners...

By Edward Fung, Freya Zhang, Kelvin Chan (HKUST); Terry Zhang, George Luo, Leo Wu (UBC) Photo: Bloomberg Overview of the deal Acquirer: ...

By Manha Awais, Prisha Agarwal, Osman Draman (Cornell University); Julia Weinrod, Yuyu Huang, Kelly Liu, Jenny Sun, Henry Yao (Johns...

By Zoe Thaller, Arthus Marande (ESCP); Amya Hillis, Abraham Vongkhamdy, Irene Souny Bihr, Leo Fridjhon, Janira Martinez, Christian...

By Anna Chesca, Aditya Tatwawadi, Ahyaan Malik, and Alex Scothorn (University of Cambridge); Edward Mazin, Charlie Hogshire, Caden Viehe,...

By James Searle, Greg Dargue, Cameron Hansell, Ben Motamed (Durham University); Aviral Jain, Leon Gaster, Adalia Melvin, Haci Eren Sidar...

By Anna Chesca, Aditya Tatwawadi, Ahyaan Malik, and Alex Scothorn (University of Cambridge); Muditt Khurana, Amarthya Chandrappa...

By Diana Usova, Hisha Tharmarajah, Martin Atkinson, and Smit Kotak (University of Bristol) ; Grace Pui, Mateo Sy, Karson...

By Kevin Xu, Nancy Huang (Melbourne University), Annabel Lai, Sanghyeon Kim, Freya Zhang, Edward Fung (HKUST University). Photo: Markus...

By Adam Bernabeu, Mahaut Bonnet de Roovere, and Malo Inizan (HEC), and Erica Chan, Hunter Pang, Jonathan Liu, Lasheeka Ramesh (LSE)...

By Aanjay Patel, Augustus Paluzzi, Samuel Tainsky, Nathaniel Baker, Michelle Liu (Cornell University) ; Sean Millar, Ben Preece, Moritz...

By Ahaan Roychowdhury, Shyam Patra, Dimos Kamposiouras, Krish Raj (UCL) ; Melvin Bergeret, Arthur Delfour, Axel Nkam, Victor Zheng and...

By Sam Oberly, Julia Weinrod, Yuyu Huang, Talia Hovsepian, Jenny Sun (Johns Hopkins University) and Samuel Smith, Saevuk Atwal, Matthew...

By Marvin Stenersen, Angyan Liu, Douglas Dalén (Stockholm School of Economics), Rhys Meredith, Velizar Zlatev, Ben Jackson, Aditi Singh,...

By Sean Millar, Ben Preece, Moritz Ibe, and Junqi Wang (University of St Andrews) ; Sam Oberly, Julia Weinrod, Yuyu Huang, Talia...

By Jian Wee Soh, Yagnesh Patel, Aaren Tan, Arfred Garcia, Bharath Sivakumar, Gulled Bulhan (Imperial College London), and Heather Leung,...

By Ritu Joseph and Anusha Kaushik (London Business School), Sonia Andrzejuk, Argyro Charizona, Mikołaj Borowiak and Vlad Marcu (Bocconi)...

By Pierre Six, Jingying Liu and Mathilde Heibig (HEC Paris), Ayushman Mukherjee, Divy Dayal, Junseok Choi and Amar Mian (Cambridge)...

By Nancy Huang (University of Melbourne), Fuh Zhe Yi, Ahaan Roychowdhury and Harold Parra Halder (University College London) Photo: Mika...

By Kayla Ho, Michele Silvestri and Jia Jian Gan (LSE), Sonia Andrzejuk, Argyro Charizona, Mikołaj Borowiak and Vlad Marcu (Bocconi)...

By Sameer Jain, Ishan Date and Michael Akullo (Wharton School), Fuh Zhe Yi, Ahaan Roychowdhury and Harold Parra Holder (University...

By Tigran Minasian, Ross Barrett, Kai Ye and Oscar Silva (Imperial College London), Adil Amlaiky (McGill University) Photo: Samuele...

By Carl-Gabriel Jakobsson, Charlie Blidén (Stockholm School of Economics) and Ayushman Mukherjee, Junseok Choi, Matthew L, Amar Mian...

By Xunliang Huang (University of Melbourne), Sameer Jain and Micheal Akullo (Wharton School) Photo: Sigmund (Unsplash) Overview of the...

By Sonia Andrzejuk, Argyro Charizona, Vlad Marcu, and Mikolaj Borowiak (Bocconi), Ross Barrett, Tigran Minasian, Jian Wee Soh, and...

By Matilda Oculy and Filip Stoilov (University of Manchester), Sameer Jain and Micheal Akullo (Wharton School) Photo: No Revisions...

By Adil Amlaiky, Ilan Bernadski, and Greta Horn (McGill University), and Yair Trachtenberg, Nikita Bezverkhniy, Marcus Walter, and Julia...