UBS

Zurich Insurance’s $11bn Acquisition of Beazley

By Shahmir Ahmed (Bocconi University); Alvaro Aguilar De Nalda (ESADE); Rakan Aqrouq, Krissa Mou, Scarlet Park and Terry Zhang (University of British Columbia) Photo: Scott Graham (Unsplash) Overview of the deal Acquirer: Zurich Insurance Target: Beazley Implied Equity Value: £8.1 billion ($10.8 billion) Total Transaction Size: £8.1 billion ($10.8 billion) Closed date: Deal announced as complete early March, 2026 Target advisor: Goldman Sachs, Lazard, UBS, J.P. Morgan, Caze

Apr 24

Savills' $1.1bn Acquisition of Eastdil Secured

By Julianna Zelnhefer, Alex Svanidze, Ryan Leo, and Ava Singer (Boston University); Anastasia Malikova, Dennis Malaj, Gauri Khanna (LSE) Photo: Jason Dent (Unsplash) Overview of the deal Acquirer : Savills plc Target : Eastdil Secured LLC Implied Equity Value : $921.25 million (USD) (60% cash/40% stock) Total Transaction Size : $1,112.5 million (USD) Closed date : Q2-Q3 2026, subject to regulatory clearances Target advisor : BDT & MSD Partners (financial), Latham & Watkins

Apr 15

Affinius Capital and Vista Hill Partners' $3.4bn Acquisition of Veris Residential

By Tomiwa Oshai, Harvey Han, Omar Kanaa, Utku Kaya and Nayoung Kim (King’s College London); Mateo Roman Sy, Nathaline Marielle, Jeongmin Oh, Linh Nguyen and Parth Talwar (Hong Kong University) Photo: Avi Waxman (Unsplash) Overview of the deal Acquirer: Affinius Capital (lead) and Vista Hill Partners Target: Veris Residential, Inc. Implied Equity Value: USD $1.78 billion Total Transaction Size : USD $3.4 billion Close Date: Q2 2026 (Expected) Target Advisor: J.P. Morgan

Apr 8

EQT’s $3.2bn Acquisition of Coller Capital

By Ben Motamed, Charlie Bark, Archie Clarke, Emmanuel Olowe, James Midgley (Durham University); Alvaro Aguilar De Nalda (ESADE); Lisa Dai, Larry Cao, Jeffrey Kim, and Milan Agarwala (Columbia University) Photo: Piron Gillaume (Unsplash) Overview of the deal Acquirer: EQT Target: Coller Capital Transaction Type : All-stock acquisition funded thoroughly newly issued shares Total Transaction Size: $3.2 billion Closing Date: Q3 2026, subject to regulatory approval Target Advi

Feb 23

CD&R’s $10.3bn Acquisition of Sealed Air

By Arthus Marande, Olivia Riera Ripoll, Christopher Putnis, Nehir Yanmaz (ESCP); Alvaro Aguilar De Nalda (ESADE); Ben Motamed, Emmanuel Olowe, Charlie Bark, James Midgley, Archie Clarke (Durham) Photo: Getty Images (Unsplash) Overview of the deal Acquirer: Clayton, Dubilier & Rice (CD&R) Target: Sealed Air (NYSE: SEE) Implied Equity Value: $6.2bn Total Transaction Size: $10.3 billion Closing Date: Expected mid-2026 Target Advisor: Evercore (financial); Latham & Watkins

Feb 11

Klarna's IPO

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,

Dec 10, 2025

Lone Star Funds' $3.8bn Acquisition of Hillenbrand

By Harvey Han, Utku Kaya, Omar Kanaa, Nayoung Kim, Tomiwa Oshai (King’s College London) and Nikhil Freiherr Raitz Von Frentz, Max Fischer, Daniel Barker, Moritz Ibe (University of St Andrews) Photo: Getty Images (Unsplash) Overview of the deal Acquirer: Lone Star Funds Target: Hillenbrand Inc. Implied Equity Value: $3.8 billion ($32 per share) Total Transaction Size: $3.8 billion (All-cash) Closed date: The end of 1Q 2026 (Expected) Target Advisors: Jefferies LLC, UBS Inve

Nov 28, 2025

Heineken's $3.2bn Acquisition of FIFCO

By Haci Eren Sidar, Mustafa Arda Sis, Muthu Ramanathan, Josh Lai (University of Nottingham); Rasmus Sjögren, Alexander Henje, Haris Jasarevic, Nikolas Kakona (Stockholm School of Economics) Photo: Stella de Smit Overview of the deal Acquirer: Heineken N.V. Target: Florida Ice and Farm Company S.A. (FIFCO) – beverage, food and retail businesses (Distribuidora La Florida and related operations) Total Transaction Size: $3.2 billion (cash consideration, Enterprise Value) Close

Nov 20, 2025