Written by Quorica Capital Global Markets Team – Anapekshya Kandel European Central Bank current monetary policyThe ECB announced earlier this month that they have decided to cut their main refinancing rate (key interest rate) to 3.50%. The reasoning, as stated on the ECB’s website, being that inflation in the Eurozone has gradually decreased but still…
Written by Quorica Capital Equity Team – Prince Shah On 10 June 2024, Nvidia (NVDA) completed a 10-for-1 stock split, aimed at making its shares more accessible to retail investors. This move allowed existing shareholders to receive ten shares for every one they held, while the stock price was reduced accordingly, changing from over $1200…
Written by Quorica Capital M&A Team – Anton Meaney On January 23rd, 2024, Realty Income closed on its target Spirit Realty Capital. It was an all-stock transaction valued at US$9.3bn. It acts as a significant moment in Realty Income’s history, as well as placing them in a strong position in the real estate investment trust…
Written by Quorica Capital M&A Team – Rohit S StrategyHome Depot’s $18.25 billion transaction value acquisition of SRS Distribution in 2024 aligns with its strategic vision to strengthen its foothold in the construction and building materials sector, especially within the professional services space. This acquisition complements Home Depot’s long-term goal of expanding its customer base,…
Written by Quorica Capital M&A Team – Krishna Mahendrakar Mastercard’s $2.65 billion acquisition of Recorded Future in 2024 marks a significant strategic investment aimed at bolstering its cybersecurity and threat intelligence capabilities. Recorded Future, a leading provider of threat intelligence, uses machine learning and data analytics toprovide real-time information on cybersecurity threats. Transaction Overview Strategic…