Private Equity Bros Weekly

📊 Weekly Summary

Here’s a rundown of this week’s standout updates:

The Federal Reserve and Bank of England both cut interest rates. Demand for gold ETFs turned positive as investors seek safe-haven assets, while Japan said it stepped into the foreign exchange market twice in Q3, as concerns rise amid the recent renewed yen weakness.

Following the U.S. election results, IPO holdouts are eyeing 2025 for potential public offerings, as Trump’s win raises expectations of deregulation. Wall Street’s M&A sector anticipates a boost, as Trump’s policies could roll back restrictions.

Meanwhile, Nvidia surpassed Apple as the world’s most valuable company. It’s a tough period for Apple who faces its first EU fine under the new digital antitrust rules for Big Tech.

Let’s break it down.

📈 Recent Finance News

Fed cuts rates by 25 bps to 4.5%-4.75% range: The rate cut highlights the Fed’s shift to prioritize employment alongside inflation control (CNBC)

BoE also cuts rates for a second time to 4.75%: Gradual reductions ahead as Labour budget boosts inflation forecast (CNBC)

Gold ETF demand turns positive for year-to-date: Demand has increased amid renewed investor interest in safe-haven assets (YF)

Japan intervened twice in Q3 to bring yen below ¥160: The Finance Ministry’s actions aimed to mitigate excessive currency volatility (JT)

IPO market holdouts look to 2025 as Trump wins presidency: Trump’s victory removes uncertainty, makes deregulation more likely (YF)

Wall Street gets M&A reboot with Trump set to undo Khan Era: New regulatory changes could significantly impact M&A activity (YF)

Nvidia surpassed Apple as the world's most valuable company: Nvidia shares have tripled as investor confidence swells (CNBC)

India stocks saw the biggest foreign exodus since COVID: Investors pull out of Indian stocks amid concerns over economic stability (BS)

Apple to face first EU fine under new antitrust rules: This could present a potential setback for the company's operations in Europe (YF)

Hedge fund titan Scott Bessent seeks to become Treasury Secretary: The nomination could influence U.S. economic policy (FT)

🔍 Newly Released Reports  

• AI & Automation in Financial Reporting (KPMG)

• Global Macro Economic Outlook (CEPREMAP)

• A Deep Dive on Alternatives (Goldman Sachs)

• Infrastructure Secondaries (Partners Group)

• Private Equity in the GCC Region (Arcapita)

• Global Investment Outlook (Nomura)

• U.S. CRE Debt Opportunity (DWS)

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🤝 M&A Activity

Silver Lake, Shore Capital Prep Major Veterinary-Care Merger (Axios)
Potential Deal Value: $8.6B

Advent, CD&R, Apollo Eye Reckitt’s Homecare Assets (YF)
Potential Deal Value: $7.7B

Emerson Electric to Buy Remaining Stake in AspenTech (BR)
Potential Deal Value: $6.5B

Advent Mulls $5.4B Sale of Generic Drugmaker Zentiva (YF)
Potential Deal Value: $5.4B

Blackstone to Take Retail Opportunity Investments Private (Globest)
Deal Value: $4B

Italian Lender Banco BPM Bids for Asset Manager Anima (RT)
Deal Value: $1.7B

Ampersand and GHO Capital to take Avid Bioservices private (FP)
Deal Value: $1.1B

AT&T to acquire spectrum assets from US Cellular (Telecoms)
Deal Value: $1.1B

Ayvens takeover interest from Blackstone, CVC, and Brookfield (YF)
Deal Value: Undisclosed

Cybersecurity firm Qualys explores sale amid takeover interest (BWT)
Deal Value: Undisclosed