Daily Archives: January 6, 2016

Hisense émerge en tant que formidable innovateur technologique sur le CES 2016

L’entreprise présente des applications innovantes d’affichage pour la télévision, la maison connectée et le secteur médical, et annonce la plus grande incursion à ce jour dans le marché des États-Unis LAS VEGAS, 6 janvier 2016 /PRNewswire/ — Hisense a occupé le devant de la scène sur le CES 2016 pour annoncer la plus grande incursion de […]

Hisense Emerges as Formidable Technology Innovator at CES 2016

Showcases Innovative Display Applications Across Television, Connected Home and Medical Industries; Announces Largest Foray Into U.S. Market to Date LAS VEGAS, Jan. 6, 2016 /PRNewswire — Hisense took the stage at CES 2016 to announce the Company’s largest foray into the U.S. market to date, and to demonstrate innovations in display technology across the television, connected […]

Research and Markets: Medical Equipment Quarterly Deals Analysis: M&A and Investment Trends – Q3 2015

Research and Markets (http://www.researchandmarkets.com/research/vbpq45/medical_equipment) has announced the addition of the "Medical Equipment Quarterly Deals Analysis: M&A and Investment Trends - Q3 2015" mergers & acquisitions to their offering.

Medical Equipment Quarterly Deals Analysis: M&A and Investment Trends - Q3 2015 report is an essential source of data and trend analysis on the mergers and acquisitions (M&As) and financings in the medical equipment industry.

The report provides detailed information on M&As, equity/debt offerings, private equity, venture financing and partnership transactions registered in the medical equipment industry in Q3 2015. The report portrays detailed comparative data on the number of deals and their value in the last five quarters, subdivided by deal types, segments and geographies. Additionally, the report provides information on the top financial advisory firms in the medical equipment industry.

Scope

- Analyze market trends for the medical equipment/medical devices market in the global arena

- Review of deal trends in anesthesia and respiratory devices, cardiovascular devices, dental devices, diabetes care devices, diagnostic imaging, drug delivery devices, endoscopy devices, ENT devices, healthcare IT, hospital supplies, in vitro diagnostics, nephrology and urology devices, neurology devices, opthalmic devices, patient monitoring, surgical equipment, and wound care management segments

- Analysis of M&A, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships in the medical equipment market

- Summary of medical equipment deals globally in the last five quarters

- Information on the top deals that took place in the medical equipment market

- Geographies covered include - North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa

- League Tables of financial advisors in M&A and equity/debt offerings. This includes key advisors such as Morgan Stanley, Credit Suisse, and Goldman Sachs

- Review the financial metrics, such as operating profit ratio, P/E ratio, and EV/EBITDA on mergers and acquisitions

Key Topics Covered:

1 Tables & Figures

2 Medical Equipment, Global, Deal Summary

3 Medical Equipment, Global, Top Deal Makers, Q3 2015

4 Medical Equipment, Global, Deal Summary, By Type

5 Medical Equipment, Global, Deal Summary, By Market

6 Medical Equipment, Deal Summary, By Geography

7 Medical Equipment, Top Advisors

8 Further Information

For more information visit http://www.researchandmarkets.com/research/vbpq45/medical_equipment

Contacts

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

Sector: Medical Devices

Source: Research and Markets

Express, Inc. Announces Participation In 18th Annual ICR XChange Conference

COLUMBUS, Ohio, Express, Inc. (NYSE: EXPR), a specialty retail apparel chain, today announced that the Company will present at the 18th Annual ICR XChange Conference being held at the JW Marriot Orlando Grande Lakes in Orlando, Florida on Tuesday, Janu...

US Upstream Oil and Gas M&A to Surge in 2016 Following a 73% Plunge in 2015, per 1Derrick/Derrick Petroleum Services

Oil and gas information and insight provider 1Derrick expects 2016 upstream merger and acquisition (M&A) activity to rebound from a record low in 2015. This is based on detailed company and regional forecasts which will be publicly available in February 2016. These forecasts are a result of strategic and financial analysis of more than 60 US producers as well as transaction trends and assets on the market in major US regions and plays.

With the industry in crisis due to the steep decline and continued volatility in oil prices, US transaction value fell in 2015 to just $27 billion from $101 billion in 2014. Globally, upstream transaction value plunged to just $67 billion in 2015, excluding Shell’s $82 billion agreement to acquire BG Group, from $187 billion in 2014. In 2015, despite widely held expectations that financial stress would lead to industry consolidation, the number of corporate transactions plummeted to an eight year low as buyers and sellers were unable to agree on deal terms.

The competitive landscape within the US upstream sector is evolving. In addition to public companies jockeying for survival, numerous new PE-backed upstream companies have been formed, including Independent Resources Management backed by Warburg Pincus, Three Rivers Operating Company backed by Riverstone Holdings, Rockcliff Energy backed by Quantum Energy, TRP Energy backed by Trilantic Capital and multiple companies in the EnCap Investments portfolio. Such PE-backed companies will vie with public companies to drive up M&A activity in 2016.

2015 results show difficulties in negotiating oil and gas deals

As corporations cut costs, slashed capital investment, and tapped cash reserves to counter plunging cash flows, global transaction value fell to a record low $5 billion in the first quarter of 2015. The 2015 quarterly average of $17 billion (excluding Shell-BG) was the lowest in the last decade. For many E&Ps, the focus shifted from growth to survival, contributing to $137 billion in assets on the market in December 2015. However, large deals were hard to complete, as only 106 transactions exceeded $100 million in 2015, down from 242 in 2014 and an average of 207 for 2008–2014.

Despite widespread predictions that financial stress would lead to a burst of corporate consolidation in 2015, the $25 billion in corporate deals (excluding Shell-BG) was the lowest in the last eight years. Continuing uncertainty about how low prices would go and the timing of any recovery made it difficult for buyers and sellers to reach agreement on price. 1Derrick’s data points to $30 billion in offers which were rejected by shareholders, including Woodside’s $11.5 billion bid for Oil Search, Scepter Partners $11.4 billion offer for Santos, and the $5.5 billion proposal by ALFA and Harbour Energy to acquire Pacific Rubiales.

Shell’s agreement to acquire BG Group, the largest upstream transaction since the merger of Exxon and Mobil in 1998, was a dramatic exception to this trend. The financial strength of both parties and the long term strategic benefits of the transaction outweighed the concerns about shorter term commodity prices and supply-demand balance.

Asset transaction value plummeted to $42 billion, the lowest since post-recession 2009, from $117 billion in 2014.

North American shale plays were particularly hard hit; the total value of shale transactions was just $29 billion, down from $71 billion in 2015. The largest US transactions were Noble Energy’s acquisition of Rosetta Resources with assets in the Eagle Ford play and the Permian basin, and WPX Energy’s acquisition of RKI Exploration for its Permian assets. Canadian upstream transaction value fell from $28 billion to $12 billion, excluding Suncor’s $5 billion still to be settled bid for Canadian Oil Sands.

Driven by the Shell-BG deal, which included assets in South/Central America, Australia, Africa, and other areas, transactions outside North America accounted for 71% of the total global value, up from 31% in 2014. The $24 billion in transactions other than the mega-merger included big-ticket purchases by national oil companies such as Sonangol, Emirates National Oil Company and ONGC. Chinese NOCs did not make any significant acquisitions during the year.

Identification of 2016 Predators and Prey

Given the new industry paradigms, applying past transaction trends has limited value. So 1Derrick combined fundamental M&A analysis with a new “bottoms-up” approach based on company financial and strategic analysis, new peer group comparative metrics, and new regional and play reviews.

Working with Oil and Gas Financial Analytics, LLC, 1Derrick will publish profiles of more than 60 US oil and gas producers. This study will identify predators and prey, quantifying the financial capability and likely strategic focus of the strong companies and the specific vulnerabilities of the weakest. New comparative metrics will rank the likelihood of M&A activity within and between peer groups and between major regions and plays.

Early findings from the study point to a significant increase in US transaction value, driven in large part by corporate consolidation.

After concentrating on short-term responses to the steep plunge in oil prices which commenced in the fourth quarter of 2014, the more financially stable firms are now considering longer term strategic moves, including the opportunity to acquire attractive assets from distressed sellers. Also, the general consensus that no significant oil price recovery is on the horizon could make it easier for buyers and sellers to reach agreement on price.

1Derrick/Derrick Petroleum Services (www.1derrick.com), is an independent oil and gas research firm with offices in Houston, London, Singapore and Bangalore. For more information on 2015 upstream M&A results or 1Derrick’s upcoming 2016 profiles and forecasts, please contact Ajit Thomas at Ajit.Thomas@1Derrick.com or 1.646.284.8661.

Contacts

1Derrick/Derrick Petroleum Services

Ajit Thomas, 1-646-284-8661

Ajit.Thomas@1Derrick.com

Source: Derrick