In today’s briefing:
- Interglobe Aviation (Indigo) Placement – Second US$800m+ Deal by Co-Founder This Year
- Lyft Inc: Can AV Partnerships & Its New European Strategy Fuel Long-Term Growth?
- What’s News in Amsterdam – 26 August (BAM Group | Retail sales | Dutch politics)
- Parsons Corporation: Will The Acquisition of CTI for Expansion of Defense Capabilities Be A Game Changer?
- Rocket Lab USA: Neutron Rocket Development to Amplify Revenue Opportunities & Market Competitiveness!
- ESAB’s New Revolutionary React Welding Tech & 5 Major Challenges In Its Path!
- Siemens AG: Growth in Automation & Digital Industries Powering Our Optimism!
- Middleby Inside the M&A Pipeline: What Frigomeccanica Brings to the Table!
- Parker-Hannifin: A Closer Look At Its Infrastructure, Construction Recovery & Key Growth Catalysts!
Interglobe Aviation (Indigo) Placement – Second US$800m+ Deal by Co-Founder This Year
- InterGlobe Aviation Ltd (INDIGO IN) co-founder, Rakesh Gangwal, aims to raise around US$802m via selling around a 3% stake in Indigo.
- He had earlier stated his intention to pare down his stake after a long drawn, and very public battle, with his co-founder Rahul Bhatia. He has sold many times before.
- In this note, we run the deal through our ECM framework and comment on deal dynamics.
Lyft Inc: Can AV Partnerships & Its New European Strategy Fuel Long-Term Growth?
- Lyft’s second-quarter 2025 results demonstrate a mix of strong financial performance and strategic expansion initiatives, though not without associated challenges and considerations.
- The company reported record-breaking metrics across several financial measures, including gross bookings, adjusted EBITDA, and free cash flows, marking substantial growth in its operational performance.
- Additionally, Lyft executed a substantial $200 million stock buyback program, signaling confidence in its valuation and future prospects.
What’s News in Amsterdam – 26 August (BAM Group | Retail sales | Dutch politics)
- In this edition: • BAM Group | awarded EUR 600m contract from Enexis and WML • Dutch retail sales | up 3.3% YoY in value terms in 2Q25; up 1.1% in volume terms • Dutch politics | former high-level civil servant recommends an interim cabinet • Dutch politics | latest poll after last Friday’s events
Parsons Corporation: Will The Acquisition of CTI for Expansion of Defense Capabilities Be A Game Changer?
- Parsons Corporation’s second quarter 2025 results reflect a mixed but promising outlook for the company.
- During this period, the company delivered revenue and adjusted EBITDA that aligned with expectations and guidance assumptions.
- A notable highlight was the impressive cash flow, which exceeded forecasts.
Rocket Lab USA: Neutron Rocket Development to Amplify Revenue Opportunities & Market Competitiveness!
- Rocket Lab Corporation’s recent quarterly financial disclosures portray a period of positive revenue growth, coming in at $144.5 million, a 36% increase compared to the same period last year.
- This figure is notably above the high end of Rocket Lab’s prior guidance, signifying robust demand and operational execution, with growth driven by both the Space Systems and Launch Services segments.
- Baptista Research looks to evaluate the different factors that could influence the company’s price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.
ESAB’s New Revolutionary React Welding Tech & 5 Major Challenges In Its Path!
- The second quarter results for ESAB display both strengths and challenges, offering a balanced outlook on the company’s current position and future trajectory.
- ESAB reported a total sales growth of 2% and achieved a record adjusted EBITDA margin of 20.4%, highlighting strong operational performance.
- This robust margin performance is attributed to the company’s disciplined execution of its strategies and the ability to navigate a challenging market environment.
Siemens AG: Growth in Automation & Digital Industries Powering Our Optimism!
- Siemens AG’s third-quarter performance in 2025 reflects both strengths and challenges in a complex global environment.
- The company maintains a robust position, driven by strategic investments and an integrated approach while facing geopolitical and economic uncertainties.
- In the third quarter, Siemens reported impressive order growth, highlighted by a significant 28% increase in group orders to €24.7 billion.
Middleby Inside the M&A Pipeline: What Frigomeccanica Brings to the Table!
- The Middleby Corporation’s latest quarterly earnings call highlights the complex environment the company is navigating.
- While facing economic challenges impacting key markets, the call outlines a series of strategic investments aimed at fortifying the company’s position and driving long-term growth.
- Positively, the company has made significant strides across its business segments through strategic investments over the past three years.
Parker-Hannifin: A Closer Look At Its Infrastructure, Construction Recovery & Key Growth Catalysts!
- Parker Hannifin Corporation recently reported its fiscal year 2025 fourth quarter and full-year financial results, showcasing strong performance metrics that set several records.
- The company posted full-year sales of $19.9 billion, a record adjusted segment operating margin of 26.1%, and a record adjusted EBITDA margin of 26.4%.
- Cash flow from operations also reached an unprecedented $3.8 billion, with adjusted earnings per share (EPS) up by 7%.
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