Podcast of business and financial stories, Behind the Money

Behind the Money

Podcast of business and financial stories

From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world.

Equity Bottom-Up

Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets medicines for humans and animals.  The Company's products include prescription pharmaceuticals, non-prescription self-medications, and animal health products such as anti-infective medicines and vaccines.

<ul><li>Pfizer CEO Albert Borla receives a strange email from the company's former CFO Frank D'Amelio, signaling the beginning of a chaotic activist investor campaign</li><li>Pfizer's success with the Covid-19 vaccine leads to record highs in market cap, but challenges arise as the vaccine becomes old news and competitors emerge in the weight loss drug sector</li><li>Pfizer's acquisition of cancer drug maker CGenta for $43 billion is criticized by investors, leading to a collapse in the company's share price and making it a prime target for an activist investor</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Pfizer CEO Albert Borla receives a strange email from the company's former CFO Frank D'Amelio, signaling the beginning of a chaotic activist investor campaignPfizer's success with the Covid-19 vaccine leads to record highs in market cap, but challenges arise as the vaccine becomes old news and competitors emerge in the weight loss drug sectorPfizer's acquisition of cancer drug maker CGenta for $43 billion is criticized by investors, leading to a collapse in the company's share price and making it a prime target for an activist investorThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

An activist tried to take on Pfizer. Then things got messy

Netflix Inc. is an Internet subscription service for watching tv shows and movies. Subscribers can instantly watch unlimited TV shows and movies streamed over the Internet to their TVs, computers and mobile devices and in the United States, subscribers can receive standard definition DVDs and Blu-ray Discs delivered to their homes.

<ul><li>Netflix recently hit an all-time high on the stock market, capitalizing on the chaos in the entertainment industry</li><li>The company was initially seen as a renegade tech startup, leading the streaming market with its first mover advantage</li><li>After reporting a loss in subscribers, Netflix announced plans to launch an advertising-supported business to combat competition in the streaming wars.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Netflix recently hit an all-time high on the stock market, capitalizing on the chaos in the entertainment industryThe company was initially seen as a renegade tech startup, leading the streaming market with its first mover advantageAfter reporting a loss in subscribers, Netflix announced plans to launch an advertising-supported business to combat competition in the streaming wars.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Volkswagen AG manufactures and sells vehicles. The Company offers economy and luxury automobiles, sports cars, trucks, and commercial vehicles. Volkswagen serves customers worldwide.

<ul><li>Volkswagen, an iconic symbol of German industry, is facing unprecedented challenges with potential factory closures</li><li>The Volkswagen brand, which produces half of the cars for the entire Volkswagen Group, is struggling with high costs and low profit margins</li><li>The potential layoffs and factory closures could have significant impacts on both Germany's economy and its national identity as an industrial giant</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Volkswagen, an iconic symbol of German industry, is facing unprecedented challenges with potential factory closuresThe Volkswagen brand, which produces half of the cars for the entire Volkswagen Group, is struggling with high costs and low profit marginsThe potential layoffs and factory closures could have significant impacts on both Germany's economy and its national identity as an industrial giantThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Seven & i Holdings Co., Ltd. is a holding company which was established through the merger of Ito-Yokado Co., Seven Eleven Japan Co., and Denny's Japan. The Company plans, manages, and operates mainly convenience stores, supermarkets, and department stores.

<ul><li>A Canadian company, Alimentation Couche-Tard, has made an unsolicited offer to acquire Japan's Seven &amp; I Holdings, the owner of the popular 7-11 convenience store chain, marking Japan's largest foreign-led takeover attempt.</li><li>This proposed takeover could signal a shift in Japan's traditional resistance to foreign acquisitions, opening up opportunities for more global mergers and acquisitions in the country.</li><li>The deal would create a global giant in the convenience store industry and represents a significant change in Japan's deal-making and corporate culture.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

A Canadian company, Alimentation Couche-Tard, has made an unsolicited offer to acquire Japan's Seven &amp; I Holdings, the owner of the popular 7-11 convenience store chain, marking Japan's largest foreign-led takeover attempt.This proposed takeover could signal a shift in Japan's traditional resistance to foreign acquisitions, opening up opportunities for more global mergers and acquisitions in the country.The deal would create a global giant in the convenience store industry and represents a significant change in Japan's deal-making and corporate culture.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

How a 7-Eleven takeover could reshape corporate Japan

Cross Asset Strategy

<ul><li>Correspondent Tom Wilson visited Fujairah, a booming port city in the UAE where oil trading has exploded in recent years</li><li>Western sanctions on Russian oil exports have led to a redirection of global energy flows, with the UAE emerging as a major energy trading hub</li><li>Switzerland has historically been a top location for commodity traders due to its banking secrecy and political neutrality, but the rise of UAE as an oil trading hub is shifting the balance of power in oil markets</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Correspondent Tom Wilson visited Fujairah, a booming port city in the UAE where oil trading has exploded in recent yearsWestern sanctions on Russian oil exports have led to a redirection of global energy flows, with the UAE emerging as a major energy trading hubSwitzerland has historically been a top location for commodity traders due to its banking secrecy and political neutrality, but the rise of UAE as an oil trading hub is shifting the balance of power in oil marketsThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Best Of: How Dubai is reshaping the global oil trade