Total Purchasing Battery Maker Saft in $1.1 Billion Deal

Total Purchasing Battery Maker Saft in $1.1 Billion Deal

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Business, Architecture, Health Sciences, Physics, Science, Performing Arts, Biology

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Hard

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The transcript discusses the market cap of a company and its involvement in clean energy, particularly lithium batteries. It highlights the acquisition of Sun Power and the trend of declining energy prices. The conversation shifts to the lack of significant energy deals in 2015 due to hedging strategies. The challenges in the energy sector, including failed deals like Halliburton and Baker Hughes, are examined. The impact of fluctuating oil prices and the preference for stock deals over cash in energy transactions are also discussed.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the market cap mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What acquisition did the company make in 2011?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What trend is observed in the oil industry according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the lack of big deals in the energy sector in 2015?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current situation regarding the deal between the companies mentioned?

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