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Explore the key drivers influencing equity valuations, M&A transactions, and market activity in 2013. Delve into topics such as funding consolidation, geographical dynamics of deals, leading players in M&A, asset sales trends, and the impact of protectionism on state-level market activities. Gain insights into the performance pressure faced by Australia's mining sector, the rise of speculators in the rare earth metals market, and the storage play scenario between Vlissingen and Detroit in the aluminum industry.
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SMEWhat Trends are Driving Equity Valuations and M&A Transactions Todd Sibilla
Geopolitical Landscape • Consolidation based on Funding • Geography of the Deals • Who is leading MA and Why? • Are Asset Sales going to continue? • Protectionism @ State Level
Growth of Speculators • Dutch City of Vlissingen now rivals Detroit for Aluminum – STORAGE PLAY • Glencore subsidiary owns 40 0f 42 bins in Vlissingen and Goldman Sachs 29 of 37 Detroit • LME beginning to require base delivery levels from large warehouses…Netherlands is roughly half or Europe inventory