The World Economic Forum just released its 2016 Business of the Year, and while it’s hard to ignore that the most powerful corporations in the world are also the most secretive and opaque in the business, it’s worth paying attention to the most recent batch of big-money deals that will shape the next decade of the world economy.
The big three are:1.
China’s state-owned coal giant, CNOOC (China National Offshore Oil Corp.)2.
Bank of America (NYSE: BAC)3.
JPMorgan Chase (NYSE “JPM”)The top five deals of the year include:1) The $2.4 trillion deal to buy Royal Dutch Shell Plc, which will transform the world’s largest oil and gas company into one of the largest and most powerful in the oil-and-gas business.
The deal has been a boon for both companies, with Shell’s net profit at $9.5 billion in the first quarter, compared to a $5.5-billion loss for Royal Dutch in the same quarter.
The company is the biggest in the industry by market cap, and is poised to become the world leader in oil and natural gas production in coming years.
Shell is also a big beneficiary of the shale gas boom, which has created thousands of new jobs.
Shell and the other top three are also big beneficiaries of China’s economic reforms, which are likely to put an end to years of political and social turmoil that saw the ruling Communist Party fall in 2012.2.
The $4.7 trillion deal that gave Comcast Corp. (NASDAQ: CMCSA) its biggest merger ever, with Charter Communications (NASC).
Comcast’s $45 billion merger with NBCUniversal will combine the nation’s two largest cable networks, with NBC gaining the largest number of subscribers, and Charter getting the second largest.
The combined company is also likely to become one of America’s biggest cable operators.3.
The mega-deal to acquire Time Warner Inc. (NYSE, TWC), the biggest media company in the United States, and the biggest entertainment company in history.
The proposed $85 billion deal will bring together HBO, Warner Bros. Studios, Paramount Pictures and other studios.
It will be one of Time Warner’s most lucrative acquisitions ever.4.
The nearly $2 trillion deal between Microsoft Corp. and Walt Disney Co. (WWDC) that will transform Microsoft into the most valuable publicly traded company in U.S. history.
Microsoft is the most profitable company in America by revenue, and its stock price is up nearly 60% over the past year.
The agreement will be the biggest deal of the decade for both parties.5.
The record-breaking $8.2 trillion merger between Apple Inc. and Google Inc. that will give Google access to the world of Apple’s most valuable product, the iPhone.
Google has already been the most important player in the smartphone market for decades, and this transaction could provide the company with unprecedented growth.6.
The multi-billion dollar deal that allowed Walmart to acquire Whole Foods Market (NASD: WMT) for $2 billion in cash and stock, as well as the deal that gives Amazon.com Inc. a foothold in the U.K. market.
Amazon’s purchase of Whole Foods is an amazing story, but the most significant piece of this deal is that it will transform Walmart into one the world “biggest retailers” by market value.
Walmart is a major player in grocery, but also in consumer goods.7.
The unprecedented $6.9 trillion merger that will allow AT&T Inc. to merge with Time Warner, a deal that has been rumored for months and that was finally announced today.
This deal will give AT&