The Finance Show

Welcome to the sixth episode of The Finance Show, Belgium's podcast for corporate finance news, insights, and career guidance.In this episode:Belgian deals:UCB acquires US biotech Neurona Therapeutics for up to $1.15 billion, expanding its leadership in epilepsy with a cell therapy bet.GBL deploys another €500M to acquire a majority stake in Dutch traffic management specialist BUKO, executing its new direct private assets strategy.Global finance:China blocks Meta's $2 billion acquisition of AI startup Manus, sending a powerful message in the US-China tech race.New episodes every two weeks.(00:00) Introduction(01:36) UCB, $1.15B Acquisition of Neurona Therapeutics(08:29) GBL, €500M Majority Stake in BUKO Group(15:29) Meta-Manus, China Blocks $2B AI Deal(22:52) ConclusionGet free access to the Tracker: ⁠Tracker⁠Check out our website: ⁠The Finance Show Website⁠

Welcome to the fifth episode of The Finance Show, Belgium's podcast for corporate finance news, insights, and career guidance.In this episode:Belgian deals:Charterhouse Capital Partners launches a €270M takeover bid on Animalcare, the British veterinary pharmaceuticals company backed by Marc Coucke.Richemont injects €100.6M into its Belgian subsidiary Delvaux, converting debt into equity to rescue the iconic luxury handbag house.Global finance:Bill Ackman's Pershing Square launches a $64 billion bid for Universal Music Group, the world's largest music company. New episodes every two weeks.(00:00) Introduction(02:25) Animalcare, €270M PE Takeover(09:36) Delvaux, €100M Rescue by Richemont(17:12) Universal Music Group, Pershing Square's $64B Bid(27:23) ConclusionGet free access to the Tracker: TrackerCheck out our website: The Finance Show Website

Welcome to the fourth episode of The Finance Show, your briefing on Belgian and global corporate finance.In this episode:Belgian deals:Keyrock closes a Series C led by Standard Chartered at a $1.1 billion valuation, becoming Belgium's ninth unicorn. We cover the business model, the funding history, and what makes this raise remarkable in a difficult crypto market.Smartfin leads a €20M Series B into OpenUp, a Dutch employee mental health platform. We break down the investment signals and the valuation approach.Elia signs a €2 billion sustainability-linked revolving credit facility. A dive into RCF pricing and syndication.Global finance:SpaceX files confidentially for what could be the largest IPO in history at a $2 trillion valuation. We cover the IPO process, the dual-class share structure, and how you would value a company that is part rocket business, part satellite internet, part AI.New episodes every two weeks.(00:00) Introduction(03:14) Keyrock, Belgium's Eighth Unicorn(13:14) OpenUp, €20M Series B(21:55) Elia, €2 Billion RCF(28:57) SpaceX IPO(35:54) ConclusionGet free access to the Tracker: ⁠Tracker⁠Check out our website: ⁠⁠The Finance Show Website⁠⁠

Welcome to the third episode of The Finance Show, your biweekly briefing on Belgian and global corporate finance.In this episode:Belgian deals: Loop Earplugs raises €50M through a masterclass in capital structure, debt over equity.Belron, the parent company of Carglass, is exploring a potential IPO at a valuation of up to $40 billion, what it means for D'Ieteren, where it lists, and why 2027 is the more realistic timeline.The 2025 M&A league tables are out. BDO leads by volume, KPMG by value. We break down what the rankings tell you about the Belgian market and how to use them to break into the industry.Global finance: Cracks are appearing in the $3 trillion private credit market. Redemption requests are being denied, assets are being sold at discounts, and some of the world's most respected investors are making comparisons to 2008.Analysis, context, and what's next, all in one episode.New episodes every two weeks.(00:00) Introduction(02:13) Loop Earplugs, €50M Raise(09:57) Belron, $40B IPO(19:01) Belgian M&A League Tables 2025(26:16) Private Credit Warning Signs(31:38) ConclusionCheck out our website: The Finance Show WebsiteGet access to the tracker: Tracker

Episode 2: Healthcare Merger, Belgian Delistings, VC Funding & a Hollywood FinaleWelcome to the second episode of The Finance Show, your biweekly briefing on Belgian and global corporate finance.In this episode:Belgian deals: Aedifica secures 80% of Cofinimmo, paving the way for a €12B European healthcare real estate giant. What's Cooking's controlling families offer €88M to delist the Come a Casa group from Euronext Brussels after 40 years and why they're not alone. Syndicate One closes a €22M fund to back Belgium's next generation of tech founders, with two unicorns already in the portfolio. Global M&A: The Warner Bros battle is over. Paramount Skydance wins with a $111B all-cash offer, Netflix walks away and its shares jump 10%. We break down the final bid, the advisors, and what comes next.Analysis, context, and what's next, all in one episode.New episodes every two weeks.

Episode 1: The Finance Show LaunchesWelcome to the first episode of The Finance Show, your biweekly briefing on Belgian and global corporate finance.In this episode:Belgian deals: GBL invests €500M in UK medtech Rayner as part of its healthcare pivot. John Cockerill raises €300M to fund defense and hydrogen expansion. Belgian biotech Agomab goes public on Nasdaq for $200M, choosing US markets over Brussels.Global M&A battle: Netflix's $83B deal for Warner Bros. Discovery faces Paramount's hostile $108B counter-bid. We break down the timeline, the players, and the March 20th shareholder vote that decides everything.Trade policy: US court blocks Trump tariffs, Trump vows new 10% global levy. What it means for markets and corporate strategy.Analysis, context, and what's next, all in one episode.New episodes every two weeks.

The Finance Show is coming!The Finance Show is the one and only podcast dedicated to Belgian corporate finance. It has been created by students for students. If you're curious about the deals and trends shaping Belgium's economy or preparing for corporate finance interviews, this podcast is for you.Every two weeks, the podcast will break down the most important corporate finance news in Belgium and around the world, with the context and insights that actually matter. Expert guest episodes will also feature industry professionals, academics, and leaders sharing their experiences and career advice for those looking to break into the industry.Belgian corporate finance deserves its own dedicated space. This is it.The first episode drops Monday, February 23rd on Spotify.The Finance Show, your one-stop for Belgian corporate finance.