Deal Analysis

Local notes on deals worth studying.

Four deal write-ups pulled into the portfolio experience, with each card opening into a local page for the thesis, transaction logic, and original Substack source.

Media

MAY16

Paramount / Warner Bros. Discovery

A contested media consolidation where Paramount beat Netflix with a cleaner all-cash offer and a larger regulatory bet.

Burbank

United States

TMT

APR7

Intel / Apollo Ireland Fab

Intel's move to regain full ownership of its Irish semiconductor plant after selling a stake to Apollo.

Intel processor inside a desktop computer

Leixlip

Ireland

Sports PE

APR15

RedBird / AC Milan

RedBird's acquisition of AC Milan as a platform for media, stadium, and global sports-rights monetisation.

Milan

Italy

Energy

APR25

Clearlake / Qualus

A grid-infrastructure deal tied to electrification, data-centre demand, renewables, and resilient power systems.

Lake Mary

United States