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Earnouts Back on the Rise in M&A Transactions: What Purchasers, Sellers and Lenders Need to Know

JD Supra: Mergers

Earnouts are most common when the volume of merger and acquisition activity falls, whether due to a recession (e.g., the 2008–2010 recession) or other external factors like the current increase in interest rates coupled with tight credit markets.

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Mars ‘agrees $30bn deal to buy Pringles maker Kellanova’

The Guardian: Mergers & Acquisitions

All-cash offer would dwarf 2008 takeover of Wrigley by Mars but could face scrutiny from watchdogs Mars, the chocolate to pet food group, has reportedly struck a $30bn (£23.4bn) deal to buy Kellanova, the maker of Pringles and Pop-Tarts. Continue reading.

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CMA to investigate £2.9bn takeover of Virgin Money by Nationwide

The Guardian: Mergers & Acquisitions

Watchdog opens first stage of merger process to examine whether deal would lead to less competition Business live – latest updates The UK competition regulator has launched an inquiry into the £2.9bn takeover of Virgin Money by the rival lender Nationwide Building Society. Continue reading.

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I should cocoa: how Hotel Chocolat became a £534m prize for Mars

The Guardian: Mergers & Acquisitions

We wanted to get close to the origins of chocolate,” he said in a company video in 2008. “It The book inspired Thirlwell in 2006 to buy the 101-hectare (250-acre) cocoa estate in St Lucia. “We It just made sense to do the opposite of everyone in the industry.” Continue reading.

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Credit Suisse: Bank of England won’t object to takeover as UBS considers $1bn bid

The Guardian: Mergers & Acquisitions

Banks race to finish takeover to calm fears of new global financial crisis Millions paid in bonuses to UK SVB staff days after £1 rescue Bank runs, bailouts, rescues: are the ghosts of 2008 rising again?

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JP Morgan to snap up most of First Republic

The Guardian: Mergers & Acquisitions

US banking titan to buy ‘all deposits and substantially all assets’ of failed bank in deal brokered by regulators JP Morgan is to acquire most of the failed California bank First Republic, in a takeover brokered by regulators as the US races to contain a series of banking failures that has echoes of the 2008 global financial crisis.

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The Collapse of Silicon Valley Bank: The Start of Great Financial Crisis 2.0?

Mergers and Inquisitions

history and the largest bank to collapse since 2008. Why bank regulations , including those passed after the 2008 financial crisis, failed to prevent this. Yes, it does, and the LCR was created in the aftermath of the 2008 financial crisis specifically to prevent bank runs. appeared first on Mergers & Inquisitions.

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