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India Will Scrap 2,000 Rupee Notes, Echoing 2016 Demonetization

The New York Times: Banking

The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.

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Roblox acquires voice moderation startup Speechly

TechCrunch: M&A

The Helsinki, Finland-based startup Speechly was founded in 2016 with the […]

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Pilule empoisonnée rétroactive : l’Alberta Securities Commission prononce une interdiction d’opérations

JD Supra: Mergers

Introduction - Le 6 novembre 2024, lAlberta Securities Commission (l ASC ) a rendu une ordonnance qui tablit un prcdent important relativement lexamen des rgimes de droits des actionnaires dans le sillage des modifications apportes en 2016 au rgime canadien des offres publiques dachat.

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State Street’s $7.45MM OFAC Penalty Highlights Importance of Sanctions in M&A Due Diligence

JD Supra: Mergers

million penalty against State Street Bank and Trust Company and its non-bank, fintech subsidiary Charles River Systems for 38 apparent violations of the Ukraine/Russia-Related Sanctions Regulations, which occurred between December 2016 and May 2020. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has released a $7.45

M&A 188
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Delaware Supreme Court Upholds Tesla's 2016 Acquisition of SolarCity Under Entire Fairness Test

JD Supra: Mergers

On June 6, 2023, in a unanimous decision written by Justice Karen L. Valihura, the Delaware Supreme Court affirmed the Court of Chancery’s April 27, 2022, opinion in In re Tesla Motors, Inc. Stockholder Litigation. By: McGuireWoods LLP

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Healthcare & Life Sciences Private Equity Deal Tracker: KKR Acquires SunFire

JD Supra: Mergers

SunFire, founded in 2016 and based in Carlisle, Mass., KKR has acquired SunFireMatrix, according to a news release. is a software and services company providing solutions for the Medicare insurance market. By: McGuireWoods LLP

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Ron Baron sees Tesla worth $5 trillion in 10 years, says Musk eyeing $30 trillion value one day

CNBC: Investing

The Baron Capital chair and CEO first invested $400 million in Tesla between 2014 and 2016, and he said the early bet has made him $6 billion so far.

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