Shearman & Sterling

AUGUST 15, 2017

518, 2016 (Del. Strine, Jr., reversed and remanded an appraisal ruling that had determined the buyout of DFC Global Corporation ("DFC") by private equity investor Lone Star at $9.50 per share significantly undervalued the stock of DFC. DFC Global Corp. Muirfield Value Partners, L.P., per share, 8.4% per share, 8.4%

Discounted Cash Flow 40

Discounted Cash Flow Private Equity Shares Debt 40

Focus Investment Banking

SEPTEMBER 10, 2024

The rise of plant-based alternatives has impacted traditional dairy sales, but the industry remains strong. The North American ice cream market is currently valued at $22 billion in retail sales, with a projected growth rate of 3.4% The ice cream division, which posted sales of $8.57 CAGR through 2027. It saw growth of 0.6%

Food 52

Food Private Equity Business Sale 52

Focus Investment Banking

MARCH 28, 2024

Introduction Beginning around 2016, innovative PE groups began acquiring large ophthalmology practices and formed Physician Practice Management (“PPM”) companies around them. Some PPMs have gotten very large, with partnerships across a broad geographic area and valuations likely north of $1B.

Private Equity 52

Private Equity Equities Valuation Acquisitions 52

Growth Business

AUGUST 22, 2023

This valuation is either achieved through an equity financing round or via financial performance indicators. In August 2021, ZEPZ raised $292m in a funding round which saw its valuation increase to $5bn. #7 12 – Graphcore Value: $2.8bn Founded: 2016 What do they do? 20 – Multiverse Value: $1.7bn Founded: 2016 What do they do?

Insurance 52

Insurance Bank Banking Funds 52

Cooley M&A

JULY 9, 2021

In the Delaware appraisal decisions that have followed, the court has consistently found deal price (minus synergies) to be the most reliable indicator of fair value, so long as there was a sufficiently robust sales process that bore “objective indicia” of reliability. Pre-Payment of Appraisal Award Non-Refundable. Conclusion.

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Shares Entertainment 52

Cooley M&A

FEBRUARY 8, 2018

280G Gross-Ups in Public Company Sales. Despite the “say on pay” environment and the elimination of virtually all 280G gross-ups in executive employment arrangements, we continue to see target boards approving full or partial 280G gross-ups for executives in connection with public company sales. indemnification, earn-out, fraud, etc.)

M&A 52

M&A Mergers and Acquisitions Mergers Negotiation 52

Cooley M&A

DECEMBER 3, 2019

We are also seeing an increase in “no seller indemnity deals”, which Aon estimates to have increased from 12% to 26% of all R&W insurance deals from 2016 to 2018 and, if our experience this year is consistent with that of the broader market, we think those numbers will be even higher for 2019. Premium and Key Terms. Conclusion.

Insurance 40

Insurance Underwriting Mergers and Acquisitions M&A 40

Growth Business

MARCH 1, 2024

After a period of approximately three to seven years the company would seek an exit, either in the form of a sale to another buyer or a public listing. Capital is available, valuations have started to normalise and the debt markets are still supportive – albeit with greater scrutiny and higher costs.

Private Equity 59

Private Equity Equities Investment Business 59

Cooley M&A

JANUARY 25, 2023

Amid depressed valuations, biotechnology companies also saw an increasing number of demands from activist investors that in certain cases led to more deal activity. For example, the sale of Horizon Therapeutics to Amgen for approximately $28 billion was the third-largest all-cash transaction in the pharmaceutical sector in history.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Collaboration 40

Transactional Delights

JANUARY 15, 2021

Prior to negotiations with the buyers, in 2016 CLCT contacted over 100 potential acquirers as part of its review of strategic alternatives [3]. During negotiations with Turner, one other family office dropped out of the biddings due to concerns with CLCT’s valuation. 1] No tender does. [2] 2] Even 5% is high.

Mergers and Acquisitions 40

Mergers and Acquisitions Shares Negotiation Mergers 40

Devensoft

JUNE 20, 2023

Valuation methods can include discounted cash flow analysis, comparable company analysis, and precedent transaction analysis. Here are some examples of successful M&A deals: Microsoft’s Acquisition of LinkedIn In 2016, Microsoft acquired LinkedIn , the world’s largest professional networking site, for $26.2

M&A 52

M&A Corporation Mergers and Acquisitions Mergers 52

Growth Business

DECEMBER 1, 2023

Founded in 2016 by former Barclays chief executive Antony Jenkins, 10x was valued at about £600 million in 2021 when it raised £150 million. In February 2022, GoCardless announced a Series G funding round of £254m ($312m), making it the latest European and UK tech unicorn with a valuation of £1.7bn ($2.1bn).

Banking 79

Banking Bank Business Engineering 79

Cooley M&A

JANUARY 20, 2022

Midsize pharmaceutical buyers pursuing opportunistic acquisition strategies, with robust capital markets and high valuations having limited the pool of attractive assets available in recent years. A healthy 90 biopharma M&A transactions were announced in 2021 (compared to 69 in 2020 and 70 in 2019, the most transactions since 2016).

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Mergers 40

Cooley M&A

FEBRUARY 15, 2017

The overall number of M&A deals in 2016 increased by 1% compared to the year before (Thomson Reuters), but this fact did not grab headlines because the dollar value of M&A deals fell by 16%, mostly due to a significant drop in blockbuster deals. Tech was the second busiest M&A industry in 2016 behind energy.

M&A 40

M&A IPO Pharmaceutical Valuation 40