Cooley M&A

MAY 21, 2021

April 30, 2021) is 125 pages long, but she helpfully digests the holding in a single sentence on page 3: “ Chalking up a victory for deal certainty , this post-trial decision resolves all issues in favor of seller and orders the buyers to close on the purchase agreement.” Chancellor McCormick’s opinion in Snow Phipps Group, LLC, et al.

M&A 40

M&A Debt Private Equity Finance 40

Sica Fletcher

JUNE 20, 2024

This is even more interesting when we view the rate of return for these insurance agencies, which has actually dropped below the cost of acquiring debt for a transaction, creating a negative spread for the first time in M&A history. Deal Volume Has Lowered Deal volume has never quite recovered from the near-record numbers posted in 2021.

M&A 52

M&A Insurance Valuation Equities 52

The TRADE

OCTOBER 24, 2023

In January of this year, the exchange negotiated the early termination of its derivatives clearing agreement with LSEG clearing house LCH SA. In June 2022, Euronext and LCH RepoClear concurrently launched Value at Risk (VaR) methodologies across the respective debt markets they clear, across fixed income, equity and equity derivatives.

Trading 59

Trading Risk Management Equities Management 59

Cooley M&A

APRIL 26, 2022

A scheme of arrangement is the most common structure for acquiring a UK public company when the target’s board is supportive of the deal – accounting for 81% of announced public deals in 2021 (up from 69% in 2020 and 71% in 2019) – and also can be used for private company acquisitions.

Mergers and Acquisitions 59

Mergers and Acquisitions Shares Stock Acquisitions 59

Sica Fletcher

JULY 23, 2024

Since H2 2022, industries across the board (including insurance) have seen declines in deal volume as prospective buyers have withheld their funds for more favorable conditions in which the cost of debt is not so high. This means that they often lack the specialized industry knowledge to effectively negotiate your deal.

M&A 52

M&A Insurance S&P Valuation 52

Cooley M&A

JANUARY 25, 2023

billion, a 36% decrease from 2021’s record high of $1.1 As was the case in 2021, software deals remained the strongest performer within the tech sector, representing approximately 90% of tech M&A deals. billion acquisition of ForgeRock entirely with equity commitments that could be reduced prior to closing with debt proceeds.

M&A 52

M&A Mergers and Acquisitions Private Equity Mergers 52

Cooley M&A

JANUARY 25, 2024

The higher interest rates escalated borrowing expenses, making mega-deals (deals valued at $5 billion or more) significantly more expensive, due to their heavy reliance on debt financing, and impacted valuation multiples with higher discount rates. The aggressive rate hikes contributed to the decline in M&A activity in 2023.

M&A 52

M&A Mergers and Acquisitions Investment Government 52

Cooley M&A

FEBRUARY 3, 2025

There were 19 take-privates of US-listed tech targets by private equity sponsors in 2024, up from 16 in 2023, and even approaching the 21 take-privates announced in each of the boom years of 2021 and 2022. [3] billion acquisition of Smartsheet. billion take-private of R1 RCM by TowerBrook and CD&R.

M&A 59

M&A Mergers and Acquisitions Private Equity Acquisitions 59