Global Newswire by Notified: M&A

APRIL 1, 2024

in cash per common share. billion, including the merger consideration for the common stock, redemption of Daseke’s Series B preferred stock, payoff or assumption of Daseke’s Series A preferred stock and outstanding debt, net of cash, and estimated transaction fees and expenses.

Transportation 40

Transportation Mergers and Acquisitions Shares Acquisitions 40

Sun Acquisitions

APRIL 26, 2024

Debt Financing: The Double-Edged Sword Debt financing is a standard route for companies pursuing M&A, offering the allure of leveraging existing assets to fund the transaction. High debt levels can burden the newly formed entity with interest payments, impacting its financial flexibility.

Mergers and Acquisitions 59

Mergers and Acquisitions Finance Finance Mergers 59

Wall Street Mojo

JANUARY 17, 2024

The critical feature of convertible securities is the option it provides to the holder to convert their securities into a predetermined number of shares of the underlying issuer’s common stock. Convertible securities combine features of both debt and equity instruments. What Are Convertible Securities?

Securities 98

Securities Investors Shares Financial Models 98

MergersCorp M&A International

JULY 5, 2024

Convertible bonds are a type of security that offers a steady stream of income but also holds the potential for capital appreciation in the form of a stock. Therefore, in the case that the company performs well, and the stock price climbs above the conversion price investors can convert their bonds into shares and capitalize on the growth.

Debt 52

Debt Stock Initial Public Offering Capital 52

Presser & Co

MAY 22, 2023

But on the stock market you only hear of share prices or market capitalisation, which represent equity value. Put simply, enterprise value = equity value + debt – cash. The more the value of debt, the less the value of equity. So what is enterprise value and how does it differ from equity value?

Equities 52

Equities Debt M&A Shares 52

Cooley M&A

JANUARY 19, 2023

The Inflation Reduction Act imposes a 1% excise tax on certain repurchases of stock of publicly traded US corporations (“Covered Corporations”) effected after December 31, 2022 (the “Excise Tax”). [1] because SPAC sponsor shares are forfeited and not entitled to receive any distributions upon liquidation).

M&A 52

M&A Capital Market Stock Mergers and Acquisitions 52

OfficeHours

JUNE 30, 2023

this buyout will be a private takeover), you may instead be given (or have asked for) the share price and number of shares outstanding. To go from equity value to enterprise value, add the net debt (debt minus cash) of the company to equity value. On the source side, you will have two lines: debt and equity.

Private Equity 130

Private Equity Equities Debt Recruitment 130

OfficeHours

JUNE 6, 2023

It has become a preferred choice for investors seeking attractive returns and diversification from traditional investment options such as stocks and bonds. Private equity firms also invest in distressed debt or provide private debt financing.

Private Equity 147

Private Equity Equities Debt Investment 147

Francine Way

JULY 10, 2017

Do they have the cash of debt/equity capacity to bid aggressively? The status of the acquirer’s own share price will impact its acquisition currency. In other words, the company or its other shareholders can buy back a shareholder’s outstanding shares at a predetermined valuation (typically less than a 3rd-party acquisition).

Valuation 130

Valuation M&A Equities Shares 130

RKJ Partners

AUGUST 6, 2017

Typically the cost of such capital is interest, along with principal, paid over a fixed period of time (generally 24-48 months, depending on the company's risk profile) and a small pledge of stock warrants. Milestone Tranches – Many venture debt providers will allow you to draw down the money you borrow in multiple allocations.

Debt 40

Debt Capital Raising Capital Equities 40

Wall Street Mojo

JANUARY 15, 2024

Liabilities come next, divided into current liabilities (like debts and payables) and long-term liabilities (e.g., They can be in bond investment or capital stock Capital Stock The capital stock is the total amount of share capital (including equity capital and preference capital) that has been issued by a company.

Accountant 98

Accountant Financial Statement Debt Financial Models 98

OfficeHours

OCTOBER 16, 2023

The shares of the company are bought out and delisted from the public stock exchange that the company trades on. Once the terms are agreed upon, the acquisition is financed through a combination of debt and equity from the PE firm, as with a typical transaction.

Investors 100

Investors Private Equity Equities Debt 100

Mergers and Inquisitions

NOVEMBER 20, 2024

The company is a leader in the nonalcoholic beer market, with almost 20% market share currently. A: Unlike most PE deals, traditional growth equity deals do not use debt and are for minority stakes in companies, but they often have more “structure” via liquidation preferences and preferred stock.

Private Equity 59

Private Equity Equities Capital Valuation 59

The TRADE

JUNE 9, 2023

As reported earlier this week, UBS Group’s takeover of Credit Suisse Group is expected to close as early as next Monday 12 June, dependent on registration statement (share approval from the US Securities and Exchange Commission) and other closing conditions. Credit Suisse shareholders are set to receive one UBS share for every 22.48

Government 58

Government Shares Debt Portfolio 58

Sun Acquisitions

FEBRUARY 28, 2024

If you have substantial cash reserves, you may opt for an all-cash deal, reducing debt burden and interest costs. Debt Financing Debt financing involves borrowing money to fund the acquisition. It can be attractive if interest rates are low, and your cash flow can support the debt service.

Finance 59

Finance Finance Acquisitions Business 59

Software Equity Group

AUGUST 24, 2023

Recapitalization is a process of restructuring a company’s debt and equity mix, also known as its capital structure. In practice, this often involves issuing new shares of common or preferred stock to raise additional capital and may involve existing shareholders selling their shares. What is Recapitalization?

Debt 52

Debt Equities M&A Investors 52

Francine Way

MAY 18, 2017

The concept can be extended to corporation: equity owners (shareholders) own the company alongside debt holders (banks). As we mentioned in the past, equity is the most expensive form of capital (compared to debt with tax-deductible interest). The acquisition will be 100% cash, paid for with debt at 4% interest rate.

M&A 130

M&A Equities Financial Statement Debt 130

OfficeHours

OCTOBER 23, 2023

The shares of the company are bought out and delisted from the public stock exchange that the company trades on. Once the terms are agreed upon, the acquisition is financed through a combination of debt and equity from the PE firm , as with a typical transaction.

Investors 130

Investors Private Equity Equities Investment 130

Focus Investment Banking

JANUARY 18, 2024

stock markets are at or near their all-time highs. While the company generated over $260 million in revenues through the first three quarters of 2023, its stock price is trading under a dollar a share, as the company is burdened with substantial debt. As 2024 starts, the U.S. It seems that the trend is to stay private.

IPO 52

IPO Consulting Corporate Finance Professional Services 52

The TRADE

JUNE 5, 2023

UBS Group’s takeover of Credit Suisse Group is expected to close as early as Monday 12 June (2023), dependent on registration statement (share approval from the US Securities and Exchange Commission) and other closing conditions. Credit Suisse shareholders are set to receive one UBS share for every 22.48

Shares 52

Shares Risk Management Business Debt 52

Mergers and Inquisitions

MAY 3, 2023

The main argument in favor of the DDM is that it best represents what happens in real life when you buy a stock. In other words, you profit based on the company’s dividend s and the potential increases in its stock price over time. Otherwise, the written version follows: Why Use a Dividend Discount Model?

Valuation 64

Valuation DCF Debt Financial Models 64

TechCrunch: M&A

JULY 27, 2023

Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. Klarna , once Europe’s most valuable VC-backed company, suffered an 85% valuation cut, from $45.6 billion to just $6.7

Finance 216

Finance Finance IPO Debt 216

Cooley M&A

SEPTEMBER 16, 2024

A key feature of a merger of equals transaction is that stock consideration is issued to the stockholders of one or both companies on a tax-deferred basis [2]. Often, the relative valuation of each company is divided by the “fully diluted” shares outstanding of such company to arrive at a deemed per-share valuation.

Mergers 52

Mergers Mergers and Acquisitions Valuation Stock 52

The Deal

JANUARY 25, 2024

billion in stock and assumed debt announced Monday, Jan. and with Groce represented NuStar on a $223 million stock offering in August. Sunoco shares for each NuStar common unit, a 24% premium based on the companies’ 30-day volume-weighted average prices as of Jan. Vlahakos, Angela T. Richards and Tanner L. O’Maley and E.

Sale 52

Sale Transportation Finance Finance 52

The Deal

JUNE 22, 2023

billion in cash and stock announced June 12. million shares of its common stock for Adenza, which will give the target’s owners led by Thoma Bravo a 14.9% billion of debt issued before the deal’s closing, which the parties hope will occur in six to nine months. (NDAQ) turned to regular outside counsel David K.

Private Equity 98

Private Equity S&P Equities Finance 98

The TRADE

JANUARY 16, 2024

The new firm – Panmure Liberum – will be a market maker in over 750 stocks with all-cap execution capabilities and have over 250 quoted corporate clients with market cap of £250 million. The new combined entity will have offices in Cambridge, Guernsey, Leeds, London, and New York.

Investment Banking 110

Investment Banking Mergers Bank Banking 110

The Deal

FEBRUARY 6, 2024

billion in cash and stock announced Monday, Jan. shares per McGrath share, with 60% of the consideration in cash and 40% in stock. The buyer will pay $3 billion for the target’s equity and assume $800 million in debt. MGRC) for $3.8 WillScot will pay $123 in cash or about 2.82

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Finance Finance 52

Francine Way

JULY 12, 2017

Calculate cost of debt, cost of equity, and weighted average cost of capital (WACC). Calculate the Equity Value and the per-share Equity Value - this number would serve as the base case share price valuation. For interest income and expense, I prefer to state them as percentages of the average debt balance of the last two years.

Discounted Cash Flow 130

Discounted Cash Flow Valuation M&A DCF 130

Francine Way

JULY 14, 2017

Calculating implied transaction Total Enterprise Value (TEV) from the company’s most recent financial data and Consideration Per share. The next (2nd) step in Precedent Transaction calls for the calculation of our own proposed transaction’s TEV from the company’s most recent financial data and Consideration Per Share.

Valuation 130

Valuation M&A Shares DCF 130

Software Equity Group

SEPTEMBER 17, 2024

While significant tax differences exist among them, C Corps, S Corps, and LLCs share some standard features to know before digging into comparison details. If your business faces financial difficulties, creditors typically cannot pursue your personal assets to satisfy business debts. C Corp vs. S Corp vs. LLC: How Do They Compare?

M&A 52

M&A Corporation Stock Investors 52

Cooley M&A

APRIL 26, 2022

A majority vote means both a majority by headcount of the shareholders voting at the scheme meeting (either in person or by proxy), and that the shareholders voting in favour of the scheme hold at least 75% in the value of the shares represented at the meeting. Can you offer share consideration in a scheme?

Mergers and Acquisitions 59

Mergers and Acquisitions Shares Stock Acquisitions 59

Razorpay

AUGUST 20, 2024

LLCs or Limited Liability Companies are businesses where the owners are protected against business debts or financial losses as the business is treated as a separate entity from the owners. Public Limited Company It is a type of entity defined in the Companies Act 2013 as an entity whose shares can be held by the general public.

Accountant 52

Accountant Business Corporation Capital 52

Wall Street Mojo

JANUARY 17, 2024

read more like investors, shareholders Shareholders A shareholder is an individual or an institution that owns one or more shares of stock in a public or a private corporation and, therefore, are the legal owners of the company. The ownership percentage depends on the number of shares they hold against the company's total shares.

Accountant 98

Accountant Finance Finance Profitability 98

Lake Country Advisors

AUGUST 8, 2024

It is calculated by multiplying the current share price by the total outstanding shares. This metric provides a quick snapshot of a company’s total equity value as perceived by the stock market. Market capitalization is helpful for comparing the relative sizes of different companies within the same industry.

Valuation 97

Valuation Discounted Cash Flow S&P DCF Analysis 97

Shearman & Sterling

AUGUST 15, 2017

per share significantly undervalued the stock of DFC. per share, 8.4% per share, by giving equal weight to: (1) the deal price, (2) a comparable companies analysis, and (3) a discounted cash flow analysis. Strine, Jr., DFC Global Corp. Muirfield Value Partners, L.P., 518, 2016 (Del. higher than the deal price of $9.50

Discounted Cash Flow 52

Discounted Cash Flow Private Equity Shares Debt 52

The TRADE

JULY 29, 2024

Previously in his career he worked for the London Stock Exchange Group, including as a market risk analyst at LCH. Before her stint with Liquidnet, London-based Jacobs worked on the debt restructuring team for fixed income at M&G Investments. Outset Global appointed William Bradley managing director within its London office.

Asset Management 63

Asset Management Equities Trading Sale 63

Software Equity Group

SEPTEMBER 24, 2024

Since SEG often helps facilitate term sheet discussions, we’ll also share some practical guidance on how to negotiate them and a term sheet template to show you what they look like. That’s because–assuming a cash-free, debt-free structure–anything defined as indebtedness reduces your company’s valuation dollar-for-dollar.

Negotiation 52

Negotiation Business M&A Valuation 52