Thu.Sep 19, 2024

article thumbnail

Kiwibot acquires an ad startup to turn its delivery robots into mobile billboards

TechCrunch: M&A

There’s ample opportunity in the form of a mobile billboard. Kiwibot is so convinced of this fact that it plunked down $25 million to purchase Nickelytics. © 2024 TechCrunch. All rights reserved. For personal use only.

IT 215
article thumbnail

Competition Currents: Summer 2024 News Round Up

JD Supra: Mergers

Put down the lemonade and break out the pumpkin spice: summer is coming to an end. And while you were in the pool – or maybe just answering emails poolside – the antitrust agencies showed no signs of a summer slowdown. Before we bid farewell to the warmest months of the year, join us for a look back at some of the antitrust news stories that made headlines this summer.

188
188
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What You Gain With A Niche Recruiter

H. Friedman Search

Niche recruiters are recruiters fully immersed in their particular industry. It’s their responsibility to know everything that is going on within their particular field of expertise. However, niche recruiters can be too broad in scope. What you want is a niche recruiter that specializes in your extremely specific field. For example, there are niche recruiters in sales, yet sales is so broad.

article thumbnail

High anxiety or real opportunity? Distressed M&A in Europe

JD Supra: Mergers

The number of distressed deals reaches record highs as challenging market conditions take their toll - European M&A saw a solid uplift in value in the first half of 2024. Western Europe saw US$390 billion of deals—a rise of 40 percent year on year, while the Central and Eastern European total was US$30 billion, up 25 percent compared with the same period in 2023.

M&A 177
article thumbnail

Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

article thumbnail

Stocks Rally a Day After Fed’s Big Interest Rate Cut

The New York Times: Banking

The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing record.

S&P 145

More Trending

article thumbnail

Bank Mergers: Changes to Review Process Finalized

Deal Lawyers

Earlier this week, the OCC and FDIC both finalized their previously proposed changes to rules regarding business combinations involving national banks and federal savings associations. The DOJ simultaneously announced that it is withdrawing from the 1995 Bank Merger Guidelines. Its 2023 Merger Guidelines are its “sole and authoritative statement across all industries.

Mergers 100
article thumbnail

Planning for Success: Five Considerations for Selling Your RIA

JD Supra: Mergers

Every RIA owner will at some point need to transition their business, whether through internal succession, a sale of the business or otherwise. If the transition could be via a sale, the day to start planning to sell your RIA is the day that it is formed. Originally published in Investment News - September 18, 2024.

Sale 171
article thumbnail

Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports

Global Newswire by Notified: M&A

NEW YORK, NY, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Swifty Global (OTC: DRCR), a company with ambitious growth plans, has signed a binding Letter of Intent to be acquired by Signing Day Sports (NYSE: SGN). Signing Day Sports has initiated a strategic, aggressive buy-and-build acquisition strategy aimed at scaling its business while driving profitable, cashflow-positive growth.

Debt 107
article thumbnail

Earnout Deals Surge in Uncertain Times – What M&A Professionals Need to Know About Earnouts

JD Supra: Mergers

The M&A market has witnessed a major increase in the use of earnout deal terms after 2021. The number of deals with earnout provisions jumped from around 20% in 2021 to 33% in 2023.

M&A 171
article thumbnail

Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

article thumbnail

Untangling credit and liquidity in FX

The TRADE

Central to many discussions on stage at TradeTech FX this week was the need to untangle credit and liquidity in order to allow the buy-side to future proof their trading workflows. Historically market structure in foreign exchange (FX) has lent itself to ISDA-based, direct bilateral trading, meaning buy-side firms – in particular real money firms who don’t have the capabilities to use a prime broker model – are often locked into these relationships with banks based on credit lines.

Broker 96
article thumbnail

8 Steps to Take Before a Successful M&A Exit

JD Supra: Mergers

Most entrepreneurs dream of someday selling their company. There are several steps they should be taking well in advance to ensure a profitable exit. Procopio Partner Bill Eigner identified 8 key steps business owners should take. There are a lot of things that a business owner should do to plan for a successful exit. It’s easy for most people to remember three steps.

M&A 171
article thumbnail

Re-Imagining Zero Trust With an In-Office Experience, Everywhere

Cisco: M&A

Cisco has designed our solution to overcome common obstacles by powering a secure, in-office experience anywhere that builds on Cisco's own zero trust journey.

article thumbnail

Net Working Capital & Purchase Price Adjustments In M&A Deals

JD Supra: Mergers

Net Working Capital (“NWC”) targets and purchase price adjustments are a nearly universal reality in private M&A deals, though often a neglected and misunderstood topic. To greatly simplify, the NWC target is the minimum amount of net working capital which the Buyer requires the acquired company to have at Closing so that the Buyer can operate the business without disruption and the immediate need to add significant cash or take on additional debt.

M&A 171
article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

Rallying Microsoft shares could be forming the troubling 'bear flag' chart pattern

CNBC: Investing

David Keller describes why the recent move higher in Microsoft is not necessarily a sign to buy.

Shares 108
article thumbnail

As Election Looms, Headwinds Brewing for Private Equity Health Care Dealmaking

JD Supra: Mergers

As this fall’s election approaches, headwinds have been brewing in DC and state legislatures for private equity health care dealmaking, many of them with bipartisan support. While a key Senate committee scrutinized patient care ramifications from the Steward Health Care bankruptcy and California passed the first attorney general review of health care acquisitions, the FTC’s muscular opposition to health care roll-ups and noncompetition covenants continues to reverberate.

article thumbnail

Amazon Joins Motion Picture Association

The New York Times: Mergers, Acquisitions and Dive

The Motion Picture Association has been wooing the company for years. The addition gives the group a lot more muscle.

article thumbnail

Land of the rising dissension: Japanese shareholder activism in focus

JD Supra: Mergers

A perfect storm of volatile market conditions and investor demands is brewing in Japan, fostering an environment ripe for increased shareholder activism in 2025 - Global shareholder activism surged in the first half of 2024, reaching a record high according to Barclays' latest Shareholder Activism Review. Barclays tracked 147 activist campaigns globally in the H1 2024, surpassing the previous record of 143 set in the same period of 2018.

Investors 165
article thumbnail

Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

article thumbnail

Battleground stocks: Wall Street is completely divided on these controversial names

CNBC: Investing

September is a historically volatile month for trading. Knowing where the disagreement is can help investors navigate these choppy waters.

Stock 81
article thumbnail

Planning a Transaction in an Election Year? Stay The Course and Get Prepared

JD Supra: Mergers

After slow deal flow last year, 2024 was expected to bring a resurgence in mergers and acquisitions as inflation eased and financing improved. In the first half of this year, transactions in the U.S. increased 6% over the same period in 2023, according to the Pitchbook Q2 2024 Global M&A Report. Though a noticeable improvement, deal activity has not yet grown at the pace that many anticipated, especially in the middle market.

article thumbnail

Bank of England Holds Rates Steady but Signals Gradual Easing

The New York Times: Banking

The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.

Bank 87
article thumbnail

The Attorney-Client Privilege In M&A Transactions - A Decade Later

JD Supra: Mergers

In 2013, then Chancellor Leo Strine determined that under Section 259 of the Delaware General Corporation Law the attorney-client privilege held by the target company follows to the surviving company after a merger. Great Hill Equity Partners IV, LP v. SIG Growth Equity Fund I, LLLP, 80 A.3d 155, 156-58 (Del. Ch. 2013).

M&A 159
article thumbnail

Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

article thumbnail

ATHA Energy Expands Angilak Project by Acquiring Entire Prospective Corridor

Global Newswire by Notified: M&A

HIGHLIGHTS: ATHA Energy has expanded its land package at the Angilak Project, acquiring the entire prospective Lac 50 structural corridor and an.

IT 72
article thumbnail

UK FDI Update: Key takeaways from the latest NSIA Annual Report

JD Supra: Mergers

The third Annual Report on the UK's National Security and Investment Act provides some valuable insights into the review process and how it continues to develop. We explore some of the key metrics and trends and what they mean for investors navigating a regime that has become a standard feature of M&A transactions with a UK nexus.

M&A 152
article thumbnail

Axel Springer Strikes Deal With KKR to Split Up Publishing Giant

The New York Times: Mergers, Acquisitions and Dive

The deal values all of Axel Springer at roughly $15 billion, with the company’s publishing assets worth about $4 billion.

article thumbnail

Guide Through The Mexican M&A Labyrinth: Top 10 Labor and Employment Considerations for Foreign Investors

JD Supra: Mergers

Una versión en español de esta Insight está disponible haciendo clic arriba. For foreign companies contemplating a merger with or acquisition of a Mexican company, understanding the labor landscape is crucial. Mexico’s labor laws, particularly the Federal Labor Law (Ley Federal del Trabajo, or FLL), provide strong protections for workers, which become highly relevant in M&A scenarios.

M&A 152
article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

Wall Street loves the big rate cut. it just needed a day to think about it

CNBC: Investing

The biggest Federal Reserve meeting of the year has come and gone, and investors seem to be giving the central bank top marks.

IT 76
article thumbnail

‘Declaration of Progress’: Biden Hails Fed Rate Cuts

The New York Times: Banking

President Biden hailed the Federal Reserve’s move to begin cutting interest rates during a speech at the Economic Club of Washington.

article thumbnail

This once-obscure power company is a 'unicorn' poised for new highs on data center demand, analysts say

CNBC: Investing

Talen Energy's stock has more than doubled this year.

Stock 106