JD Supra: Mergers

MAY 29, 2024

The Bank of England’s Financial Policy Committee (FPC) and the Prudential Regulation Authority (PRA) recently delivered a series of speeches1 raising their concerns about the evolution of private equity financing and the banking sector’s exposure to the private equity industry. On 23 April, the PRA released a Dear Chief Risk Officer letter outlining the findings of the PRA’s thematic review into private equity financing activities (the CRO Letter and, together with the FPC Speech and the PRA.

Private Equity 275

Private Equity Finance Finance Equities 275

TechCrunch: M&A

MAY 29, 2024

DevOps startup Harness has shown itself to be an ambitious company, building a broad platform of services while also dabbling in M&A when it made sense to fill in functionality. On Wednesday, the company announced it was ready for a much bigger M&A bite, acquiring feature flag startup Split.io for an undisclosed amount of money. […] © 2024 TechCrunch.

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IT M&A Mergers and Acquisitions Acquisitions 230

JD Supra: Mergers

MAY 29, 2024

My colleagues published an important piece recently about the potential impact that the FTC's proposed non-compete ban might have on M&A transactions and private equity investments. The upshot of this piece, which should be read in conjunction with our prior article describing the rule in detail, explores what business needs to know about the rule's exceptions for “bona fide” sales of business.

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Private Equity Investors M&A Sale 172

Deal Lawyers

MAY 29, 2024

In our latest Deal Lawyers Download Podcast, SRS Acquiom’s Kip Wallen joined me to discuss his firm’s 2024 M&A Deal Terms Study.

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M&A Valuation 113

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Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

Business

JD Supra: Mergers

MAY 29, 2024

The US appears likely to enter a default cycle in the near future, according to senior fund managers and economists. A recent bout of M&A transactions involving chapter 11 cases point in the same direction. Taking deals involving bankruptcy cases as a proxy for distressed M&A, 16 such transactions were announced in the US in Q1, up 14.3 percent year on year, according to Dealogic.

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JD Supra: Mergers

MAY 29, 2024

While class actions are well established in the US, they are increasingly common in the UK, driven by market volatility, availability of litigation funding, legal reforms, regulatory settlements, and growing scrutiny of companies by consumers, investors, and activists.

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Corporation Funds Investors 172

The TRADE

MAY 29, 2024

DTCC experienced system issues within its DTC and NSCC night cycle processing on the first day of T+1, Global Custodian has learnt. The issue was described by sources as having minor impact, and is in line with ‘expected teething issues’ anticipated by the US market infrastructure. DTCC has issued a notice to market participants that a system issue had occurred, but according to sources at a number of custodians, transactions were still processed in accordance with the DTCC deadlines for settlem

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Trading IT 98

JD Supra: Mergers

MAY 29, 2024

The high yield bond markets in the US and Europe sprang back to life in Q1 2024, with issuance showing strong gains after a slow 2023. US high yield bond issuance for Q1 2024 came in at US$68.6 billion, almost doubling the US$35.2 billion raised a year ago in Q1 2023, and more than double the issuance of the US$33.4 billion recorded in Q4 2023.

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The New York Times: Mergers, Acquisitions and Dive

MAY 29, 2024

The takeover is the latest in a wave of consolidation sweeping the oil industry, with the biggest players rushing to acquire smaller rivals.

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Mergers and Acquisitions Corporation Acquisitions Mergers 112

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.

Bank

JD Supra: Mergers

MAY 29, 2024

Sur le marché canadien, les opérations de transformation en société fermée surpassent depuis quelque temps les premiers appels publics à l’épargne. En 2023 seulement, la capitalisation boursière des sociétés ouvertes « transformées en sociétés fermées » a représenté globalement environ 12,5 G$ CA. Une partie importante de ces opérations, particulièrement celles qui ont été menées par des promoteurs de capital-investissement, comprenaient une composante de participation « par roulement ».

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Capital 167

CNBC: Investing

MAY 29, 2024

Investors searching for income can find some bargains in dividend stocks, according to Ben Kirby, co-head of investments at Thornburg Investment Management.

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Stock Investment Manager Trading Investors 104

JD Supra: Mergers

MAY 29, 2024

In a decision with significant implications for private equity firms and minority investors, on May 13, 2024, the US District Court for the Southern District of Texas dismissed the Federal Trade Commission’s (FTC) suit against a fund of private equity firm Welsh, Carson, Anderson & Stowe (Welsh Carson) that is a minority investor in US Anesthesia Partners, Inc.

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Private Equity Equities Investors Funds 167

CNBC: Investing

MAY 29, 2024

Following a decade of flat load growth, artificial intelligence data centers and electric vehicles are driving an acceleration in electricity demand.

Stock 103

Stock 103

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IT

JD Supra: Mergers

MAY 29, 2024

In a prior post, we discussed the Federal Trade Commission’s (“FTC”) lawsuit against U.S. Anesthesia Partners (“USAP”) and the private equity firm Welsh, Carson, Anderson & Stowe (“Welsh Carson”). Most recently, the U.S. District Court for the District of Texas denied USAP’s motion to dismiss the case while at the same time denying the FTC’s request for a permanent injunction against Welsh Carson and granting Welsh Carson’s dismissal motion.

Private Equity 167

Private Equity Equities Trading 167

Cisco: M&A

MAY 29, 2024

Get ready to go beyond and explore new paths to success with partner managed-ready solutions designed to enable greater efficiency, operational scale, innovation, and open new market opportunities!

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Management 96

JD Supra: Mergers

MAY 29, 2024

The Canadian market has seen take-private transactions outpace initial public offerings recently, with public companies having an aggregate market capitalization of approximately C$12.5 billion “going private” in 2023 alone. A significant portion of these take-private transactions, particularly those led by private equity sponsors, have included an equity rollover component.

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M&A Initial Public Offering Private Equity Equities 167

CNBC: Investing

MAY 29, 2024

The meme stock rally may have lost steam, but some familiar names from the frenzy are once again among the most shorted stocks in the market.

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Stock 103

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.

Finance

JD Supra: Mergers

MAY 29, 2024

On May 23, 2024, the New York Court of Appeals reversed the dismissal of breach of fiduciary duty claims brought by former shareholders of a fantasy sports company (the “Company”) against its directors and other defendants following a merger. Eccles v. Shamrock Capital Advisors, LLC, No. 49 (N.Y. May 23, 2024).

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Mergers Capital IT 161

CNBC: Investing

MAY 29, 2024

This battery systems stock could grow alongside the rise of AI data center demand, the firm said.

Stock 109

Stock 109

JD Supra: Mergers

MAY 29, 2024

Mergers and acquisitions (M&A) are pivotal moments in a company’s lifecycle, offering pathways to strategic growth and market expansion. Success is dependent on managing M&A activities effectively, focusing on growth objectives and the critical role of legal due diligence.

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M&A Mergers and Acquisitions Mergers Acquisitions 161

CNBC: Investing

MAY 29, 2024

More investors worry Nvidia is overvalued after its latest leg up post-earnings results.

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IT Profitability Investors 113

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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.

Manufacturing

JD Supra: Mergers

MAY 29, 2024

Dealmaking in the global financial services sector posted an uptick in activity during the first quarter of the year. This rebound is especially significant given the market headwinds the sector has faced over the past few years. Persistently high interest rates, macroeconomic volatility and tough financing conditions saw 2023’s annual deal value sink to its lowest figure in six years.

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Financial Services Finance Finance IT 161

Global Newswire by Notified: M&A

MAY 29, 2024

HouseWorks to Partner with Leading Brands Companions and Homemakers and Companions Forever HouseWorks to Partner with Leading Brands Companions and Homemakers and Companions Forever

Acquisitions 81

Acquisitions 81

JD Supra: Mergers

MAY 29, 2024

The United Kingdom’s Digital Markets, Competition and Consumers Act (the Act) received royal assent on 24 May 2024. The Act introduces wide-ranging amendments to the UK competition and consumer law regimes that expand the powers of the UK’s competition authority — the Competition and Markets Authority (CMA) — and significantly alter the merger control and antitrust investigation processes.

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Mergers 155

The New York Times: Mergers, Acquisitions and Dive

MAY 29, 2024

ConocoPhillips has agreed to buy Marathon Oil for $22.5 billion, as consolidation in the U.S. energy sector shows little sign of slowing down.

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M&A Mergers and Acquisitions Corporation Acquisitions 84

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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.

Healthcare

JD Supra: Mergers

MAY 29, 2024

DOJ's Most Recent Monopolization Case Reflects Several Agency Priorities Including Expansion of Section 2 to Respond to Headline-Grabbing Popular Demands.

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CNBC: Investing

MAY 29, 2024

United Airlines and Apple were among the stocks being talked about by analysts on Wednesday.

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Stock 107

JD Supra: Mergers

MAY 29, 2024

Goldman Sachs Alternatives has acquired Xpress Wellness from Latticework Capital Management (LCM), according to a news release.

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Private Equity Healthcare Equities Capital 161