Wed.Jan 17, 2024

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Office of Health Care Affordability Adopts Final Cost and Market Impact Review Regulations for Health Care Transactions

JD Supra: Mergers

California’s new Office of Health Care Affordability recently adopted emergency regulations (“Final Regulations”) implementing the Health Care Market Oversight Program, required under California’s Health Care Quality and Affordability Act (“HCQAA”). HCQAA, which created the Office of Health Care Affordability (“OHCA”), requires “health care entities” to provide written notice of certain “material change transactions” to OHCA.

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Goldman Sachs-backed ZestMoney, once valued at $450M, sold to DMI in fire sale

TechCrunch: M&A

ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps 12 tumultuous months for the once-hot new-age lender. The two firms didn’t disclose the terms of the deals, but a person familiar with […] © 2023 TechCrunch.

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[Video] Spotlight on Financial Services | Clients depend on Dinsmore to offer clear and concise counsel in the complex area of financial services

JD Supra: Mergers

Spotlight on Financial Services | Clients depend on Dinsmore to offer clear and concise counsel in the complex area of financial services Columbus-based corporate partner Christian Gonzalez explains how our team’s multidisciplinary approach can meet the most complex demands, and offer training for those new to the financial services industry.

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Antitrust: DOJ Gets a Big Win in JetBlue/Spirit Litigation

Deal Lawyers

Last March, the DOJ filed a lawsuit in federal court seeking to block the proposed merger between JetBlue & Spirit Airlines. As we blogged at the time, although the DOJ & FTC have peddled some novel theories in merger challenges, this challenge was more conventional.

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15 Modern Use Cases for Enterprise Business Intelligence

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?

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HSR Transaction Overview: Key Insights from December 2023’s M&A Activity

JD Supra: Mergers

Editor’s Note: The Hart Scott Rodino Act (HSR Act), a pivotal federal law, mandates companies to notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ) before finalizing mergers or acquisitions involving certain assets or voting securities. This notification is part of the FTC and DOJ Premerger Notification Program, designed to enable a thorough review of proposed transactions for potential antitrust issues.

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Stay Above Board In 2024: New Thresholds Applicable to Clayton Act Prohibition on Interlocking Directorates

JD Supra: Mergers

The Federal Trade Commission recently announced revised thresholds (“2024 Thresholds”) applicable to Section 8 of the Clayton Act, 15 U.S.C. § 19. The thresholds are adjusted annually based on changes in gross national product.

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Statement of Cash Flow

Wall Street Mojo

Statement of Cash Flows Definition A Statement of Cash Flow is an accounting document that tracks the incoming and outgoing cash and cash equivalents from a business. It helps identify the availability of liquid funds with the organization in a particular accounting period. Thus, it accounts for a company’s financial standing and reveals the corporate efficiency in managing its cash and liquidity position.

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Fiscal Year 2022 Hart-Scott-Rodino Annual Report Provides Data on Antitrust Merger Enforcement for First Full Fiscal Year of Biden Administration

JD Supra: Mergers

The Federal Trade Commission (FTC) and the Department of Justice Antitrust Division (DOJ) on December 21, 2023, released the FY 2022 HSR Annual Report (the Report). The Report covers the period October 1, 2021, through September 30, 2022, which represents the first full fiscal year of the Biden Administration’s merger enforcement efforts.

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Convertible Securities

Wall Street Mojo

What Are Convertible Securities? Convertible Securities are securities or investment (preferred stocks or convertible bonds) which could be very easily converted into a different form like shares of an entity’s common stocks and these are generally issued by entities for the purpose of raising money and in most of the cases, the entity has all the rights to determine when actually the conversion takes place.

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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.

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Reps and Warranties Claim Trends: A 2023 Review

JD Supra: Mergers

In 2023, overall mergers & acquisitions (M&A) deal volume was much slower than in prior years; however, as expected, there was a surge in claims during this period. From mid-2020 through mid-2022, we saw a large uptick in the number of policies and limits bound, and so it stands to reason that the number of reps and warranties (R&W) claims received by insurers has increased in the past year.

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Tax Benefit

Wall Street Mojo

What is Tax Benefit? Tax Benefits refer to the credit a business receives on its tax liability for complying with a norm proposed by the government. The benefit is either credited back to the business after paying its regular taxation amount, or it is deducted when paying the tax liability in the first place. You are free to use this image o your website, templates, etc, Please provide us with an attribution link How to Provide Attribution?

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Final Merger Guidelines Will Result in Increased Scrutiny for M&A Deals

JD Supra: Mergers

On December 18, 2023, the U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC) jointly announced the issuance of the final version of new Merger Guidelines, after publishing a draft in July 2023. We previously reported on the more significant changes found in the draft Merger Guidelines.

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How to add beneficiary without any cooling off period?

Razorpay

In this blog, we will dive deep into the process of beneficiary activation, the current process and how you can add beneficiaries instantly to make instant payments. Did you know? With a RazorpayX Business Banking+ Account, you can add beneficiaries and make payouts with no cooling period. Get Your Own Business Banking+ Account! What is a Beneficiary?

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Enhance Customer Value: Unleash Your Data’s Potential

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.

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Elon Musk's demand for more Tesla control could weigh on the stock, analysts say

CNBC: Investing

Regaining 25% control of the automaker would require "the effective dilution of other investors stakes," JPMorgan analyst Ryan Brinkman wrote.

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Come Together Right Now, IT Operations Teams

Cisco: M&A

Part 6 of the six-part series –  The 2023 Global Networking Trends Report series If you have been reading our blog series around the 2023 Global Networking Trends Report, you may have noticed two rec… Read more on Cisco Blogs

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3 great UK fintech jobs available this week

Growth Business

By Rosaleen McMeel on Growth Business - Your gateway to entrepreneurial success As the UK fintech industry continues to transform, so do its hiring needs. From AI playing a greater role in round-the-clock customer support, buy-now-pay-later (BNPL) becoming increasingly mainstream to the rise of neobanks like Kroo , further disruption is expected well into 2024.

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Garnett Station Partners appoints Adamolekun as operating partner

PE Hub

In this role, Adamolekun will help identify new investment opportunities and drive innovation, value and efficiency within Garnett Station’s portfolio of brands. The post Garnett Station Partners appoints Adamolekun as operating partner appeared first on PE Hub.

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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.

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Interest Rate Swap | Examples | Uses | Swap Curve

Wall Street Mojo

What Is Interest Rate Swap? An interest rate swap is a contractual agreement between two parties to exchange interest payments. The most common type of interest rate swap arrangement is one in which Party A agrees to make payments to Party B based on the fixed interest rate, and Party B agrees to pay party A based on the floating interest rate. You are free to use this image o your website, templates, etc, Please provide us with an attribution link How to Provide Attribution?

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Knox Lane-backed Ruppert Landscape acquires commercial landscape firm Greenery of Charleston

PE Hub

Maryland-based Ruppert Landscape is a provider of commercial landscaping services. The post Knox Lane-backed Ruppert Landscape acquires commercial landscape firm Greenery of Charleston appeared first on PE Hub.

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This energy drink stock trouncing the market appears ready for its next bull run, according to the charts

CNBC: Investing

Todd Gordon analyzes the charts to determine if investors can still catch a ride on this market-beating momentum trade or whether it's too late.

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AEI sells specialty materials manufacturer American Pacific for $700m

PE Hub

Founded in 1955, American Pacific produces highly specialized chemicals for use in missile defense, space launch, pharmaceutical, and fire suppression applications. The post AEI sells specialty materials manufacturer American Pacific for $700m appeared first on PE Hub.

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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.

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Wednesday's analyst calls: Ford downgrade; crypto mining stock gets a big upgrade

CNBC: Investing

Early analyst calls on Wednesday included a downgrade to a legacy automaker and a rerating for a crypto mining stock that won big last year.

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Franchise Equity scoops up Precision Garage Door Service franchise operations in Orlando and Ocala

PE Hub

The seller is Reliable Residential. The post Franchise Equity scoops up Precision Garage Door Service franchise operations in Orlando and Ocala appeared first on PE Hub.

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Rallying AMD is approaching key levels. What's next for the stock, according to chart analysts

CNBC: Investing

Some closely watched momentum indicators and a bullish overall chart suggest popular AI chipmaker Advanced Micro Devices may be headed for new highs.

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Blackstone makes first investment in Japan’s fintech sector, MidOcean invests in Re-Sourcing Group

PE Hub

MidOcean backs a staffing firm. The post Blackstone makes first investment in Japan’s fintech sector, MidOcean invests in Re-Sourcing Group appeared first on PE Hub.

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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.

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These new bond ETFs will let investors target specific parts of the corporate market

CNBC: Investing

The funds build on the U.S. Benchmark series, which gives investors tools to target specific maturities on the Treasury curve.

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Blackstone bets Japan will embrace cashless transactions

PE Hub

The PE firm announced the acquisition of Sony Payment Services in December, marking its foray into Japan's fintech sector. The post Blackstone bets Japan will embrace cashless transactions appeared first on PE Hub.

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E-trading platforms experienced increased share of US equity trading volume in 2023

The TRADE

Trading volumes executed electronically by equity investors increased last year, accelerating the evolution of the US stock trading business into an increasingly complex, technologically driven market structure. New data from Coalition Greenwich found that electronic trading platforms captured 44% of buy-side US equities order flow in 2023, up from 42% in 2022.

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