Mon.Feb 19, 2024

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Singapore-based fintech Xalts acquires digital trade platform Contour Network

TechCrunch: M&A

In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but the acquisition price was in the high single millions and composed of cash and stock. […] © 2024 TechCrunch.

Trading 309
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The Informed Board - Winter 2024

JD Supra: Mergers

The oversight obligations of boards continue to expand. Recent enforcement actions and new laws in areas such as cybersecurity, artificial intelligence and supply chains create new challenges for boards, as we explain in this issue of The Informed Board. In another article, we outline potential pitfalls for companies that want to lend financial support to political conventions, transitions or inaugural events in this U.S. election year.

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Capital One Said to Be in Talks to Acquire Discover

The New York Times: Banking

The proposed deal would combine two of the largest credit card companies in the United States.

Capital 144
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Anatomy of a Venture Financing

JD Supra: Mergers

Whether you’re a first-time founder or a serial entrepreneur, the process of obtaining venture funding can be complicated and confusing. Let’s look at the process of getting a venture financing to closing, and the primary deal documents you can expect to see along the way.

Finance 177
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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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Hedge funds took profits in these popular technology stocks during the fourth quarter

CNBC: Investing

As winning 'Magnificent Seven' stocks wrapped up a spectacular year, hedge funds appeared to lock in profits during the fourth quarter.

More Trending

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Cisco Secure Access Accelerates SSE Innovation with AI, User Experience Monitoring, and Identity Intelligence

Cisco: M&A

In a blog post last December, I said that the business and IT leaders with whom I meet always ask: How can I secure my highly distributed workforce, who gets more varied and decentralized all the… Read more on Cisco Blogs

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OCC Proposes Changes to Merger Review Process

JD Supra: Mergers

Introduction - On 29 January 2024, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (NPR) regarding its review of Bank Merger Act (BMA) applications. The NPR was released immediately following a speech by Acting Comptroller of the Currency Michael Hsu in which he commented on the US banking system, including actions the OCC is taking to improve transparency in the OCC’s review and approval process for proposed bank mergers.

Mergers 167
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Megacap U.S. stocks are carrying the rest of the world. Here are the risks, and where to look for diversification

CNBC: Investing

The U.S. now comprises 70% of the MSCI World Index, representing the highest country weight on record.

Stock 119
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HSR and Potential Government Shutdown

JD Supra: Mergers

After an extension signed into law in mid-January 2024, the U.S. government’s funding bills are now set to expire on March 1 or March 8, 2024. It is therefore possible once again that there will soon be a government shutdown, with important consequences for the Hart-Scott-Rodino (HSR) filing process and the running of the HSR waiting period.

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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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'This is the mental health moment': Innovation and M&A are helping to boost these stocks to new heights

CNBC: Investing

Two recent M&A announcements by big pharma are creating excitement among investors. Here's who is poised to benefit.

M&A 102
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Pending Oregon Law Undermines Traditional Physician Practice Structure

JD Supra: Mergers

In an apparent attempt to shield physician practices from perceived abuses of close association with physician practice management (PPM) companies, a pending Oregon law could undermine a broad range of structures and transactions between physicians and laypersons. Potentially affected structures and transactions include loans, real estate leases, practice sales, national virtual care platforms, investor sponsored practice roll-ups and payor-provider joint ventures.

Sale 155
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Currys shares soar as Chinese online retailer enters takeover battle

The Guardian: Mergers & Acquisitions

JD.com weighing up offer after UK electrical retailer rejects £700m bid from US private equity group Elliott Currys rejects takeover bid from Elliott A Chinese e-commerce company has said it is considering making an offer for Currys, sending the electronics retailer’s shares soaring amid hopes of a bidding war with private equity investor Elliott. The share price of Currys surged by a third on Monday morning after JD.com revealed it was “in the very preliminary stages” of a cash takeover bid.

Retail 87
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Orlando Bravo, Jonathan Gray, Lori Hall-Kimm, Pam Hendrickson, Howard Marks, Scott Nuttall and David Rubenstein to speak at NEXUS 2024

PE Hub

PEI preps for new PE event NEXUS 2024. The post Orlando Bravo, Jonathan Gray, Lori Hall-Kimm, Pam Hendrickson, Howard Marks, Scott Nuttall and David Rubenstein to speak at NEXUS 2024 appeared first on PE Hub.

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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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Osino Resources Announces Receipt of Superior Acquisition Proposal

Global Newswire by Notified: M&A

VANCOUVER, British Columbia, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) (" Osino " or the " Company ") announces that it has received a proposal from a foreign-based mining company for the acquisition of all of the issued and outstanding common shares of the Company (the “ Common Shares ”) and all of the issued and outstanding securities convertible into Common Shares for cash consideration of C$1.90 for each Common Share by way of a pl

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Borgman Capital snaps up regional chemical distributor TPI

PE Hub

Tom Perovsek will remain president of TPI, a role he has held since 2001. The post Borgman Capital snaps up regional chemical distributor TPI appeared first on PE Hub.

Capital 78
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Inbound Marketing Techniques for Lead Generation

Global Banking & Finance

Inbound Marketing Techniques for Lead Generation In today’s digital age, where competition is fierce and attention spans are fleeting, businesses are continually seeking effective strategies to attract and convert leads. Inbound marketing has emerged as a powerful approach that focuses on creating valuable content and experiences tailored to the needs and interests of potential customers.

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KKR-backed Zinnia to acquire Ebix’s life and annuity assets

PE Hub

Georgia-based Ebix is a provider of software solutions. The post KKR-backed Zinnia to acquire Ebix’s life and annuity assets 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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Benchmark International Successfully Facilitated The Transaction Between Digital Prism Advisors, Inc. And Mod Op

Benchmark International

Digital Prism is a management consulting firm specializing in digital strategy and transformation guidance. Digital Prism helps its clients achieve their growth strategies through technology-driven improvements, enabling market expansion, product innovation, customer acquisition, and efficient operations.

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Borgman Capital exits equipment rental company Aerial Work Platforms

PE Hub

Borgman Capital acquired AWP in December 2020 from the company founder Pat Barney. The post Borgman Capital exits equipment rental company Aerial Work Platforms appeared first on PE Hub.

Capital 67
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Benchmark International Successfully Facilitated The Transaction Between Digital Prism Advisors, Inc. And Mod Op

Benchmark International

Digital Prism is a management consulting firm specializing in digital strategy and transformation guidance. Digital Prism helps its clients achieve their growth strategies through technology-driven improvements, enabling market expansion, product innovation, customer acquisition, and efficient operations.

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Rubicon Technology Partners invests in Nulogy

PE Hub

Nulogy is a Toronto-based supply chain collaboration service provider. The post Rubicon Technology Partners invests in Nulogy 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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Time to Leverage the USDA’s Distance Learning and Telemedicine Program

Cisco: M&A

Have you heard about the USDA’s Distance Learning and Telemedicine (DLT) program? In 2023 the U.S.

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Want to Sell Your SaaS Business? Here’s How to Get Started

Software Equity Group

The following content has been updated as of February 2024. You have probably entertained the idea of selling your company at least once during your tenure as an entrepreneur. If this is your first time exploring the world of mergers and acquisitions, the learning curve can be intimidating. Oftentimes, the perceived complexity of the process keeps some business owners from ever pursuing an exit strategy in earnest.

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German homes are still overvalued despite price drop – Bundesbank

Global Banking & Finance

German homes are still overvalued despite price drop – Bundesbank FRANKFURT (Reuters) – German homes are still overvalued despite a fall in prices last year as the cost of mortgages spiked, the country’s central bank said on Monday.

Banking 52
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Where is the Textbook Revolution this Dad Was Promised? (Updated 2024)

Tyton Partners

Across the last two decades, every content-driven industry in our economy, from music to movies to books to legal information, has undergone distribution revolutions. These revolutions have driven prices down and increased competition thanks to the new business models and pricing strategies they have catalyzed. Instructional materials in higher education have been among the slowest to change until recently.

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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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Kadena SpireKey Integrates with WebAuthn to Provide Seamless Web3 Interactions

Global Banking & Finance

Kadena SpireKey Integrates with WebAuthn to Provide Seamless Web3 Interactions New York City, New York, February 16th, 2024, Chainwire Introducing Kadena SpireKey, a human-friendly and secure way to seamlessly interact with any application by removing complex signing processes.

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International Petroleum Corporation Announces Results of Normal Course Issuer Bid

Global Newswire by Notified: M&A

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 143,208 IPC common shares (ISIN: CA46016U1084) during the period of February 5 to 16, 2024 under IPC’s normal course issuer bid / share repurchase program (NCIB).

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People Moves Monday: Millennium, JP Morgan, MUFG and more…

The TRADE

Agency broker BTIG selected the former head of execution strategy at Millennium to take up the same role. Effective from December 2023, Stephen Ponzio joined BTIG as its head of execution strategy. In his new role, he will also co-head electronic trading and be responsible for the development of BTIG’s new generation algorithms. Ponzio will be based in New York, responsible for managing the firm’s program trading and ETF market making businesses.

Trading 52