Thu.Feb 29, 2024

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FTC Sues to Stop $24.6 Billion Kroger-Albertsons Deal

JD Supra: Mergers

On February 26, 2024, the Federal Trade Commission (“FTC”) issued an administrative complaint and authorized a lawsuit in federal court to block Kroger Company’s proposed $24.6 billion acquisition of the Albertsons Companies, Inc. The acquisition would be the largest supermarket merger in United States history.

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High-Quality Candidates: What They Look For In A New Company

H. Friedman Search

We are back on track with sharing insights into the public finance and bond counsel recruiting world. I want to share a part of an interview that just occurred when a new firm reached out to us to recruit for them. After the typical questions of who we are, how we work, and what makes our firm so unique; we received the following request, “We want to understand the main driver that compels high-quality candidates to switch jobs and what triggers them to do so.

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EU Foreign Subsidies Regulation increases M&A risk

JD Supra: Mergers

The EU Foreign Subsidies Regulation (FSR) took effect in July 2023. It aims to regulate subsidies granted by non-EU countries to ensure that they do not distort competition in the EU internal market. For dealmakers, it is already having a major impact. The new mandatory suspensory M&A notification obligation – up and running since October – has significantly increased the regulatory burden for deals with an EU nexus.

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02-29-2024 Newsletter: How to Take Advantage of the Market Slowdown

OfficeHours

Written by a Top OfficeHours Female IB/PE Coach Access ALL OfficeHours Platforms for $29 each TODAY ONLY! (First 50 Purchases Only!) Navigating market slowdowns can feel like finding your way through a dense fog where uncertainty prevails, and the path forward is anything but clear. For those of us embarking on careers in finance, including myself, the unease accompanying economic downturns and market volatility is all too familiar.

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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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Securities Class Action Filings 2023 Year in Review: Executive Summary

JD Supra: Mergers

Overall filing volume increased slightly in 2023 to 215 filings from 208 in 2022. The number of “core” filings—those excluding M&A filings—also increased slightly. The size of core filings when measured by Maximum Dollar Loss (MDL) rose 27%, but when measured by Disclosure Dollar Loss (DDL) fell 46%.1.

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Q4 2023 Quarterly Corporate / M&A decisions updates

JD Supra: Mergers

This quarter, Delaware courts issued several notable opinions in unique contexts. For example, in a rare reversal, the Delaware Supreme Court rejected the Court of Chancery’s use of “judicial notice” of another court’s ruling to grant a motion to dismiss Caremark claims. In another case, the Court of Chancery rejected an attempt to apply a lower standard for pleading Caremark claims against officers, affirming that Caremark claims (against both directors and officers) require alleging.

M&A 155
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ICE and IPC Systems to launch cloud-based audio solution for traders

The TRADE

Intercontinental Exchange (ICE) and trading communications solutions provider IPC Systems are set to launch ICE Voice, a cloud-based audio solution for traders and professional investors. ICE Voice will be offered with ICE Chat, bringing together the latter’s network of over 120,000 active users and IPC’s Connexus Unigy private cloud platform to offer always on, open communications between individuals or groups of traders across internal trading desks, alongside any other registered ICE Chat use

Trading 117
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The Lower-Middle Market: What Is It—and Why You Should Care?

Align Business Advisory Services

The Lower-Middle Market: What Is It—and Why You Should Care? If you are an owner of a business with annual gross revenue in the range of $10 million up to $200 million, guess what: your business falls squarely into the lower-middle market for Mergers and Acquisitions (M&A). Whether you’re a sole owner, partner, investor, or. Read More » The post The Lower-Middle Market: What Is It—and Why You Should Care?

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LSEG sees double-digit growth across post-trade as exchange continues to reap benefits of acquisition push

The TRADE

The London Stock Exchange (LSEG) saw overall growth across its key businesses in 2023, with considerable improvement across data and analytics, capital markets, and in particular, post-trade. David Schwimmer The data and analytics offering saw a 7.3% year-on-year increase, while capital markets saw a 6.1% rise year-on-year as compared to 2022. However, post-trade saw a double digit increase of 17.4%, driven in large part by the acquisition-minded strategy of the exchange over the last few years.

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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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Strategy, Incubation and Applications shows up strong at Cisco Live EMEA

Cisco: M&A

It was a strong start to the new year with an incredible week in Amsterdam, where the gloomy weather was a stark contrast to the excitement and energy of the 16,000 people who came together to talk… Read more on Cisco Blogs

IT 105
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Despite the dominance of voice trading, electronification is the natural path for Peru

The TRADE

What is the current state of play in Peru when it comes to market data and electronic pricing? During the last few years, there has been a notable increase in financial institutions and corporates in Peru accessing offshore liquidity through electronic platforms, with transparency and high liquidity for G10 currencies some of the main drivers that promoted an increase in market activity.

Trading 101
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Seamless shopping with Room & Board

Cisco: M&A

In the bustling world of retail, the customer experience reigns supreme. Retailers are continuously seeking innovative ways to enhance customer engagement and satisfaction.

Retail 98
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Professional pickleball organizations PPA Tour and MLP complete merger

PE Hub

The merger is backed by a $75 million investment from backers that include private equity firm SC Holdings, D.C. Pickleball Team owner Al Tylis and PPA Tour owners Tom Dundon and the Pardoe Family. The post Professional pickleball organizations PPA Tour and MLP complete merger appeared first on PE Hub.

Mergers 89
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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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Move over Big Tech, a new market leader could be emerging, according to the charts

CNBC: Investing

Biotechnology stocks have recently shown renewed strength, and improving momentum may just push these names toward the top of the leaderboard.

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The UK stock market isn’t working | Nils Pratley

The Guardian: Mergers & Acquisitions

Recent bidding battles for sub-£1bn firms such as Wincanton and Currys suggest London has an undervaluation problem Get ready to see more flotations later this year, said David Schwimmer, chief executive of the London Stock Exchange Group on Thursday. Good: it would mark a change from the droughts of 2022 and 2023 that have caused much agonising over the health of the London stock market.

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First Advantage to Acquire Sterling Check Corp. for $2.2 Billion in Cash and Stock

Global Newswire by Notified: M&A

ATLANTA and INDEPENDENCE, Ohio, Feb. 29, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA), a leading provider of employment background screening, identity, and verification solutions, announced today that it has entered into a definitive purchase agreement to acquire Sterling Check Corp. (NASDAQ:STER), a provider of background screening and identity services.

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Possible Viking IPO is latest sign cruise industry is a good bet for investors, according to analyst. How to play it

CNBC: Investing

Viking Holdings submitted a draft registration statement with the SEC relating to its proposed initial public offering.

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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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MDP-backed Navacord snaps up Avant Insurance  

PE Hub

Avant Insurance is a brokerage specializing in both personal and commercial lines. The post MDP-backed Navacord snaps up Avant Insurance appeared first on PE Hub.

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The trader set-up on Target into earnings next week and a lower-cost way to bet on the stock

CNBC: Investing

Let's review the set-up on Target into the numbers and a lower cost way using options to get long the name.

Stock 108
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Del. Chancery Refuses to Dismiss Claims Questioning Board Approval of Merger Agreement

Deal Lawyers

Yesterday, in Sjunde AP-fonden v. Activision Blizzard, Inc., (Del. Ch.

Mergers 100
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Private credit may offer high yields, but investors should tread carefully. What to know

CNBC: Investing

Private credit is gaining in popularity as investors seek out alternative investments with attractive dividends.

Investors 106
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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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Investing in partnerships for inclusion and innovation: a spotlight on Astia and Kiva

Cisco: M&A

The Social Impact Partner Spotlight series highlights various Cisco non-profit organization partners that are helping transform the lives of individuals and communities.

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Here are the stocks hedge funds are betting the most against going into March

CNBC: Investing

Some hedge funds bet against a handful of health-care and auto stocks in the first half of February.

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New York Community Bank Reports $2.4 Billion More in Losses as C.E.O. Resigns

The New York Times: Banking

The lender said its earnings were far weaker than it had earlier stated, and it disclosed the discovery of “material weaknesses” in its internal controls.

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Promoting Sustainable Livelihoods in South America and the Amazon

Cisco: M&A

This is the second blog in our three-part series about Cisco Foundation climate grantees working in the Amazon and South America region.

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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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Ares Management invests in fiber broadband provider Bluepeak

PE Hub

Bluepeak was acquired by GI Data Infrastructure in 2021. The post Ares Management invests in fiber broadband provider Bluepeak appeared first on PE Hub.

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LaunchPad Home Group Acquires AJF Inspections

Global Newswire by Notified: M&A

AUSTIN, Texas, Feb. 29, 2024 (GLOBE NEWSWIRE) -- LaunchPad Home Group (“LaunchPad”), the nation’s premier provider of home inspection and residential services, proudly announces its acquisition of AJF Inspections (“AJF”), a distinguished home inspection brand serving the greater Phoenix, AZ market.

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Moelis appoints Trauber as chairman and global head of energy and clean technology

PE Hub

Based in Houston, Trauber will lead the firm’s global efforts in this space. The post Moelis appoints Trauber as chairman and global head of energy and clean technology appeared first on PE Hub.

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