Tue.Jul 16, 2024

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Microsoft faces UK antitrust probe after hiring Inflection AI founders and employees

TechCrunch: M&A

U.K. authorities have until early September to decide whether the hiring is tantamount to a merger. © 2024 TechCrunch. All rights reserved. For personal use only.

Mergers 243
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The Legal 500’s Restructuring & Insolvency Comparative Guide

JD Supra: Mergers

Our London Financial Restructuring team authored the UK chapter of the 8th Edition of The Legal 500’s “Restructuring & Insolvency Comparative Guide". The guide provides information on the current issues affecting restructuring & insolvency across a variety of jurisdictions and addresses topics such as security & enforcement, local insolvency proceedings, local restructuring proceedings, existing contracts, liabilities of directors, foreign debtors as well as insight and opinion on re

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Happy Birthday MFW! Are You Worth the Trouble?

Deal Lawyers

A recent Richards Layton article notes that 2024 marks the 10th anniversary of the Delaware Supreme Court’s decision in Kahn v. MF&W Worldwide, which gave boards and controlling stockholders a path to business judgment review of transactions with a controlling stockholder.

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Key Considerations for Programmatic H&L Joint Ventures

JD Supra: Mergers

The joint venture (JV) model is a popular choice among investors for structuring their investments into hospitality and leisure (H&L) assets.

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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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Ray Dalio makes the case for gold as the precious metal hits new record high

CNBC: Investing

Ray Dalio believes gold deserves a significant portion of one's portfolio, saying the precious metal is still appealing even at record highs.

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More Trending

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IMF sees ‘bumps’ in path to lower inflation

CNBC: Investing

Stubborn services and wage inflation will slow the pace of disinflation in the U.S. and globally, according to the IMF.

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EssilorLuxottica to Acquire Supreme® from VF Corporation

Global Newswire by Notified: M&A

EssilorLuxottica to Acquire Supreme® from VF Corporation Paris, France and Denver, CO (17 July 2024 – 8am CEST) - EssilorLuxottica, a global leader in.

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Stocks are booming in 2024, but financial advisors say it may be time to get a little defensive

CNBC: Investing

A surge in tech has driven the S&P 500 to new heights this year, but now may be a good time to look at underappreciated corners of the market.

S&P 112
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From Email to Empowerment: Realizing my Dreams at Cisco

Cisco: M&A

An email and a dream brought Senior Development Engineer Mustafa H. to Cisco where he's realizing his dreams, empowered through trust, and helping others.

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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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JPMorgan’s top tech analyst likes Amazon and 2 other stocks heading into earnings

CNBC: Investing

The Wall Street bank also named Uber a top pick due to its rapid product launches and market leadership in the ride-sharing and food delivery businesses.

Food 106
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Growth of US electronic equities trading sees interest in expanding team headcounts increase

The TRADE

With electronic equities trading continuing to rise, a notable proportion of US low-touch desk expect to expand their teams over the next 12-18 months, a new report from Coalition Greenwich has found. Roughly a third of respondents plan to bolster their algo sales and desk coverage, while a quarter are looking to boost their execution and analytics consulting, on-desk trading assistant, and trade operations or algo support headcounts.

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Tuesday's analyst calls: Amazon to pop nearly 30%, Reddit gets a downgrade

CNBC: Investing

An e-commerce giant and a social media name were among the stocks being talked about by analysts on Tuesday.

Media 109
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Microsoft deal with AI startup to be investigated by UK competition watchdog

The Guardian: Mergers & Acquisitions

CMA ‘has enough evidence’ to start full probe into tech giant’s hiring of Inflection’s top staff The Competition and Markets Authority (CMA) has launched a full investigation into Microsoft’s deal with AI startup Inflection. Earlier this year, Mustafa Suleyman – who started Inflection in January 2022, two months after leaving Google – and a number of his colleagues were hired by Microsoft to lead the tech company’s new AI division.

IT 73
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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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Bank of America calls this chip stock its top AI pick with 'no signs of demand slowing down'

CNBC: Investing

This key AI stock could have further room to run, the firm said on Monday.

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Wintermute integrates spot and CFD liquidity into oneZero

The TRADE

The digital asset derivatives trading arm of Wintermute Group, Wintermute Asia, has completed the integration of its spot and contract for differences (CFD) liquidity into the oneZero ecosystem. oneZero works over multiple asset classes, offering trading technology for banks and financial institutions. In addition to the oneZero integration, Wintermute has also introduced the market’s first multi-currency collateral support, which will enable counterparties to post any cryptocurrency or fiat as

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Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Meta, Shopify, Broadcom, IBM, Microsoft & more

CNBC: Investing

Here are Tuesday's biggest calls on Wall Street.

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Press release - SPIE signs an agreement for the acquisition of OTTO LSE

Global Newswire by Notified: M&A

Cergy, July 17 th , 2024 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the signature of an agreement to acquire c.87% of Otto Life Science Engineering GmbH in Germany. SPIE expects to close the transaction in Q3 2024, subject to customary closing conditions among which German antitrust approval.

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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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OneCard Transforms Credit Card Repayments with Razorpay

Razorpay

OneCard, a leading fintech company, is forging a new path in the Indian credit card market and tapping into the fast-growing segment of tech-savvy individuals who value both design and financial control. They manage over 6 co-branded credit cards, each meticulously crafted from metal and controlled entirely through a user-friendly mobile app. Their focus on exceptional user experience (UX) and convenience sets them apart from the competition.

Bank 59
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Higher Learning Commission approves historic education affiliation

Global Newswire by Notified: M&A

HAYS, Kan., July 16, 2024 (GLOBE NEWSWIRE) -- June 27 represents a significant milestone for higher education in rural Kansas, as the Higher Learning Commission (HLC) officially approved the Change of Control application filed jointly by Fort Hays State University, North Central Kansas Technical College, and Northwest Kansas Technical College. This approval will result in the strategic affiliation of these three institutions, allowing them to come together under the Fort Hays banner to better se

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Wall Street reports best quarter for investment banking in 2 years

Financial Times - Banking

Goldman Sachs, JPMorgan Chase, Morgan Stanley, Bank of America and Citigroup reported $8.

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Fnac Darty: Envisaged acquisition of Unieuro

Global Newswire by Notified: M&A

Ivry-sur-Seine, France — July 16, 2024, 6:00 PM CEST Envisaged acquisition of UnieuroFnac Darty to consolidate its European leadership in specialized.

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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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FOCUS Telecom Business Services Quarterly: Summer 2024 Report

Focus Investment Banking

OVERVIEW After two straight periods of double-digit returns, the FOCUS Telecom Business Services Index (TBSI) reversed course and fell 4.5% over the past three months. This was despite a strong overall market that pushed the S&P 500 up 3.9% and the NASDAQ up 8.3% over the same three-month time frame. The TBSI is still trading more than 18% higher than it was a year ago.

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McPhy Energy: McPhy completes the disposal of its refueling stations business to Atawey

Global Newswire by Notified: M&A

Grenoble, July 17, 2024 – 7:30 am CEST – McPhy Energy , a specialist in low-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), and Atawey , a specialist in hydrogen distribution equipment, announced the completion of the transaction on McPhy's refueling stations business. It is reminded that McPhy and Atawey entered into exclusive negotiations in December 2023 1 , following which McPhy received a binding offer from Atawey on February 19, 2024 2 and sign

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Can A Buyer From Another Country Buy My Business

GillAgency

Buyers from another country can indeed purchase your business, but this process involves additional considerations and complexities compared to domestic transactions. Selling your business to an international buyer opens up opportunities for expansion into new markets and access to a broader pool of potential buyers. However, several factors need careful consideration: 1.

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Communiqué de presse - SPIE signe un accord pour l acquisition de OTTO LSE

Global Newswire by Notified: M&A

Cergy, le 17 juillet 2024 – SPIE, leader européen indépendant des services multi-techniques dans les domaines de l'énergie et des communications, annonce la signature d’un accord portant sur l’acquisition de c.87 % de Otto Life Science Engineering GmbH en Allemagne. SPIE prévoit de finaliser la transaction au troisième trimestre 2024, sous réserve des conditions suspensives usuelles, parmi lesquelles l'approbation des autorités allemandes de la concurrence.

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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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Will A Bump-Up Exclusion Bar Coverage of an M&A Settlement? It Depends.

Cooley M&A

Public company insurance policyholders beware: In recent years, insurance carriers have increasingly invoked the “bump-up” exclusion, which is a carve out provision typically found in directors and officers (D&O) insurance policies. In many public company M&A deals, the shareholders of the target or acquired company will file a lawsuit challenging the deal, generally alleging that the board violated its fiduciary duties or the law by selling the company for a below-market price.

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Morgan Stanley's dealmakers drive profit rebound

American Banker - Investment Banking

The Wall Street investment bank saw its profits rebound in the second quarter as last year's decline in mergers continued to thaw, a sign that the company's bread-and-butter business of arranging mergers is returning to full gear.

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OneCard Transforms Credit Card Repayments with Razorpay

Razorpay

OneCard, a leading fintech company, is forging a new path in the Indian credit card market and tapping into the fast-growing segment of tech-savvy individuals who value both design and financial control. They manage over 6 co-branded credit cards, each meticulously crafted from metal and controlled entirely through a user-friendly mobile app. Their focus on exceptional user experience (UX) and convenience sets them apart from the competition.

Bank 52