Mon.Dec 04, 2023

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Doubtnut, once offered a $150M deal by Byju’s, sells for $10M

TechCrunch: M&A

Allen Career Institute has acquired Doubtnut in a deal that values the young edtech at $10 million, according to a person familiar with the matter, a reversal of fortune for the once promising edtech leading app. The two firms confirmed the deal on Monday, but declined to share financial terms of the acquisition. Seven-year-old Doubtnut, […] © 2023 TechCrunch.

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A View from Abroad: Unpacking DOJ’s M&A Safe Harbor Policy, Part II

JD Supra: Mergers

On October 4, 2023, United States Deputy Attorney General (DAG) Lisa Monaco announced a new Department of Justice (DOJ) Mergers & Acquisitions Safe Harbor policy that encourages companies to self-disclose criminal misconduct discovered by an acquiring company during the acquisition of a target company. Under the policy, the acquiring party will receive a presumption of….

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The Future of Consumer Products and E-commerce: Insights from Jason Somerville

How2Exit

b' E164: The Future of Consumer Products and E-commerce: Insights from Jason Somerville - Watch Here rn rn Sponsor: rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US. Their team is experienced in M&A, and they hire the best talent available. Reconciled sets the standard for consistency and quality that you can count on. rn Visit [link] rn _ rn About The Guest(s): Jason Somerville is the founding par

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Antitrust in focus - November 2023

JD Supra: Mergers

This newsletter is a summary of the antitrust developments we think are most interesting to your business. Börries Ahrens, partner based in Hamburg, is our editor this month. He has selected: Significant reforms to German antitrust law come into effect with more on the horizon - In early November, the 11th amendment to the German Act Against Restraints of Competition (Act) came into effect.

Business 161
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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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Bryan Dunn on the Challenges of Buying and Running an E-commerce Business

How2Exit

b' E165: Bryan Dunn on the Challenges of Buying and Running an E-commerce Business - Watch Here rn rn Sponsor: rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US. Their team is experienced in M&A, and they hire the best talent available. Reconciled sets the standard for consistency and quality that you can count on. rn Visit [link] rn _ rn About The Guest(s): Bryan Dunn is the owner of EVRIM LLC and

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More Trending

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Is the SBUX Proxy Contest a Sign of Things to Come?

Deal Lawyers

I’m sure you’ve already heard about the Starbucks proxy contest led by the Strategic Organizing Center, a coalition of labor unions, including the Service Employees International Union (SEIU). If not, this Wall Street Journal article discusses the coalition’s concerns and its three nominees.

M&A 113
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Singapore Announces Targeted Investment Review Regime

JD Supra: Mergers

Singapore has joined the trend of countries exercising greater oversight over investments in domestic entities in strategically important sectors. The Significant Investments Review Act (the “Bill”), introduced on November 3, 2023, will give the Singapore Ministry of Trade and Industry (MTI) authority to designate entities deemed “critical” to national security and to regulate “significant” investments by foreign and domestic investors in such entities.

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BlackRock's Rick Rieder sees first rate cut in mid-2024, thinks market is pricing in easing too soon

CNBC: Investing

BlackRock's Rick Rieder thinks the Federal Reserve should start enacting small rate cuts in the middle of 2024, later than the current market pricing suggests.

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Trading Technologies bolsters senior leadership team with three new additions

The TRADE

Trading Technologies (TT) has made three new appointments to its senior leadership team, including chief operating officer; executive vice president of fixed income; and executive vice president of futures and options – all of which will join the firm on 1 January 2024. Justin Llewellyn-Jones has been appointed chief operating officer (COO), joining from Broadridge where he most recently served as chief product officer and head of capital markets, North America (equities, FX and derivatives).

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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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Morgan Stanley says this cybersecurity stock has further to go after becoming first in industry with $100 billion market value

CNBC: Investing

Palo Alto Networks will be the leader in AI-driven security platforms, and has multiple long-term growth opportunities, the investment bank said.

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AXA IM collaborates with Societe Generale’s FORGE on first market transaction using stablecoins

The TRADE

AXA Investment Managers (AXA IM) has completed its first market transaction using stablecoins issued by Societe Generale – FORGE as part of a new joint experiment. Societe Generale – FORGE’s CoinVertible (EURCV) stablecoins were used as part of the transaction, which is an effort from AXA IM and Societe Generale to adapt to technological developments to benefit their client base.

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These alcohol stocks are likely to avoid a one-two punch from Ozempic and abstinent Gen Z consumers

CNBC: Investing

The rise of Ozempic and a health conscious consumer has the alcohol industry on the defensive. Yet, there's still opportunity for investors in the sector.

Investors 116
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Accelerating Your Journey to the 128-bit Universe

Cisco: M&A

The 2023 National Cybersecurity Strategy requires acceleration of your agency’s mission to go boldly into the 128-bit address space universe with greater speed and urgency.

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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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These stocks have doubled this year and analysts say they have even more to go

CNBC: Investing

Although these stocks are on track for a blowout 2023, Wall Street expects they have room for further appreciation in the months ahead.

Stock 114
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Beach Point invests in growth of lighting products maker Eurofase

PE Hub

Eurofase is a Toronto-based manufacturer of premium lighting and heating products in North America. The post Beach Point invests in growth of lighting products maker Eurofase appeared first on PE Hub.

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Reluctant to chase the rally? How to bet on a year-end pop with options

CNBC: Investing

If one is inclined to make a bullish bet, but is reluctant to get caught "chasing" after the market has already rallied sharply

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Bay Club Acquires PRO Club in Pacific Northwest Expansion Continuing Growth Along the West Coast

Global Newswire by Notified: M&A

Bay Club acquires PRO Club, renowned health and wellness facilities in Seattle, marking a significant milestone in the company’s growth.

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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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Integrated Industrial Edge Compute

Cisco: M&A

Predicting the future of new technology is often like gambling. Predicting the future of a massive locomotive on a railway track is quite predictable.

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Francisco Partners backs merger of sheet music publisher Hal Leonard and music apps creator Muse Group

PE Hub

Hal Leonard’s licensed arrangements include scores from Taylor Swift and The Beatles to John Williams and Disney soundtracks. The post Francisco Partners backs merger of sheet music publisher Hal Leonard and music apps creator Muse Group appeared first on PE Hub.

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EU auditors warn about worsening competition in public procurement

Global Banking & Finance

EU auditors warn about worsening competition in public procurement By Gabriela Baczynska BRUSSELS (Reuters) – Competition in public procurement across the 27 European Union countries worsened over the last decade, the European Court of Auditors (ECA) said on Monday, with as much as 2 trillion euros ($2.2 trillion) at stake every year.

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Thurston Group-backed ARC Health acquires mental health practice Advanced Psychiatric Group

PE Hub

Based in Ohio, ARC Health is a group of mental healthcare practices. The post Thurston Group-backed ARC Health acquires mental health practice Advanced Psychiatric Group 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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UK’s FTSE 100 falls on energy, miners drag

Global Banking & Finance

UK’s FTSE 100 falls on energy, miners drag By Shashwat Chauhan (Reuters) -The UK’s FTSE 100 fell on Monday as losses in heavyweight energy and mining stocks outweighed broader market gains, while the focus slowly shifted to the United States’ jobs data due later in the week. The commodities-heavy FTSE 100 fell 0.

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Mergers Like JetBlue’s Proposed Acquisition of Spirit Usually Turn Out to Be Bad

The New York Times: Mergers, Acquisitions and Dive

Something to consider as JetBlue seeks to buy Spirit.

Mergers 142
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Sweden’s Riksbank says policy must remain tight, can’t rule out hike – minutes

Global Banking & Finance

Sweden’s Riksbank says policy must remain tight, can’t rule out hike – minutes STOCKHOLM (Reuters) – Swedish monetary policy needs to remain tight for some time and the policy rate may need to be raised further if the inflation outlook deteriorates, the minutes of the central bank’s most recent meeting, published on Monday, showed.

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Macquarie seeks energy TIC service providers for Camin Cargo Control

PE Hub

Private equity firms, including Macquarie and KKR, are increasingly investing in TIC service providers. The post Macquarie seeks energy TIC service providers for Camin Cargo Control 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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Analysis-EU’s electric dreams short-circuited by EV charging gridlock

Global Banking & Finance

Analysis-EU’s electric dreams short-circuited by EV charging gridlock By Julia Payne BRUSSELS (Reuters) – Electric vehicle drivers hoping to top up their batteries at one of Repsol’s 1,600 Spanish charging stations might well be disappointed, with nearly half lying dormant because they have no power connection.

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Wall Street experts have high hopes for 2024, but they're usually wrong

CNBC: Investing

Wall Street analysts and strategists have a long history of being wrong on their forecasts.

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AI defined 2023. Bullets and ballots will shape 2024

Global Banking & Finance

AI defined 2023. Bullets and ballots will shape 2024 By Simon Robinson (Reuters) – How to sum up the most important news of the year past? The obvious answer in 2023 is to use Artificial Intelligence.

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