Mon.Jul 22, 2024

article thumbnail

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

TechCrunch: M&A

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with the support of investors has opted to remain independent, the person said.

article thumbnail

Navigating Risks in Technology Transactions Involving AI

JD Supra: Mergers

Many companies are considering or currently engaging in acquisitions or investments in startups and established providers of artificial intelligence (“AI”) technology. They see opportunities to leverage AI to build and improve their existing businesses or get into new markets. While AI may present extraordinary opportunities, risks abound.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Building and Scaling a Hold Co: Nate Ginsburg’s Journey from E-Commerce to Global Logistics

How2Exit

E232: Building and Scaling a Hold Co: Nate Ginsburg’s Journey from E-Commerce to Global Holdco - Watch Here About the Guest(s): Nate Ginsburg is a seasoned entrepreneur with an impressive track record of building and acquiring businesses. He is the owner of Centurica, which provides due diligence and quality of earnings services, and SellerPlex, a full-service Amazon agency.

article thumbnail

Delaware Governor Signs Controversial “Market-Practice” Amendments to General Corporation Law

JD Supra: Mergers

Amendments were adopted to restore market practices impacted by three recent Court of Chancery decisions. Amendments simplify the approval of a merger by a board of directors, thereby removing the potential for certain technical foot faults.

article thumbnail

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.

article thumbnail

Tomorrow’s Webcast: “2024 DGCL Amendments: Implications & Unanswered Questions”

Deal Lawyers

Tune in tomorrow at 2 pm eastern for our “2024 DGCL Amendments: Implications & Unanswered Questions” webcast to hear Steven Haas of Hunton Andrews Kurth, Julia Lapitskaya of Gibson Dunn, and Eric Klinger-Wilensky of Morris Nichols discuss the landmark changes made by the 2024 DGCL amendments.

124
124

More Trending

article thumbnail

Google’s Plan to Buy Wiz for $23 Billion Falls Apart

The New York Times: Mergers, Acquisitions and Dive

Wiz’s chief executive said the company walked away from a “humbling offer” and would pursue an initial public offering instead.

article thumbnail

Healthcare & Life Sciences Private Equity Deal Tracker: Hamilton Lane Acquires Stake in Avista-Backed Cosette Pharmaceuticals

JD Supra: Mergers

Hamilton Lane has acquired a significant equity interest in Cosette Pharmaceuticals from Avista Capital Partners and its co-investors, according to a news release.

article thumbnail

Founder of Kakao, South Korean Tech Giant, Arrested Over K-Pop Deal

The New York Times: Mergers, Acquisitions and Dive

Kim Beom-Su, the billionaire behind Kakao, was taken into custody on Tuesday on allegations of stock manipulation during a bidding war over a major K-pop agency.

Stock 112
article thumbnail

Food giants are strangling Britain’s farmers and consumers. What’s the solution? Break them up | Nicholas Shaxson

The Guardian: Mergers & Acquisitions

The UK has a huge problem with monopolies – yet taking conglomerates apart is not as hard as you might think When British farmers protested outside the Houses of Parliament earlier this year, they sent 49 scarecrows , after a survey had found that 49% of UK fruit and vegetable farmers said they expected to go bust within a year. The scarecrows stood in for real farmers, who are mostly too afraid to speak out.

Food 111
article thumbnail

Provide Real Value in Your Applications with Data and Analytics

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.

article thumbnail

Our Shared Responsibility: Africa’s Cybersecurity Imperative

Cisco: M&A

We have a shared responsibility to embed cybersecurity at the core of our digital strategies, and we look forward to the opportunity to enhance cyber resilience in Africa—a continent on the brink of a remarkable digital transformation.

Shares 98
article thumbnail

Warren Buffett's Berkshire trims Bank of America stake for the first time since 2019 after strong rally

CNBC: Investing

Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half years following the bank's strong 2024 run.

Bank 111
article thumbnail

Archrock to Acquire Total Operations and Production Services, LLC

Global Newswire by Notified: M&A

HOUSTON and MIDLAND, Texas, July 22, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) and Total Operations and Production Services, LLC (“TOPS”), a leading provider of contract gas compression services for the Permian Basin and portfolio company of investment funds managed by affiliates of Apollo Global Management, Inc. (“Apollo”), today announced that they have entered into a definitive agreement under which Archrock will acquire TOPS, including approximately 580,000 horsepower

article thumbnail

Monday's analyst calls: Apple price target increase, CrowdStrike gets a downgrade

CNBC: Investing

Tech giants Apple and CrowdStrike were among the stocks being talked about by analysts on Monday.

Stock 126
article thumbnail

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.

article thumbnail

Hamilton Thorne Announces Agreement to be Acquired by Astorg for CAD$2.25 Per Share in Cash

Global Newswire by Notified: M&A

BEVERLY, Mass. and TORONTO, July 22, 2024 (GLOBE NEWSWIRE) -- Hamilton Thorne Ltd (TSX: HTL) (“Hamilton Thorne” or the “Company”), a leading provider of precision instruments, consumables, software, and services to the Assisted Reproductive Technologies (“ART”), research, and the cell biology space, today announced that it has entered into a definitive arrangement agreement dated July 21, 2024 (the “Arrangement Agreement”) with an acquisition vehicle (the “Purchaser”) managed by Astorg, a leadin

Shares 81
article thumbnail

Ether ETFs appear set to launch on Tuesday, six months after massive debut for bitcoin funds

CNBC: Investing

The new funds are expected to begin trading as soon as Tuesday.

Funds 145
article thumbnail

Investigations Activity Report 2023

European Investment Bank

The European Investment Bank Group (EIB) is dedicated to maintaining the highest standards of integrity and has a zero-tolerance policy for any prohibited conduct. The Group’s Inspectorate General’s Investigations Division investigates allegations related to EIB-financed operations and the conduct of our staff and governing bodies. In 2023, we enhanced cooperation with Ukrainian law enforcement agencies and launched the EIB Fraud Fighters Network.

article thumbnail

Here are Monday's biggest analyst calls: Apple, Nvidia, Amazon, Burlington, CrowdStrike, Berkshire Hathaway, Coinbase & more

CNBC: Investing

Here are Monday's biggest calls on Wall Street.

125
125
article thumbnail

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.

article thumbnail

All Weather Group Announces Strategic Acquisition of Westeck Windows and Doors

Global Newswire by Notified: M&A

Canadian company expands market reach with acquisition of premier BC window and door manufacturer. Canadian company expands market reach with acquisition of premier BC window and door manufacturer.

article thumbnail

Goldman says buy this little-known digital entertainment stock primed to surge more than 200%

CNBC: Investing

Goldman Sachs sees big upside ahead for this stock that is just expanding into a large opportunity in North America.

article thumbnail

People Moves Monday: Morgan Stanley IM, Citi, State Street and more…

The TRADE

Head of London equity trading at Morgan Stanley Investment Management, Mark Perry, has retired The TRADE revealed. Perry’s retirement follows several other major retirements from buy-side trading heads in recent months. In May, global head of trading at Janus Henderson, Dan Royal, announced that he was set to step away from his role at the end of this year with Hugh Spencer due to take over the reins.

Trading 64
article thumbnail

Warren Buffett's Berkshire Hathaway has a new analyst, and he is lukewarm on the conglomerate

CNBC: Investing

TD Cowen's Andrew Kligerman initiated his coverage on the Omaha-based giant with a hold rating on Monday.

90
article thumbnail

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.

article thumbnail

Invesco Ltd: Form 8.3 - International Paper Company

Global Newswire by Notified: M&A

FORM 8.3 PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”).

article thumbnail

How AI is revolutionising financial services

Global Banking & Finance

By Russ Rawlings, RVP, Enterprise, UK&I, Databricks Strict regulation, along with time and cost restraints, means that the financial services industry must take a measured approach to embracing technological advancements.

article thumbnail

MarketAxess appoints UBS AM director as head of client solutions

The TRADE

Bill Spencer has been appointed h ead of cl ient s olutions at MarketAxess following five years at UBS Asset Management, most recently as executive director, multi asset centralised trading. Bill Spencer The role has been newly created, with Spencer set to hold responsibility for buy-side experience within MarketAxess’ trading system. Whilst at UBS, he worked as a senior trader on the US fixed income desk, as well as working on the daily trading of cash rates, credit, ETFs, and municipal bonds.

article thumbnail

Xpeng, Volkswagen set up project house to roll out new EV architecture

Global Banking & Finance

(Reuters) -Chinese electric vehicle (EV) maker Xpeng has established project houses for engineers in partnership with German automaker Volkswagen AG to accelerate the development process of new EV architecture, it said on Monday. The new establishments, to be located in China’s Guangzhou and Hefei, are warehouses for engineers from both parties to work together.

article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

Form 8.3 - Balanced Commercial Property Trust Limited

Global Newswire by Notified: M&A

8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the.

article thumbnail

This health-care stock just broke out higher and shows little signs of slowing down, according to charts

CNBC: Investing

In response to earnings this morning, this stock broke out above initial resistance from the daily cloud model in a bullish intermediate-term catalyst.

Stock 58
article thumbnail

TotalEnergies Texas refinery returns to normal operation, sources say

Global Banking & Finance

HOUSTON (Reuters) – TotalEnergies’ 238,000 barrel-per-day (bpd) Port Arthur, Texas refinery returned to normal operation over the weekend, people familiar with plant operations said on Monday.

52