Fri.Nov 08, 2024

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Is antitrust back in fashion? Implications of the FTC‘s win in the Tapestry/Capri merger

JD Supra: Mergers

On October 24, 2024, the District Court for the Southern District of New York granted the Federal Trade Commission (“FTC”)’s request for a preliminary injunction to halt the merger between Tapestry, Inc. (“Tapestry”) and Capri Holdings Limited (“Capri”) (collectively the “Parties”). The proposed transaction would combine Tapestry’s Coach, Kate Spade, and Stuart Weitzman brands with Capri’s Michael Kors, Jimmy Choo, and Versace brands.

Mergers 169
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IPConsul automates operations with Cisco’s industrial IoT secure networking

Cisco: M&A

Remote sensors and a continuous drip of information transform production efficiency for remote Canadian maple syrup farm.

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Analyzing Second Requests: Trends in Premerger Antitrust Review and Political Influence

JD Supra: Mergers

ComplexDiscovery’s Editor’s Note: This concise analysis delves into the historical trends of Second Requests in U.S. antitrust review, spanning from 2000 to 2023. It explores how these trends correlate with presidential administrations, underscoring the impact of political shifts on regulatory scrutiny.

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Chancery Applies “Independent Legal Significance” Doctrine to Nevada Reincorporation Vote

Deal Lawyers

Yesterday, in Gunderson v. The Trade Desk, (Del. Ch.; 11/24), the Chancery Court granted summary judgment to the defendants in a case involving claims that a Delaware corporation’s migration to Nevada required a supermajority vote under the terms of its charter.

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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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In the Lien of Sight November 2024 - Second Lien Loans in Subscription Finance

JD Supra: Mergers

Although second lien loans in subscription line finance have been discussed with interest over the years, their use has been sporadic and it has only been very recently that we have started to see a real uptake in the use of these structures, especially here in Europe.

Finance 180
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The 10-year Treasury yield has been rising. Here's where BlackRock’s Rick Rieder sees an opportunity

CNBC: Investing

You can find solid yield without having to move into lower quality – and without exposing yourself to too much rate sensitivity.

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TD Cowen’s James Baugh takes home the Industry Person of the Year Award 2024

The TRADE

James Baugh, managing director, head of European market structure, TD Cowen was voted industry person of the year at last night’s glittering Leaders in Trading awards gala. The Industry Person of the Year Award was decided by an industry vote by more than 300 attendees and later announced on stage. Now in its third year , the recognition is designed to celebrate individuals across the industry who have made a significant impact on their own organisation as well as the industry externally, with

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The Auditors’ View of the Current SPAC Market

JD Supra: Mergers

The SPAC market is chugging along with several IPOs and multiple deals being announced and closed. Although it's great to see this kind of activity again, the SPAC market is never without its challenges.

IPO 163
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Goldman Sachs: Why individual investors need to look at private investments to further grow wealth

CNBC: Investing

In the past decade, private investments exploded from $4 trillion to $14 trillion.

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Insurance M&A: Bermuda’s change of control requirements

JD Supra: Mergers

This article, the first in a multi-part series on M&A in insurance, considers the change of control regime under the Bermuda Insurance Act 1978 (the “Insurance Act”) as it applies to shareholder controllers of Bermuda insurers.

Insurance 163
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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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Closing 2024 with Style at Cisco Live Melbourne

Cisco: M&A

Go Beyond with Learning & Certifications at Cisco Live Melbourne. Explore Cisco U. Theatre sessions, exam savings, special offers, and more.

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AlloVir and Kalaris Therapeutics Announce Agreement for Transformational Merger to Create Company Focused on Diseases of the Retina

Global Newswire by Notified: M&A

Kalaris is a clinical-stage biopharmaceutical company founded by Samsara BioCapital and focused on development of TH103, a novel, differentiated and potentially transformative therapy for patients with neovascular and exudative retinal diseases

Mergers 94
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Leveraging Threat Intelligence in Cisco Secure Network Analytics, Part 2

Cisco: M&A

You can use public Cisco Talos blogs and third-party threat intelligence data with Cisco Secure Network Analytics to build custom security events.

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Goldman Sachs upgrades BioNTech to buy, sees stock surging more than 25%

CNBC: Investing

The bank upgraded shares of the German biotechnology firm to a buy rating from neutral.

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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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Converge Your WAN and Security With Cisco Firewall

Cisco: M&A

Cisco Secure Firewall is a comprehensive offering that simplifies threat protection by enforcing consistent security policies across environments.

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Citi upgrades Bank of America to buy, pointing to a lighter regulatory environment

CNBC: Investing

An 'outsized' valuation spread implies that shares of Bank of America could rally 33%, according to Citi.

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Leaders in Trading 2024 Gallery

The TRADE

Full gallery from The TRADE's Leaders in Trading 2024 awards from 7 November at The Savoy, London.

Trading 59
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DFCU Financial Announces Intent to Acquire Winter Park National Bank, Expanding Florida Footprint

Global Newswire by Notified: M&A

DEARBORN, Mich. and WINTER PARK, Fla., Nov. 08, 2024 (GLOBE NEWSWIRE) -- DFCU Financial, one of Michigan's largest and most trusted credit unions, is pleased to announce its intent to acquire Winter Park National Bank (WPNB), a well-established financial institution based in Winter Park, FL. This acquisition marks DFCU Financial’s third transaction within the state of Florida, furthering its commitment to providing comprehensive financial services and superior member experiences across the regio

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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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Portugal targets 2025 TAP sale as more than 12 potential buyers show interest

Global Banking & Finance

By Sergio Goncalves LISBON (Reuters) – Portugal’s government plans to resume the sale of flag carrier TAP in 2025, the country’s infrastructure minister said, after receiving interest from more than a dozen potential buyers.

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GoldHaven Completes Acquisition of Copper Peak Metals Inc.

Global Newswire by Notified: M&A

GoldHaven Resources Corp. completes acquisition of Copper Peak Metals Inc.

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UK regulator flags concerns and remedies for sale of baby formula

Global Banking & Finance

(Reuters) -Britain’s competition watchdog flagged concerns and potential solutions regarding the distribution of infant formulas on Friday, which could help improve the sector as well as reduce costs for parents.

Sale 52
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FNAC DARTY E RUBY RAGGIUNGONO CON SUCCESSO IL 91,1% DEL CAPITALE SOCIALE DI UNIEURO, LE CUI AZIONI SARANNO REVOCATE DALLA QUOTAZIONE

Global Newswire by Notified: M&A

COMUNICATO STAMPAIvry-sur-Seine, Francia — 8 novembre 2024, 19h15 CEST È VIETATA LA DIVULGAZIONE, LA PUBBLICAZIONE O LA DISTRIBUZIONE DEL PRESENTE.

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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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Scholz calls for cool heads to pull Germany out of political crisis

Global Banking & Finance

By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Chancellor Olaf Scholz on Friday demanded a calm debate from Germany’s squabbling factions on setting the date for a snap election to pull the country out of a political crisis.

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FNAC DARTY ET RUBY ATTEIGNENT AVEC SUCCÈS 91,1 % DU CAPITAL D’UNIEURO, QUI SERA RETIRÉE DE LA COTE

Global Newswire by Notified: M&A

COMMUNIQUÉ DE PRESSEIvry-sur-Seine, France — 8 novembre 2024, 19h15 CEST LA DIFFUSION, LA PUBLICATION OU LA DISTRIBUTION DE CE COMMUNIQUÉ DE PRESSE, EN.

Capital 52
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India says oil prices would have rocketed without its Russian imports

Global Banking & Finance

NEW DELHI (Reuters) – Global oil prices “would have hit the roof” if big importer India had not bought oil from Russia following the Ukraine war, India’s oil minister said, adding that prices would determine where the country buys oil from.

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Fnac Darty and Ruby Successfully Reach 91.1% of the Share Capital of Unieuro, Which Will be Delisted

Global Newswire by Notified: M&A

PRESS RELEASEIvry-sur-Seine, France — November 8, 2024, 19h15 CEST THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE IN WHOLE OR IN PART,

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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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Stellantis to lay off 400 workers at Detroit parts facility

Global Banking & Finance

By Nora Eckert DETROIT (Reuters) -Stellantis added to its rising tally of layoffs on Friday, saying 400 workers at a Detroit automotive parts facility would indefinitely lose their jobs as the carmaker reduces costs in its struggling North American business. “As Stellantis navigates a transitional year, the focus is on realigning its U.S.

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Communiqué relatif au dépôt d’un projet de note établi par la société MRM en réponse au projet d’offre publique d’achat simplifiée visant ses actions initiée par la société SCOR

Global Newswire by Notified: M&A

Ne pas publier, diffuser ou distribuer, directement ou indirectement, aux États-Unis d'Amérique ou dans tout autre pays dans lequel la distribution ou la diffusion du Communiqué est interdite par la loi.

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ASML hit with global IT outage that was resolved

Global Banking & Finance

(Reuters) – Computer chip equipment maker ASML had a global IT systems outage on Friday, which has been resolved, a spokesperson for the company told Reuters. “All systems are fully recovered,” the company said, adding that the cause of the outage is currently being investigated.

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How to profit if rates keep rising, going against the Fed and stock investors

CNBC: Investing

Jeff Kilburg breaks down a trade in the iShares Treasury bond ETF.

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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?