December, 2024

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The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025

JD Supra: Mergers

In 2024, the U.S. federal bank regulators were extremely active, with initiatives ranging from antitrust and capital to proposals regarding controlling shareholders and incentive-based compensation. Climate issues and resolution planning were also areas of focus. Originally published in Law360 - December 19, 2024.

Bank 261
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Nvidia completes acquisition of AI infrastructure startup Run:ai

TechCrunch: M&A

Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open sourced, meaning Nvidia rivals like AMD and Intel will be able to adapt it for their hardware. “We […] 2024 TechCrunch.

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Israeli spyware maker Paragon bought by US private equity giant

TechCrunch: M&A

The company's spyware, dubbed Graphite, is capable of hacking phones and stealing private communications. 2024 TechCrunch. All rights reserved. For personal use only.

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Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings

The New York Times: Mergers, Acquisitions and Dive

The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.

Mergers 142
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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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Warren Buffett's Berkshire Hathaway scoops up Occidental and other stocks during sell-off

CNBC: Investing

Berkshire Hathaway bought over $560 million worth of stocks over the last three sessions.

Stock 144
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Agentic AI Musings

Beyond M&A

To some, Agent-based AI is a buzzword, to others, they are already commercialising it. Instead of discussing the technology from afar, I will describe the use of Agents by taking you through a simple use case and then referring to a strong example of usage from a firm we did Tech DD on. I have a simplistic view of the tech itself – an agent will perform a specific task it is built for, in a particular sequence, to provide a specific output.

Investors 130

More Trending

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BlackRock to streamline Aladdin operations through Saphyre tie-up

The TRADE

Saphyre has partnered with BlackRock to integrate services with the firms end-to-end asset management platform Aladdin. This collaboration aims to streamline operations, mitigate risks, and simplify workflows for shared clients in the financial services industry. Our partnership with Aladdin represents a pivotal evolution for Saphyre, building on our already extensive network of top-tier investment managers and financial institutions, said Ray Shivers, COO of Saphyre.

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Nvidia clears regulatory hurdle to acquire Run:ai

TechCrunch: M&A

Chip company Nvidia gets the green light from the European Union to complete its acquisition of Run:ai. The EU came to a unanimous decision today that Nvidia could go ahead with its acquisition of Israeli GPU orchestration platform Run:ai, according to reporting from Bloomberg. The European Commission determined that if the merger went through, other […] 2024 TechCrunch.

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Greening the Bottom Line: M&A Heats the Race for Sustainable Innovation

Sun Acquisitions

The global shift towards sustainability is no longer a distant dream; it’s a full-fledged economic engine driving innovation. In this race to a greener future, Mergers and Acquisitions (M&A) are emerging as a powerful tool for companies to gain a significant edge. This strategic collaboration isn’t just about acquiring assets; it’s about supercharging sustainable solutions and accelerating progress.

M&A 59
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Royal Mail takeover by Czech billionaire Daniel Křetínský approved

The Guardian: Mergers & Acquisitions

UK government to retain golden share in parent company of International Distribution Services Business live latest updates The sale of Royal Mails parent company to the Czech billionaire Daniel Ketnsk has been approved by the UK government after a review under national security laws. A 3.6bn takeover of International Distribution Services (IDS) the owner of the 508-year-old Royal Mail by Ketnsks EP Group was confirmed on Monday morning.

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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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Disclosure of Preliminary Merger Negotiations: Are SPACs Different?

Deal Lawyers

Last week, the SEC announced settled enforcement proceedings against Cantor Fitzgerald for its alleged role in causing two SPACs that it controlled to make misleading statements to investors about the status of their discussions with potential acquisition targets ahead of their initial public offerings (IPOs).

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Acquisition and Leveraged Finance in the Channel Islands

JD Supra: Mergers

Jersey and Guernsey (collectively, the "Channel Islands") remain popular for both private equity buyout structures of UK and international corporate groups across various industries and asset classes, and for leverage structures to maximise existing investments and facilitate general corporate borrowing. Term loans, revolving credit facilities and high yield bonds are common features of transactions involving Channel Islands vehicles.

Finance 165
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Trade associations emphasise need for credit ratings to bolster EU corporate bond transparency regime

The TRADE

As ESMA’s review of European Union’s post-trade transparency regime enters its final stage, European trade associations have stressed the importance of credit ratings in underpinning the success of the EU post-trade transparency framework for corporate bonds. The trade associations – namely, the Association for Financial Markets in Europe (AFME), BVI (German Investment Funds Association), Bundesverband der Wertpapierfirmen (bwf), the European Fund and Asset Management Association (EFAMA) and the

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BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018

TechCrunch: M&A

Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million […] 2024 TechCrunch.

IT 275
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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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Malta: A Global Leader in Corporate Structure

MergersCorp M&A International

Malta, a small archipelago in the Mediterranean Sea, has established itself as a powerhouse in the gaming industry, drawing in companies and investors from around the globe. Several factors contribute to Malta’s unique position, making it an attractive destination for gaming businesses and entrepreneurs. The combination of a favorable tax regime, a vibrant Mediterranean lifestyle, EU membership, English-speaking population, and a friendly atmosphere creates a perfect scenario for success i

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EU’s new competition chief signals reform of anti-trust and state aid rules

The Guardian: Mergers & Acquisitions

Teresa Ribera says changes are needed to make it easier for innovative firms to merge and spur the green transition The EUs new competition chief has signalled a shake-up of anti-trust rules to make it easier for innovative companies to merge, as well as a relaxation of state aid policy to spur the green transition. In her first major speech since taking office last week, Teresa Ribera said EU merger and anti-trust rules needed to take full account of innovation and future competition, signallin

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Art Cashin's sons pay homage to NYSE legend by carrying on New Year's poem tradition

CNBC: Investing

For decades, UBS' Art Cashin wrote a New Year's poem. With Cashin's passing, his sons sent this homage to their father.

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Lack of Due Diligence During a Business Acquisition

JD Supra: Mergers

What risks are associated with a lack of due diligence during a business acquisition, asset purchase, stock purchase, or merger? How can due diligence make or break the success of any mergers and acquisitions transaction? Due diligence is so much less "attractive" than the deal-making portion of the transaction, and yet this is where the genuine profit, financial risk, and likelihood of success are locked into the transaction.

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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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GFO-X names ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as strategic partners ahead of launch

The TRADE

ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial have been named as strategic partners for GFO-X ahead of its launch in Q1 2025. GFO-X is the UKs first regulated and centrally cleared trading venue dedicated to digital asset derivatives. The trading venue stated that it has been working closely with these partners to deliver the requirements necessary to grow the institutional digital asset index futures and options market.

Bank 64
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Prosus buys Despegar for $1.7B, taking a bite out of Latin America’s travel sector

TechCrunch: M&A

Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the COVID-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its operations in the region. Despegars board of directors […] 2024 TechCrunch.

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Wall St. Is Minting Easy Money From Risky Loans. What Could Go Wrong?

The New York Times: Banking

Everyone from Jamie Dimon to the International Monetary Fund is ringing alarms about the shadowy world of private credit. But the money keeps rolling in.

Funds 145
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Innovations in Personal Protective Equipment with Jason Scharton & Scott Shinn

Focus Investment Banking

I think that’s kind of the challenge is, is to really have the shop management on board that safety train every day as, as people come in and to the, to the shop, new employees replacing other employees, you know, they’ve got to be indoctrinated into a culture of safety within the shop. And, and if it’s just the once a year, we say, hey, here’s all the PPE and you guys sign this agreement that you’ll wear it.

M&A 52
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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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Nvidia sees 'remarkable' influx of retail investor dollars as traders flock to AI darling

CNBC: Investing

Everyday traders bought nearly $30 billion of Nvidia shares on net this year, Vanda data shows.

Retail 145
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Energy & Sustainability M&A Activity — December 2024

JD Supra: Mergers

November 18, 2024: Piedmont Lithium, a U.S. based, development-stage, multi-asset, integrated lithium business in support of a clean energy economy and energy security, reached a definitive agreement to be acquired by Sayona Mining for an undisclosed amount. This merger marks a transformative step for Sayona, creating a leading North American lithium producer with the scale and capabilities to meet the growing demand for lithium products.

M&A 177
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Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger

The New York Times: Mergers, Acquisitions and Dive

The Federal Trade Commission notched a victory in its efforts against the supermarket merger, which it sought to block over concerns about harm to shoppers and workers.

Mergers 140
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Broadridge launches buy-side AI-powered algo service

The TRADE

Fintech Broadridge has launched a new artificial intelligence powered insights service aimed at arming the buy-side with better information around algorithmic strategies on NYFIX, the firms order routing network. The new service will offer insights to hedge funds, asset managers and other buy-side based off real-time liquidity mapping. It claims to be the only service of its kind, leveraging private and public data to understanding the liquidity landscape, including potential dark fil locations.

Trading 52
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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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How Bangladesh’s Economy Was Siphoned Dry

The New York Times: Banking

Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.

Bank 145
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Continued Growth in Software and IT Services M&A Expected in 2025

Solganick & Co.

December 20, 2024 – The software and IT services M&A market has seen a rebound in 2024 after a dip in 2023, with a focus on smaller transactions and strategic acquisitions. Key Trends in 2024: Recovery in M&A Activity: Deal volume is projected to grow by 15-20% fueled by companies looking to enhance their digital capabilities and expand into new markets.

M&A 52
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Nvidia falls into correction territory, down more than 10% from its record close

CNBC: Investing

Nvidia shares slumped more than 2% on Monday, putting shares of the AI chip darling in correction territory.

IT 145
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[Podcast] Rev Up! Deal Drivers: Steering Through Workforce Challenges in M&A

JD Supra: Mergers

With a likely uptick in M&A and investment activity in the Automotive/Mobility industry just over the horizon, we grab the steering wheel and take a spin with Deal Drivers. Deal activity in the evolving automotive and mobility industry will be driven by technological advancements impacting vehicles and the manufacturing processes to make vehicles as well as shifting consumer demands, geopolitics, and evolution in the supply chain.

M&A 145
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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?