JD Supra: Mergers

JUNE 28, 2023

In a decision likely to have a knock-on effect for future fraudulent transfer defense and valuation litigation, the Delaware bankruptcy court recently ruled that the price agreed in the sale of an oil and gas company closed by market participants represents the reasonably equivalent value for the assets being sold and is more reliable evidence of value than expert testimony prepared for the purposes of litigation.

Valuation 246

Valuation Sale 246

TechCrunch: M&A

JUNE 30, 2023

General Motors said Friday it has acquired Algolion, an Israel-based software startup that can detect potential hazards in battery cells. Financial terms were not disclosed. The automaker did say that Algolion’s six employees, including the company’s founders, will remain based in Israel and join more than 850 employees at the GM Technical Center in Herzliya, Israel.

Acquisitions 237

Acquisitions Manufacturing IT Management 237

CNBC: Investing

JUNE 29, 2023

The SEC has long opposed a spot bitcoin ETF, but a filing by BlackRock earlier this month has sparked optimism that the regulator could soften that stance.

Investment 145

Investment 145

Business Standard - FInance

JUNE 26, 2023

Retirement fund body EPFO has extended the deadline for filing applications to opt for a higher pension till July 11. This is the second extension of the deadline for applying for a higher pension. Earlier, it was extended from May 3, 2023, to June 26, 2023. The last opportunity of 15 days is being given to remove any difficulty faced by the eligible pensioners/ members, the Employees' Provident Fund Organisation said in a statement.

Funds 119

Funds IT 119

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Business

JD Supra: Mergers

JUNE 26, 2023

It’s been many years since our last pop quiz for all you business divorce aficionados. Time for another. See how many you get right before you read the answers. By: Farrell Fritz, P.C.

Business 245

Business 245

Successful Acquisitions

JUNE 27, 2023

Will Cava Going Public Set the Table for Other IPOs? By David Braun, Founder and CEO, Capstone Strategic When Washington DC based restaurant chain Cava became a publicly traded company recently, it bucked a trend that has lasted nearly two years, a notable absence of American IPOs. The past 18 months have marked the slowest initial public offering market since the financial crisis of 2008.

IPO 111

IPO Initial Public Offering Public Trading Private Equity 111

The TRADE

JUNE 27, 2023

Integrated trade and communications surveillance has seen a 100% increase over the last year as regulators continue to ramp up enforcement actions, a SteelEye report has found. The report’s findings come as regulators up their enforcement actions related to communications and trade surveillance on both sides of the Atlantic. In 2022, the UK Financial Conduct Authority (FCA) issued almost triple the number of fines compared the previous year.

Financial Institution 105

Financial Institution Trading Financial Services Management 105

JD Supra: Mergers

JUNE 26, 2023

The recent surprise announcement that LIV Golf and the PGA Tour had agreed to settle their hotly contested antitrust lawsuit came as a shock to many, including the golfers who play on the tours. Since the announcement, much of the commentary has centered on the stunning (and, some say, hypocritical) reversal of the PGA Tour’s position regarding the involvement of the Saudi Arabian Public Investment Fund and the implications for the players and tournaments in the future.

Mergers 242

Mergers Funds Investment 242

TechCrunch: M&A

JUNE 26, 2023

ThoughtSpot , an AI-powered analytics platform last valued at $4.5 billion, today announced that it’s entered into a definitive agreement to acquire Mode Analytics, a business intelligence startup, for $200 million in cash and stock. Mode will become a wholly owned subsidiary of ThoughtSpot once the deal closes later this year, subject to customary closing conditions and the approval of Mode’s shareholders.

Stock 200

Stock Acquisitions Engineering Business 200

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.

Bank

Business Standard - FInance

JUNE 29, 2023

The tieup of HDFC Bank & Housing Development Finance Corp creates a lender that ranks 4th in equity m-cap, behind JPMorgan Chase, Industrial and Commercial Bank of China and Bank of America Corp

Bank 98

Bank Banking Mergers M&A 98

The New York Times: Mergers, Acquisitions and Dive

JUNE 29, 2023

The company did not specify how many were shed and said that the magazine, known for its focus on discovery and exploration, would continue to be published on a monthly basis.

IT 98

IT Mergers and Acquisitions Acquisitions Mergers 98

Global Banking & Finance

JUNE 28, 2023

Reach Maximum Business Potential With Adam Stott’s “AI For Business Unlocked” Training Authored by James Nottingham The term “maximum business potential” is described as a state of a business’s greatest chance of success, a point where they have developed a clear understanding of its target market, assembled a team of experienced professionals, and is operating […]

Business 98

Business IT 98

TechCrunch: M&A

JUNE 26, 2023

Want more fintech news in your inbox? Sign up here. Finance automation company Ramp has acquired Cohere.io, a startup that built an AI-powered customer support tool, the companies told TechCrunch exclusively. Founded in 2020, New York-based Cohere.io (not to be confused with Cohere, another AI startup that recently raised capital ) raised $3.1 million in a seed funding round led by Initialized Capital, later tacking on another $400,000 in funding.

Capital 188

Capital Acquisitions IT Capital Raising 188

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.

Finance

Business Standard - FInance

JUNE 29, 2023

PAN-Aadhaar Link Deadline: Don't miss the PAN-Aadhaar link deadline! Find out the fees, status, and step-by-step guide to linking your PAN card with Aadhaar. Failure to link can result in consequences.

IT 98

IT 98

Global Newswire by Notified: M&A

JUNE 26, 2023

With Mode and ThoughtSpot, data teams can use a flexible, efficient code-first approach to deliver self service analytics to business users, easily collaborate with these stakeholders, and quickly connect data investments to meaningful, tangible business outcomes

Business 98

Business Collaboration Investment 98

PE Hub

JUNE 28, 2023

Arcline's bid surpasses KKR's offer to acquire CIRCOR for $51 per share. The post Arcline makes bid to acquire industrial valve maker CIRCOR for $57 per share appeared first on PE Hub.

Shares 96

Shares 96

TechCrunch: M&A

JUNE 30, 2023

Hello, and welcome back to Equity , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. All the cool kids are filling out the Equity listener survey. We want to hear from you! Mary Ann and Alex are back for another busy news week chock full of deals to chew through. Here’s the rundown: Deals of the Week: We think that the idea behind the recently-funded Honey Homes is excellent , but we’re split about the cost.

M&A 184

M&A Equities Funds Business 184

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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.

IT

Business Standard - FInance

JUNE 30, 2023

State Bank of India (SBI) on Monday said its Chief Financial Officer Charanjit Surinder Singh Attra has put in his papers. ". we submit that Charanjit Surinder Singh Attra, Chief Financial Officer, has resigned from the services of the bank, the resignation is accepted by the appropriate authority with effect from close of the business hours on 30th June 2023," the bank said in a filing to stock exchanges.

Bank 98

Bank Banking Shares Stock 98

Global Newswire by Notified: M&A

JUNE 26, 2023

Communiqué - Acquisition de Creed - 26 06 23 FR PRESS RELEASE June 26, 2023 KERING BEAUTÉ ACQUIRES CREED, THE HIGH-END LUXURY HERITAGE FRAGRANCE.

Acquisitions 105

Acquisitions 105

Cisco: M&A

JUNE 26, 2023

To evade detection, attackers will often live-off-the-land by using pre-installed binaries like powershell.exe and communicating with legitimate cloud services like dl.dropbox[.]com.

Securities 97

Securities 97

TechCrunch: M&A

JUNE 26, 2023

Defense technology company Anduril Industries has acquired Adranos , a startup that manufactures solid rocket motors for in-space and terrestrial applications. The two companies did not disclose the terms of the deal. Indiana-based Adranos’ solid rocket motor propulsion systems are designed for tactical missiles, hypersonics and space launch vehicles.

Acquisitions 164

Acquisitions Shares Manufacturing Business 164

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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.

Manufacturing

Business Standard - FInance

JUNE 29, 2023

Sundaram Alternates, an arm of Chennai-based Sundaram Group, on Thursday launched its fourth high-yield credit fund with a corpus of Rs 1,500 crore. The new fund seeks to raise Rs 750 crore with a green shoe option worth Rs 750 crore, taking the aggregated target size to Rs 1,500 crore. The fund will focus on sub-Rs 100 crore deals, which offers fund diversification as well as attractive risk-rewards, Vikaas M Sachdeva, managing director of Sundaram Alternates, said.

Funds 98

Funds M&A Portfolio Securities 98

Global Newswire by Notified: M&A

JUNE 27, 2023

As per the report by Fortune Business Insights, the global Retail Analytics Market size is projected to reach USD 23.53 Billion by 2030, at a CAGR of 17.6% during the forecast period. As per the report by Fortune Business Insights, the global Retail Analytics Market size is projected to reach USD 23.53 Billion by 2030, at a CAGR of 17.6% during the forecast period.

Retail 94

Retail Business 94

CNBC: Investing

JUNE 27, 2023

If investors pick the right bank, they're likely to be paid only in stock rather than partly in cash, and the premium will probably be small, an analyst says.

Bank 98

Bank Banking Stock M&A 98

TechCrunch: M&A

JUNE 27, 2023

Socure , the identity verification service that raised a massive $450 million Series E round at a $4.5 billion valuation during the heady fundraising days of late 2021 (and $100 million earlier in 2021), today announced that it has acquired identity verification service Berbix for $70 million in cash and stock transactions. Berbix previously raised a total of $11.6 million , including a $9 million Series A round led by Mayfield in 2020.

Valuation 162

Valuation Acquisitions Engineering Healthcare 162

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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.

Healthcare

Business Standard - FInance

JUNE 29, 2023

Domestic tour operators on Thursday welcomed the government's move to defer hike in tax collection at source on overseas tour packages till September 30 calling but reiterated that it should be brought down to 2.5 per cent. In a statement, Indian Association of Tour Operators (IATO) -- the apex body of tour operators in the country with more than 1,700 members -- thanked the government for "giving partial relief of deferring Tax Collection at Source (TCS) on the overseas tour packages till Septe

Government 98

Government IT 98

Growth Business

JUNE 29, 2023

By Henry Williams on Growth Business - Your gateway to entrepreneurial success With global events pushing up wholesale energy prices, and despite limited Government intervention to control costs, there’s never been a better time to adopt measures to better manage your business energy usage and budget. Smart meters, which are currently being rolled out across Britain, can help your scale-up do just that.

Business 92

Business Government IT Management 92

Cisco: M&A

JUNE 29, 2023

Cisco is proud to announce that Webex by Cisco (Webex) – comprising Webex Meetings, Webex Messaging, and Webex Calling – is the first collaboration and conferencing solution to achieve Level 3 adh… Read more on Cisco Blogs

Collaboration 97

Collaboration Securities 97