JD Supra: Mergers

MAY 17, 2024

As the proposed $14.9 billion acquisition of U.S. Steel by Nippon Steel garners global attention, its implications extend far beyond mere corporate gains. This merger symbolizes a strengthening of the crucial U.S.-Japan economic and strategic partnership, promising significant investment in American infrastructure, workforce development, and industrial innovation.

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Mergers Mergers and Acquisitions Economics Corporation 309

TechCrunch: M&A

MAY 14, 2024

Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand in Asia, specifically by strengthening its position in Taiwan. On the other hand, it also underscores Delivery Hero’s ongoing retreat from that same market: The sale […] © 2024 TechCrunch.

Sale 165

Sale IT Mergers and Acquisitions Food 165

How2Exit

MAY 12, 2024

b' E211: Strategic Staffing: Nathan Hirsch's Key to Scaling Businesses through Effective Team Building - Watch Here rn rn rn About the Guest(s): rn Nathan Hirsch is an entrepreneur with a wealth of experience in online businesses and a talent for strategic growth and operations. Co-founder of FreeUp, a marketplace for pre-vetted freelancers which was scaled and successfully exited in 2019, Nathan has a knack for acquiring top-notch talent through optimized hiring processes.

Business 130

Business Portfolio Management IT 130

Deal Lawyers

MAY 16, 2024

Last month, the FTC filed an administrative complaint seeking to block Tapestry Inc.’s $8.5 billion proposed acquisition of Capri Holdings. This fight is all about purses, folks, because the FTC says that the deal would eliminate competition between Capri’s Coach & Kate Spade brands and Tapestry’s Michael Kors.

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Mergers Acquisitions 124

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

JD Supra: Mergers

MAY 17, 2024

Antitrust and Competition - European Commission Charges Company with Providing Incorrect, Incomplete, and Misleading Information During a Merger Control Proceeding - On 19 March 2024, the European Commission (Commission) sent a Statement of Objections to a manufacturer and distributor of mineral fibre sandwich panels (Company) in which it took the preliminary view that the Company intentionally or negligently provided incorrect, incomplete, and misleading information during the Commission’s.

Manufacturing 187

Manufacturing Mergers IT 187

The New York Times: Banking

MAY 16, 2024

A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.

Funds 138

Funds IT Financial Institution Bank 138

Deal Lawyers

MAY 13, 2024

In March, the Delaware Bar proposed DGCL amendments designed to addresses the issues created by the Chancery Court’s Crispo, Moelis, and Activision Blizzard decisions. However, some of the proposed changes, particularly a proposed amendment to Section 122 of the DGCL, attracted a lot of criticism.

Corporation 124

Corporation 124

JD Supra: Mergers

MAY 17, 2024

Bank for International Settlements. Credit risk management. On April 30, 2024, Bank of International Settlements issued updated guidance on counterparty credit risk management. The fresh guidance reaffirms the need for ongoing due diligence and the development of a comprehensive risk mitigation strategy to control counterparty credit risk.

Bank 187

Bank Banking Risk Management Management 187

CNBC: Investing

MAY 15, 2024

Burry, who now manages hedge fund Scion Asset Management, bought more than 440,000 units of the Sprott Physical Gold Trust (PHYS).

Funds 145

Funds Asset Management Investors IT 145

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IT

The New York Times: Mergers, Acquisitions and Dive

MAY 15, 2024

Mr. McCourt, a longtime critic of the way tech companies use data, sees acquiring TikTok as a chance to create an “alternative to the current internet.

Mergers and Acquisitions 131

Mergers and Acquisitions Media Securities Acquisitions 131

Deal Lawyers

MAY 17, 2024

A recent memo from Gibson Dunn addresses updated guidelines obtaining private letter rulings from the IRS addressing spin-offs and related debt exchanges. Here’s the intro: The Internal Revenue Service (the “IRS”) and the Treasury Department (“Treasury”) have released Rev. Proc. 2024-24 (the “Rev. Proc.

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Debt 113

JD Supra: Mergers

MAY 17, 2024

A new federal antitrust task force will focus on investigations in health care markets, and, where warranted, civil and criminal enforcement, the Department of Justice announced.

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CNBC: Investing

MAY 16, 2024

The filing comes after Flutter listed its shares on the New York Stock Exchange in January, and ahead of a move in its primary listing to the U.S. on May 31.

Entertainment 123

Entertainment Stock Shares IT 123

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

The TRADE

MAY 14, 2024

Nasdaq’s Nordic and Baltic equity offering, QuoteView, will be made available through Nasdaq Data Link this month, covering primary venues and MTFs in the region across equities, mutual funds and ETFs. The offering, which is powered by BMLL, provides T+1 consolidated best bid and offer (CBBO) data for Nordic and Baltic equity markets. The consolidated order book consists of all lit quotes across the primary venues and MTFs that trade Nordic and Baltic securities with the corresponding original p

Book-building 111

Book-building Equities Trading Investment Banking 111

Deal Lawyers

MAY 17, 2024

Major investors in VC-backed financings customarily obtain contractual rights to receive access to financial and certain other information from the company. In some cases, these rights include the ability to appoint an observer to attend board meetings.

Capital 113

Capital Finance Finance Investors 113

JD Supra: Mergers

MAY 13, 2024

Last week saw almost 1,140 registrants attend the FFA’s annual symposium at the Queen Elizabeth II Conference Centre in London. As ever, the event brought together a wide range of market participants from across the industry, providing a unique opportunity to network and learn more about the many exciting developments taking place in fund finance.

Finance 182

Finance Finance Funds 182

CNBC: Investing

MAY 12, 2024

Buffett commented on a host of different topics at Berkshire's annual meeting, including what to do with volatility and why cash is attractive.

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128

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Manufacturing

Cisco: M&A

MAY 16, 2024

Learn how Cisco and Nutanix deliver operational ease, adaptability, and robust infrastructure through complete simplicity, complete flexibility, and complete resiliency delivered in the Cisco Compute Hyperconverged with Nutanix solution.

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Deal Lawyers

MAY 14, 2024

Last month, I blogged about reverse mergers and highlighted a WilmerHale memo discussing some of the reasons that a reverse merger might be an attractive alternative to an IPO for some companies.

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Mergers IPO 113

JD Supra: Mergers

MAY 17, 2024

The treatment of restrictive covenants in Canada and the U.S. appears to be converging. The laws of both countries recognize an important distinction between non-competition agreements entered into in the context of employment (“employment non-competes”) and those entered into in the context of the sale of a business (“transactional non-competes”).

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Sale Business 177

CNBC: Investing

MAY 15, 2024

His conglomerate Berkshire Hathaway has acquired nearly 26 million shares of Chubb for a stake worth $6.7 billion.

Insurance 145

Insurance Stock Shares 145

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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

American Banker - Investment Banking

MAY 13, 2024

What lies ahead for the banking industry this year? Here's what analysts and investors are tracking after the latest bank earnings reports.

Investors 119

Investors Bank Banking Investment Banking 119

The New York Times: Banking

MAY 12, 2024

The Justice companies have long had a reputation for not paying their debts. But that may be catching up to them.

Debt 131

Debt Business Financial Institution Capital 131

JD Supra: Mergers

MAY 17, 2024

On May 9, 2024, the U.S. Department of Justice’s Antitrust Division (DOJ) announced it is “upping [its] game” on health care enforcement through the Task Force on Health Care Monopolies and Collusion (HCMC). The most recent in a series of DOJ task forces designed to target particular industries, the HCMC will broadly “guide the division’s enforcement strategy and policy approach in health care, including by facilitating policy advocacy, investigations and, where warranted, civil and criminal.

IT 177

IT 177

CNBC: Investing

MAY 16, 2024

Nextracker's management "is building a track record of outperforming its targets which should support a multiple expansion," according to Bank of America.

Bank 119

Bank Banking Stock Management 119

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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?

Management

Cisco: M&A

MAY 17, 2024

In the face of growing cybersecurity threats, UK policymakers have intensified efforts to protect the nation's digital infrastructure. This blog looks at insights from the UK McPartland review and the interdependence between cyber security and economic growth.

Economics 98

Economics Securities 98

Razorpay

MAY 15, 2024

Offline UPI transactions provide a solution for conducting digital transactions even in areas with poor network coverage. This service, based on the USSD code *99#, lets you perform various mobile banking transactions without an active Internet connection. You can transfer money, request funds, change your UPI PIN, and check your account balance anytime and anywhere.

Accountant 97

Accountant Bank Banking Financial Institution 97

JD Supra: Mergers

MAY 17, 2024

The purpose of the 341 Meeting is to examine the debtor’s financial position and to confirm facts stated by the debtor in the bankruptcy filing. While creditors are not required to attend the 341 Meeting, creditors have an opportunity to examine the debtor and ask questions related to the debtor’s financials and the bankruptcy case. The 341 Meeting can inform creditors of how claims might be treated and the debtor’s ultimate plan for their bankruptcy case.

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