JD Supra: Mergers

JULY 3, 2023

Earlier this week, the Federal Trade Commission (“FTC”) issued a Notice of Proposed Rulemaking for a major overhaul of the U.S. merger control reporting process. Among other things, the FTC’s proposed changes would require parties to a proposed transaction to submit many more documents, along with narrative submissions that would bring the U.S. process closer to the relatively more onerous requirement of European and Asian merger control regimes.

Mergers 159

Mergers Trading 159

TechCrunch: M&A

JULY 6, 2023

DigitalOcean , the cloud hosting business, today announced that it’s agreed to acquire Paperspace , a New York-based cloud computing and AI development startup, for $111 million in cash. DigitalOcean CEO Yancey Spruill says that Paperspace’s infrastructure and tooling, once integrated with DigitalOcean’s products, will enable customers to more easily test, develop and deploy AI applications.

Acquisitions 270

Acquisitions Business IT Capital 270

Business Standard - FInance

JULY 4, 2023

Bank of India Mahila Samman Savings Certificate: The scheme was announced by Union Finance Minister Nirmala Sitharaman during her Budget speech this year

Bank 145

Bank Banking Finance Finance 145

Deal Lawyers

JULY 5, 2023

Woodruff Sawyer recently published its 2023 Guide to Representations & Warranties Insurance, which provides an overview of current market conditions, policy terms and considerations for potential purchasers of RWI. In light of commentary suggesting a tightening claims environment, I thought what the report had to say on claims was pretty interesting.

Insurance 140

Insurance IT 140

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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?

Business

JD Supra: Mergers

JULY 6, 2023

The U.S. Court of Appeals for the Fourth Circuit recently approved injunctive relief as part of a strategy for settling mass tort claims through the Chapter 11 bankruptcy case of Bestwall LLC, an entity created by Georgia-Pacific LLC. A divided three-judge panel upheld a U.S. Bankruptcy Court for the Western District of North Carolina injunction that barred asbestos- injury claimants from continuing litigation against a nondebtor, finding that the bankruptcy court had jurisdiction and applied.

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TechCrunch: M&A

JULY 3, 2023

M&A and consolidation continue to be major themes in the tech world as companies look for their next steps in a tight market. That’s a trend impacting not just startups and larger tech companies, but the firms that work closely with them. In the latest development, HappyFunCorp — a product engineering house that designs and builds apps and more for the likes of Apple, Disney, Amazon and Twitter — is getting acquired by Canadian firm Tiny for $30 million.

Acquisitions 246

Acquisitions IT Business M&A 246

How2Exit

JULY 3, 2023

b' Sam Turner Discusses His Transition from the Corporate World to Entrepreneurship Through Acquisition - Watch Here rn rn Here is what my team and I learned from this interview: (These are notes from team members, writers, sometimes AI, and even listeners who submitted what i learned loosely edited and shared here) - If it seems a bit unrefined, you're reading our notes, so. yeah.

Corporation 130

Corporation Acquisitions Collaboration Business 130

JD Supra: Mergers

JULY 3, 2023

On June 27, 2023, the FTC announced a notice of proposed amendments to the premerger filing requirements under the Hart-Scott-Rodino (HSR) Act.

Mergers 171

Mergers 171

TechCrunch: M&A

JULY 7, 2023

Amazon’s planned acquisition of iRobot is now under in-depth antitrust scrutiny in the European Union. The $1.7 billion deal for the ecommerce behemoth to pick up the robot vacuum maker, announced just under a year ago , was cleared by competition regulators in the U.K. last month. But EU regulators are now stepping in for their own close sweep.

Acquisitions 237

Acquisitions M&A IT Manufacturing 237

Deal Lawyers

JULY 5, 2023

Last week, in Coster v. UIP Companies, (Del.; 6/23), the Delaware Supreme Court affirmed Chancellor McCormick’s earlier decision holding that the company’s board had a “compelling justification” for authorizing a dilutive share issuance to resolve a stockholder deadlock. The decision marks the lawsuit’s second trip to Delaware’s highest court.

Shares 124

Shares 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

How2Exit

JULY 3, 2023

12 Concepts We Can Learn About Selling Right on How2Exit's Interview W/ Kirk Michie - Watch Here Here is what my team and I learned from this interview: (These are notes from team members, writers, sometimes AI, and even listeners who submitted what i learned loosely edited and shared here) - If it seems a bit unrefined, you're reading our notes, so. yeah.

Mergers and Acquisitions 130

Mergers and Acquisitions Business Negotiation Private Equity 130

JD Supra: Mergers

JULY 3, 2023

Morocco has enacted amendments to its competition law that will have significant impacts on its merger control regime. The amendments include increasing the minimum turnover thresholds for merger control filings, introducing a simplified filing form for no-issue transactions, and requiring a filing fee, with an optional expedited process for an additional fee.

Mergers 145

Mergers IT 145

Global Banking & Finance

JULY 4, 2023

UniCredit appoints new head of digital to replace Jingle after two years MILAN (Reuters) – UniCredit has named Ali Khan, a cloud specialist who joins from consultancy PwC, as its new head of digital and information, replacing Jingle Pang, the Italian bank said on Tuesday.

Consulting 122

Consulting Banking Bank IT 122

The TRADE

JULY 4, 2023

HSBC’s head of artificial intelligence (AI) for markets and securities services has departed for rival bank, JP Morgan, The TRADE can reveal. Ash Booth joins JP Morgan as applied AI lead for markets operations after spending the last nine years with HSBC in data science roles. “We wish him all the best in his future endeavours and thank him greatly for his extensive contributions during his nine years with the bank and in particular the impressive leadership on artificial intelligence and machin

Trading 118

Trading Bank Banking Securities 118

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

Deal Lawyers

JULY 7, 2023

Last month, the SEC announced a settled enforcement action against Insight Venture Management LLC alleging that the fund advisor charged excess management fees & failed to disclose a conflict of interest relating to its fee calculations.

Private Equity 100

Private Equity Funds Equities Management 100

JD Supra: Mergers

JULY 3, 2023

If the proposed rule is finalized, merging parties will face expansive requirements for HSR filings and lengthy filing preparation times. On June 27, 2023, the US Federal Trade Commission ("FTC"), with the concurrence of the Antitrust Division of the US Department of Justice, issued a Notice of Proposed Rulemaking ("Proposed Rules") to amend the Hart-Scott-Rodino ("HSR") Form and Instructions.

Trading 145

Trading 145

Global Banking & Finance

JULY 3, 2023

UK demands better deal for drivers in road fuel market By James Davey LONDON (Reuters) -Britain will require supermarkets and retailers to give drivers access to live fuel prices at every petrol station on their phones or satnavs after the country’s antitrust regulator said competition had weakened in the sector since 2019.

Retail 122

Retail Finance Finance 122

The TRADE

JULY 5, 2023

AllianceBernstein (AB) has expanded its presence in the Middle East with a new office in Dubai International Financial Centre (DIFC), becoming the latest in a string of global asset management firms to set up shop in the region. The move comes as part of AB’s strategic plan to strengthen its presence in the Middle East. AB has been granted a Category 4 Licence from the Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in the DIFC.

Asset Management 111

Asset Management Financial Services Financial Institution Management 111

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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

CNBC: Investing

JULY 7, 2023

CNBC Pro screened for which stocks outperformed this week, and where analysts see them headed next.

S&P 98

S&P Stock 98

JD Supra: Mergers

JULY 7, 2023

On June 27, 2023, the Federal Trade Commission (FTC) and the Antitrust Division of the US Department of Justice (DOJ, and together with the FTC, the Agencies) announced proposed changes to the premerger notification filing form and rules under the Hart-Scott-Rodino (HSR) Act.

IT 130

IT Trading 130

Global Banking & Finance

JULY 3, 2023

Japan’s top lenders in fresh drive to win US investment banking deals By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -Japan’s top lenders aim to carve out a larger presence in U.S investment banking as they look to make better use of their massive balance sheets by winning a bigger slice of deals, executives say.

Investment Banking 122

Investment Banking Bank Banking Investment 122

The New York Times: Mergers, Acquisitions and Dive

JULY 7, 2023

The lawsuit targeted Wachtell, Lipton, Rosen & Katz, a well-known Wall Street law firm, for “unjust enrichment” related to Mr. Musk’s $44 billion purchase of Twitter.

Mergers and Acquisitions 98

Mergers and Acquisitions Media Corporation Mergers 98

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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

CNBC: Investing

JULY 7, 2023

Analyst Chris Dendrinos initiated coverage of the electric and hydrogen power company with an outperform rating.

Stock 98

Stock 98

JD Supra: Mergers

JULY 7, 2023

Blackford Capital has announced it has acquired PACIV. PACIV, with its U.S. headquarters in Indianapolis, is a provider of industrial process automation and systems integration.

Private Equity 130

Private Equity Healthcare Equities Capital 130

Global Banking & Finance

JULY 3, 2023

UBS goes on hiring spree for wealth managers catering to rich Americans By Tatiana Bautzer NEW YORK (Reuters) -UBS has gone on a U.S. recruiting drive for wealth managers catering to rich Americans even as it considers culling 30% of its combined global workforce after the takeover of Credit Suisse.

Management 122

Management Recruitment IT 122

Cisco: M&A

JULY 7, 2023

In today’s fast-paced digital landscape, businesses rely heavily on robust networking infrastructure to stay competitive and ensure smooth operations.

Business 98

Business 98

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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

CNBC: Investing

JULY 7, 2023

Wedbush raised its price target on Rivian shares to $30 from $25 as the company's production difficulties improve.

Shares 98

Shares IT 98

JD Supra: Mergers

JULY 7, 2023

Cetera is acquiring The Retirement Planning Group (TRPG), a registered investment advisory (RIA) firm that has $1.4 billion in assets. By: Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Advisory 130

Advisory Investment 130

Global Banking & Finance

JULY 3, 2023

Sainsbury’s says UK food inflation falling as sales rise By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, said on Tuesday food inflation was starting to fall as a return to volume growth helped power a 9.8% rise in quarterly underlying sales.

Food 122

Food Sale Shares 122

Cisco: M&A

JULY 7, 2023

The integration of information technology (IT) and operational technology (OT) systems, also known as IT/OT integration, is a crucial process in industries such as manufacturing, energy, and… Read more on Cisco Blogs

Manufacturing 98

Manufacturing IT Securities 98

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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