Sun Acquisitions

JUNE 20, 2025

Chicago, IL – May 15, 2025—Sun Acquisitions, a leading mergers and acquisitions firm, is pleased to announce the successful completion of the sale of Kitchen & Baths Unlimited, a full-service kitchen and bath remodeling company, to a Private Investor, KBU, Inc.

Sale

Focus Investment Banking

JUNE 30, 2025

Things started to accelerate in 2015, with a tremendous spike from 2019 to 2021 when more than 15 DSOs were created each year. First, many of the private equity backed DSOs are preparing for their own sale processes. Second, some of the younger DSOs are in an initial growth phase.

Private Equity

JD Supra: Mergers

SEPTEMBER 24, 2024

Appellate court ruling widens scope of NY fee-splitting law to include earnouts - The decision overturned a lower court ruling relating to the sale of part of a dental practice in 2015. The plaintiff agreed to sell certain assets to another dental practice for $250,000.

Sale

The Guardian: Mergers & Acquisitions

MAY 15, 2023

The potential sale comes after the group – whose five resorts in the UK and one in Ireland are known for their tropical-themed indoor pools, spas and activities for kids and their sometimes eye-watering fees – bounced back to a profit after being forced to close outlets under pandemic restrictions.

Private Equity

The TRADE

DECEMBER 4, 2023

Meanwhile, Christopher Heffernan has been appointed executive vice president of fixed income, bringing over two decades worth of experience in fixed income sales and trading, business development and leadership roles. Heffernan will join from Flow Traders, where he has been head of fixed income sales since 2019.

Trading

TechCrunch: M&A

AUGUST 22, 2023

Following rumors that it was exploring the sale of its weather business as part of a move to streamline operations, IBM says that it’s found a buyer for The Weather Company, the weather forecasting and information company it acquired in 2015.

Media

The TRADE

JANUARY 2, 2024

Previously, he also served as global head of institutional sales at TP ICAP, and before that worked as head of sales EMEA and Asia Pacific at BGC Partners for two years. He joined financing, investment and risk management business CIC Market Solutions as a sales trader.

Trading

Global Banking & Finance

JUNE 2, 2023

Irish state, Britain’s NatWest to sell 6% stake in Permanent TSB LONDON/DUBLIN (Reuters) -Ireland’s finance ministry and British lender NatWest Group said on Thursday they would together sell 6% of Irish bank Permanent TSB, the first sale of shares in the lender by the Irish state since 2015.

Finance

The TRADE

AUGUST 30, 2023

In 2015, the European asset manager unified its trading teams under one multi-asset trading desk as part of a strategic review, aimed at executing a greater percentage of orders sent by portfolio managers. Hock originally joined Union in 2014 and has since been instrumental in the development of the firm’s trading strategy and structure.

Trading

Shearman & Sterling

MAY 16, 2016

645, 2015 (Del. Attencorough, No. May 6, 2016) (en banc). The decision has significant implications for (i) the effect of stockholder approval of a merger on the standard of review and (ii) investment banker conflicts.

M&A

The TRADE

JANUARY 8, 2024

Previously, he served as global head of institutional sales at TP ICAP, and before that worked as head of sales EMEA and Asia Pacific at BGC Partners for two years. Prior to joining Jefferies, he spent just under a decade at Morgan Stanley as an executive director covering US equity sales in London and Scandinavia.

Asset Management

The Deal

DECEMBER 19, 2023

Bomi Lee knew she wanted to specialize in M&A after working on two deals as a mid-level associate at Cravath, Swaine & Moore LLP in 2014 and 2015, she said on this week’s Drinks With The Deal podcast. “I ’s $7 billion sale of Veritas Technologies Corp. ’s $7 billion sale of Veritas Technologies Corp.

M&A

The Deal

AUGUST 10, 2023

(BERY) is holding discussions over what could amount to a $3 billion asset sale or spinoff, The Deal has learned. In the long term, Berry Global may also be considering other, smaller asset sales as well, a fifth industry source said. billion in sales for the 12-month period ended March 31, for about a 12.7% Evansville, Ind.-based

Sale

Cooley M&A

SEPTEMBER 1, 2017

A recent decision provides a helpful roadmap for directors and controlling stockholders (who also have fiduciary duties to the minority) when navigating sales of such companies where there are heightened litigation risks due to the presence of actual and perceived conflicts of interest.

Sale

Shearman & Sterling

AUGUST 21, 2018

Monster engaged Stone Key in April 2012 to assist in a "review of strategic alternatives," including a possible sale, and agreed to compensate Stone Key if it entered into certain transactions within 12 months of any termination of the engagement; Monster engaged another financial institution as a co-advisor. Monster Worldwide, Inc.,

Investment Banking

The TRADE

DECEMBER 11, 2023

Kepler Cheuvreux’s execution sales specialist Cherry Albon is set to join Berenberg next year, according to multiple sources familiar with the matter. Albon has been appointed associate director, senior sales for EMEA electronic trading and program trading, set to join the firm in February next year.

Trading

The TRADE

JULY 10, 2023

RBC’s co-head of European electronic sales and trading, Bianca Gould, is set to leave the bank after almost three years, as part of streamlining measures. Gould joined RBC Capital Markets in October 2020 to co-lead its European low touch sales and trading business alongside Chris Parker, who has been in the role since 2011.

Sale

Shearman & Sterling

OCTOBER 17, 2016

2015), and dismissed the case. The Court reached this conclusion despite allegations of an egregiously flawed sales process that the Court described as "disquieting." Holdings, LLC, 125 A.3d 3d 304 (Del. " Read more

Mergers

The TRADE

JULY 29, 2024

He joined Ninety One in 2013 as a client operations analyst, moving into a portfolio implementation role in 2015 and taking up his current role as fixed income trader in 2018. Prior to that, he worked at Morgan Stanley, initially joining as an electronic trading associate before going on to a role as equity sales trader.

Asset Management

Shearman & Sterling

JULY 17, 2018

As discussed in our prior post on this case, the Court of Chancery dismissed claims that the sale process undertaken by TFM was a "sham" designed by TFM's founder to deliver the company into the hands of a favored suitor. Morrison v. 445, 2017 (Del. July 9, 2018). KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del.

Mergers and Acquisitions

Shearman & Sterling

DECEMBER 18, 2018

Slights III of the Delaware Court of Chancery denied a motion to dismiss breach of fiduciary duty claims against the former CEO of a technology company (the "Company") in connection with its take-private sale to a private equity firm. In re Xura, Inc. Stockholder Litigation, C.A. 12698-VCS (Del. LLC, 125 A.3d 3d 304 (Del.

Private Equity

Shearman & Sterling

APRIL 9, 2019

of the voting power, orchestrated a sale of the company at a discounted price to address a personal need for liquidity prompted by his retirement as the company's CEO at age 73. Plaintiffs alleged that the company's founder, who held approximately 34% of the shares and controlled about 83.5% KKR Financial Holdings LLC, 125 A.3d

Mergers and Acquisitions

Shearman & Sterling

MAY 16, 2016

645, 2015 (Del. Attencorough, No. May 6, 2016) (en banc). The decision has significant implications for (i) the effect of stockholder approval of a merger on the standard of review and (ii) investment banker conflicts.

M&A

The Deal

SEPTEMBER 8, 2023

It could include, but is not limited to, a “sale, strategic partnership or joint venture, spinoff to shareholders or other separation transaction for some or all of the businesses within the business segment.” billion in sales for the 12-month period ended June 30, for about a 12.4% (BERY) announced Thursday, Sept. Evansville, Ind.-based

Business

Shearman & Sterling

JANUARY 10, 2018

Plaintiff alleged that the Apollo transaction was preferred because West's CEO, directors, and financial advisor would receive greater compensation for a whole-company sale than a segmented sale. Importantly, the Court rejected West's argument that Corwin v. Holdings, LLC, 125 A.3d 3d 304 (Del.

Sale

Shearman & Sterling

AUGUST 21, 2018

Monster engaged Stone Key in April 2012 to assist in a "review of strategic alternatives," including a possible sale, and agreed to compensate Stone Key if it entered into certain transactions within 12 months of any termination of the engagement; Monster engaged another financial institution as a co-advisor. Monster Worldwide, Inc.,

Investment Banking

Shearman & Sterling

NOVEMBER 27, 2018

Plaintiffs alleged that defendants recommended an ill-advised and self-interested sale while a restatement of audited financials was pending and following the NASDAQ delisting of the Company. Defendants contended that they were entitled to business judgment rule deference under Corwin v. KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del.

Acquisitions

Wall Street Mojo

JANUARY 17, 2024

The investing activities comprise the long-term asset purchase or sale. Add to it all the incoming cash from various sources like cash sale of goods or services, proceeds from the sale of assets or investments, the funds acquired by the issue of shares or through bank loans, etc. read more like salaries, taxes, etc.

Accountant

Shearman & Sterling

SEPTEMBER 6, 2016

for breach of fiduciary duty against the company's directors and officers, which was also based on a sale of the company that had been overwhelmingly approved by the company's shareholders. Slights III of the Delaware Court of Chancery dismissed an action brought by former shareholders of Auspex Pharmaceuticals, Inc. 10918-VCS (Del.

Mergers

The TRADE

JULY 3, 2023

Earlier in his career he held equity sales and trading positions at Cantor Fitzgerald. Kirk first joined Liquidnet as an equity trader in February 2015 after also previously serving in a similar role at BTIG. He departed after spending the last two years as Liquidnet’s co-head of EMEA trading, according to an update on social media.

Trading

Shearman & Sterling

OCTOBER 17, 2016

2015), and dismissed the case. The Court reached this conclusion despite allegations of an egregiously flawed sales process that the Court described as "disquieting." Holdings, LLC, 125 A.3d 3d 304 (Del. " Read more

Mergers

The TRADE

NOVEMBER 6, 2023

Industry Person of the Year 2023 shortlist: Seema Arora, managing director, head of execution sales, Instinet Europe Champion of The TRADE’s Rising Stars of Trading and Execution award scheme, Instinet Europe’s Seema Arora needs little introduction with an extensive financial career spanning more than 25 years.

Trading

Shearman & Sterling

JULY 17, 2018

As discussed in our prior post on this case, the Court of Chancery dismissed claims that the sale process undertaken by TFM was a "sham" designed by TFM's founder to deliver the company into the hands of a favored suitor. Morrison v. 445, 2017 (Del. July 9, 2018). KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del.

Mergers and Acquisitions

Shearman & Sterling

DECEMBER 18, 2018

Slights III of the Delaware Court of Chancery denied a motion to dismiss breach of fiduciary duty claims against the former CEO of a technology company (the "Company") in connection with its take-private sale to a private equity firm. In re Xura, Inc. Stockholder Litigation, C.A. 12698-VCS (Del. LLC, 125 A.3d 3d 304 (Del.

Private Equity

Shearman & Sterling

APRIL 9, 2019

of the voting power, orchestrated a sale of the company at a discounted price to address a personal need for liquidity prompted by his retirement as the company's CEO at age 73. Plaintiffs alleged that the company's founder, who held approximately 34% of the shares and controlled about 83.5% KKR Financial Holdings LLC, 125 A.3d

Mergers and Acquisitions

How2Exit

MAY 8, 2023

Concept 3: Maximize the Sale Price of Business When it comes to maximizing the sale price of a business, it is important to understand the process of business acquisitions and mergers. From 1999 to 2015, he worked on the company and developed it into a successful business.

Mergers and Acquisitions

Razorpay

SEPTEMBER 18, 2024

About Magic Needles Since 2015, Magic Needles has been a go-to destination for crochet and knitting enthusiasts, offering a wide range of yarn, hooks, needles, and hand-knit items like bags, scarves, and beanies. Today, Magic Needles is one of India’s leading providers of high-quality yarn and hand-knit goods.

Sale