Shearman & Sterling

AUGUST 15, 2017

On August 1, 2017, the Delaware Supreme Court, in an opinion by Chief Justice Leo E. Strine, Jr., reversed and remanded an appraisal ruling that had determined the buyout of DFC Global Corporation ("DFC") by private equity investor Lone Star at $9.50 per share significantly undervalued the stock of DFC. DFC Global Corp. per share, 8.4%

Discounted Cash Flow 52

Discounted Cash Flow Private Equity Debt Shares 52

Shearman & Sterling

OCTOBER 24, 2017

GAMCO Asset Management Inc. v iHeartMedia Inc., 12312-VCS (Del. " In its short order, the Supreme Court affirmed without further elaboration.

Debt 40

Debt Sale Asset Management Funds 40

Wizenius

MARCH 30, 2023

The assets can include non-performing loans, bad debts, and other distressed assets. This can include restructuring the debt, liquidating assets, or selling them to other investors. After acquiring the company, Edelweiss ARC worked to restructure its debt, improve its operations, and turn it around.

Financial Institution 52

Financial Institution Business Debt Investors 52

Peak Frameworks

MAY 22, 2023

Liabilities represent the obligations a company has to outside parties, such as debts, loans, and accounts payable. For example, Amazon's acquisition of Whole Foods in 2017 required careful analysis of the accounting equation to determine the financial impact of the transaction. For example, Apple Inc. reported total assets of $338.16

Accountant 52

Accountant Equities Debt Private Equity 52

The Deal

JULY 18, 2023

Firms have lowered hold sizes and increased loan prices as they lean toward smaller transactions, team up with other lenders on deals, shy away from unfunded debt and turn up scrutiny on business performance. Borrowers typically don’t have to pay interest on unfunded debt until they tap those credit lines.

Debt 52

Debt Finance Finance Private Equity 52

The TRADE

JUNE 29, 2023

Investors in the US offshore market will be able to access Candriam’s existing UCITS funds that cover US high yield corporate bonds, emerging market equity and debt, and thematic strategies. Candriam first expanded into the US with a New York office in 2017 as part of its continued partnership with New York Life and IndexIQ.

Investment 64

Investment Investors Asset Management Sale 64

Shearman & Sterling

AUGUST 15, 2017

On August 1, 2017, the Delaware Supreme Court, in an opinion by Chief Justice Leo E. Strine, Jr., reversed and remanded an appraisal ruling that had determined the buyout of DFC Global Corporation ("DFC") by private equity investor Lone Star at $9.50 per share significantly undervalued the stock of DFC. DFC Global Corp. per share, 8.4%

Discounted Cash Flow 40

Discounted Cash Flow Private Equity Debt Shares 40

Peak Frameworks

JUNE 27, 2023

The key components of public finance include tax policy, expenditure policy, debt policy, and fiscal policy, which includes adjusting the other components to affect macroeconomic variables. In 2017, the US reduced the corporate tax rate from 35% to 21% under the Tax Cuts and Jobs Act.

Government 52

Government Finance Finance Management 52

Sica Fletcher

JULY 1, 2020

This was the fourth year in a row fundraising surpassed half a trillion dollars, with 2017, 2018, and 2019 recording the highest amounts of capital raised in history. Then the Pandemic Hit In summary, when the pandemic hit, the PE markets reached an unprecedented level of dry capital, fueled further by remarkably cheap debt.

Private Equity 52

Private Equity Insurance Debt Equities 52

Sica Fletcher

JULY 11, 2024

While the cost of debt has increased to the point that buyers often acquire brokerages at an initial loss, insurance brokerage M&A multiples have not only held steady but are actually seeing all-time highs. Equity used to consist of senior debt (i.e., the amount all common shareholders invest in the brokerage).

Insurance 52

Insurance M&A Debt Equities 52

Growth Business

JULY 11, 2023

>See also: Here’s how you undertake an IPO in the UK in the best way It’s a stock market which provides primary and secondary markets for equity and debt products. Changes were made to VCTs in 2017 so that investors only put money in ‘true growth’ companies – in other words, firms that generate significant cash flow and earnings.

Finance 75

Finance Finance Business Debt 75

The Deal

FEBRUARY 6, 2024

billion in 2017, the deal that created WillScot, and went on to work with the surviving company on its purchase of Modular Space Holdings Inc. The buyer will pay $3 billion for the target’s equity and assume $800 million in debt. A&O advised the target side when TDR Capital LLP sold Williams Scotsman International Inc. billion.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Banking Bank 52

The TRADE

FEBRUARY 14, 2024

JSE’s main competitor, A2X, went live in October 2017, offering an alternative trading venue for the secondary listing and trading of shares. Elsewhere, the Cape Town Stock Exchange (CTSE) caters to small to medium -sized businesses, licensed to issue both equity and debt.

Trading 69

Trading Equities Broker IT 69

Sica Fletcher

JULY 31, 2024

In addition to the high cost of debt interfering with their bottom line, they also have to contend with a buyer pool that’s larger than ever before , with 50+ buyers in the current pool where there used to be ~5. Sellers are remaining patient and working with M&A advisosr to identify areas of opportunity. Learn more at SicaFletcher.com.

M&A 52

M&A Insurance Debt Equities 52

Cooley M&A

MAY 21, 2021

In reaching this order, the court applied the prevention doctrine, finding that the unavailability of buyer’s debt financing did not permit buyer to circumvent its obligation to close because buyer materially contributed to the debt financing being unavailable. All of those demands were rejected by the lenders.

M&A 40

M&A Debt Private Equity Finance 40

Wall Street Mojo

JANUARY 17, 2024

Financing Activities = It involves cash transactions with the company’s owners and creditors, including equity and debt-related activities. from 2014 to 2017. Investing Activities = The cash transactions related to the acquisition and sale of long-term assets. is left with $1,774,000 as cash and cash equivalents.

Accountant 98

Accountant Finance Finance Profitability 98

Sica Fletcher

SEPTEMBER 25, 2019

The predictability of the cash flows enables the acquiring entity to use debt in the capital structure, which dramatically increases the returns. In 2018, we lead the country with 79 transactions completed for insurance agents and brokers, and in 2017, we led the country with 62 closed transactions.

Private Equity 52

Private Equity Equities Insurance Capital 52

Sica Fletcher

MAY 8, 2024

Other times, they are hoping to use their share of the sale to alleviate personal debt. Manageable Debt. According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Are looking for a career change. Learn more at SicaFletcher.com.

Insurance 52

Insurance M&A Valuation Advisory 52

Sica Fletcher

MARCH 8, 2024

Deal Processes Will Be Longer and More Complicated Than Usual In deals on which we’ve consulted and those we’ve monitored, our teams have noted a remarkably larger number of deals in which buyers take on a greater amount of equity in their payout to compensate for the higher cost of debt and equity capital for potential buyers.

Insurance 52

Insurance M&A S&P Valuation 52

Sica Fletcher

JUNE 20, 2024

This is even more interesting when we view the rate of return for these insurance agencies, which has actually dropped below the cost of acquiring debt for a transaction, creating a negative spread for the first time in M&A history. It used to be the case that equity structures consisted of senior debt (i.e.,

Insurance 52

Insurance M&A Valuation Equities 52

Sica Fletcher

MAY 15, 2024

According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014.

Insurance 52

Insurance M&A S&P Valuation 52

InvestmentBank.com

AUGUST 14, 2019

For instance, there was an increase in the teaching of online courses from 30% in 2016 to 42% in 2017. With 813 new EdTech companies funded in 2017, the market projects 17% growth in the EdTech industry reaching $250 billion of market investment by 2020 [13]. With high levels of student loan debt, this demand has become more urgent.

Education 52

Education Mergers and Acquisitions Capital Investment 52

Sica Fletcher

JULY 23, 2024

Since H2 2022, industries across the board (including insurance) have seen declines in deal volume as prospective buyers have withheld their funds for more favorable conditions in which the cost of debt is not so high. Learn more at SicaFletcher.com. Contact: Mike Fletcher Managing Partner, Sica | Fletcher mjf@sicafletcher.com

Insurance 52

Insurance M&A S&P Valuation 52

Sica Fletcher

APRIL 11, 2024

personal debt, business/legal liabilities, time-sensitive investment opportunities) may prompt owners to sell quickly. According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Financial Need. Urgent financial requirements (e.g.,

Insurance 52

Insurance Advisory M&A Investment Banking 52

Growth Business

MARCH 1, 2024

Capital is available, valuations have started to normalise and the debt markets are still supportive – albeit with greater scrutiny and higher costs. The data below from Statista shows the volume of UK private equity deals between 2017 and 2022.

Private Equity 59

Private Equity Equities Investment Business 59

Mergers and Inquisitions

JANUARY 31, 2024

This is especially common in areas like distressed debt investing that depend heavily on catalysts. “Quick analyses” could still come up, especially when catalysts are triggered, so there is some overlap between the multi-manager and single-manager investment styles.

Funds 59

Funds Management S&P Recruitment 59

The TRADE

APRIL 30, 2024

The transition away from Libor began in earnest in 2017, when regulators raised concerns about the reliability and integrity of the benchmark. On 30 June 2023, Livor was replaced by the Secured Overnight Financing Rate (SOFR).

Financial Institution 69

Financial Institution Financial Market Risk Management Banking 69

OfficeHours

JUNE 13, 2023

The corporate tax rate was 35% for many, many years before being reduced to 21% in 2017 as part of the Tax Cuts and Jobs Act (the “TCJA”). debt – hence “leveraged buyout”) to finance their acquisitions. The first is that corporations’ after-tax-free cash (i.e.,

Private Equity 130

Private Equity Equities Debt Corporation 130

OfficeHours

JULY 7, 2023

The corporate tax rate was 35% for many, many years before being reduced to 21% in 2017 as part of the Tax Cuts and Jobs Act (the “TCJA”). debt – hence “leveraged buyout”) to finance their acquisitions. The first is that corporations’ after-tax-free cash (i.e.,

Private Equity 100

Private Equity Equities Corporation Debt 100

The TRADE

MARCH 31, 2025

Under his stewardship, Liontrust was awarded The TRADEs Multi-Asset Trading Desk of the Year and Mid-Cap Trading Desk of the Year in 2022 and 2017 respectively. Fidelity Internationals head of debt capital markets for EMEA, Stephen Whyman, is set to leave the buy-side firm, as revealed by The TRADE can reveal.

Debt Capital Markets 59

Debt Capital Markets Trading Architecture Asset Management 59

Mergers and Inquisitions

NOVEMBER 6, 2024

Second, on taxes: Many provisions of the 2017 Tax Cuts & Jobs Act (TCJA) expire at the end of 2025, which means there will be some type of Congressional action before then. trillion in FY 23) goes to mandatory programs, such as Medicare, Social Security, and interest on the $35 trillion in national debt ( source ).

Government 59

Government Economics IT Finance 59