2019 - Investment Banking Today

Brazil stocks enjoyed their best year since 2019. What to expect in the new year

CNBC: Investing

DECEMBER 29, 2023

That's its biggest annual increase since 2019 — when it rallied 31.6%. The Bovespa index, Brazil's stock benchmark, rallied 22% this year.

Stock

Stock IT

European Central Bank Cuts Interest Rates for First Time Since 2019

The New York Times: Banking

JUNE 6, 2024

The reduction comes as inflation in the eurozone cools, prompting the E.C.B. to move before the Federal Reserve in the United States, where rates remain high.

Bank

Bank Banking Financial Institution Economics

Public takeovers in the UK real estate sector

JD Supra: Mergers

MAY 31, 2023

BCLP has analysed all of the completed and ongoing public takeover transactions in the UK real estate sector since the beginning of 2019. Deal activity during that period has been consistently strong, with 15 completed transactions and three currently ongoing. By: Bryan Cave Leighton Paisner

AI-powered Estonian QA startup Klaus acquired by Zendesk

TechCrunch: M&A

FEBRUARY 13, 2024

Klaus — an Estonian-born startup which emerged in 2019 to aid customer services agents — has been acquired by global customer services platform Zendesk for an undisclosed amount. Last year Zendesk also acquired Tymeshift, a workforce management tool, to fold into its product.

Management

Management IT Mergers and Acquisitions Acquisitions

Two incident management startups join forces as FireHydrant nabs Blameless

TechCrunch: M&A

AUGUST 21, 2024

FireHydrant, an NYC incident management startup that launched in 2019, announced on Wednesday that it has acquired Blameless, a former competitor. The companies did not share the purchase price. Both companies help SREs (site reliability engineers) deal with the daunting job of keeping software and websites up and running.

Management

Management Engineering Shares IT

Warren Buffett's Berkshire trims Bank of America stake for the first time since 2019 after strong rally

CNBC: Investing

JULY 22, 2024

Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half years following the bank's strong 2024 run.

Bank

Bank Banking IT

Reform of the EU Foreign Direct Investment Screening Regulation – How might M&A Transactions be impacted?

JD Supra: Mergers

MARCH 27, 2024

On 24 January 2024, the European Commission (“Commission”) unveiled its proposals to reform the current EU Foreign Direct Investment Screening Regulation 2019/452 (“FDI Screening Regulation”).

M&A

M&A Investment Economics Securities

Patreon acquires livestream ticketed events startup Moment

TechCrunch: M&A

OCTOBER 17, 2023

Launched in 2019, Moment was founded by Arjun Mehta, Nigel […] © 2023 TechCrunch. The financial terms of the deal were not disclosed. Patreon says the acquisition will give creators on its platform a new way to share their content through ticketed digital experiences. All rights reserved. For personal use only.

Acquisitions

Acquisitions Shares IT Mergers and Acquisitions

This is why miners are selling their bitcoin at levels not seen since 2019

CNBC: Investing

JULY 11, 2023

Recent data shows a major increase in the amount of bitcoin moved by miners from the mining pool to crypto exchanges.

Monitorships – A Resource for AGs and Regulated Businesses Alike

JD Supra: Mergers

APRIL 16, 2024

This relates to HCA’s compliance with the conditions set forth in an asset purchase agreement involving six North Carolina hospitals it acquired when it purchased Misson Health System in 2019 for $1.5 By: Troutman Pepper

Hospitality

Hospitality Business Healthcare IT

Airline SAS to boost capacity after first quarterly profit since 2019

Global Banking & Finance

SEPTEMBER 1, 2023

Airline SAS to boost capacity after first quarterly profit since 2019 By Marie Mannes STOCKHOLM (Reuters) -Scandinavian airline SAS plans to ramp-up winter capacity this year, the company said on Friday as it posted its first quarterly pretax profit since late 2019, aided by lower fuel costs, higher ticket prices and strong demand.

Profitability

Profitability IT

Treasury Announces CFIUS Enforcement Blitz

JD Supra: Mergers

AUGUST 16, 2024

For the past several years, CFIUS’s webpage only included two enforcement actions, one from 2018 and another in 2019. Among other updates, the webpage provides information about six CFIUS penalty actions from 2023 and 2024. By: Torres Trade Law, PLLC

Trading

Trading Investment

PagerDuty scoops up incident management startup Jeli.io

TechCrunch: M&A

NOVEMBER 2, 2023

Jeli was founded in 2019 by Nora Jones, a chaos engineering veteran, who had previously worked at Netflix and Slack. PagerDuty announced this afternoon that it intends to acquire Jeli.io, an early-stage incident management startup. The companies did not share the price.

Management

Management Engineering Shares IT

MicroStrategy hit its highest level relative to bitcoin since 2019. How to hedge it, per Wolfe

CNBC: Investing

OCTOBER 10, 2024

Wolfe Research's Rob Ginsberg thinks MicroStrategy, a bitcoin proxy, is overbought in the near term.

IT

Even in an Olympic Year, a “Low Bar” for Intervening Parties can be a Major Hurdle

JD Supra: Mergers

AUGUST 9, 2024

The road leading away from HCA Healthcare’s 2019 acquisition of the multi-campus Mission Health hospital system in Western North Carolina has been a bumpy ride. HCA has faced suit connected to the transaction alleging it exploited monopoly power – resulting in higher prices, lower quality care, and limited patient access.

Hospitality

Hospitality Profitability Acquisitions IT

China’s version of Spotify is ‘underappreciated,’ Morgan Stanley says

CNBC: Investing

DECEMBER 3, 2023

"The music industry has been the fastest growing entertainment segment in China with 140% revenue growth between 2019 and 2023," Morgan Stanley estimates.

Entertainment

American Express Buys Tock to Pursue Customers Shelling Out on Dining

The New York Times: Mergers, Acquisitions and Dive

JUNE 21, 2024

The credit card company acquired Tock, a restaurant reservation company, after buying its rival, Resy, in 2019.

IT

IT Mergers and Acquisitions Acquisitions Mergers

UK fines WH Smith, M&S and others for not paying minimum wage

Global Banking & Finance

JUNE 20, 2023

UK fines WH Smith, M&S and others for not paying minimum wage LONDON (Reuters) – Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, for failing to pay their lowest paid staff the minimum wage between 2017 and 2019.

Retail

Retail Government Business

Deutsche Bank says it's time to invest in trash through these 2 stocks: 'Compounding defensive growth'

CNBC: Investing

MAY 22, 2024

According to the Waste Business Journal, the waste and recycling industry generated about $91 billion in 2022, which is significantly higher than in 2019.

IT

IT Bank Banking Investment

The Guardian in Talks to Sell The Observer to Tortoise Media

The New York Times: Mergers, Acquisitions and Dive

SEPTEMBER 17, 2024

The Observer, first published in 1791, could be bought by Tortoise Media, an outlet founded by a British media veteran that began publishing in 2019.

Media

Media Mergers and Acquisitions Acquisitions Mergers

Judge Denies FTC’s Motion for Preliminary Injunction in Microsoft’s Acquisition of Activision

JD Supra: Mergers

JULY 13, 2023

Based on a vertical foreclosure theory, this case marks the fourth loss for the antitrust agencies on a vertical theory of harm in recent years—starting with the AT&T-Time Warner case in 2019. By: Mintz

Acquisitions

Acquisitions IT

KKM Financial's Essential 40 stock fund is now an ETF

CNBC: Investing

OCTOBER 21, 2024

Many asset managers have been converting their mutual funds to ETFs in recent years, due in part to a 2019 SEC rule change.

Funds

Funds Asset Management Stock Management

UK demands better deal for drivers in road fuel market

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

Retail Finance Finance

Insurers Owe Coverage for Settlement Despite Bump-Up Provision

JD Supra: Mergers

AUGUST 24, 2023

On December 4, 2019, the insured media company merged with another media company. Applying Delaware law, the Superior Court of the State of Delaware has held that a bump up provision did not bar coverage of a settlement that resolved claims asserting breaches of fiduciary duty.

Insurance

Insurance Media Negotiation Mergers

Czech Competition Authority becomes even more powerful following changes to Czech Competition rules

JD Supra: Mergers

AUGUST 2, 2023

2019/1 providing the Czech Competition Authority (the CCA) with the measures necessary to effectively apply Arts. On 29 July 2023, a significant amendment to the Czech Act on the Protection of Competition (the Competition Act) enters into force. In addition to a very belated (two and a half years!) transposition of the ECN+ Directive No.

IT

These sectors outperformed in the first half. How analysts are playing them for the rest of 2023

CNBC: Investing

JUNE 30, 2023

The broader market index is up more than 15% year to date, on track for its best first half since 2019.

IT

Monomoy to sell manufacturer Sportech to Patrick Industries

PE Hub

JANUARY 11, 2024

Monomoy invested in Sportech in 2019. The post Monomoy to sell manufacturer Sportech to Patrick Industries appeared first on PE Hub.

Manufacturing

Manufacturing Investment

Logitech buys editing console maker Loupedeck

TechCrunch: M&A

JULY 18, 2023

The product line could prove a nice pairing for Logitech’s 2019 acquisition of livestreaming software developer Streamlabs. The company launched a successful Indiegogo campaign that same year, for an Adobe Lightroom editing console that brought in $411,000 — nearly five times its initial goal.

Portfolio

Portfolio Acquisitions Manufacturing IT

These S&P 500 stocks are trading at a discount as the second half gets under way

CNBC: Investing

JULY 5, 2023

The S&P 500 surged more than 15% to start the year, marking its biggest first-half gain since 2019 — when it jumped more than 17%.

S&P

S&P Trading Stock IT

Cisco Silicon One Breaks the 51.2 Tbps Barrier

Cisco: M&A

JUNE 20, 2023

In December 2019, we made a bold announcement about how we’d forever change the economics of the internet and drive innovation at speeds like no one had ever seen before. These were ambitious claims, … Read more on Cisco Blogs

Economics

TJC acquires Ardian’s investment in packaging firm Soteria Flexibles

PE Hub

SEPTEMBER 6, 2023

Soteria Flexibles was formed in 2019 following Ardian's acquisition of Colonial Bag. The post TJC acquires Ardian’s investment in packaging firm Soteria Flexibles appeared first on PE Hub.

Investment

Investment Acquisitions

London bus operator Arriva bought by US private equity firm

The Guardian: Mergers & Acquisitions

OCTOBER 19, 2023

Arriva was put up for sale in 2019 by its German owner, Deutsche Bahn, which had originally sought to offload the company to reduce its own debts. Continue reading.

Private Equity

Private Equity Equities Debt Sale

Liquidnet promotes from within for head of international client trading EMEA

The TRADE

JANUARY 9, 2024

Elsewhere in her career, Jacobs served as a summer intern at Liquidnet in 2018, before eventually joining the firm in a full-time role in 2019. Prior to that, she operated as a market structure and strategy analyst for a year and a half. This followed an internship at M&G Investments in 2017.

Trading

Trading Media M&A Equities

Coming Soon to Wi-SUN Field Area Network: Versatility to connect sensors with low power and high throughput capabilities

Cisco: M&A

FEBRUARY 22, 2024

In 2019 the Wi-SUN Alliance introduced the f… Read more on Cisco Blogs The Catalyst IR8140 Heavy Duty Series Router will be Cisco’s first router to support n ew Capabilities for FAN 1.1. to meet increasing digitization needs.

Utilities

The Orogen Group invests in digital tech firm Brillio

PE Hub

SEPTEMBER 5, 2023

Brillio is backed by Bain Capital Private Equity, which acquired a stake in the company in 2019. The post The Orogen Group invests in digital tech firm Brillio appeared first on PE Hub.

Investment

Investment Private Equity Equities Capital

Nautic Partners snaps up home health services firm Angels of Care from VHP

PE Hub

FEBRUARY 14, 2024

VHP acquired a majority stake in AOC in April 2019. The post Nautic Partners snaps up home health services firm Angels of Care from VHP appeared first on PE Hub.

CPP Investments to exit 24.5% stake in German offshore wind assets

PE Hub

NOVEMBER 6, 2023

The wind farms are located about 100 kilometers from the German North Sea coast and began operating in 2019 and 2020 The post CPP Investments to exit 24.5% stake in German offshore wind assets appeared first on PE Hub.

Investment

Waud Capital promotes Albers to partner

PE Hub

JANUARY 29, 2024

He joined WCP in 2019 as vice president of capital markets. The post Waud Capital promotes Albers to partner appeared first on PE Hub.

Capital

Capital Capital Market

Goldman explores investment adviser sale in retreat from mass market

Financial Times - Banking

AUGUST 21, 2023

Personal financial management business grew from United Capital acquisition in 2019

Sale

Sale Investment Capital Acquisitions

Trinity Hunt promotes Morgan and Oakes to partner

PE Hub

AUGUST 8, 2023

Morgan joined Trinity Hunt in 2019 and Oakes came on board in 2015. The post Trinity Hunt promotes Morgan and Oakes to partner appeared first on PE Hub.

Brightwood Capital Advisors prices latest mid-market CLO at $155m

PE Hub

FEBRUARY 6, 2024

Brightwood Capital MM CLO 2024-1 Ltd represents Brightwood’s sixth issuance since 2019. The post Brightwood Capital Advisors prices latest mid-market CLO at $155m appeared first on PE Hub.

Capital

Altice USA Said to Be Considering a Sale of Cheddar News

The New York Times: Mergers, Acquisitions and Dive

JULY 24, 2023

The cable company acquired the network, once billed as “CNBC for millennials,” in 2019 for $200 million.

Sale

Sale Mergers and Acquisitions Media Acquisitions

Entrepreneurial Equity Partners acquires frozen breakfast foods provider from Encore

PE Hub

JULY 13, 2023

MBC was formed with the acquisition of Murry’s Inc in 2019 and Bake Crafters in 2022. The post Entrepreneurial Equity Partners acquires frozen breakfast foods provider from Encore appeared first on PE Hub.

Food

Food Equities Acquisitions

Harvest Partners Ascend buys digital engineering firm Sparq

PE Hub

JUNE 21, 2023

Bain Capital Double Impact, Sparq’s current investment partner since 2019, will remain an investor in the company. The post Harvest Partners Ascend buys digital engineering firm Sparq appeared first on PE Hub.

Engineering

Engineering Investors Capital Investment

Brazil stocks enjoyed their best year since 2019. What to expect in the new year

European Central Bank Cuts Interest Rates for First Time Since 2019

Trending Sources

Public takeovers in the UK real estate sector

AI-powered Estonian QA startup Klaus acquired by Zendesk

Two incident management startups join forces as FireHydrant nabs Blameless

Warren Buffett's Berkshire trims Bank of America stake for the first time since 2019 after strong rally

Reform of the EU Foreign Direct Investment Screening Regulation – How might M&A Transactions be impacted?

Patreon acquires livestream ticketed events startup Moment

This is why miners are selling their bitcoin at levels not seen since 2019

Monitorships – A Resource for AGs and Regulated Businesses Alike

Airline SAS to boost capacity after first quarterly profit since 2019

Treasury Announces CFIUS Enforcement Blitz

PagerDuty scoops up incident management startup Jeli.io

MicroStrategy hit its highest level relative to bitcoin since 2019. How to hedge it, per Wolfe

Even in an Olympic Year, a “Low Bar” for Intervening Parties can be a Major Hurdle

China’s version of Spotify is ‘underappreciated,’ Morgan Stanley says

American Express Buys Tock to Pursue Customers Shelling Out on Dining

UK fines WH Smith, M&S and others for not paying minimum wage

Deutsche Bank says it's time to invest in trash through these 2 stocks: 'Compounding defensive growth'

The Guardian in Talks to Sell The Observer to Tortoise Media

Judge Denies FTC’s Motion for Preliminary Injunction in Microsoft’s Acquisition of Activision

KKM Financial's Essential 40 stock fund is now an ETF

UK demands better deal for drivers in road fuel market

Insurers Owe Coverage for Settlement Despite Bump-Up Provision

Czech Competition Authority becomes even more powerful following changes to Czech Competition rules

These sectors outperformed in the first half. How analysts are playing them for the rest of 2023

Monomoy to sell manufacturer Sportech to Patrick Industries

Logitech buys editing console maker Loupedeck

These S&P 500 stocks are trading at a discount as the second half gets under way

Cisco Silicon One Breaks the 51.2 Tbps Barrier

TJC acquires Ardian’s investment in packaging firm Soteria Flexibles

London bus operator Arriva bought by US private equity firm

Liquidnet promotes from within for head of international client trading EMEA

Coming Soon to Wi-SUN Field Area Network: Versatility to connect sensors with low power and high throughput capabilities

The Orogen Group invests in digital tech firm Brillio

Nautic Partners snaps up home health services firm Angels of Care from VHP

CPP Investments to exit 24.5% stake in German offshore wind assets

Waud Capital promotes Albers to partner

Goldman explores investment adviser sale in retreat from mass market

Trinity Hunt promotes Morgan and Oakes to partner

Brightwood Capital Advisors prices latest mid-market CLO at $155m

Altice USA Said to Be Considering a Sale of Cheddar News

Entrepreneurial Equity Partners acquires frozen breakfast foods provider from Encore

Harvest Partners Ascend buys digital engineering firm Sparq

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