Fri.Mar 22, 2024

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UK confirms in-depth antitrust probe into Three and Vodafone’s planned $19B merger

TechCrunch: M&A

The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The CMA says that the deal could lead to higher prices for consumers, while also impact future infrastructure investments. However, the CMA has given both parties a token five […] © 2024 TechCrunch.

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Shining a Light on “Security-Lite” March 2024 - Shining a Light on European “Security-Lite” Financings

JD Supra: Mergers

NAV facilities come in all shapes and sizes and, unlike subscription facilities, there is no standardised collateral package for these kinds of transactions. In the European market, many lenders - particularly investment banks - are focused on ensuring that they have recourse to the underlying assets of the fund via their security documents.

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Cathie Wood's Ark funds buy Reddit stock on first day of trading

CNBC: Investing

The total value of the combined stake of those funds is about $503 million, based on Reddit's closing price of $50.44 per share on Thursday.

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AIFMD II – What EU and non-EU fund managers need to know

JD Supra: Mergers

In order to harmonize the regulatory framework governing the European fund market, the European Commission has revised the existing Alternative Investment Fund Manager Directive – Directive 2011/61/EU (the "AIFMD"), with the introduction of the Alternative Investment Fund Manager Directive II ("AIFMD II").

Funds 175
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Navigating the Future: Generative AI, Application Analytics, and Data

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?

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Head of trading to take the reins at SIX Swiss Exchange as chief departs

The TRADE

Head of SIX Swiss Exchange Christian Reuss has marked his last day at the trading venue as he moves onto pastures new. Christian Reuss, Werner Bürki Reuss has been with the trading venue for just over 15 years, originally joining in 2009 as chief executive of a joint venture named Scoach, in partnership with Deutsche Börse. He later moved into a role as chief executive of SIX’s structure products exchange in 2013, rising up the ranks to chief executive of SIX Swiss Exchange in 2020.

Trading 100

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Building Bridges: The Power of Purpose Alignment for Positive Impact

Cisco: M&A

The quest for life’s meaning has been a constant throughout human history. Finding our personal purpose is essential for our emotional well-being and fulfillment as human beings.

Food 96
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Delaware Supreme Court Settles Forfeiture-for-Competition Question, Adopts Employee Choice Doctrine - Seventh Circuit Asks, ‘Are You Sure?’

JD Supra: Mergers

Less than two months after the Delaware Supreme Court provided the employers, investment partners and other business leaders that trust in the stability of Delaware law to protect their critical business interests with the comfort of knowing that their forfeiture-for-competition agreements (i.e., non-competes supported by post-employment equity) would remain enforceable, the Seventh Circuit has asked the Delaware Supreme Court for clarification on the scope of its decision.

Equities 170
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The Trustbuster Who Has Apple and Google in His Sights

The New York Times: Mergers, Acquisitions and Dive

Jonathan Kanter, the head of the Justice Department’s antitrust division, made his boldest move on Thursday by accusing Apple of antitrust violations.

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Oil & Gas Valuation: 5 Questions to Ask When Stock Is Used As Consideration

JD Supra: Mergers

Over the last several years, an acquiring company’s stock has become a more commonly used currency in upstream oil & gas merger and acquisition transactions. This trend can be attributed to its benefits, such as providing flexibility and potential upside for both the acquiring and….

Valuation 170
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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

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.

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DANONE : Information de Danone sur ses activités EDP en Russie

Global Newswire by Notified: M&A

Communiqué de presse – Paris, le 22 mars 2024 Information de Danone sur ses activités EDP en Russie Danone annonce avoir obtenu les autorisations.

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FDIC Proposes Increased Scrutiny of Bank Mergers

JD Supra: Mergers

Today, a divided Federal Deposit Insurance Corporation’s (FDIC) Board of Directors issued a proposed Statement of Policy (SOP) on bank merger transactions that would create a combined bank with more than $100 billion in assets. The proposed SOP would replace the FDIC’s current SOP on bank merger transactions and proposes a principles-based overview that describes the FDIC’s administration of its responsibilities under the Bank Merger Act (BMA).

Mergers 170
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AI and human intelligence make for better data

Private Equity Info

Leaders recognize the potential of Artificial Intelligence, and reports have been unanimous about the opportunity: AI will transform M&A, as it will everywhere, and investors are flocking.

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SEC Adopts Climate Change Disclosure Rules; Court Imposes Temporary Stay

JD Supra: Mergers

On March 6, 2024, in a 3 to 2 vote of the Commissioners, the US Securities and Exchange Commission (the "SEC") adopted rules that will require public companies to disclose extensive climate change-related information in their SEC filings. On March 15, 2024, a federal appellate court imposed a temporary stay pending judicial review of the new rules.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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Harborstone Credit Union Announces Agreement to Acquire SaviBank

Global Newswire by Notified: M&A

MOUNT VERNON, Wash., March 22, 2024 (GLOBE NEWSWIRE) -- Savi Financial Corporation, Inc. (“Savi Financial”) (OTC Pink: SVVB), the bank holding company for SaviBank, today announced that it has signed a definitive merger agreement whereby Lakewood, WA. based Harborstone Credit Union will acquire SaviBank in an all-cash transaction. The transaction is structured as a purchase agreement with Harborstone Credit Union purchasing substantially all assets and assuming substantially all liabilities of S

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2024 M&A Report

JD Supra: Mergers

While the 2022 M&A market was buoyed by deal carryover from 2021 and more conducive market conditions in the first half of the year, the 2023 M&A market felt the impact of the Federal Reserve’s most aggressive interest rate hikes in more than 25 years. In addition to rising interest rates, uncertainty regarding the trajectory of the economy, regulatory headwinds, and geopolitical tensions all weighed on the M&A market in 2023.

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General Electric is among the most overbought names on Wall Street. Here are the others

CNBC: Investing

Using the CNBC Pro Stock Screener tool, we screened for the most overbought and oversold names in the broad market based on their 14-day RSI.

Stock 84
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[Video] Hospital M&A Trends & Strategic Considerations for 2024

JD Supra: Mergers

In this episode of "Counsel That Cares," healthcare attorney Colin Luke examines transactions for hospitals and health systems, as well as what's driving that activity across the country with hospitals and health systems, partnering, acquisitions and sales. Mr. Luke is joined by Rex Burgdorfer, a partner at Juniper Advisory, which is an investment bank that partners with hospitals and health systems, to dive into today’s topic.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Vodafone-Three merger could mean higher prices, UK watchdog warns

The Guardian: Mergers & Acquisitions

CMA plans in-depth investigation into deal that would create UK’s largest mobile phone operator The planned merger between Vodafone and Three UK, which would create the UK’s largest mobile phone operator, has been referred to an in-depth investigation by the competition regulator. The Competition and Markets Authority (CMA) said it intended to refer the deal to a more detailed phase 2 investigation amid concerns that mobile customers could face higher prices and reduced quality.

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Introducing Cisco XDR Playbooks: Finding the balance in automating and guiding incident response

Cisco: M&A

Security Operations is the beating heart of any organization, a united team vigilantly standing guard against cyber threats.

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ThreeD Capital Inc. Announces Completion of Private Placement with Sariel Diagnostics Corp.

Global Newswire by Notified: M&A

TORONTO, March 22, 2024 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce that it has closed its previously announced private placement (the “Private Placement”) with Sariel Diagnostics Corp.

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AI Trends in Program Management

Cisco: M&A

Artificial intelligence (AI) is changing the world according to the popular press and the statements of tech CEOs in the last year.

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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

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Millennium taps UBS for new senior trader appointment

The TRADE

Millennium has appointed You Khai Tan as senior trader, based in Singapore, The TRADE can reveal. He joins Millennium from UBS, where he spent the last 13 years, based in Hong Kong and Singapore. Most recently, Tan held a global portfolio trading position, which included trading global equities with strategy implementation via algorithms, crossing networks and global portfolio trading desks.

Trading 67
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Man Group PLC : Form 8.3 - Mondi plc

Global Newswire by Notified: M&A

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the.

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Ex-Barclays MD joins HSBC as head of equities sales trading for Americas

The TRADE

HSBC has appointed Matthew Stanton as managing director, head of equities sales trading for Americas. Stanton joins HSBC from Primary Portal, where he served as a sales consultant. Prior to that, he spent just over seven years at Barclays, most recently serving as managing director, head of cash sales trading, Americas. Elsewhere in his tenure at Barclays, Stanton served as head of cash sales trading, EMEA, based in London.

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Form 8.3 - Mattioli Woods plc

Global Newswire by Notified: M&A

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Analysts stick with Apple despite Justice Department lawsuit, still see strong gains ahead

CNBC: Investing

Wall Street is standing by Apple in the wake of the Department of Justice's antitrust suit against the technology behemoth.

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M&A Due Diligence: Navigating the Path to a Successful Merger

Sun Acquisitions

Mergers and acquisitions (M&A) are pivotal in the corporate world, where businesses come together to create new opportunities and enhance their competitive edge. However, the road to a successful merger is often fraught with challenges and uncertainties. Due diligence is one of the critical steps in this journey. In this blog post, we will delve into the world of M&A due diligence , shedding light on the best practices for conducting a comprehensive evaluation of potential targets.

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Five U.S. Cases Targeting Big Tech

The New York Times: Mergers, Acquisitions and Dive

For years, Apple, Google, Meta and other tech giants operated unfettered. Now, regulators are taking steps to compel them to make major shifts to their products and businesses.