Fri.Jun 16, 2023

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Considerations for M&A Transactions Involving Fintech Companies

JD Supra: Mergers

M&A transactions involving financial services providers—including tech-based providers or “fintechs”—raise a host of unique questions based on the types of services they provide, which are often highly regulated and may involve fiduciary or similar obligations. Parties to fintech M&A transactions should therefore carefully consider issues related to their regulatory status in structuring and executing those transactions.

M&A 145
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Is your business ready for the new family-friendly employment laws?

Global Banking & Finance

Is your business ready for the new family-friendly employment laws? By Adrian Lewis, Director of Activ People HR, a specialist in absence management Three new ground-breaking laws are set to transform employee benefits and protection.

Business 105
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The Other Green Scene: Sublines for Evergreen Funds June 16, 2023 - It’s Not Easy Being (Ever)Green

JD Supra: Mergers

Is evergreen the new black? It may be. Each day new limited partnership agreements come across our desks, sent to us by our bank clients who ask us to read and analyze these documents alongside them to determine the most critical question in fund finance: is it bankable? While the majority of the fund structures hitting our desks in our subscription finance practice are traditional closed-ended private equity fund structures, we are seeing many more funds with open-ended features.

Funds 137
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A Survey of Bylaw Amendments for UPC

Deal Lawyers

For companies that elected to put off considering UPC bylaw amendments and officer exculpation proposals until after this proxy season, White & Case recently released the results of a survey of developments in both these areas through June 1st.

S&P 100
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15 Modern Use Cases for Enterprise Business Intelligence

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?

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Part II: The Intersection of Emerging Trends in M&A/ Private Equity and Reps & Warranty Insurance: The Road Remains Bumpy For Dealmakers

JD Supra: Mergers

Hosts Lynda Bennett and Eric Jesse build on their recent discussion with Lowenstein M&A Chair and Transactions & Advisory Group co-Chair Marita Makinen about the current state of play in the M&A and private equity space. The co-hosts consider emerging RWI trends and lessons learned from the fast paced deal flow activity of the past several years and the RWI claims that followed.

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The reshoring boom is stoking demand for robotics. Here are the stocks poised to benefit

CNBC: Investing

Companies have turned to automation and robotics amid a surge in reshoring. Analysts have named these stocks as beneficiaries in the trend.

Stock 98

More Trending

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These two cruise stocks and this chipmaker led the market higher this week

CNBC: Investing

CNBC Pro screened for the best performers in the S&P 500 this week.

S&P 98
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Illumina-ting AG Arguments in Support of Biotech Merger

JD Supra: Mergers

A group of 12 Republican AGs filed an amicus brief asking the U.S. Court of Appeals for the Fifth Circuit to allow a merger to proceed between DNA sequencing company Illumina, Inc. and multi-cancer early detection test maker GRAIL, Inc.

Mergers 130
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Morgan Stanley says Nvidia is the top pick for artificial intelligence over AMD

CNBC: Investing

Analyst Joseph Moore said Nvidia has more immediate upside than other AI stock plays.

Stock 98
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Michael Jordan to Sell Majority Stake in Charlotte Hornets

The New York Times: Mergers, Acquisitions and Dive

Jordan, the former star of the Chicago Bulls, purchased the team in 2010.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

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.

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A Commitment to Sustainability: Cisco and Logicalis Leading the Charge Together

Cisco: M&A

Cisco and Logicalis have partnered for over two decades, consistently delivering value to our mutual customers through a focus on innovation and service, combining Cisco world-class hardware and… Read more on Cisco Blogs

98
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Brooklyn’s Ample Hills Creamery Aims to Rise Again

The New York Times: Mergers, Acquisitions and Dive

The Brooklyn-based ice cream chain boomed with the help of Oprah and Disney, then went bust. But the couple behind it are opening new shops and thinking small.

IT 98
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Farmers in Rajasthan to get housing loans under cooperative scheme

Business Standard - FInance

The loan will be for the long term, that is, up to 15 years

98
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Bank of America downgrades SoFi Technologies, says its recent rally has run its course

CNBC: Investing

Investors expect the expiration of the student loan payment moratorium will be a positive for the firm.

IT 98
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Enhance Customer Value: Unleash Your Data’s Potential

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.

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Delayed monsoon can impact inflation, expect CPI at 5.2%: Deutsche Bank

Business Standard - FInance

A German brokerage on Friday warned that with the delayed monsoon, there is no scope for complacency on inflation even though official data for May has shown a cool-off. Deutsche Bank said it expects the average Consumer Price Inflation (CPI) for FY24 to come to 5.2 per cent against the 5.1 per cent estimate of the Reserve Bank of India and the consensus 5 per cent for analysts. ".with monsoon rains currently being 53 per cent below normal and given the history of food prices tending to shoot up

Banking 98
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Forever Free: Reflections on the significance of Juneteenth and the power of proclamation

Cisco: M&A

As we reflect on the significance of the Juneteenth holiday in the United States, I am reminded of the time that I was honored to hold one of the last few remaining copies of the Emancipation… Read more on Cisco Blogs

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Equitas SFB gets RBI approval to re-appoint Vasudevan as MD, CEO

Business Standard - FInance

Reappointment effective from July 23, 2023, lender told BSE

98
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Nvidia gets price target hike amid 10% weekly gain. Here's what the pros are saying

CNBC: Investing

Pros on CNBC discussed Nvidia after the stock received a price target hike. Shares added 10% this week.

Stock 98
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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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RBI imposes Rs 20 lakh fine on Manappuram Finance NBFC norms violation

Business Standard - FInance

The Reserve Bank has imposed a penalty of Rs 20 lakh on Manappuram Finance for non-compliance with certain provisions of the NBFC norms. This penalty on the Thrissur-based gold loan company, which by AUM is the second largest such pure-play lender, is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers, the central bank said on Friday.

Finance 98
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Here are Friday's biggest analyst calls: SoFi Technologies, AutoZone, Nvidia, Meta & more

CNBC: Investing

Here are Friday's biggest calls on Wall Street.

98
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Irdai fine-tuning Bima Sugam, likely to miss its August launch date

Business Standard - FInance

The launch of the much-touted affordable insurance product Bima Sugam is likely to be delayed beyond August timeline as regulator Irdai is working on fine-tuning the product, which will help deepen insurance penetration and simplify the claim procedures. Bima Sugam once launched will serve as an online insurance marketplace, similar to an e-commerce platform, where insurers have the opportunity to offer and sell their products, while consumers can buy or renew their policies, raise claims, and r

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An ETF focused on the 'moats' strategy of Warren Buffett is beating the market once again

CNBC: Investing

The VanEck Morningstar Wide Moat ETF (MOAT) has a total return of more than 23% year to date.

97
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Deliver Mission Critical Insights in Real Time with Data & Analytics

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.

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Adani Total Gas, Zomato, Nykaa and more: Top large caps MFs bought in May

Business Standard - FInance

Life Insurance Corporation of India (LIC), Kotak Mahindra Bank, Indian Oil Corporation, Hero MotoCorp, Hindustan Aeronautics were the most sold

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PGA Tour and LIV Golf Seek to Drop Litigation Against Each Other

The New York Times: Mergers, Acquisitions and Dive

Although the tour’s deal with the Saudi wealth fund has not closed, the request to a federal judge was a milestone in golf’s surprise détente.

Funds 86
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IndusInd Bank, Wise to offer low-cost and online inward remittance services

Business Standard - FInance

Shares of IndusInd Bank, on Friday, rose over 1 per cent at Rs 1,314.

Banking 97
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Overdraft Fees Are Dwindling, Study Finds

The New York Times: Banking

But the share of people paying the fees remains unchanged, and they’re often among the most financial vulnerable.

Shares 84
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Using Data & Analytics for Improving Healthcare Innovation and Outcomes

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.

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Pvt banks' slippages from Covid recast nearly double than that of PSBs

Business Standard - FInance

Private sector banks' slippages and write-offs from loans restructured after the COVID-19 pandemic are nearly double than that of their state-owned peers, a report said on Friday. Private sector banks have seen slippages and loan write-offs at 44 per cent, as against 23 per cent in case of public sector banks, the report by India Ratings and Research (Ind-Ra) said, calling the trend surprising.

Banking 96
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VSS taps growing cosmetic surgery demand with Olympus Cosmetic Group investment

PE Hub

The deal also leverages rising demand for Botox, fillers and injectables. The post VSS taps growing cosmetic surgery demand with Olympus Cosmetic Group investment appeared first on PE Hub.

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Crispin Odey and His Hedge Fund Rocked by Sexual Assault Allegations

The New York Times: Banking

After accusations were published in Britain, Crispin Odey was severed from his own investment firm, which is now dissolving itself.

Funds 81
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ArcLight ups stake in Natural Gas Pipeline Company of America

PE Hub

The seller is Brookfield Infrastructure Partners, an affiliate of Brookfield Asset Management. The post ArcLight ups stake in Natural Gas Pipeline Company of America appeared first on PE Hub.

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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?