Tue.Dec 05, 2023

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DOJ Spotlights Voluntary Self Disclosure in M&A as it Adapts to New National Security Threats

JD Supra: Mergers

The past few months have seen numerous high-profile enforcement actions highlighting an increasing trend, what Deputy Attorney General Lisa Monaco called “the biggest shift in corporate criminal enforcement that I’ve seen during my time in government: the rapid expansion of national security-related corporate crime.” From the first-ever criminal resolution for sanctions violations from illicit sales and transport of Iranian oil by Suez Rajan Ltd. to guilty pleas and $4.3 billion in penalties by.

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Xi Jinping Is Asserting Tighter Control of Finance in China

The New York Times: Banking

The Communist Party’s main theoretical journal has laid out a new ideological framework for the financial system that emphasizes the primacy of China’s top leader and Marxist principles.

Finance 128
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New DOJ Policy for M&A Transactions Promotes Thorough Due Diligence and Voluntary Self-Disclosures

JD Supra: Mergers

The United States Department of Justice (“DOJ”) recently made clear that acquiring entities involved in mergers and acquisitions must conduct thorough due diligence of acquired companies and, if relevant, undergo a voluntary self-disclosure of pertinent findings to avoid successor criminal liability for misconduct under the law. During a speech given on October 4, 2023, Deputy Attorney General, Lisa O.

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Managing Conflicts: Lessons from Recent Litigation

Deal Lawyers

While every conflict is different, this Skadden alert discusses examples of what to do — and what not to do — when persons involved in a deal process have conflicts. The examples of behavior viewed favorably or unfavorably are based on four recent Delaware decisions involving deal processes challenged by stockholders due to conflicts.

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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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CMA to Implement ‘Best in Class’ Procedures to Enhance UK Merger Control Process

JD Supra: Mergers

The UK Competition and Markets Authority (CMA) recently published for consultation a series of proposals to improve its Phase II merger investigation process. This follows an earlier Call for Information in which the CMA sought feedback from interested parties from the business, legal, and economics fields.

Mergers 154

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Energy & Sustainability M&A Activity — December 2023

JD Supra: Mergers

October 5, 2023: Cemco, a company that manufactures vertical shaft impact crushers intended to cater to producers and green-friendly companies, was acquired by Superior Industries for an undisclosed amount. Cemco offers in-house manufacturing services using advanced techniques like Computer Numerical Control machining and robotic welding, as well as post-sale support, thereby used in aggregate processing, glass and ceramic tile recycling, mineral extraction, and clean energy applications.

M&A 142
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The curse of being added to the S&P 500 index is taking aim now at Uber

CNBC: Investing

Adding a company to the S&P 500 (or speculating it will be added) has the effect of at least temporarily overvaluing a company. Indexers are "buying high.

S&P 116
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Healthcare & Life Sciences Private Equity Deal Tracker: New State Acquires Agility Recovery Services

JD Supra: Mergers

New State Capital Partners has announced it has acquired Agility Recovery Services. Agility, based in Atlanta, is a provider of business continuity and disaster recovery services for healthcare organizations and customers in other sectors.

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The battle for better: Mobile apps in wealth management

Accenture Capital Markets

Our recently published Asia wealth management repor t focuses on two crucial areas for firms: relationship manager (RM) productivity, which my first blog examined; and the importance of mobile as a channel, which this blog covers. Let’s start with a sobering finding from our research: Just 47 percent of the more than 3,521 wealth management clients we surveyed for our report across ten markets in Asia are satisfied with their firm’s mobile offering.

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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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Social Media Management Market Size, Share & Growth Analysis, [2030] | CAGR of 21.1%

Global Newswire by Notified: M&A

According to Fortune Business Insights, the global social media management market size is projected to reach USD 76.03 billion in 2030, at a CAGR of 21.1% during the forecast period, 2023-2030 According to Fortune Business Insights, the global social media management market size is projected to reach USD 76.03 billion in 2030, at a CAGR of 21.

Media 105
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Coinbase comeback has further to go as retail investors are only starting to rediscover crypto, Needham says

CNBC: Investing

Coinbase shares have even further to climb despite already being up 13% since the start of December.

Retail 132
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Takeaways from Cisco at InsureTech Connect 2023

Cisco: M&A

InsureTech Connect (ITC) 2023, the premier conference for the insurance technology industry, brought together 9,000+ innovators, leaders, and solution providers to Las Vegas in early November to… Read more on Cisco Blogs

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Citi says buy this little-known biotech stock with nearly 60% upside

CNBC: Investing

The firm's new price target comes after some positive signals have de-risked the path toward full approval for Travere's Filspari drug.

Stock 108
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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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Moody’s cuts China credit outlook, citing lower growth, property risks

Global Banking & Finance

Moody’s cuts China credit outlook, citing lower growth, property risks (Reuters) – Ratings agency Moody’s cut its outlook on China’s government credit ratings to negative from stable on Tuesday, in the latest sign of mounting global concern over the impact of surging local government debt and a deepening property crisis on the world’s second-largest economy.

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This unusual company that cashes in on boardroom brawls is set for windfall from Disney-Peltz fight

CNBC: Investing

Broadridge Financial Solutions could generate as much as $50 million in event-driven revenue Peltz-Disney's proxy war, according to Evercore ISI.

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Explainer-What new OPEC+ oil output cuts are in place after Thursday deal

Global Banking & Finance

Explainer-What new OPEC+ oil output cuts are in place after Thursday deal By Alex Lawler LONDON (Reuters) -OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for the first quarter of 2024 led by Saudi Arabia rolling over its current voluntary cut.

IT 100
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Cisco CX Empowers Sustainability with Expanded Services

Cisco: M&A

In an era where businesses are embracing the vital role of sustainability, Cisco Customer Experience (CX) is here to support you on your sustainability journey.

Shares 98
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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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Analysis-Schnabel reconciles ECB with markets – until next fight

Global Banking & Finance

Analysis-Schnabel reconciles ECB with markets – until next fight By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s leading hawk Isabel Schnabel has reconciled her institution with investors who have long bet the ECB is finished raising interest rates, but a new tug of war, on the exact timing of the […]

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Inside the exit: Gryphon Investors’ Mark Fuller on fire and safety opportunities

PE Hub

Gryphon invested in Potter Global Technologies in 2017 before exiting to KKR in November. The post Inside the exit: Gryphon Investors’ Mark Fuller on fire and safety opportunities appeared first on PE Hub.

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COP28 focus on health draws $777 million to fight tropical disease

Global Banking & Finance

COP28 focus on health draws $777 million to fight tropical disease By Gloria Dickie, Elizabeth Piper and Alexander Cornwell DUBAI (Reuters) -The United Arab Emirates and several charities at the U.N. climate summit on Sunday offered $777 million in financing for eradicating neglected tropical diseases that are expected to worsen as temperatures climb.

Finance 96
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Eco Modular, a Leader in Sustainable Modular Building Manufacturing, to Go Public Through Merger with Zalatoris II Acquisition Corp.

Global Newswire by Notified: M&A

New York, New York, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Ascotway Ltd, operating as Eco Modular, a pioneer in Turnkey and Offsite Modular Manufacturing, and Zalatoris II Acquisition Corp. (NASDAQ: ZLS, ZLSWW, ZLSWU), a special purpose acquisition company focused on innovative technology firms, proudly announce the execution of a definitive business combination agreement (the "Transaction").

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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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Sterling close to 3-month high versus euro as markets bet on ECB rate cuts

Global Banking & Finance

Sterling close to 3-month high versus euro as markets bet on ECB rate cuts By Stefano Rebaudo (Reuters) – Sterling hovered around its highest levels in almost three months against the euro on Tuesday, as markets raised their bets on rate cuts by the European Central Bank, which widened their divergence with the Bank of […]

Bank 94
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Cisco Secure Access Extends SSE Innovation with Mobile Zero Trust and Flexible Resource Connectors

Cisco: M&A

Recently, when I speak with business and IT leaders around the globe, there is a common question that permeates the discussion.

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Dollar steady after key jobs data comes in below estimates

Global Banking & Finance

Dollar steady after key jobs data comes in below estimates By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) -The U.S. dollar stood near a one-week high against a basket of currencies on Tuesday, after fresh employment data showed that U.S. job openings dropped in October to the lowest level since early 2021.

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Cisco Extends SSE innovation with Mobile Zero Trust and Flexible Resource Connectors

Cisco: M&A

Recently, when I speak with business and IT leaders around the globe, there is a common question that permeates the discussion.

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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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Swathes of Siberia freeze in temperatures below -58 Celsius

Global Banking & Finance

Swathes of Siberia freeze in temperatures below -58 Celsius YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia falling to minus 58 degrees Celsius (minus 72 degrees Fahrenheit).

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Tygon Peak backs two Texas primary care businesses DIM and IMAP

PE Hub

Tygon Peak led the investment in partnership with Greyrock Capital Group and management. The post Tygon Peak backs two Texas primary care businesses DIM and IMAP appeared first on PE Hub.

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Euro zone yields fall, stock rally takes a breather

Global Banking & Finance

Euro zone yields fall, stock rally takes a breather By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -Germany’s 10-year government bond yield dropped to its lowest in six months on Tuesday and world shares paused around four-month highs as traders upped bets on European Central Bank rate cuts early in 2024 and grappled with the […]

Stock 94