Mon.Jun 30, 2025

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Earnout structures: Bridging valuation gaps in M&A – beware the tax complexity

JD Supra: Mergers

With an observable increase in the use of earnout and contingent consideration structures in M&A, it is timely to consider the related tax complexity. In brief Our recent Private M&A Report highlights a rise in the use of earnout and contingent consideration structures in private M&A transactions as parties seek to bridge valuation gaps.

M&A 161
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Eric Crouse Joins FOCUS Investment Banking as Managing Director in the Business Services and Technology Services Groups

Focus Investment Banking

Eric Crouse Joins FOCUS Investment Banking as Managing Director in the Business Services and Technology Services Groups Washington, DC, (June 30, 2025) – FOCUS Investment Banking (“FOCUS”), a premier middle market investment bank, is pleased to announce the appointment of Eric Crouse as Managing Director. Based in Wilmington, NC, Crouse will report directly to the firm’s Business Services and Technology Services leadership teams.

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“AI Fatigue” and the Forgotten Fundamentals of M&A

Beyond M&A

I recently had lunch today with a prominent M&A figure from New York. We work in the same field and have the same opinion: M&A is about relationships. Long-term relationships matter. These projects are complex, expensive, and often go sideways in ways no spreadsheet can forecast. The human sensitivity required to manage that — to build trust when things derail or fall off a cliff entirely — is immense.

M&A 130
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Equiteq Builds On Market Momentum With Strategic Hire Of Key Leaders

Equiteq

Equiteq, a global investment bank specializing in the technology services and consulting sector, announced today the hiring of six senior industry bankers. This strategic move illustrates Equiteq's commitment to growing the premier brand in technology services M&A by adding top-tier talent who align seamlessly with the company's culture.

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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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EIB Global Impact Report 2024/2025

European Investment Bank

Discover how the EIB is shaping a more resilient, sustainable, and inclusive world though its support to countries outside the European Union. The EIB Group Global Impact Report 2024/2025 offers a compelling look into Europe’s pivotal role as an anchor of stability and innovation, spotlighting the EIB’s strategic investments in climate action, digital connectivity, gender equality, and the reconstruction of Ukraine.

Finance 52
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DOJ Declination of Private Equity Firm Underscores Need for Robust M&A Due Diligence

JD Supra: Mergers

On June 16, 2025, the U.S. Department of Justice (“DOJ”), including its National Security Division (“NSD”) and the U.S. Attorney’s Office for the Southern District of Texas, announced that they would not prosecute White Deer Management LLC (“White Deer”), a Texas‑based private equity firm, in connection with sanctions and export control violations committed by Unicat Catalyst Technologies LLC (“Unicat”), a portfolio company it had acquired in 2020.

More Trending

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How to play the outperforming financials sector as the second half of 2025 kicks off

CNBC: Investing

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S&P 80
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President Trump signs law rescinding OCC rule on bank mergers

JD Supra: Mergers

On June 20, President Trump signed into law S.J. Res. 13, which of the final rule submitted by the OCC titled “Business Combinations Under the Bank Merger Act.” As previously covered by InfoBytes, the OCC approved a final rule amending its procedures for reviewing applications under the Bank Merger Act, aiming to provide clearer guidelines for institutions regarding the OCC’s review process for bank mergers and ensure institutions remain relevant in the current financial landscape.

Mergers 149
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Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum

CNBC: Investing

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Stock 144
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Takeovers Panel drops a suite of new considerations for voting intention statements

JD Supra: Mergers

In the recent decision in Re Dropsuite Limited [2025] ATP 10, the Takeovers Panel concluded that a voting intention statement given by a substantial shareholder in the usual form was ‘ambiguous’ as to whether that shareholder had implied that it would not dispose of any of its target shares before the scheme meeting. The Panel indicated that such ambiguity may have been clarified if the voting intention statement was clearer about the possibility that the substantial holder’s voting power might.

Shares 161
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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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Nomura AM senior trader departs

The TRADE

Mark Molloy has confirmed his departure from Nomura Asset Management, where he most recently served as senior trader. He had been with the firm for seven and a half years, having joined as head of corporate actions in 2018. Writing in a social media announcement, Molloy said: “so many great memories with great people but I have to say a massive thank you to Mai Tanaka, Damian Cronin and the NAMUK trading team for taking a chance on me back in 2020.

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ASIC public and private markets update

JD Supra: Mergers

Following the substantial feedback provided in response to ASIC’s discussion paper, ‘Australia’s evolving capital markets: A discussion paper on the dynamics between public and private markets’ (Discussion Paper) on 10 June 2025, ASIC announced its first improvement to the IPO process and held a symposium at which two panels, comprising of ASIC officers and industry participants, discussed the themes from the ASIC Discussion Paper submissions.

IPO 167
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Liquidnet bolsters US equities business with Instinet hires

The TRADE

Liquidnet has made three key hires from Instinet to its equities franchise in the Americas, in a bid to grow its offering in the region. The appointments bring extensive experience across agency, platform innovation and institutional sales, and are set to expand regional capabilities, as well diversifying execution channels and strengthening client engagement.

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New merger control regime - What you need to know for dealmaking

JD Supra: Mergers

The Government has made the notification rules which determine the circumstances in which 2026 transactions will need to be notified to the Australian Competition and Consumer Commission (ACCC) under the new Part IVA of the Competition & Consumer Act 2010 (Cth) (CCA). The rules also detail the lodgement fees payable for notification, including significant fees based on deal value for “phase 2” transactions.

Mergers 161
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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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Kepler Unigestion asset management company goes live

The TRADE

Kepler Cheuvreux and Unigestion have launched joint public equities asset management company, Kepler Unigestion, following the close of transaction and regulatory approvals. Specifically, the partnership is set to focus on quantitative strategies for listed equities. Through the formation of the new entity, Unigestion’s equities team has joined Kepler Cheuvreux, creating a partnership now comprising a team of 20 professionals and managing more than €3 billion in assets.

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Analyst Dan Ives says it will be the summer of $4 trillion market caps for surging tech giants

CNBC: Investing

Nvidia and Microsoft are "the poster childs for the AI Revolution," Ives said.

IT 139
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BBVA rates and FX trader joins HSBC

The TRADE

Sonu Kapoor has joined HSBC as an emerging markets (EM) trader. New York-based Kapoor brings experience working in emerging markets FX and rates trading to her new position. She joins after serving at BBVA for more than three years, where she had most recently been working as a rates and FX trader from February 2024 to June 2025. Read more – HSBC becomes thirteenth global clearing firm to invest in FIA Tech She has also worked as an FX trader with the firm, and during her time t

Trading 52
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Trump Steps Up Pressure Campaign on Powell With Handwritten Note

The New York Times: Banking

President Trump has repeatedly attacked Jerome H. Powell, chair of the Federal Reserve, for resisting his demands for lower interest rates.

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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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AbbVie Catches a Break in Termination Fee Tax Court Case

JD Supra: Mergers

On June 17, the U.S. Tax Court ruled that AbbVie, Inc. could deduct the fee it paid to terminate its 2014 combination agreement with Shire plc. This decision represents a significant win for AbbVie, and it represents a potential milestone in the longstanding puzzle of how to treat M&A break fees.

M&A 161
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Goldman upgrades drone play as Ukraine war shows future of defense

CNBC: Investing

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Media 111
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Blue Ocean leverages Eventus’ Validus platform for trade surveillance

The TRADE

Blue Ocean Technologies has chosen Eventus’ Validus platform as its trade surveillance solution for Blue Ocean ATS. The move is expected to enhance reporting across operations and enable longer-term data-driven decision making, to support Blue Ocean ATS’ subscribers and help them to manage risk. “As the first after-hours trading platform to round out the 24-hour equities market, our mission is to continue providing subscribers an efficient marketplace to help them manage risk,” said Chris

Trading 52
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DOJ Uses Successor Liability as a Civil Cybersecurity Enforcement Tool: Comprehensive Diligence Now May Save Millions Later

JD Supra: Mergers

The United States Department of Justice (DOJ) recently settled a qui tam suit with a defense contractor and its successor company for $8.4 million, resolving allegations that the contractor and successor company violated the False Claims Act (FCA) by failing to implement cybersecurity requirements consistent with National Institute of Standards and Technology (NIST) Special Publication (SP) 800-171.

IT 187
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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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Using options to trade this beaten-down beer giant that Warren Buffett holds

CNBC: Investing

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Trading 67
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A Growing State of Oversight: How States are Continuing to Reshape (and restrict) Healthcare Transactions and Private Equity Investment in Healthcare in 2025

JD Supra: Mergers

State governments are increasingly introducing new laws regulating healthcare transactions in an effort to thwart the level of influence that private equity firms and other corporate investors have on healthcare providers. To date, at least 15 states have enacted some form of healthcare transaction review law; several of these states have also enacted or proposed legislation in 2025 to expand the reach of the state’s existing transaction review laws.

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These Nasdaq stocks have led the bounce since 'liberation day' back to all-time highs

CNBC: Investing

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Stock 76
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State by State, Pre-Merger Notifications Expand

JD Supra: Mergers

In the wake of the recent major revisions to the federal merger review form, states are also getting into the act, creating broad new transaction notification requirements. Such notification requirements are not completely new, as 15 states have had merger notification laws for healthcare transactions for many years. Going forward, however, several states are expanding their notification requirements beyond the healthcare arena to apply to any transaction that is reportable under the federal.

Mergers 167
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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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Tuesday’s big stock stories: What’s likely to move the market in the next trading session

CNBC: Investing

The S&P 500 posted a fresh record close on Monday, wrapping up a stunning second-quarter rebound. Here's what's on CNBC's radar going into Tuesday.

S&P 66
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Why You Need a Corporate Attorney on Your Business Team

JD Supra: Mergers

Success is often a matter of preparation and strategy. Just as entrepreneurs strive to innovate and capture market share, defending your business from potential legal pitfalls is equally crucial. Here’s where the corporate law attorney comes into play. This is your key ally when understanding the nuances of regulations and compliance issues that can threaten your business.

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BlackRock's Rick Rieder says there is a 'generational opportunity' for income right now

CNBC: Investing

Here's what Rick Rieder and BlackRock are expecting for the second half of 2025.

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Lessons Learned from the Unicat Settlement (Part III of III)

JD Supra: Mergers

The Unicat settlement provides some important insights into the Trump Administration’s direction on trade enforcement. It underscores the importance of voluntary disclosure, cooperation and remediation, the tri-part foundation of seeking a favorable enforcement resolution.

Trading 155
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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?