Tue.Aug 08, 2023

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How to Preserve Value in Small Acquisitions: Part I

Midaxo

Last month, Galina Wolinetz, MD Integrations & Separations at Virtas Partners shared her insights on the acquisition and integration of smaller companies into larger ones using examples from her personal experience. During the live Q&A — Preserving the Spark: Realizing Value When Acquiring Smaller Companies — Galina covered a broad range of considerations, challenges and watchouts that are unique to acquiring small, founder-led companies.

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What Is A Tax Inversion & Can It Save Your Company Money?

JD Supra: Mergers

Apple, Inc. made headlines this year when it managed to avoid over $70 million in taxes that the U.S. said the company owed to the federal government. Estimates vary as to the amount of money Apple keeps offshore, but the numbers are consistently in the billions of dollars range. In fact, forty and fifty billion dollars are numbers seen in some recent news stories on international tax.

IT 130
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12 Concepts We Can Learn About Pulling Cash From Real Estate Assets From How2Exit's Interview W/ Chelsea Mandel

How2Exit

b' 12 Concepts We Can Learn About Pulling Cash From Real Estate Assets From How2Exit's Interview W/ Chelsea Mandel - Watch Here rn rn Here is what my team and I learned from this interview: (These are notes from team members, writers, sometimes AI, and even listeners who submitted what I learned loosely edited and shared here) - If it seems a bit unrefined, you're reading our notes, so.

Sale 130
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4th Circuit Case Alleging Misled Shareholders Offers Legal Boost for Merger-Interested Corporations

JD Supra: Mergers

The 4th U.S. Circuit Court of Appeals on June 1, 2023, issued a strong defense opinion in Karp v. First Connecticut Bancorp, a case involving allegations under Section 14(a) of the Exchange Act that defendant First Connecticut Bancorp and its directors misled shareholders before the bank’s stock-for-stock merger with People’s United Financial.

Mergers 130
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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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Del. Chancery Addresses Expectation Damages Calculation

Deal Lawyers

Damage awards for breaches of a merger agreement are usually intended to give the buyer the benefit of its bargain, but Vice Chancellor Will’s recent opinion in NetApp v. Cinelli, (Del. Ch.; 7/23), provides a reminder that determining the appropriate measure of a buyer’s expectation damages can be a complicated process.

Mergers 100
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Use of EBITDA in Earnouts Increased 22% in Two Years

JD Supra: Mergers

From 2020 to 2022, EBITDA became almost as prevalent as revenue metrics for determining earnout payments, according to analysis of the Goodwin Private Equity Deals Database. In 2022, EBITDA was used in 40% of earnouts, up 22% from 2020.

More Trending

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8 Key Takeaways From the CFIUS 2022 Annual Report

JD Supra: Mergers

The Report shows that CFIUS reviewed a record number of filings in 2022 and also required more mitigation as a condition of clearance. On July 31, 2023, the Committee on Foreign Investment in the United States (CFIUS) published the public version of its Annual Report to Congress for Calendar Year 2022 (the Report), which highlights key indicators of the CFIUS process and statistics on transactions filed in calendar year 2022.

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Working hard and playing hard

Cisco: M&A

Let’s be honest, the last few years have been rough on all of us. Shifting our daily routines to match today’s hybrid-work environment has been quite a challenge.

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California Publishes Proposed Regulations for the Pre-Closing Review of Health Care Transactions: What You Need To Know Before January 1, 2024

JD Supra: Mergers

January 1, 2024 is rapidly approaching, which is when California’s new Office of Health Care Affordability (OHCA) is set to begin advance regulatory review of certain health care mergers, acquisitions, affiliations, and other arrangements that result in material changes of assets, control, or governance.

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Germany’s Delivery Hero hikes 2023 revenue guidance

Global Banking & Finance

Germany’s Delivery Hero hikes 2023 revenue guidance (Reuters) -German online takeaway food company Delivery Hero on Wednesday raised its full-year revenue outlook, after it swung to a profit in the first half of the year on accelerating growth.

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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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Private Equity in Healthcare – An Updated Review of Selected Niche Investment Areas

JD Supra: Mergers

Since mid-2022, the macro acquisition environment has faced the challenges of inflation and increasing interest rates, among a variety of other headwinds. Global deal flow is down from its 2021 peak. Yet, as this white paper will explain at a granular level, private equity investment in healthcare companies remains a viable and, in some cases, thriving asset class in relation to other target industries.

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Morgan Stanley sees 20% upside in this little-known education stock with exposure to Latin America

CNBC: Investing

The Wall Street bank upgraded the company, which has universities in Mexico and Peru, to overweight from equal weight.

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Italy shocks banks with 40% windfall tax for 2023

Global Banking & Finance

Italy shocks banks with 40% windfall tax for 2023 By Angelo Amante, Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy has approved a one-off 40% tax on profits banks reap from higher interest rates after reprimanding lenders for failing to reward deposits, in a surprise move that sent banking shares plunging across Europe.

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High interest rates make these guaranteed-income products attractive. Here's what to know about fixed annuities

CNBC: Investing

Sales of fixed-rate deferred annuities totaled $73.2 billion the first six months of 2023, a 64% increase from the previous six-month period.

Sale 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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No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

Global Banking & Finance

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists By David Stanway SINGAPORE (Reuters) – Sea ice in the Antarctic region has fallen to a record low this year as a result of rising global temperatures and there is no quick fix to reverse the damage done, scientists said on […]

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Here’s the trade on Rivian ahead of earnings, according to top analysts

CNBC: Investing

Here's what analysts are saying ahead of electric vehicle maker Rivian's quarterly results due Tuesday after the bell.

Trading 98
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Empowering Partner Success: Minimize deployment risk and accelerate your customers’ time to value

Cisco: M&A

Identifying the Need In today’s rapidly evolving digital landscape, Channel Partners face many challenges.

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New data shows Tesla could have a China problem, Bank of America says

CNBC: Investing

The firm reiterated its neutral rating on shares, saying the sales drop may continue until a new lower-priced model is introduced in 2025 or 2026.

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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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Americas FSI Digital Commentary: Ways to Ensure Communication Compliance and Mitigate Risk Right Now

Cisco: M&A

Compliance risk mitigation is arguably the most important strategic priority for banks, insurers, and wealth management institutions.

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These stocks had the biggest earnings surprises because of A.I.

CNBC: Investing

RBC Capital Markets is praising some companies that experienced the biggest profit surprises due to AI in the second-quarter earnings season.

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AI Collaboration Is Anything but Artificial

Cisco: M&A

Let’s continue the journey I started in my first blog about Cisco, AI and automation. In it, I focused on our zero-touch RMA notification tool.

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A good dividend stock is getting harder to find these days. Here are five.

CNBC: Investing

Here are some stocks that have a long-term track record of growing their dividends that Wall Street analysts love.

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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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Greek EU-harmonised inflation rises to 3.5% y/y in July

Global Banking & Finance

Greek EU-harmonised inflation rises to 3.5% y/y in July (Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonised inflation is an index of components that is used across the EU to measure inflation in a consistent way.

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Home improvement retailers downgraded by research firm Telsey, citing end of post-Covid boom

CNBC: Investing

The firm downgraded both shares to market perform from outperform, citing a weakening housing market.

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US dollar gains broadly as risk sentiment turns sour after poor Chinese data

Global Banking & Finance

US dollar gains broadly as risk sentiment turns sour after poor Chinese data By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) – The U.S.

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BMO names this software stock as a top pick, citing A.I. tailwinds

CNBC: Investing

Analyst Keith Bachman named Adobe to his top picks list, citing potential upsides from generative AI and a reasonable valuation.

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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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Bosch, Infineon, NXP, TSMC to establish JV for German wafer fab

Global Banking & Finance

Bosch, Infineon, NXP, TSMC to establish JV for German wafer fab BERLIN (Reuters) – German technology group Robert Bosch said on Tuesday that it will establish a joint venture with TSMC, Infineon and NXP with the aim of building a wafer fab in Dresden, Germany, by the second half of next year.

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Morgan Stanley sees Eli Lilly shares rallying on data showing heart benefit of Novo's obesity drug

CNBC: Investing

Danish drugmaker Novo Nordisk's promising data on its obesity drug Wegovy should spill over to also benefit Eli Lilly, a Wall Street bank says.

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Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps

The New York Times: Banking

The penalties add to nearly $2 billion in record-keeping fines last year for the improper policing of employee communications on private messaging services.

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Goldman says this little-known biotech stock could more than double

CNBC: Investing

The firm initiated a buy rating on shares, citing its promising fatty acid synthase (FASN) inhibitor technology.

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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?