Fri.Dec 22, 2023

article thumbnail

Two of Africa’s largest B2B e-commerce platforms MaxAB and Wasoko in merger talks

TechCrunch: M&A

Egyptian B2B e-commerce startup MaxAB and Wasoko, a Kenya-based e-commerce player with operations in Tanzania, Rwanda, Uganda and Zambia, are in talks to merge operations, TechCrunch has exclusively learned from multiple sources. They say talks are still ongoing and the agreement hasn’t been finalized yet. The merger talks come as B2B e-commerce companies in Africa […] © 2023 TechCrunch.

Mergers 294
article thumbnail

Public Company Watch: December 2023

JD Supra: Mergers

In the December Public Company Watch, we cover key issues impacting public companies, including a preview of the SEC’s latest regulatory agenda, an update regarding the Fifth Circuit vacating the SEC’s share repurchase rules, recent shareholder activism litigation, the FTC’s and DOJ’s final merger guidelines and California’s new anti-greenwashing disclosure requirements.

Mergers 193
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating Small-Medium Business M&A with Eric Pacifici: Tips and Common Deal Killers

How2Exit

b' E171: Navigating Small-Medium Business M&A with Eric Pacifici: Tips and Common Deal Killers - Watch Here rn rn Sponsor: rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US. Their team is experienced in M&A, and they hire the best talent available. Reconciled sets the standard for consistency and quality that you can count on. rn Visit [link] rn _ rn About The Guest(s): Eric Pacifici is a foundi

M&A 130
article thumbnail

Newly Finalized FTC/DOJ Merger Guidelines Are Likely to Increase Antitrust Scrutiny of M&A Deals - Health Care and Private Equity Transactions May See Significant Impact

JD Supra: Mergers

Earlier this week, the Department of Justice (“DOJ”) and Federal Trade Commission (“FTC”) released the long-awaited 2023 Merger Guidelines. The final guidelines are the result of nearly two years of behind-the-scenes drafting, numerous public listening sessions and workshops, and the receipt of some 35,000 public comments.

article thumbnail

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?

article thumbnail

Hochul Plans to Veto Ban on Noncompete Agreements in New York

The New York Times: Banking

The governor wanted to allow employers to use the agreements with high-paid workers, but was unable to work out a compromise with state lawmakers.

More Trending

article thumbnail

Cathie Wood's highest conviction stock picks for 2024 include one with ‘life-changing innovation’

CNBC: Investing

The innovation investor said her biotech darling CRISPR Therapeutics in the multiomics space has the potential to be her top performer next year.

Investors 113
article thumbnail

Back to the Future: 2023 Merger Guidelines Reach into History to Support Enlarged Antitrust Enforcement Agenda

JD Supra: Mergers

On December 18, 2023, the Federal Trade Commission (“FTC”) and Department of Justice (“DOJ”) jointly released their long-anticipated final 2023 Merger Guidelines after a notice and public comment period, during which they received more than 30,000 comments. The 2023 Merger Guidelines largely adopt the significant changes that the draft 2023 guidelines proposed over the 2010 Horizontal Merger Guidelines, but with a few material differences.

Mergers 170
article thumbnail

UBS likes these chip stocks the best in 2024, including an under-the-radar AI play

CNBC: Investing

UBS says there's still more gains to come in the new year for the semiconductor industry, which has already undergone a massive rally in 2023.

Stock 110
article thumbnail

DOJ and FTC Release Final 2023 Merger Guidelines Formalizing Aggressive Merger Enforcement Playbook

JD Supra: Mergers

On December 18, 2023, the Federal Trade Commission (FTC) and Antitrust Division of the Department of Justice (DOJ) released the final 2023 Merger Guidelines (the Guidelines). While the final version of the Guidelines reflects some notable changes made in response to public comments on the draft version released in July 2023, the main takeaways remain the same.

Mergers 165
article thumbnail

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.

article thumbnail

UBS chart analysts say short Nvidia in 2024, see 20% to 30% correction in stock

CNBC: Investing

This year's blowout rally in shares of Nvidia looks poised for a pullback in 2024, according to a group of chart analysts at UBS.

Stock 107
article thumbnail

FTC and DOJ Publish Final Revised Merger Guidelines, Driving Increased Uncertainty for M&A Activity

JD Supra: Mergers

On December 18, 2023, the Federal Trade Commission (FTC) and Department of Justice Antitrust Division (DOJ) (together, the “agencies”) jointly released their final revised 2023 Merger Guidelines, reflecting modest adjustments from the proposed guidelines the agencies published for public comment this past summer.

Mergers 165
article thumbnail

Dollar finds feet as US inflation test looms

Global Banking & Finance

Dollar finds feet as US inflation test looms By Rae Wee SINGAPORE (Reuters) -The dollar stabilised above a more than four-month low on Friday, with a key U.S. inflation gauge due later in the day that could offer clarity on how much room the Federal Reserve has to cut interest rates next year.

Trading 95
article thumbnail

FTC and DOJ Jointly Publish Revised Merger Guidelines

JD Supra: Mergers

On Dec. 18, the Federal Trade Commission (FTC) and Department of Justice (DOJ) jointly issued new merger guidelines (Guidelines), finalizing draft guidelines published in July and replacing the 2010 Horizontal Merger Guidelines. The new Guidelines identify the procedures and enforcement practices the antitrust agencies will most often use to investigate mergers and other transactions, particularly those that are subject to premerger filings under the Hart-Scott-Rodino Act.

Mergers 165
article thumbnail

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.

article thumbnail

Consumer stocks are ‘on a tear.’ Here are analysts’ top picks in the space for 2024

CNBC: Investing

These are analysts' favorite stock picks for 2024 as the sector benefits from easing interest rates and inflation.

Stock 110
article thumbnail

New US Merger Guidelines Signal Continued Aggressive Merger Enforcement at DOJ, FTC

JD Supra: Mergers

The US Department of Justice (DOJ) and Federal Trade Commission (FTC) released new Merger Guidelines on December 18, 2023—dramatically expanding the number and type of transactions that the agencies will consider presumptively unlawful.

Mergers 165
article thumbnail

Cybertruck designer says Tesla stainless steel pickup is no experiment

Global Banking & Finance

Cybertruck designer says Tesla stainless steel pickup is no experiment By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost the Tesla brand, the electric vehicle maker’s chief designer said on Thursday, adding that the pickup was no experiment.

IT 94
article thumbnail

CBCA Corporations to Begin Submitting Transparency Registers to the Government: Public Access to Follow

JD Supra: Mergers

Canada’s federal beneficial ownership transparency requirements are changing again. Beginning January 22, 2024, federal corporations will be required to provide certain information from their registers of individuals with significant control (“ISC Registers”) to the federal government, which will then enter that information into what is to become a publicly accessible database.

article thumbnail

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.

article thumbnail

UK recession might be under way after economy shrinks in Q3

Global Banking & Finance

UK recession might be under way after economy shrinks in Q3 By William Schomberg and Sarah Young LONDON (Reuters) -Britain’s economy might be in a recession, according to data that showed it shrank between July and September, shortly after finance minister Jeremy Hunt took the rare step of suggesting the Bank of England might cut […]

Finance 94
article thumbnail

DOJ and FTC Issue New Merger Guidelines

JD Supra: Mergers

On Dec. 18, 2023, the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) issued new Merger Guidelines that explain how both agencies will analyze whether potential transactions may violate the antitrust laws. The Merger Guidelines provide important insight into the types of transactions the agencies likely will investigate and may challenge and so are relevant to potentially merging parties, the business community and the public at large.

Mergers 165
article thumbnail

Italy business and consumer morale pick up in December

Global Banking & Finance

Italy business and consumer morale pick up in December ROME, Dec 22 (Reuters) – Morale amongst Italian businesses and consumers increased in December, data showed on Friday, offering hope of an pick-up in economic activity for the euro zone’s third largest economy at the start of next year.

article thumbnail

Regulation Update on the Infrastructure Public-Private Partnership (PPP)

JD Supra: Mergers

The Government issued an updated PPP rule in September 2023 pursuant to the Minister of National Development Planning/Head of the National Development Planning Agency Number 7 of 2023 on the Procedure for the Implementation of Public-Private Partnership Scheme in the Provision of Infrastructure ("Regulation 7/2023"). Regulation 7/2023 revoked the previous PPP rule under Regulation of the Minister of National Development Planning/Head of the National Development Planning Agency Number 4 of 2015.

article thumbnail

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.

article thumbnail

Technology, sportswear makers pull down European shares

Global Banking & Finance

Technology, sportswear makers pull down European shares By Khushi Singh and Ankika Biswas (Reuters) -European shares inched lower on Friday, weighed down by technology and sportswear makers, while investors were on tenterhooks ahead of a crucial U.S. inflation print and markets assessed domestic data to back bets of lower interest rates next year.

Shares 94
article thumbnail

Competition Law Update: Parliament Approves Next Wave of Competition Act Amendments

JD Supra: Mergers

Competition law reform in Canada is in full swing, with several important changes to the Competition Act (Act), including new rules relating to market studies, mergers and abuse of dominance now in effect. Additional amendments will come into force in December 2024. These changes were previewed in our Blakes Bulletin: Canadian Government Introduces Important Amendments to the Competition Act.

article thumbnail

German home prices tumble amid property rout

Global Banking & Finance

German home prices tumble amid property rout By Tom Sims and Rene Wagner FRANKFURT (Reuters) -Residential property prices in Germany continued their fall, dropping 10.2% in the third quarter from a year earlier in a further grim sign for the real-estate sector in Europe’s largest economy, data on Friday showed.

IT 93
article thumbnail

Broad Street Brief: Chinatown Stitch Design Selected

JD Supra: Mergers

This week, Mayor-elect Cherelle Parker announced the appointment of Chief of Staff Tiffany Thurman, Chief Deputy Mayor of Planning and Strategic Initiatives Aren Platt, and Chief Deputy Mayor of Intergovernmental Affairs, Sustainability, and Engagement Sinceré Harris. Also announced were the appointments of City Hall veterans Robert McDermott and Ami Patel as budget director and deputy budget director, respectively, as well as the retention of Finance Director Rob Dubow, who has served in the.

Finance 154
article thumbnail

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.

article thumbnail

Here are the big investors who beat the market in 2023 — and those suffering a bad year

CNBC: Investing

Some investors were able to take advantage of the relentless chaos this year, while others didn't do so well.

Investors 108
article thumbnail

Anderson v. Magellan: Delaware Court of Chancery elevates standard to justify mootness fees

JD Supra: Mergers

In Anderson v. Magellan Health, Inc., the Delaware Court of Chancery raised the standard for awarding mootness fees in settled M&A disclosure cases that resulted in supplemental disclosures, holding that fees can be awarded only where the plaintiff secures supplemental disclosures that are “plainly material” rather than just “helpful,” which was the prior standard.

M&A 154
article thumbnail

CPP Investments to sell down stake in European business software firm Visma

PE Hub

The transaction is a partial realization of the existing stake to a pool of existing and new investors. The post CPP Investments to sell down stake in European business software firm Visma appeared first on PE Hub.