Beyond M&A

OCTOBER 2, 2023

I wrote an article a few weeks ago on the Patterns of Due Diligence , which was prompted by a discussion with another DD provider on the ‘common issues’ we see. In addition, I listened to a Podcast where one of the large Due Diligence providers stated there was a ‘ pattern in DD ‘ My thinking was, ‘ If there’s a pattern, aren’t people wasting time and money, and can’t we identify those patterns before a firm goes into a sale or investment process?

Investors 147

Investors Corporate Finance Investment M&A 147

TechCrunch: M&A

OCTOBER 5, 2023

AI-powered parking platform Metropolis today announced that it raised $1.7 billion to acquire SP Plus, a provider of parking facility management services, in a combination of equity and debt.

Debt 302

Debt Funds Capital Equities 302

H. Friedman Search

OCTOBER 5, 2023

A holding pattern could become a real nuisance, especially if you are flying in an airplane and expect to land at a certain time. You’re now late and everything that you had planned for the day is completely off schedule. It’s the same when you are expecting to be moving forward in the interview process and there is no movement whatsoever. Is there anything you can do to push the process forward?

Finance 194

Finance Finance Recruitment Management 194

JD Supra: Mergers

OCTOBER 3, 2023

Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory announcements, recap key enforcement actions, and preview upcoming deadlines and events. We also include links to our articles, blogs, and webinars with more analysis in these areas.

Trading 193

Trading 193

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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?

Management

Beyond M&A

OCTOBER 3, 2023

We are well into the year, so it’s time for the (retrospective) Tech Tends of 2023. It’s becoming increasingly apparent that the tech landscape is unlike any other year. We share our unique vantage point in tech due diligence offers. It’s a big change from last year, when tech firms struggled to find people and afford them. A New Pace in Deal Negotiation Gone are the days when due diligence was a whirlwind of activity crammed into a fortnight.

Negotiation 147

Negotiation Investment Financial Modeling Financial Models 147

Global Banking & Finance

OCTOBER 4, 2023

Central bank test lab develops global bitcoin mapping system By Marc Jones LONDON (Reuters) – A global central bank test lab has designed a prototype bitcoin monitoring system aimed at giving authorities a clearer picture on how, when and where the cryptocurrency is used.

Bank 132

Bank Banking 132

JD Supra: Mergers

OCTOBER 2, 2023

ANTITRUST AND COMPETITION - The European Commission’s Merger Simplification Package Enters Into Force - On 20 April 2023, the European Commission (Commission) adopted a new legislative package that entered into force on 1 September 2023 consisting of: (i) an implementing regulation, (ii) a notice on simplified procedure (Notice), and (iii) a communication on the transmission of documents (Communication) (collectively, the Merger Simplification Package).

Mergers 180

Mergers 180

Beyond M&A

OCTOBER 4, 2023

In the realm of business success stories, the tale of the start-up hardware firm Compaq offers a compelling narrative. From the beginning, the Compaq team was strategic about integrating sales into the very fabric of their business. Even before any hardware designs were finalized, their sales team was already meeting prospective clients, famously sketching the envisioned product on a napkin to drum up interest.

Business 130

Business Architecture Sale M&A 130

TechCrunch: M&A

OCTOBER 4, 2023

Three weeks after the Cisco announced a massive $28B acquisition of Splunk, investors still seem less than enthused about the deal.

Investors 209

Investors Acquisitions Mergers and Acquisitions Mergers 209

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.

Finance

Global Banking & Finance

OCTOBER 4, 2023

Russian car sales jump in September as Chinese brands expand market share (Reuters) – Car sales in Russia jumped by 148.6% year-on-year in September, continuing to rebound from a huge slump in 2022, analytical agency Autostat said on Wednesday, with Chinese brands expanding their market share.

Sale 131

Sale Shares Investment 131

JD Supra: Mergers

OCTOBER 6, 2023

More hospital acquisitions may seek to avoid premerger scrutiny of the Federal Trade Commission (FTC) under the HSR Act (or any antitrust inquiry ever) if a recent federal district court decision holds up and becomes settled law.

Hospitality 175

Hospitality Acquisitions Trading 175

The New York Times: Banking

OCTOBER 2, 2023

The FTX founder’s uphill court battle starts Tuesday, after he has come to symbolize everything that went wrong with the cryptocurrency industry.

Financial Institution 143

Financial Institution Finance Finance Trading 143

The New York Times: Mergers, Acquisitions and Dive

OCTOBER 5, 2023

The agency said Mr. Musk was subpoenaed to testify last month about his purchases of Twitter’s stock last year, but he failed to appear.

Stock 143

Stock Mergers and Acquisitions Media Securities 143

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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.

Capital

Global Banking & Finance

OCTOBER 4, 2023

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy’s main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.

Sale 131

Sale IT 131

JD Supra: Mergers

OCTOBER 2, 2023

Earlier this month, a federal judge vacated two convictions related to the Department of Justice’s (“DOJ”) investigation into corruption in international soccer, widely known as the “FIFA Case.” Despite the jury’s findings that the defendants were guilty of honest services fraud for their involvement in bribery and kickbacks schemes related to the acquisition of soccer broadcasting rights, the district court rejected the application of the honest services fraud theory to foreign commercial.

Acquisitions 175

Acquisitions 175

The New York Times: Banking

OCTOBER 1, 2023

Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.

Profitability 132

Profitability Financial Institution Education Government 132

CNBC: Investing

OCTOBER 3, 2023

Fundstrat managing partner and head of research Tom Lee is sticking with a bullish forecast on the S&P 500 before the end of the year.

S&P 139

S&P Management 139

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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.

Architecture

Global Banking & Finance

OCTOBER 4, 2023

ECB’s Centeno says rate cycle likely completed, inflation retreating LISBON (Reuters) -The cycle of interest rate hikes by the European Central Bank has likely come to an end as inflation across the euro zone is retreating faster then it rose, ECB Governing Council member Mario Centeno said on Wednesday.

Government 128

Government Bank Banking IT 128

JD Supra: Mergers

OCTOBER 5, 2023

In the U.S. Department of Justice’s (DOJ’s) latest effort to promote voluntary self-disclosure of corporate misconduct by companies, Deputy Attorney General (DAG) Lisa Monaco has announced guidance regarding a new safe harbor policy related to mergers and acquisitions (M&A).

Mergers 170

Mergers Acquisitions Mergers and Acquisitions M&A 170

The New York Times: Banking

OCTOBER 6, 2023

Former U.S. citizens who live abroad have filed a class-action lawsuit saying the $2,350 fee to relinquish their nationality was exorbitant.

Financial Institution 136

Financial Institution Capital Government Bank 136

CNBC: Investing

OCTOBER 1, 2023

Bill Ackman would 'absolutely' do a deal with X with his new SPARC funding vehicle, he told The Wall Street Journal.

Funds 145

Funds 145

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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.

Business

Global Banking & Finance

OCTOBER 4, 2023

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19 ROME (Reuters) – Italy’s government has warned that a shortage of doctors and nurses in the national health service represents a “real emergency” To help overcome the crisis, some hospitals are offering contracts to foreign medics to fill the gaps.

Hospitality 128

Hospitality Medical Government 128

JD Supra: Mergers

OCTOBER 3, 2023

In a growing trend, states are enacting laws modeled after the federal Hart-Scott-Rodino (HSR) Act, which requires parties to proposed transactions that satisfy certain reporting thresholds to first provide information to the Federal Trade Commission (FTC) and U.S. Department of Justice (DOJ).

Trading 170

Trading 170

The TRADE

OCTOBER 4, 2023

Data and automation were unsurprisingly central to Tuesday’s Fixed Income Leaders Summit Europe 2023 panel exploring the direction of travel for market structure in fixed income for the coming years. The fixed income markets have undergone a total transformation as of late, with more volumes than ever being executed electronically, particularly for smaller sized flow.

Trading 117

Trading Electronics Investors IT 117

CNBC: Investing

OCTOBER 2, 2023

The growth of artificial intelligence soon could have some big implications for the labor market, according to Morgan Stanley.

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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.

Securities

Global Banking & Finance

OCTOBER 4, 2023

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year BRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month-on-month in August and plunged year-on-year on a sharp drop in energy prices, data showed on Wednesday.

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JD Supra: Mergers

OCTOBER 6, 2023

Over the last two years, the Department of Justice (DOJ) has announced numerous policy changes on corporate criminal enforcement policies, which were largely based on a self-described “carrot and sticks” approach (“a mix of incentives and deterrence”). The latest policy affects mergers and acquisitions.

M&A 165

M&A Mergers and Acquisitions Mergers Corporation 165

The New York Times: Banking

OCTOBER 6, 2023

Fed officials are happy when the labor market looks strong, but they are trying to cool the economy down to fully wrangle inflation.

Financial Institution 122

Financial Institution Economics Bank Banking 122