TechCrunch: M&A

JANUARY 17, 2024

ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps 12 tumultuous months for the once-hot new-age lender.

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Sale Financial Services Mergers and Acquisitions Capital 214

The TRADE

FEBRUARY 28, 2024

Stuart Parris has been appointed head of sales at Euronext FX, overseeing a global sales team covering the Americas, EMEA and APAC regions. Parris has been with the business since 2018 and has held different senior roles during his tenure, most recently as director, EMEA sales focused on sell-side tier 1 client engagement.

Sale 110

Sale Engineering Bank Banking 110

The TRADE

MARCH 21, 2024

US-based block trading start up OptimX has selected a former Virtu buy-side sales specialist to become its new head of institutional sales, The TRADE can reveal. Michelle Butler joins OptimX to head up its buy-side business after most recently serving at Virtu for 19 years, managing sales for its POSIT Alert business.

Sale 110

Sale Asset Management Trading Management 110

The TRADE

APRIL 11, 2024

Euronext has appointed former Credit Suisse sales trader Nathalie Ruiz as head of continental equity sales. Ruiz previously spent nearly 12 years at Credit Suisse, most recently as director, sales trader for Credit Suisse’s suite of algorithmic trading strategies, Advanced Execution Services (AES).

Sale 63

Sale Equities Electronics Trading 63

Wall Street Mojo

JANUARY 3, 2024

What Is Sales Return Journal Entry? Sales Return in terms of payroll journal entry can be defined as the one which shall be used to account for the customer returns in the books of account or to account for when there is a return of goods sold by the customer due to defective goods sold, or misfit in requirement of the customer, etc.

Sale 98

Sale Accountant Financial Modeling Financial Models 98

The TRADE

JANUARY 23, 2024

Omar Darwish has joined fintech pioneer GTN as equity sales trader following a three-and-a-half-year stint at Arqaam Capital. Throughout his career, UAE-based Darwish has also worked as sales trader at investment banks Credit Suisse and Commercial International Bank (CIB).

Sale 105

Sale Equities Asset Management Capital 105

The TRADE

MARCH 25, 2024

Reesha Radia is set to join the exchange in April as a senior manager in business development and sales. She joins after most recently spending almost five years at Citi in execution sales-focused roles, most recently as assistant vice president. LSEG confirmed her appointment.

Sale 115

Sale Business Trading Equities 115

JD Supra: Mergers

NOVEMBER 9, 2023

How do you draft a tax covenant for a corporate sale when the Seller Group is within the scope of a Pillar Two charge? This is an issue that will become increasingly relevant as we approach the Pillar Two start date at the end of 2023. Please see full Publication below for more information. By: Bryan Cave Leighton Paisner

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Corporation Sale 167

Deal Lawyers

DECEMBER 12, 2023

Section 363 sales are a common way to acquire assets out of bankruptcy. They’re a popular alternative for debtors who don’t want to go through a reorganization and provide buyers with the ability to acquire assets at an attractive price “free and clear” of claims against the debtor.

Sale 112

Sale 112

JD Supra: Mergers

MARCH 7, 2024

Serving as the stalking horse bidder in a Section 363 sale can provide a buyer with financial and legal protections, as well as better position the buyer to ultimately acquire the debtor’s assets. This article addresses the key issues regarding being a stalking horse bidder in a bankruptcy case.

Sale 172

Sale 172

Peak Frameworks

MAY 2, 2024

Understanding the Basics of Credit Sales Credit sales are purchases in which the buyer delays providing the actual payment. Under a credit sale, the buyer agrees to pay the price of a good over a period of time.

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Sale Accountant Financial Statement Business 52

Align Business Advisory Services

APRIL 24, 2024

In this article, we cover four key financial factors that can help business owners navigate the process of timing their business sale strategically. Read More » The post 4 Financial Factors That Determine the Timing of Your Business Sale appeared first on Align BA.

Sale 81

Sale Business Acquisitions Mergers 81

Deal Lawyers

MARCH 11, 2024

2/24), a case arising out of the 2022 acquisition of Citrix Systems, a Florida federal court refused to dismiss allegations that a merger proxy contained misleading omissions due to the target’s failure to provide updated information addressing continuing improvement in a key sales metric between signing and closing. […]

Sale 112

Sale M&A Mergers and Acquisitions Mergers 112

How2Exit

OCTOBER 9, 2023

b' Barbara Schenck Shares Tips on Preparing a Small Business for Sale - 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

Sale Business Shares Book-building 130

Global Banking & Finance

JULY 4, 2023

Chinese smartphones sales exceed 70% of Russian market (Reuters) – Chinese smartphones dominated the Russian market in the first half of 2023, exceeding 70% of all sales, leading consumer electronics retailer M.Video-Eldorado said, up from about 55% last year.

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Sale Retail Electronics 122

Global Banking & Finance

JUNE 21, 2023

European car sales rise in May – ACEA BERLIN (Reuters) – European new car registrations increased in May, data from the region’s carmaker association showed on Wednesday. The number of new vehicles registered that month in the European Union, Britain and the European Free Trade Association (EFTA) grew by 18.2%

Sale 140

Sale Trading 140

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

Global Banking & Finance

OCTOBER 18, 2023

China’s Nio considers tapping dealers to boost EV sales in Europe – sources SHANGHAI (Reuters) -Chinese electric vehicle maker Nio is considering building a dealer network in Europe to speed up sales growth, three sources familiar with the matter said, even as China’s EVs face potential tariffs in the region.

Sale 128

Sale 128

Global Banking & Finance

OCTOBER 18, 2023

Ad sales for Paris Olympics pace ahead of previous Games, NBCUniversal says By Helen Coster NEW YORK (Reuters) – Total advertising sales for the Paris 2024 Summer Olympic and Paralympic Games are pacing ahead of where each of NBCUniversal’s previous Olympic and Paralympic Games were at this point in time, Dan Lovinger, NBCUniversal’s president (..)

Sale 126

Sale 126

Wall Street Mojo

JANUARY 17, 2024

What Are Sales Returns And Allowances? Sales Returns and Allowances (SRA) are contra-revenue accounts with negative balances. For this, businesses deduct the amount identified under the returns and allowances head from the gross sales figure, and the net sales figure is derived from this calculation.

Sale 52

Sale Accountant Financial Statement IT 52

PCE

APRIL 5, 2024

(PCE), a leading financial services firm specializing in midmarket companies, is excited to announce the recent transition of 100% ownership of Group Sales, Inc. Group Sales”) into an Employee Stock Ownership Plan (“ESOP”). PCE served as the exclusive financial adviser to Group Sales.

Sale 52

Sale Financial Services Stock Investment 52

Global Banking & Finance

JULY 3, 2023

Sainsbury’s says UK food inflation falling as sales rise By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, said on Tuesday food inflation was starting to fall as a return to volume growth helped power a 9.8% rise in quarterly underlying sales.

Food 122

Food Sale Shares 122

Lake Country Advisors

APRIL 15, 2024

A successful business sale hinges on solid negotiation skills. Best Practices for Negotiation of the Sale of Your Business Negotiating the sale of your business will impact your financial future and your company’s legacy. Valuing your business accurately is the cornerstone of a successful sale.

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Negotiation Sale Business Broker 69

Global Newswire by Notified: M&A

MAY 1, 2024

LACROIX announces the final saleof the Road Signs segment LACROIX announces that it has finalized the sale of its Road Signs segment to the industrial.

Sale 52

Sale IT 52

The Guardian: Mergers & Acquisitions

APRIL 26, 2024

Darktrace, whose co-founding investor Mike Lynch is currently on trial for fraud and conspiracy in the US, agreed to an offer 44% higher than its average share price over the past three months.

Private Equity 80

Private Equity Equities Sale Business 80

The TRADE

FEBRUARY 8, 2024

Technology services provider Pico has named Linda Wallander vice president of EMEA sales, The TRADE can reveal. Before joining Pico, Wallander served as a senior sales executive for EMEA and Asia Pacific at data platform Exabel. The post Pico appoints new vice president of EMEA sales appeared first on The TRADE.

Sale 63

Sale Advisory Trading M&A 63

PE Hub

MARCH 5, 2024

The post Pfingsten-backed Fairbank Equipment acquires manufacturer Big W Sales appeared first on PE Hub. Big W represents Fairbank’s second strategic acquisition since Pfingsten became the majority shareholder in December 2021.

Manufacturing 76

Manufacturing Sale Acquisitions 76

Global Banking & Finance

JUNE 21, 2023

UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh By Suban Abdulla and Aby Jose Koilparambil (Reuters) -British high-end housebuilder Berkeley on Wednesday forecast a 20% drop in sales for the fiscal year that began on May 1, as demand suffers from rising interest rates and tough trading conditions due to […] (..)

Sale 137

Sale Trading 137

Global Banking & Finance

APRIL 25, 2024

Unilever beats quarterly sales growth forecasts (Reuters) -Unilever’s first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world’s biggest consumer goods companies won back shoppers who had traded down to cheaper products.

Sale 40

Sale Trading IT 40

Global Banking & Finance

APRIL 9, 2024

Daimler Truck Q1 sales drop 13% as markets normalize BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expected when compared with the same quarter the year before.

Sale 52

Sale IT 52

Global Banking & Finance

MAY 2, 2024

Pandora raises revenue forecast as US sales sparkle By Isabelle Yr Carlsson and Helen Reid COPENHAGEN (Reuters) -Pandora, the world’s largest jewellery maker, raised its full-year revenue guidance on Thursday after beating first quarter sales and profit forecasts as it won market share in the United States, its biggest market.

Sale 40

Sale Profitability Shares IT 40

PE Hub

DECEMBER 6, 2023

The post Sponsors eye sale of Triple Oak Power by year-end; NEA runs strip sale of assets across funds appeared first on PE Hub. GI unveils platform to invest in medical outpatient buildings.

Sale 69

Sale Funds Medical Investment 69

The TRADE

NOVEMBER 3, 2023

Wells Fargo has appointed Jon Thorne as senior securities sales trading specialist, The TRADE can reveal. Most recently, Thorne served as a listed sales trader – a position he held for almost 11 years. The post Wells Fargo taps Credit Suisse for new senior securities sales trading specialist appeared first on The TRADE.

Trading 114

Trading Sale Securities Electronics 114

The TRADE

MARCH 22, 2024

HSBC has appointed Matthew Stanton as managing director, head of equities sales trading for Americas. Stanton joins HSBC from Primary Portal, where he served as a sales consultant. Prior to that, he spent just over seven years at Barclays, most recently serving as managing director, head of cash sales trading, Americas.

Sale 68

Sale Trading Equities Asset Management 68