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Addressing Market Volatility and Risk in M&A Agreements

Harvard Corporate Governance

Many M&A professionals have seen at least one, and in some cases multiple, potential transactions fall victim during the negotiation stage to the effects of economic uncertainty and market volatility over the past few months, and overall M&A is down roughly 25% globally in 2022 as compared to 2021. more…).

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Data Update 4 for 2021: The Hurdle Rate Question!

Musings on Markets

From a hurdle rate perspective, this implies that companies, where the marginal investors (who own a lot of stock and trade that stock) are diversified, should incorporate only macroeconomic or market risk into hurdle rates. US , Europe , Emerging Markets , Japan , Australia/NZ & Canada , Global ) 2.

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Decentralized Finance, Crypto Funds, and Value Creation in Tokenized Firms

Reynolds Holding

In fact, the number of newly established active CFs has substantially grown over the last four years to more than 850 at the end of 2021, with a surge in total assets under management from $8.3 billion in 2021. billion in mid-2018 to $57.5

Finance 103
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Corporate Treasurers Proceeding With Caution

Global Finance

Kelly Wen, BNY: Industries that face greater risks are seeing banks becoming more selective in making capital available to them. Some early adopters of sustainability-linked loans in 2020-2021 are now questioning the necessity of these provisions, with some removing them from revolving credit facilities.

Treasury 105
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Wachtell Lipton Discusses Addressing Market Volatility and Risk in M&A Agreements

Reynolds Holding

Many M&A professionals have seen at least one, and in some cases multiple, potential transactions fall victim during the negotiation stage to the effects of economic uncertainty and market volatility over the past few months, and overall M&A is down roughly 25% globally in 2022 as compared to 2021. Fixed Exchange Ratios.

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Growth Equity: The Child Prodigy of Private Equity and Venture Capital, or an Artifact of Easy Money?

Brian DeChesare

Some argue that GE offers the best of both worlds: the opportunity to fund innovation and growth – as in venture capital – plus the ability to limit downside risk and invest in proven companies – as in private equity. Others would counter that growth equity’s rapid ascent was mostly due to the easy money that persisted between 2008 and 2021.

Equity 105
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Davis Polk Discusses Key Takeaways for Banks of Basel Climate Report

Reynolds Holding

Consistent with the Basel Committee’s Risk Drivers Report, the Basel Principles expect banks to assess and manage climate-related financial risks through the lens of existing categories of risk addressed by the Basel capital and liquidity framework, such as credit risk (including counterparty risk), market risk, liquidity risk and operational risk.

Banking 45