Benzinga

SEPTEMBER 16, 2024

The Bausch + Lomb spin-off was part of Bausch Health’s plan to alleviate its $21 billion debt, a third of which is due by 2027. The world’s largest contact lens supplier, valued at over $10 billion, has sought advice from Goldman Sachs to explore interest from private equity firms. Full story available on Benzinga.com

Private Equity Firm 52

Private Equity Firm Equity 52

Musings on Markets

JULY 17, 2023

In my second data update post from the start of this year , I looked at US equities in 2022, with the S&P 500 down almost 20% during the year and the NASDAQ, overweighted in technology, feeling even more pain, down about a third, during the year. US Equities in 2023: Into the Weeds! that was lost last year.

Marketability 98

Marketability Risk Premium Start-ups Treasury 98

Benzinga

AUGUST 31, 2023

Watts Water Technologies Inc (NYSE: WTS ) penned a deal to acquire Bradley Corporation for $303 million. The transaction value comes to around $268 million after adjusting for the estimated net present value of expected tax benefits of about $35 million.

Net Present Value 52

Net Present Value EBITDA Technology Marketability 52

Benzinga

AUGUST 20, 2024

Key Motivations Behind The Deal Hari explained that the primary driver behind AMD’s acquisition of ZT Systems is the potential to bolster its presence in the AI data center market, an industry projected to be worth $400 billion by 2027. Full story available on Benzinga.com

Marketability 59

Marketability Equity 59

Reynolds Holding

MAY 29, 2024

In a new paper, I argue that this and other debt-related developments have significantly affected the dynamics among directors, debtholders, shareholders, and other corporate constituencies, changed the relationship between debt and equity, and given debtholders more ways and incentives to influence a company and its governance.

Corporate Finance 53

Corporate Finance Finance Banking Equity 53

Harvard Corporate Governance

NOVEMBER 23, 2022

suggested that “Scope 3 implementation should be delayed to 2027” (see also Center for Sustainable Business at the University of Pittsburgh ). This can be contrasted with the view that Scope 3 disclosures are being made by some entities already (see Private Equity Stakeholder Project ).

Banking 200

Banking Finance Corporate Finance Accounting Firms 200

Benzinga

APRIL 26, 2023

She founded Orchid Capital, a New York based private equity firm focused on buyouts of privately held, owner-operated technology companies in the US lower middle market, in 2022. Research shows that the global digital marketing industry was valued at $351B in 2021 and is expected to increase at a CAGR of 18% to reach a value of $949B by 2027.

Private Equity Firm 40

Private Equity Firm Technology Marketability Equity 40

Brian DeChesare

MAY 3, 2023

And it values the company today based on the present value of its dividends and that potential future value (either the stock price or the Equity Value via the Terminal Value calculation). And Equity Real Estate Investment Trusts (REITs) must distribute almost all their Net Income, so the DDM can work well in REIT valuations.

Dividends 64

Dividends Terminal Value Enterprise Value Equity 64

Global Finance

JULY 29, 2024

annually by 2027, reaching $3.5 Investments should comprise all asset classes, including alternative investments with superior returns along the dimensions of private equity, venture capital, and real estate,” says QNB’s Al-Sada. According to Boston Consulting Group, the region’s financial wealth is expected to grow by 4.7%

Banking 95

Banking Finance Technology Marketability 95

Benzinga

JULY 13, 2022

The Company funded the acquisition via a new $400 million five-year Term Loan A loan and amended its existing credit agreement to extend its $600 million Revolver through July 2027. CODI's initial equity ownership in PrimaLoft is approximately 91%.

Equity 40

Equity Technology Marketability 40

Simply Treasury

AUGUST 2, 2022

DEBRA Proposal (« Debt-Equity Bias Reduction Allowance). In early May, the European Commission unveiled its proposal for a "DEBRA" (Debt-equity bias reduction allowance) Directive, aimed at encouraging companies to finance their investments with equity and capital contributions, instead of resorting to loans (bank or other).

Equity 52

Equity Risk Premium Banking Finance 52

Benzinga

JULY 12, 2022

Capital Power will finance the transaction using cash on hand and its credit facilities and will not need to access the equity markets to finance the transaction. Capital Power will be responsible for operations and maintenance and asset management for which it will receive an annual management fee. per share reflecting a 7.0% increase.

Dividends 40

Dividends Finance EBITDA Equity 40

Benzinga

SEPTEMBER 23, 2024

The Company's investment objective is to maximize risk-adjusted returns on equity for its stockholders by investing primarily in direct loans to privately held middle-market. At the Special Meeting, the stockholders of the Company also voted to approve: (a) the election of Frederick C. federal income tax purposes.

Finance 40

Finance Equity Marketability 40

Benzinga

APRIL 3, 2023

Expects to be carbon neutral by year-end 2024, with a path toward to net zero by 2027. The vertically integrated business is supported by over 10 years of research and development, including Avila's equity investment in Micro Turbine Technology (" MTT "). Business combination anticipated to close in the 4 th quarter of 2023.

Technology 40

Technology Marketability Equity Finance 40

Benzinga

JUNE 16, 2022

Atairos and NBCUniversal to acquire a 30% equity interest in OEG for a $296 million investment, of which Atairos is directly investing $283 million and NBCUniversal is directly investing $13 million. Ryman Hospitality Properties, Inc.

Equity 40

Equity 40

Global Finance

OCTOBER 6, 2024

The pre-Covid world with superlow interest rates is over,” says economist Riccardo Trezzi, founder of Underlying Inflation, a consultancy for private equity and hedge funds on macroeconomics and economic policy, “and this means that public fiscal deficit will become more relevant, with higher spending to fund the public debt as a consequence.”

Treasury 98

Treasury Finance Banking Marketability 98

Benzinga

DECEMBER 13, 2022

Transaction values the combined company at a post-money equity value of $475.5M billion in 2027. –Robert Palmisano of Priveterra to become chairman of the Board of Directors; combined company to be led by AEON CEO Marc Forth –. and is expected to provide $276M in gross cash proceeds –. Merger anticipated to close in 1H 2023 –.

Marketability 40

Marketability Equity 40

Benzinga

MARCH 18, 2024

per share and will expire on January 28, 2027. Wilmer Cutler Pickering Hale and Dorr LLP served as legal counsel to the placement agents. The Merger Warrants will be exercisable at any time after the date of the receipt of BiomX stockholder approval at an exercise price of $5.00

Finance 40

Finance Equity Marketability 40

Benzinga

MARCH 6, 2024

per share and will expire on January 28, 2027. Alan Moses, Greg Merril, Eddie Williams and Jonathan Solomon, BiomX's Chief Executive Officer. The Merger Warrants will be exercisable at any time after the date of the receipt of stockholder approval at an exercise price of $5.00

Finance 40

Finance Technology Equity 40

Benzinga

SEPTEMBER 18, 2024

Bel will acquire an 80% stake upfront for $320 million in cash (subject to customary adjustments), plus up to $10 million of potential earnout payments for the 2025-2026 period, with the intent to purchase the remaining 20% by early 2027 based on future EBITDA performance. and Adjusted EBITDA margin of 32.5%

Technology 45

Technology EBITDA Marketability Enterprise Value 45

Reynolds Holding

JANUARY 28, 2024

Last year, the SEC issued guidance with respect to PvP disclosure requirements in the form of Compensation and Disclosure Interpretations and staff comment letters, including the following key items: Average compensation paid does not include unvested equity awards that vest upon retirement, even if the award holder is retirement-eligible.

Dividends 53

Dividends Marketability Compliance Equity 53

Musings on Markets

JUNE 23, 2023

Does revolutionary change help the overall economy and/or equity markets? Historical Stock Returns for US Given equity market volatility, four decades is a short time period, and the most that we can discern from this data is that the technological changes have been a net positive, for markets, albeit with added volatility for investors.

Start-ups 103

Start-ups Marketability Market Capitalization Technology 103

Reynolds Holding

MARCH 1, 2023

3 Example : If the restatement is required in 2027, then the clawback would apply to compensation received in 2024, 2025 and 2026.A Financial reporting measures also include stock price and total shareholder return (TSR). Same as the NYSE. It will also be important for the relevant functions within the company (e.g.,

Compliance 45

Compliance Total Shareholder Return Finance Equity 45

Reynolds Holding

AUGUST 3, 2022

Listed SMEs : For listed small and medium enterprises (including non-EU SMEs listed in the EU and certain other EU entities), the CSRD would apply starting for fiscal years beginning January 1, 2026, with the first reports to be published in 2027. In-scope SMEs will have the possibility to opt-out for 2 years after entry into application, e.

Marketability 49

Marketability Banking Compliance Finance 49

Reynolds Holding

APRIL 21, 2022

Of most importance for financial institutions, the identified categories also include downstream activities such as “investments” (Category 15 of the GHG Protocol’s Scope 3 emissions categories), which would capture financed emissions ( i.e. , emissions from companies to which the financial institution provides debt or equity financing).

Finance 45

Finance Banking Compliance Equity 45

Reynolds Holding

FEBRUARY 9, 2023

A report by research firm Verdantix forecasts that investment in ESG and sustainability consulting will reach $16 billion by 2027. loss in non-ESG equity funds; and only 31% of actively managed ESG equity funds had surpassed their targets in the first half of 2022, compared to 41% of non-ESG funds.

Finance 49

Finance Marketability Start-ups Equity 49

Cooley M&A

JANUARY 25, 2024

Deal momentum in the AI space was one of the main talking points for cross-border dealmaking in 2023, with some estimates projecting the overall market size will reach $407 billion by 2027. Cash-rich buyers, including PE, should be poised to take advantage of this trend we expect to see across a variety of jurisdictions.

Start-ups 52

Start-ups Marketability Finance Debt Financing 52

Reynolds Holding

MAY 25, 2022

For example, Alexandria Real Estate Equities Inc. The Department of Defense has also determined that the PRC intends to possess the ability to seize Taiwan no later than 2027. Relevant Characteristics of Conflict in the Taiwan Strait. Given the strategic importance of the PRC to U.S.

Compliance 53

Compliance Start-ups Marketability Corporate Finance 53

Benzinga

MARCH 24, 2025

per share in cash, conditioned on the achievement of 614,000 cumulative procedures with LENSAR’s products between January 1, 2026, and December 31, 2027. The deal also an additional non-tradeable contingent value right offering up to $2.75 The transaction. Full story available on Benzinga.com

Equity 64

Equity 64

Benzinga

MARCH 19, 2025

Babler added "The announcement of the merger agreement with ACELYRIN represents a significant step forward in Alumis' strategic progress that will create a leading immunology and inflammation company with multiple upcoming expected development milestones and extend our runway into 2027.

Marketability 40

Marketability Equity Technology 40

Reynolds Holding

MARCH 10, 2025

16] compared to ubiquitous practice of central clearing and settlement in the equities and non-Treasury fixed income markets. Prior to 2000, users of interdealer brokers or IDBs were all members of a central counterparty, and trades were frequently routed to the clearing agency to take advantage of multilateral netting.

Treasury 45

Treasury Marketability Banking Start-ups 45