Harvard Corporate Governance

NOVEMBER 6, 2024

Posted by Lauren H. Cohen (Harvard Business School), David Sunghyo Kim (MIT), and Eric C. So (MIT), on Wednesday, November 6, 2024 Editor's Note: Lauren H. Cohen is the L. E. Simmons Professor of Business Administration at Harvard Business School, David Sunghyo Kim is a PhD student at MIT Sloan School of Management, and Eric C. So is the Sloan Distinguished Professor of Management at the MIT Sloan School of Management.

Equity 252

Equity Marketability 252

Mckinsey and Company

NOVEMBER 6, 2024

Financial institutions can unlock the productivity of their software engineering teams to significantly boost tech innovation without increasing IT budgets.

Banking 126

Banking Technology 126

Harvard Corporate Governance

NOVEMBER 6, 2024

Posted by Nora L. Brodnitz and Alex J. Kaplan, Sidley Austin LLP, on Wednesday, November 6, 2024 Editor's Note: Nora L. Brodnitz is an Associate and Alex J. Kaplan is a Partner at Sidley Austin LLP. This post is based on their Sidley memorandum and is part of the Delaware law series ; links to other posts in the series are available here. It may seem obvious that “[e]quity cannot bless th[e] deliberate violation of an explicit statutory prohibition,” but in the recent Delaware Court of Chance

Equity 112

Equity 112

Mckinsey and Company

NOVEMBER 6, 2024

Research shows that organizations in the region have been quick to adopt generative AI, but very few are yet seeing much benefit. Those that are demonstrate what it takes.

Technology 97

Technology 97

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

Marketability

Benzinga

NOVEMBER 6, 2024

SAN FRANCISCO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Fresche Solutions, a global leader in IBM i modernization and transformation, acquires Redbourn Business Systems, a UK-based provider of specialized IBM i Synon/CA 2E development and consulting services. This strategic move reinforces Fresche's commitment to customers, partners, and organizations invested in IBM mid-range solutions and expands its footprint to further support clients in the UK and Europe who require specialized Synon/CA 2E ex

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Mckinsey and Company

NOVEMBER 6, 2024

Natural climate solutions, or NCS, are nature-based actions that either reduce or sequester greenhouse gas emissions, helping to protect, restore, and manage nature to further global climate goals.

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Equidam

NOVEMBER 6, 2024

First Principles Fundraising #2 In Part 1 of our First Principles Fundraising series, we examined whether raising venture capital is the right move for your startup , focusing on its demands—rapid growth, potential dilution, and the loss of control over time. If you’ve decided that external funding aligns with your strategic goals, the next step is to determine your actual readiness to approach investors.

B2B 57

B2B Marketability 57

LaPorte

NOVEMBER 6, 2024

(authored by RSM US LLP) Cost-of-living adjustments to retirement and fringe benefit plan limits for 2025 have been published by the IRS. The post IRS releases 2025 retirement and fringe benefit plan limitations first appeared on LaPorte.

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Law 360 M&A

NOVEMBER 6, 2024

The Ninth Circuit on Wednesday ruled that a lower court didn't err in denying Tesla investors' request for a new trial regarding their $12 billion claim over Elon Musk's 2018 tweets that he had "funding secured" to take the electric car giant private, saying there were no improper instructions given to the jury.

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Scott Mashuda

NOVEMBER 6, 2024

Year-End Client Reviews: How REAG Empowers CEPAs to Drive Success in 2025 As we approach the end of 2024 , Certified Exit Planning Advisors (CEPAs) are preparing for one of their most valuable activities: year-end reviews with their clients. For owners and founders, these reviews present an exciting opportunity to reflect on achievements, identify growth prospects, and strategically position businesses for success in the coming year.

Start-ups 52

Start-ups Banking Marketability EBITDA 52

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

Corporate Finance

Law 360 M&A

NOVEMBER 6, 2024

Britain's competition enforcer is investigating digital advertising technology provider Outbrain's planned purchase of video advertising platform Teads in a deal with European telecommunications company Altice worth around $1 billion.

Technology 52

Technology 52

Benzinga

NOVEMBER 6, 2024

On Wednesday, Cencora, Inc.’s (NYSE: COR ) fourth-quarter 2024 sales increased 14.7% to $79.1 billion, beating the consensus of $77.65 billion. The sales jump reflects a 15.7% increase in revenue within U.S. Healthcare Solutions and a 5.5% increase in revenue within International Healthcare Solutions. The company reported adjusted EPS of $3.34, up 16.8% year over year, beating the consensus of $3.22.

Dividends 52

Dividends 52

Law 360 M&A

NOVEMBER 6, 2024

Freshfields, Sidley Austin LLP and Morgan Lewis & Bockius LLP are guiding Cencora Inc. on an agreement to acquire Retina Consultants of America from Webster Equity Partners for $4.6 billion in cash, Cencora said Wednesday.

Equity 52

Equity 52

Benzinga

NOVEMBER 6, 2024

FREYR Battery Inc. (NYSE: FREY ) shares are trading higher on Wednesday. The company agreed to acquire U.S. solar manufacturing assets from Trina Solar Co Ltd. for a total consideration of $340 million. The consideration to Trina Solar includes $100 million in cash, a $50 million loan repayment, a $150 million loan note, 9.9% of FREYR common stock, and a convertible note for an additional 11.5% equity stake, subject to conditions.

EBITDA 52

EBITDA Equity 52

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

Marketability

Law 360 M&A

NOVEMBER 6, 2024

Tempur Sealy and Mattress Firm asked a Texas federal court to prevent the Federal Trade Commission's in-house merger case from moving ahead until after there is a decision on their constitutional challenge of the agency's process.

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Rhythm Systems

NOVEMBER 6, 2024

Don’t Start the Year Without a Plan You wouldn’t spend money on a plane ticket without knowing the destination—so don’t budget for a new year of business without having a strategic execution plan!

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Law 360 M&A

NOVEMBER 6, 2024

Several recent rulings reflect the competing considerations that arise when parties dispute the form of production for electronically stored information, underscoring that counsel must carefully consider how to produce and request reasonably usable data, say attorneys at Sidley.

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Mckinsey and Company

NOVEMBER 6, 2024

Adobe’s Varun Parmar discusses product-led growth and emphasizes that a great product should be intuitive, deliver immediate, tangible value to users, and be the primary driver of business growth.

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Law 360 M&A

NOVEMBER 6, 2024

Blackstone announced Wednesday it will pay $4 billion to acquire grocery store-focused real estate investment trust Retail Opportunities Investment Corp., in a deal built by respective legal advisers Simpson Thacher & Bartlett LLP and Clifford Chance US LLP.

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Peak Business Valuation

NOVEMBER 6, 2024

The fitness industry is booming as more people prioritize their health and well-being. In today’s health-conscious world, gyms and fitness centers offer a lot. From personal training to group classes, gyms have made a healthy lifestyle more accessible. If you are looking to sell a gym or fitness center, it is important to receive a business valuation.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Marketability 52

Law 360 M&A

NOVEMBER 6, 2024

Nano Dimension shareholder Murchinson Ltd. has nominated two independent candidates to stand for election to the Israeli 3D printing company's board while slamming the current board for its inability to hold CEO Yoav Stern accountable, saying that it's time to address the company's "persistent undervaluation, improve its allocation of capital and fix a broken boardroom culture.

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Global Finance

NOVEMBER 6, 2024

Global Finance Editor speaks with A Grade Governors on pressing issues impacting their economies, hearing their perspective on economic policy, financial stability, and the transformative role of banking in today’s rapidly evolving global landscape. The interviews were done during Global Finance’s 31st annual best bank awards ceremony held at the National Press Club in Washington D.C. on October 26th alongside the IMF World Bank annual meetings.

Banking 52

Banking Finance 52

Law 360 M&A

NOVEMBER 6, 2024

U.S. private equity firm TA Associates Management LP has offered to acquire Nexus AG in a public takeover offer, valuing the German healthcare technology company at €1.21 billion ($1.3 billion).

Private Equity Firm 52

Private Equity Firm Equity Technology 52

Financial Times M&A

NOVEMBER 6, 2024

Retailer’s CEO Alexandre Bompard is examining range of options including disposals as share price lags peers

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Reynolds Holding

NOVEMBER 6, 2024

SEC Division of Examinations releases examination priorities for 2025 On October 21, 2024, the SEC’s Division of Examinations (Division) published its examination priorities for 2025 (Exam Priorities). The Exam Priorities fall into the following seven categories: (1) Investment Advisers, (2) Investment Companies, (3) Broker Dealers, (4) Self-Regulatory Organizations, (5) Clearing Agencies, (6) Other Market Participants and (7) Risk Areas Impacting Various Market Participants.

Compliance 45

Compliance Marketability 45

Benzinga

NOVEMBER 6, 2024

HAMILTON, Bermuda, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited ("Enstar") (NASDAQ: ESGR ) today announced that it received the necessary shareholder approval for its proposed acquisition by Sixth Street, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the transaction. The transaction is expected to close in mid-2025, subject to regulatory approvals, and other customary closing conditions.

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Reynolds Holding

NOVEMBER 6, 2024

In a new paper, we investigate the financial implications of greenwashing, focusing on stock market responses to identifiable greenwashing events and accounting for the heterogeneity of global regulatory landscapes.1 Greenwashing is a deceptive advertising and marketing technique that organizations use to falsely convince the public that their products, goals, and policies are environmentally sound.

Marketability 59

Marketability Finance Compliance Technology 59

Benzinga

NOVEMBER 6, 2024

Strategic Acquisition Bringing Reborn Coffee's High-End Café Concept Together with Bbang Ssaem's Bakery Expertise to Drive Revenue and Growth BREA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN ), a premier specialty coffee retailer, is pleased to announce the successful acquisition of a 58% stake in Bbang Ssaem Bakery, a leading bakery chain with 31 locations across South Korea.

Marketability 45

Marketability 45

John Jenkins

NOVEMBER 6, 2024

Chancellor McCormick’s brief letter opinion in Floreani v. FloSports, (Del. Ch.; 10/24), may be worth sticking in your files, because it provides a handy roadmap on how to draft a Section 220 books & records request.

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Benzinga

NOVEMBER 6, 2024

Please see below information about transactions made under the share buyback program for Norsk Hydro ASA. Announcement date of the share buyback program: September 11, 2024 End date of the share buyback program: February 28, 2025 Overview of transactions: Date Aggregated daily volume (number of Shares) Weighted average share price per day (NOK) Total daily transaction value (NOK) 30/10/2024 89 000 68.78 6 121 580 31/10/2024 Full story available on Benzinga.

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A Neumann & Associates

NOVEMBER 6, 2024

If you are a business owner who has decided to expand their business through an add-on acquisition or if you are a first-time buyer, it’s always advisable to follow a step-by-step process to successfully acquire a business. 1) Decide what kind of business to buy Start by defining your target criteria: What is your preferred industry, what is your work experience or expertise?

Banking 40

Banking Finance Start-ups Marketability 40

Benzinga

NOVEMBER 6, 2024

MALVERN, Pa., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: VSH ), one of the world's largest manufacturers of discrete semiconductors and passive electronic components, announced that it has entered into definitive agreements to acquire Birkelbach Kondensatortechnik GmbH and certain related assets ("Birkelbach") for approximately €17 million ($18.5 million).

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Mckinsey and Company

NOVEMBER 6, 2024

The Fourth Industrial Revolution offers companies a path to sustainability and productivity through advanced technologies. Members of the Global Lighthouse Network demonstrate this potential.

Technology 40

Technology 40

Benzinga

NOVEMBER 6, 2024

TUSTIN, Calif. and LONDON and BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ: CDMO ) ("Avid" or the "Company"), a dedicated biologics contract development and manufacturing organization ("CDMO") working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, GHO Capital Partners LLP ("GHO") and Ampersand Capital Partners ("Ampersand") today announced they have entered into a definit

Enterprise Value 40

Enterprise Value Finance Marketability 40