Wed.Jun 26, 2024

article thumbnail

DEI Metrics in Executive Compensation

Harvard Corporate Governance

Posted by Umesh Chandra Tiwari, ESGAUGE, on Wednesday, June 26, 2024 Editor's Note: Paul Hodgson is a Senior Advisor at ESG data analytics firm ESGAUGE. This post relates to a report authored by Mr. Hodgson based on data published by The Conference Board and ESGAUGE. June 29th marks the one-year anniversary of the landmark Supreme Court decision in Students for Fair Admissions v.

Equity 269
article thumbnail

Private capital in insurance 2.0: Building the flywheel

Mckinsey and Company

The relationship between insurers and private-capital firms has strengthened in recent years as distinctive investment management has become critical to executing the “virtuous flywheel” strategy.

124
124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SEC Targets AI Washing in Private Capital Markets

Harvard Corporate Governance

Posted by Charu A. Chandrasekhar, Kristin A. Snyder, and Matt Kelly, Debevoise & Plimpton LLP, on Wednesday, June 26, 2024 Editor's Note: Charu Chandrasekhar and Kristin A. Snyder are Partners and Matt Kelly is a Counsel at Debevoise & Plimpton LLP. This post is based on a Debevoise memorandum by Ms. Chandrasekhar, Ms. Snyder, Mr. Kelly, Andrew J.

article thumbnail

Anaplan CEO: How decision excellence drives enterprise performance

Mckinsey and Company

Charlie Gottdiener discusses the growing importance of enterprise connectedness and the planning software provider’s research quantifying the business value of better decision making.

121
121
article thumbnail

How to Leverage Intent Data for Better Outcomes

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.

article thumbnail

Publicly Traded Public Benefit Corporations: An Empirical Investigation

Harvard Corporate Governance

Posted by Jens Dammann (University of Texas), on Wednesday, June 26, 2024 Editor's Note: Jens Dammann is the Ben H. and Kitty King Powell Chair in Business and Commercial Law at the University of Texas School of Law. This post is based on his recent article , forthcoming in the Stanford Journal of Law, Business & Finance. Many corporations seek to persuade their investors, customers, and employees that they care not only about profits but also about corporate constituencies such as workers,

Finance 111
article thumbnail

New R&D Tax Credit Reporting Requirements On the Horizon

Gross Mendelsohn

Businesses that capitalize on the popular Research and Development Tax Credit need to be aware of changes in reporting requirements for the 2024 tax year.

99

More Trending

article thumbnail

Comment on Leaving the Appraisal Profession by Chris

Appraisers Blog

It’s a Great Time to Leave the Appraisal Profession. I can hear the chorus of my fellow appraisers rising up in disagreement with me.

article thumbnail

US drives nascent rebound in global M&A

Financial Times M&A

Uptick in big deals offsets dwindling number of acquisitions

98
article thumbnail

High Tide To Buy 'Highly Accretive' Cannabis Store For $438K

Benzinga

High Tide Inc. (NASDAQ: HITI ) will acquire a retail cannabis store in Mississauga, Ontario, currently operating as Cantopia for CA$600,000 ($438,417). Canadian cannabis retailer confirmed Wednesday it has entered into a definitive asset purchase agreement dated June 25, 2024 under which it will acquire Cantopia. The store is located in Mississauga at a bustling retail plaza surrounded by several small businesses.

94
article thumbnail

KKR makes bid to take control of FGS Global from WPP

Financial Times M&A

Private equity group’s recent offer for corporate PR firm was knocked back by WPP for being too low

Equity 87
article thumbnail

Statement of Cash Flows vs. Cash Flow Statement

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

article thumbnail

New Minnesota Independent Contractor Law Imposes New Penalties

Redpath

Effective July 1, significant changes are being made to Minnesota’s independent contractor and employment laws. All employers, as well as their owners, are subject to increased penalties for misclassification of employees as independent contractors. In addition, these new changes will significantly impact construction contractors.

81
article thumbnail

How private equity shapes the UK

Financial Times M&A

Plus, the M&A market’s budding comeback and ad group WPP turns down KKR’s takeover bid for its PR unit FGS Global

Equity 82
article thumbnail

Comment on CFPB Crackdown: Unfair Practices Hurting Consumers by J Lincoln

Appraisers Blog

I wouldn’t be surprised if the government is censoring comments that do not fit the narrative they are trying to spin about the “cartel-like monopolies” that are the appraisers and FICO and the credit bureaus. I submitted a comment, but it did not appear on the list. Maybe they are filtering through the comments and that is why there are only 30 comments that have been posted.

article thumbnail

US ammunitions battle intensifies as MNC raises bid for Vista Outdoor

Financial Times M&A

Investment firm increases offer to $3bn as proposed deal from Czechoslovak Group clears key regulatory hurdle

81
article thumbnail

Mastering Intent Data: Understanding its Importance & Best Practices

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.

article thumbnail

Unprofessional behaviors

Norman Marks

I am often annoyed by behavior that some might find acceptable or even normal, but that I see as unprofessional.

75
article thumbnail

DoorDash’s rating gives it pick of menu for cross-border deals

Financial Times M&A

Takeover talks between the US’s DoorDash and UK’s Deliveroo provide a taste of things to come

81
article thumbnail

Deliveroo shares rise after reported takeover interest from US rival

The Guardian M&A

Potential tie-up with meal-delivery firm Doordash was reportedly discussed but rejected in May Shares in the UK food delivery company Deliveroo have risen after reports that US rival Doordash held takeover talks with the business, with analysts suggesting other bidders could come forward in the coming weeks. The US meal delivery group Doordash flagged an interest in a takeover of Britain’s Deliveroo last month, but talks ended because the two sides could not agree on the value of the deal, Reute

73
article thumbnail

Alliance Trust and Witan join forces to create £5bn investment trust

Financial Times M&A

Merger is latest in a slew of industry consolidations

80
article thumbnail

Comment on CFPB Crackdown: Unfair Practices Hurting Consumers by Baggins

Appraisers Blog

In reply to J Lincoln. Thank you for providing a comment. Edited post. Looks like the comment showed up. What else can you do except tell the truth. What the amc people do not understand is although they are excited about their company and business model, appraisers are fatigued and subsequently reject the model. They’re all the same; Appraisers have to bid for every single order or there is no work.

article thumbnail

Haleon to sell non-US nicotine replacement business for £500mn

Financial Times M&A

Consumer health company spun out of GSK is focusing on higher-growth areas such as toothpaste

75
article thumbnail

The state of GCC banking: An exceptional operating environment

Mckinsey and Company

Amid a broadly favorable climate for global banking, Gulf Cooperation Council (GCC) banks enjoyed an extraordinarily successful 2023 and are poised for a strong 2024.

Banking 69
article thumbnail

Is DEI Valuable to Investors?

Reynolds Holding

In recent years, corporate diversity, equity, and inclusion (DEI) initiatives have become a hot topic in boardrooms and beyond. While many companies have embraced these efforts, investors have started to question whether DEI initiatives are truly valuable or merely a costly distraction from core business activities, as Elon Musk argued in several viral social media posts in 2024.

article thumbnail

Simply Solventless To Acquire CannMart As It Seeks To Expand Into Hydrocarbon Cannabis Concentrates

Benzinga

Simply Solventless Concentrates Ltd. (TSXV: HASH ) is acquiring Lifeist Wellness Inc.' s (TSXV: LFST ) (FRANKFURT: M5B) (OTC: LFSWF ) subsidiary CannMart Inc. What Happened The Calgary, Alberta-based company said on Wednesday that it has entered into a services agreement regarding the operations of CannMart and a share purchase agreement with Lifeist Wellness Inc. to acquire all of the shares of CannMart.

Finance 64
article thumbnail

How corporate tax departments are applying indirect tax technology

ThomsonReuters

Businesses must innovate and adapt to the changing indirect tax landscape to stay competitive. Corporate tax departments are using technology increasingly as a strategic partner to address these issues. Insight on how indirect tax departments intend to use technology to transform their operations can be found in a recent study conducted by the Thomson Reuters Institute.

article thumbnail

Sanofi Looks To Sell $20B Icy Hot Division: Likely Bidders Include Advent, PAI Partners, Blackstone, CVC

Benzinga

Sanofi SA (NASDAQ: SNY ) is calling for initial bids for its $20 billion consumer health division. The French pharmaceutical giant is also considering a potential public listing. Potential suitors must submit first-round bids by mid-July, Bloomberg reports. Advent International and France’s PAI Partners both expressed interest in acquiring the division, which includes over-the-counter products such as Phytoxil cough syrups and Icy Hot pain relief gels.

64
article thumbnail

No, Delaware Judges Aren’t “Sending Companies Packing” for Texas

John Jenkins

The Hill recently published an opinion piece by a Texas lawyer who breathlessly announced that Delaware’s “activist judges” were “sending companies packing for states like Texas.” As UCLA law professor Stephen Bainbridge points out in his blog, that’s just not the case: In total, there are almost 400,000 companies incorporated in Delaware.

53
article thumbnail

US Steel's $3 Billion Mini-Mill Sparks Stock Upgrade: What Investors Need To Know

Benzinga

United States Steel Corporation (NYSE: X ) shares are up on the optimism for its $3 billion Mini-Mill steel mill in Osceola, Arkansas. BMO Capital Markets upgraded U.S. Steel’s stock from Market Perform to Outperform on Wednesday as it expects the $3 billion plant to forge greater profits for the Pittsburgh-based steel maker. “In general, our view remains increased Mini-Mill production should translate to improved through-cycle profitability” and greater sheet forging, analyst

article thumbnail

Equipment Appraisal: Understanding the Process

GCF Value

The Process of Equipment Appraisal and Its Importance in Asset Valuation Equipment appraisal is a critical component of asset valuation, providing an objective assessment of the value of machinery and equipment. This process is essential for various purposes such as financing, insurance, sale, and purchase transactions, tax assessments, and financial reporting.

article thumbnail

Haleon To Offload Non-Core Nicotine Therapy Business To Dr. Reddy's For Over $600M

Benzinga

On Wednesday, Haleon plc (NYSE: HLN ) agreed to sell its nicotine replacement therapy business outside of the U.S. to Dr. Reddy's Laboratories SA , a wholly owned subsidiary of Dr. Reddy's Laboratories Limited (NYSE: RDY ) for 500 million pounds (around $632 million). The nicotine replacement therapy (NRT) portfolio consists of brands such as Nicotinell, Nicabate, Habitrol, and Thrive, which are available in gum, lozenge, and patch forms across over 30 markets.

article thumbnail

Investment Bank vs. Business Broker: Which Is Right for Your Business?

Scott Mashuda

Investment Bank vs. Business Broker: Which Should You Choose? When it comes to taking your established business to the next level, enhancing your capabilities, or planning for a successful transition of ownership, selecting the right advisory team is crucial. As an owner-founder or c-level executive running a mature company, understanding the key aspects of the M&A landscape can help you make informed decisions and achieve financial objectives.

Banking 52
article thumbnail

CBRE Group to Merge its Project Management Business

Benzinga

CBRE Group, Inc. (NYSE: CBRE ) recently announced its plan to combine its Project Management business with Turner & Townsend. Subject to satisfaction of regulatory and other customary conditions, as well as completion of required consultations with employee Works Councils in certain jurisdictions, the transaction is expected to close at the end of 2024.

article thumbnail

Freshfields Helps Saint-Gobain Seal $1B Deal For Dubai Biz

Law 360 M&A

Saint-Gobain said Thursday that it will buy Dubai-headquartered Fosroc for $1.025 billion in cash as it looks to boost its worldwide presence in the construction chemicals market.

article thumbnail

Why Is Vista Outdoor Stock Rising Today?

Benzinga

Vista Outdoor Inc. (NYSE: VSTO ) shares are trading higher during the premarket session on Wednesday. MNC Capital Partners, L.P. today announced it has increased its all-cash offer to acquire Vista Outdoor to $42.00 per share, or approximately $3.2 billion, representing over 40% premium to the last closing price prior to MNC’s initial offer. MNC’s revised proposal offers nearly a 25% premium over yesterday’s closing price, according to a press release.

Equity 59
article thumbnail

Investor Appeals Chancery Toss Of $2.4B SPAC Deal Suit

Law 360 M&A

A stockholder of the blank-check company that took electric vehicle company Canoo Holdings Ltd. public in March 2021 has appealed to the Delaware Supreme Court the dismissal of his proposed Delaware Court of Chancery class action challenging the $2.4 billion deal.

52