Tue.Jun 25, 2024

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ESG Engagements in 2024

Harvard Corporate Governance

Posted by Rebecca Sherratt, Miles Rogerson, and Will Arnot, Diligent Market Intelligence, on Tuesday, June 25, 2024 Editor's Note: Rebecca Sherratt is a Publications Editor, Miles Rogerson is a Financial Journalist, and Will Arnot is a Senior Editorial Specialist at Diligent Market Intelligence (DMI). This post is based on a Diligent memorandum by Ms.

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Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian

NYT M&A

VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.

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The Chamber and NCPPR file brief challenging SEC climate disclosure rule

Harvard Corporate Governance

Posted by Cydney Posner, Cooley LLP, on Tuesday, June 25, 2024 Editor's Note: Cydney Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. As you probably recall, in March 6, the SEC adopted final rules “to enhance and standardize climate-related disclosures by public companies and in public offerings.” (See this PubCo post , this PubCo post , this PubCo post , and this PubCo post.

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Help wanted: Charting the challenge of tight labor markets in advanced economies

Mckinsey and Company

For almost two decades, labor markets across advanced economies have tightened—and the trend is set to continue. This article provides a data-driven look via charts to understand the implications.

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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.

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After A Brief Hiccup, The 'Rocket Docket' Soars Back To No. 1

Law 360 M&A

The Eastern District of Virginia’s precipitous 2022 fall from its storied rocket docket status appears to have been a temporary aberration, as recent statistics reveal that the court is once again back on top as the fastest federal civil trial court in the nation, says Robert Tata at Hunton.

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Building a superpower: What can we learn from the Magnificent Seven?

Mckinsey and Company

A distinctive capability can lift a company’s performance. But it’s not easy to build one. Here’s a guide to how today’s stock market favorites have created enduring competitive advantages.

More Trending

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The promise of generative AI for credit customer assistance

Mckinsey and Company

Generative AI can enhance knowledge of the credit customer journey and lead to improved outcomes.

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What does the NSW budget mean for your business?

JPAbusiness

Last week, the NSW Government handed down its 2024 budget. And while we’re set to remain in deficit for the next four years, it’s not all doom and gloom for business. Additional investment in infrastructure and housing, particularly in Western Sydney, brings opportunities for business to leverage the stimulated construction projects, while funding allocated to small business growth and workforce development will help build capacity, enabling businesses to upskill and respond to market demands.

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The state of US women’s heart health: A path to improved health and financial outcomes

Mckinsey and Company

Closing the cardiovascular-disease gap between men and women could help women regain 1.6 million years of life lost because of poor health and early death, and boost the US economy by $28 billion annually by 2040.

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Comment on Automatic Review of Photos in Appraisal Reports by Baggins

Appraisers Blog

There is an over abundance of technologies to measure and manage loan risk already in existence. Fannie ‘method and system for evaluating a loan’ Long lists of associated patents. If the programs are functioning as intended why do they need more of them? FirstAM, freddie, fannie, corelogic. [link] [link] [link] [link] [link] [link] GLB privacy regulations?

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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

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Boeing Is Said to Offer Stock to Buy Spirit, Preserving Cash Amid Struggles

NYT M&A

The plane maker is expected to soon strike a deal to acquire most of the operations of Spirit AeroSystems, a troubled supplier that makes the bodies of the 737 Max.

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Comment on Automatic Review of Photos in Appraisal Reports by Baggins

Appraisers Blog

In reply to PJTC. Thanks. I called and asked about technical specs today. Apparently in the xml pdf conversion process all photos are sized down anyways, so that may not really mean anything. I was looking and all my photos are 2mb, yet even with a hundred of them in there, the pdf total report size is only 6-10 mb anyways. Probably would not change anything.

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LVMH’s Bernard Arnault emerges as personal stakeholder in Richemont

Financial Times M&A

Investment could revive speculation about takeover scenarios among world’s biggest luxury groups

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Comment on Automatic Review of Photos in Appraisal Reports by PJTC

Appraisers Blog

The statements in your appraisal reports about the actual component material, & its quality & current condition, can be challenged by AI.

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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.

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Brookfield Seals The Deal: Snags Major Stake In French Powerhouse Neoen

Benzinga

Brookfield Asset Management Ltd. (NYSE: BAM ) disclosed signing a share purchase agreement for a majority stake in France’s Neoen. This transaction, known as the “Block Acquisition,” was signed after Neoen completed its works council information and consultation process. As announced earlier , Brookfield’s offer implies an equity value of 100% of the shares of EUR 6.1 billion.

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The McKinsey Crossword: Penultimate Puzzle | No. 186

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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Blackstone switches to ‘best and final’ offer for Hipgnosis

Financial Times M&A

US private equity group moves to stop hedge funds with stakes in music rights owner from pushing for higher price

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Troutman Pepper Gets Restructuring Pro From Sidley Austin

Law 360 M&A

Troutman Pepper Hamilton Sanders LLP has hired a seasoned attorney for its finance and restructuring practice who previously worked at Sidley Austin LLP for more than 20 years.

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FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 05/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – Europe 05/2024”. The Monitor is a monthly published overview of venture capital trends in the. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 05/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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Disney Must Face Trimmed ESPN Streaming Fee Antitrust Suit

Law 360 M&A

A California federal judge on Tuesday threw out some antitrust claims in a sprawling proposed class action over Disney's ESPN livestreaming carriage agreements, although he permitted other portions of the suit to proceed, finding that consumers have adequately alleged Disney's actions could have hobbled competition.

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Aerospace Industry Faces More Downgrades, But Recovery Expected, Says Analyst

Benzinga

Stifel analyst Bert W. Subin expressed his view on The Boeing Company’s (NYSE: BA ) reported proposition to acquire Spirit Aerosystems Holdings, Inc. (NYSE: SPR ) in a deal valuing the company at approximately $35 per share. Subin says that if confirmed, the buyout aligns with their expectation that Boeing would aim to offer a price reflecting a reasonable premium compared to Spirit’s pre-announcement trading level (estimated around 20%, which would represent approximately 22%).

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Chancery Tentatively OKs $15.5M Lordstown SPAC Suit Deal

Law 360 M&A

A $15.5 million class settlement for a stockholder suit that challenged the special-purpose acquisition company deal that took Lordstown Motors Inc. public won tentative Delaware Court of Chancery approval Tuesday, conditioned on confirmation of one expense claim.

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Navigating Uncertainty: Top Strategies for CEOs in the Lower Middle Market

Rhythm Systems

Navigate uncertainty in the lower middle market with top strategies for CEOs. Learn how to redefine success, seek candid advice, prioritize execution, leverage proven practices, and invest in executive coaching for success.

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Sarissa Capital, Founder Settle Bioverativ Suit In Del. For $40M

Law 360 M&A

Remaining parties in a Delaware Court of Chancery class action over the $11.6 billion sale of biotech venture Bioverativ Inc. to Sanofi Inc. in 2018 have agreed to settle their outstanding claims for $40 million in cash, according to a stipulation filed with the court Tuesday.

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FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 05/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 05/2024”. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 05/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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SEC Accuses Ex-CEOs Of Duping Market In $138M Offering

Law 360 M&A

The U.S. Securities and Exchange Commission on Tuesday reached a $1 million deal with a company allegedly involved in a market manipulation scheme and also brought claims against the two former CEOs who allegedly led the scheme, which fraudulently raised $137.5 million from investors, according to the regulator.

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The mystery trader and the Morgan Stanley probe

Financial Times M&A

Plus, the Spanish banking takeover battle in uncharted territory and Blackstone tries to fend off hedge funds pushing for a higher Hipgnosis bid

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Rocket Co. Shareholders Sue For Info On Take-Private Deal

Law 360 M&A

Two Astra Space Inc. shareholders sued the satellite launch company seeking records concerning a take-private deal that has valued company stock at a discount, voicing suspicions that the merger was approved to squeeze out minority shareholders.

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How Board Consultants Can Affect Corporate Governance and the Business Judgment Rule

Reynolds Holding

In recent years, boards of directors have confronted a strategic dilemma: whether to appoint specialized directors or engage external consultants to advise them on various aspects of their business. This decision has significant implications for a board’s accountability, the application of the business judgment rule, and the protection of shareholder interests.

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6 Tips For Maximizing After-Tax Returns In Private M&A Deals

Law 360 M&A

With potential tax legislation likely to spur a surge in private business sales, sellers can make the most of after-tax proceeds with strategies that include price allocation and qualified investment options, say Isaac Grossman and Daniel Studin at Morrison Cohen.

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Sullivan & Cromwell Discusses Preliminary Injunction on Colorado Interest-Rate Cap on Out-of-State Banks

Reynolds Holding

On June 19, 2024, the U.S. District Court for the District of Colorado preliminarily enjoined the enforcement of a Colorado law that would have applied Colorado interest-rates caps to loans made by state-chartered banks—including banks located outside of Colorado—to Colorado consumers for certain credit products. The ruling, which decided an issue of first impression, specifically prevents Colorado from applying its interest-rate caps to state-chartered banks that are located and perform key loa

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The Current State Of Healthcare Transaction Reviews In Calif.

Law 360 M&A

As of April, certain healthcare transactions in California have been subject to additional notification compliance requirements, and complying with these new rules could significantly delay and discourage some deals, says Andrew Demetriou at Husch Blackwell.

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Benchmark's Tyler Gonska And Emilia Muniz Recognized By The 15th Annual Emerging Leaders Awards

Benchmark Report

Two of Benchmark International's team members have been selected as winners in the 15th Annual Emerging Leaders Awards on behalf of The M&A Advisor. Heartfelt congratulations go out to our very own Tyler Gonska and Emilia Muniz. Tyler is an Associate Director in our Nashville, Tennessee office, and Emilia is a Senior Deal Associate in our Austin, Texas office.

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Reed Smith, Willkie Lead PE Firm's Investment In Music Biz

Law 360 M&A

Music and entertainment company Create Music Group, advised by Willkie Farr & Gallagher LLP, on Tuesday announced that it banked a $165 million minority investment led by Reed Smith LLP-advised private equity shop Flexpoint Ford.

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