Harvard Corporate Governance

JULY 16, 2024

Posted by Spencer Kwon (Brown University), Kaspar Zimmermann (Frankfurt School of Finance & Management), and Yueran Ma (University of Chicago Booth School of Business), on Tuesday, July 16, 2024 Editor's Note: Spencer Kwon is an Assistant Professor of Economics at Brown University, Kaspar Zimmermann is an Assistant Professor of Finance at the Frankfurt School of Finance & Management, and Yueran Ma is a Professor of Finance at The University of Chicago Booth School of Business.

Finance 212

Finance Technology 212

Mckinsey and Company

JULY 16, 2024

Which technology trends matter most for companies in 2024? New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies.

Technology 145

Technology 145

Harvard Corporate Governance

JULY 16, 2024

Posted by Todd Sirras, Austin Vanbastelaer, and Justin Beck, Semler Brossy LLC, on Tuesday, July 16, 2024 Editor's Note: Todd Sirras is Managing Director, Austin Vanbastelaer is Principal, and Justin Beck is a Senior Consultant at Semler Brossy LLC. This post is based on a Semler Brossy memorandum by Mr. Sirras, Mr. Vanbastelaer, Mr. Beck, Kyle McCarthy , Nathan Grantz , and Anish Tamhaney.

170

170

Mckinsey and Company

JULY 16, 2024

Nature-related risks are impacting Africa’s natural ecosystems and economy. An enabling environment could accelerate action from Africa’s private financial sector to manage risks and opportunities.

Banking 119

Banking 119

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

Harvard Corporate Governance

JULY 16, 2024

Posted by June M. Hu and Katherine C. McCreery, Sullivan & Cromwell LLP, on Tuesday, July 16, 2024 Editor's Note: June M. Hu is Special Counsel and Katherine C. McCreery is a Summer Associate at Sullivan & Cromwell LLP. This post is based on a Sullivan & Cromwell memorandum by Ms. Hu, Ms. McCreery, Catherine M. Clarkin , Robert W. Downes, and Marc Treviño.

122

122

Mckinsey and Company

JULY 16, 2024

The aerospace and defense industry is under pressure from labor shortfalls and increasing demand. By focusing on five talent imperatives, it can unlock productivity and create value.

114

114

Mckinsey and Company

JULY 16, 2024

By addressing four persistent challenges, aerospace procurement leaders could alleviate supply shortages that are hampering operations and threatening fulfillment and growth.

99

99

Global Finance

JULY 16, 2024

Throughout its 30-year history, Converse Bank has been a trendsetter in Armenia. This began with it as the first bank since the country became independent to be set up with foreign investment – led by principal shareholder Eduardo Eurnekian, an Argentine-Armenian businessman. Being a pioneer seems to be in Converse Bank’s DNA. It has consistently applied best practices across its operations, creating business processes informed by knowledge and customer experience.

Banking 98

Banking Finance Marketability Technology 98

Law 360 M&A

JULY 16, 2024

Law360’s law firm survey shows that firms' efforts to diversify their equity partner ranks are lagging. But some have embraced a broader talent pool at the equity partner level. Here are the ones that stood out.

Equity 98

Equity 98

Mckinsey and Company

JULY 16, 2024

Budapest’s tourism is on the rise. Ten opportunities could help the city to capture its growth potential and to further improve the experience of both tourists and locals.

100

100

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

JULY 16, 2024

Shareholders of mall operator GGP Inc. who sued in 2018 to stop its $9.25 billion acquisition by Brookfield Property Partners LP got the Chancery Court's nod Tuesday to settle the litigation for $42.5 million, including an $11.4 million fee for the plaintiffs' counsel and incentive awards for three shareholder plaintiffs.

98

98

Appraisers Blog

JULY 16, 2024

Additional information received from the borrower has shed more light. This includes the AMC in question, Class Valuation, as well as a copy of the appraisal report and the “reviewer’s” checklist from Class Valuation. This documentation reveals some concerning discrepancies. Notably, while the appraiser clearly marked the property as having public water and sewer on the URAR, the reviewer inexplicably checked the box stating that per the appraiser these utilities are private and meet the minimum

Appraisal 90

Appraisal 90

Law 360 M&A

JULY 16, 2024

Law firms' ongoing initiatives to address diversity challenges have driven another year of progress, with the representation of minority attorneys continuing to improve across the board, albeit at a slower pace than in previous years. Here's our data dive into minority representation at law firms in 2023.

98

98

BVR

JULY 16, 2024

Stout has acquired Financial Research Associates Inc. (FRA) for its Valuation Advisory Group.

100

100

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

JULY 16, 2024

The ongoing antitrust intervention by state attorneys general in the proposed Kroger and Albertsons merger suggests that states are straying from a Federal Trade Commission follow-on strategy in the supermarket space, which involved joining federal investigations or lawsuits and settling for the same divestment remedies, say attorneys at Troutman Pepper.

97

97

Mckinsey and Company

JULY 16, 2024

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.

78

78

Law 360 M&A

JULY 16, 2024

Kroger and Albertsons are getting a limited respite from the Federal Trade Commission's looming in-house merger challenge after an agency administrative law judge agreed to delay the case, but only until immediately after an Oregon federal court fight plays out.

96

96

Mckinsey and Company

JULY 16, 2024

Electrification of industrial heat production is increasingly within reach, offering new possibilities for the global energy transition.

86

86

N Contracts

JULY 16, 2024

From supervisory priorities and speeches to enforcement actions, the banking regulatory agencies haven’t been shy about their emphasis on fair lending enforcement. Now they are letting us know the results of those efforts: a 175% increase in referrals to the Department of Justice for Equal Credit Opportunity Act (ECOA) violations since 2020.

Banking 76

Banking Compliance 76

JPAbusiness

JULY 16, 2024

When business owners come to see us, wanting to sell their business, we often get involved in providing what we term ‘ vendor due diligence’. When conducting vendor due diligence for clients, our role is basically to ‘pretend’ we are the buyer. We look at a range of business health factors including: financial performance business performance staff and organisational aspects contracts, systems and suppliers how the business creates and drives value in terms of its point of difference in the mark

Marketability 71

Marketability 71

The Guardian M&A

JULY 16, 2024

CMA ‘has enough evidence’ to start full probe into tech giant’s hiring of Inflection’s top staff The Competition and Markets Authority (CMA) has launched a full investigation into Microsoft’s deal with AI startup Inflection. Earlier this year, Mustafa Suleyman – who started Inflection in January 2022, two months after leaving Google – and a number of his colleagues were hired by Microsoft to lead the tech company’s new AI division.

Marketability 73

Marketability Mergers & Acquisitions Technology 73

Benzinga

JULY 16, 2024

ConocoPhillips (NYSE: COP ), a U.S.-based exploration and production player, has received a second request from the U.S. Federal Trade Commission ("FTC") for further information on its proposed merger with Marathon Oil Corporation (NYSE: MRO ). ConocoPhillips had announced the acquisition in May 2024 in an all-stock transaction worth $22.5 billion.

Marketability 59

Marketability 59

Financial Times M&A

JULY 16, 2024

Deal would be rare bright spot for investors who have struggled to return money to their backers in recent years

93

93

Benzinga

JULY 16, 2024

Blackstone Inc. (NYSE: BX ) shares are trading higher on Tuesday. The company disclosed that private equity funds affiliated with Blackstone entered into a definitive agreement to acquire Trystar, a premier provider of electrical equipment used for backup power solutions. According to Benzinga Pro , BX stock has gained over 30% in the past year. In another development, Blackstone and CVC Capital Partners Plc are among the private equity firms considering bids for StandardAero , potentially valui

Private Equity Firm 59

Private Equity Firm Equity Marketability 59

Law 360 M&A

JULY 16, 2024

Allianz SE said on Wednesday it has made an all-cash offer to buy a majority stake in Singapore-based insurer Income Insurance Ltd. for 2.2 billion Singapore dollars ($1.64 billion), as the German financial services company seeks to expand its presence in Asia.

52

52

ThomsonReuters

JULY 16, 2024

Jump to: What are the hidden costs of inefficient data collection? 3 practical steps to improve data collection processes What are the benefits of streamlined data collection? Tips for training staff Are you ready to stop chasing client data? If you’re an accountant, you know that time is money. However, many accounting firms find themselves caught in a continuous chase for client data.

Accounting Firms 52

Accounting Firms Technology 52

Law 360 M&A

JULY 16, 2024

Masimo Corp. has hit the activist investment firm Politan Capital Management LP and its top brass with a lawsuit in California federal court, accusing the hedge fund of violating securities laws by trying to gain control of Masimo through a proxy contest that duped Masimo shareholders using "lies and deceit.

52

52

Benzinga

JULY 16, 2024

Post Holdings, Inc. (NYSE: POST ) has shown impressive performance lately, with shares gaining 20.9% year to date, marking a significant contrast to the industry's decline of 4.9%. The leading consumer-packaged goods company has adeptly managed pricing strategies to mitigate the impact of inflationary pressures, particularly sugar and labor costs.

Marketability 52

Marketability 52

Law 360 M&A

JULY 16, 2024

Benefit fund shareholders of biotech giant Illumina Inc. won a Delaware Court of Chancery order on Tuesday for a rare, limited release of legal advice documents on Illumina's merger agreement with cancer-testing firm Grail Inc., a deal that has cost the company billions in fines and lost value.

52

52

Benzinga

JULY 16, 2024

Apollo Global Management, Inc. (NYSE: APO ) shares are trading higher today. The company entered into a definitive agreement to acquire The Travel Corporation (TTC) for an undisclosed amount. The transaction includes 18 leading brands, such as Trafalgar, Uniworld Boutique River Cruises, Contiki, Insight Vacations, and other global travel brands and supporting business entities.

Equity 52

Equity 52

Law 360 M&A

JULY 16, 2024

In an era where shareholder activism is on the rise, companies must identify weaknesses, clearly communicate strategies, update board composition and engage with shareholders consistently in order to avoid disruptive shareholder activism and safeguard the interests of both the company and its shareholders, say J.T. Ho at Orrick and Greg Taxin at Spotlight Advisors.

52

52

Class VI Partner

JULY 16, 2024

To start the year, Class VI issued our 2024 Middle Market M&A Outlook. We reported an overall decline in deal flow and quality over 2023 alongside optimism about increased dealmaking to come this year.How have these expectations shared by private equity and institutional investors fared in the marketplace?

Equity 52

Equity Marketability 52

Law 360 M&A

JULY 16, 2024

The U.K.'s antitrust enforcer launched a formal merger inquiry on Tuesday into Microsoft Corp.'s relationship with Inflection AI after asking for public input earlier this year on several artificial intelligence investments made by Microsoft and Amazon.

52

52

ThomsonReuters

JULY 16, 2024

On June 25, 2024, Jonathan A. Siegel, Principal at Jackson Lewis Orange County, delivered a presentation at the annual Society for Human Resource Management (SHRM) conference in Chicago, providing valuable insights into the latest developments in labor and employment law in California. The presentation covered numerous recent and upcoming legal updates affecting California employers in 2024 through 2025, including reforms to PAGA litigation, increased wage theft enforcement, paid sick leave poli

Compliance 52

Compliance Start-ups 52