Tue.Nov 12, 2024

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Strategies to Overcome a Low Business Valuation

Peak Business Valuation

Obtaining a business valuation is an important step to success whether you are buying , growing , or selling a business. As part of a business valuation, a valuation expert uses proven methods to determine the true value of a company. This information allows you to make strategic decisions to maximize the value of your business. However, it is not uncommon for a business appraisal to come back lower than expected.

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A proactive approach to navigating geopolitics is essential to thrive

Mckinsey and Company

Business leaders must go beyond mitigating geopolitical risks to seizing the opportunities presented by the new world order. Here’s how.

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Wall Street bankers on course for up to 35% bonus bump

Financial Times M&A

Debt bankers forecast to make biggest gains as finance industry recovers from two-year lull

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Improving organizational health in the public sector: Achieving tangible impact

Mckinsey and Company

Governments often face more constraints in meeting their objectives than most private sector companies do. Adopting practices that enhance organizational health can help.

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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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Elliott Reveals $5B Honeywell Holding, Calls For Change

Law 360 M&A

Elliott Investment Management LP said Tuesday it has amassed a $5 billion stake in Honeywell International Inc. as the firm pushed the industrial conglomerate to separate itself into two independent companies.

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Elevating the risk function in insurance: Building a strategic advantage

Mckinsey and Company

Today’s rapidly developing risk landscape demands a new, more nimble approach for insurance companies to assess and respond to risks, a function inherently in their DNA.

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More Trending

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The McKinsey Crossword: Avian Similes | No. 206

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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BBVA bid for Sabadell dealt blow by antitrust watchdog

Financial Times M&A

Spain’s CNMC will submit €11bn hostile takeover to a more rigorous ‘phase 2’ review

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Uniting organizations with next-generation operational excellence

Mckinsey and Company

Next-generation operational excellence starts with lean principles, investing in people, and using technology for collaboration. McKinsey senior partners Kimberly Borden and Mike Perkins describe how.

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7-Eleven starts talks with ACT on $47bn takeover bid as ‘white knight’ emerges

Financial Times M&A

Japanese convenience store operator receives rival buyout offer from members of founding family

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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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Exit Strategies Group Advises Afineol in Sale to ITS

Exit Strategy

Exit Strategies Group recently served as financial advisor to the owners of Afineol IT Consulting, a Sacramento area-based managed IT service provider (MSP), on their sale to Intelligent Technical Solutions (ITS), a Tower Arch Capital portfolio company. The acquisition strengthens ITS geographic footprint and technical leadership position in the Sacramento region.

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Nissan shares surge after activist investor takes stake

Financial Times M&A

Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companies

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New guidance on long-term, part-time employee eligibility for 403(b) plans

LaPorte

(authored by RSM US LLP) New guidance on 403(b) plans clarifies rules for long-term, part-time employee inclusion and nondiscrimination compliance. The post New guidance on long-term, part-time employee eligibility for 403(b) plans first appeared on LaPorte.

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3 Firms Guide Rare Canadian IPO Eyed By Groupe Dynamite

Law 360 M&A

Canadian women's clothing retailer Groupe Dynamite Inc. has launched plans for an estimated C$300 million ($215 million) initial public offering, marking a rare Canadian listing under guidance from three law firms.

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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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Compliance for Mortgage Companies: How to Avoid Top Violations

N Contracts

Mortgage companies aren’t immune to compliance violations. While they may not have as much regulatory oversight as depository institutions, they are still required to comply with many state and federal laws – and the cost of violating these laws can be steep.

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Shuttered NHL Talent Rep Appeals Asset Freeze To 1st Circ.

Law 360 M&A

The owner of a now-defunct talent agency that represented professional hockey players is asking the First Circuit to overturn a ruling that froze his assets while a suit from a rival Finland-based management company proceeds in Massachusetts federal court.

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Vestd breaks the mould with cost-effective funding rounds

Vested

To kick-start the next generation of startups, Vestd has introduced ‘InVestd Raise’ - a package that helps companies attract and manage investment rounds, totally transforming what is typically, a very expensive process.

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Hertz Urges Chancery To Toss Investors' Stock Warrant Suit

Law 360 M&A

An attorney for two Hertz Inc. institutional investors told a Delaware judge Monday that the vehicle rental giant relied on an impermissible reinterpretation of a warrant agreement to reject a redemption demand purportedly triggered by the company's post Chapter 11 recapitalization.

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FCF Bank Monitor – Q3 2024 published

Fox Corporate Finance

On a biannual basis, FCF publishes its FCF Bank-Monitor. The FCF Bank-Monitor is a research report, based on publicly available data, on the most active and largest 22 banking institutions addressing the German and Austrian. Read more The post FCF Bank Monitor – Q3 2024 published appeared first on FCF Fox Corporate Finance GmbH.

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Tempur Sealy Merger 'Surprisingly Bold,' Competitor Testifies

Law 360 M&A

The CEO of a Utah-based mattress company told a Houston federal judge Tuesday that Tempur Sealy's proposed remedies under its $4 billion planned Mattress Firm purchase were "surprisingly bold" as the Federal Trade Commission began its case in opposition of the merger.

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White & Case Discusses Lessons from DOJ’s First Money Laundering Plea

Reynolds Holding

On October 10, TD Bank pleaded guilty to violations of the Bank Secrecy Act and conspiracy to commit money laundering. The plea agreement outlines the facts that led to the charges and the consequences the Bank and its parent company will face, including a historic $3 billion in fines, asset caps, limits on the Bank’s ability to expand and significant remediation measures.

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Cardinal Health, Endeavor Group Top Veterans Day M&A Deals

Law 360 M&A

While banks and federal offices were closed on Monday for Veterans Day, some companies were busy at work announcing various M&A transactions, including Cardinal Health's plan to pay a total of $3.9 billion to acquire two separate companies and Endeavor Group's sale of OpenBet and IMG Arena for $450 million.

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Brookfield and Segro to split Tritax EuroBox in €470mn deal

Financial Times M&A

Canadian asset manager agrees to sell warehouse assets after triumphing in takeover bid

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Proskauer Brings On NY Corporate Duo From Ropes & Gray

Law 360 M&A

Proskauer Rose LLP has added two new corporate lawyers to its New York office, saying the former Ropes & Gray LLP pair's experience with distressed and special situations will be an asset to Proskauer's mergers and acquisitions team.

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Prestige Wealth Inc. Announces Acquisition of Tokyo Bay

Benzinga

HONG KONG, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Prestige Wealth Inc. (NASDAQ: PWM ) ("PWM", or the "Company"), a wealth management and asset management services provider based in Hong Kong, today announced that, on November 12, 2024, it entered into a definitive acquisition agreement pursuant to which PWM will purchase all shares of Tokyo Bay Management Inc.

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DOJ Suing To Block UnitedHealth Unit's $3.3B Amedisys Deal

Law 360 M&A

The U.S. Department of Justice and four U.S. states filed a lawsuit Tuesday seeking to block UnitedHealth Group's Optum unit from going through with its planned $3.3 billion purchase of Amedisys Inc., arguing the deal will harm competition in the home health and hospice services.

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Galaxy Gaming® Stockholders Approve Acquisition by Evolution

Benzinga

LAS VEGAS, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc.® ("Galaxy Gaming" or the "Company") (OTC: GLXZ ), the world's largest independent developer and distributor of casino table games and technology announced today that, at a special meeting of its stockholders held on November 12, 2024 (the "Special Meeting"), Galaxy Gaming stockholders voted to approve the Company's acquisition by Evolution Malta Holding Limited ("Evolution"), Evolution AB (publ)'s wholly owned s

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Morgan Lewis M&A Pro Jumps To Baker Botts In Palo Alto

Law 360 M&A

Baker Botts LLP has hired an attorney who previously worked at Morgan Lewis & Bockius LLP, Winston & Strawn LLP and other firms to bolster its mergers and acquisitions practice on the West Coast.

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CMG Announces the Acquisition of Sharp Reflections GmbH

Benzinga

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. ("CMG" or the "Company") (TSX: CMG ) is pleased to announce the acquisition by a wholly-owned subsidiary of CMG of all of the shares of Sharp Reflections GmbH ("Sharp"), a seismic processing and interpretation platform for geophysicists and quantitative interpreters. Sharp has been a pioneer in leveraging high-performance computing in the cloud, setting a new standard on how to effectively handle massive prestack s

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Arthur Cox-Led Kerry Group To Sell Dairy Biz For €500M

Law 360 M&A

Food flavorings business Kerry Group said Tuesday that it has agreed to sell its dairy foods subsidiary Kerry Dairy Ireland to its affiliate Co-Op for €500 million ($530 million) in a deal guided by Arthur Cox LLP and McCann FitzGerald LLP.

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Del. Supreme Affirms Chancery Ruling that Seller Must Pay Buyer 2x Purchase Price

John Jenkins

On Friday, in a half-page decision following briefs and oral argument, the Delaware Supreme Court affirmed the Chancery Court’s February ruling confirming an arbitration award in a post-closing purchase price adjustment dispute with a surprising — and scary — result. We blogged about the Chancery Court’s decision in SM Buyer LLC v.

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Brookfield To Sell German, Dutch Assets Of Tritax To Segro

Law 360 M&A

British real estate investment trust Segro said Tuesday that it had reached a deal with Brookfield to buy parts of Tritax EuroBox PLC after Brookfield completes a £557 million ($728 million) proposed acquisition of Tritax, a logistics property investor.

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Elliott’s $164bn corporate break-up target

Financial Times M&A

Plus, an activist takes a stake in Nissan and the $20bn Verizon-Frontier deal goes down to the wire

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Thunder Bridge Capital Partners IV, Inc. Announces Effectiveness of Registration Statement and Special Meeting Date for Proposed Business Combination with Coincheck, Inc.

Benzinga

Stockholder Meeting of Thunder Bridge Capital Partners IV, Inc. Scheduled for December 5, 2024 To View the Meeting Documents, Please Visit [link] For Any Questions Regarding the Special Meeting or How to Vote Your Shares You May Call Sodali & Co, Thunder Bridge Capital Partners IV, Inc.'s Proxy Solicitor, at (800) 662-5200 (Toll Free); (203) 658-9400 (Collect) or e-mail at THCP.info@investor.sodali.com Great Falls, Va. and Tokyo, Japan, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Coincheck, Inc

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