April, 2024

article thumbnail

Kroger, Albertsons Say FTC Distorts Markets In Merger Case

Law 360 M&A

Kroger and Albertsons told an Oregon federal court to reject a pending merger challenge by the Federal Trade Commission and a group of states, saying it distorts the competitive landscape for the grocery and labor markets.

article thumbnail

Women in the boardroom

Harvard Corporate Governance

Posted by Kevin Tracey, Karen Edelman, and Karen Bowman, Deloitte Touche Tohmatsu Limited, on Wednesday, April 3, 2024 Editor's Note: Kevin Tracey is Leader of the Global Boardroom Program, Karen Edelman is Senior Editor, and Karen Bowman is US Automotive Leader, Global CXO Program Leader, and Member of the Board of Directors at Deloitte Touche Tohmatsu Limited.

334
334
Insiders

Sign Up for our Newsletter

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

article thumbnail

Steady progress in approaching the quantum advantage

Mckinsey and Company

Quantum technology could create value worth trillions of dollars within the next decade. The third annual Quantum Technology Monitor synthesizes the latest opportunities in this burgeoning field.

article thumbnail

Saudi Arabia Near Deal For Stake In Gold, Copper Mine Project In Pakistan's Troubled Province

Benzinga

Saudi Arabia's Manara Minerals is reportedly in advanced talks to acquire a minority stake in Pakistan’s Reko Diq gold and copper mine project. The project, located in the commodity-rich province of Balochistan , is on track to start production by 2028. According to Bloomberg and the state-run Radio Pakistan, the official announcement could come within a few weeks.

Start-ups 134
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

‘Thunder Run’: Behind Lawmakers’ Secretive Push to Pass the TikTok Bill

NYT M&A

A tiny group of lawmakers huddled in private about a year ago, aiming to keep the discussions away from TikTok lobbyists while bulletproofing a bill that could ban the app.

article thumbnail

Benchmark International Successfully Facilitated The Transaction Between Bitco Telecoms (Pty) Ltd To Link Africa Holdings (Pty) Ltd

Benchmark Report

Benchmark International is pleased to announce the successful sale of BitCo Telecoms, a leading provider of business wireless and voice over IP solutions, to Link Africa, one of the leading cost-effective independent fibre network operators in South Africa

104
104

More Trending

article thumbnail

Climate Action 100+ Departures Put Proxy Voting in the Spotlight

Harvard Corporate Governance

Posted by Lindsey Stewart, Morningstar, Inc, on Sunday, April 28, 2024 Editor's Note: Lindsey Stewart is Director of Investment Stewardship Research at Morningstar, Inc. This post is based on a Morningstar memorandum by Mr. Stewart and River Meng. Key Takeaways Manager Exits Grab Headlines Ahead of Proxy Season Five US asset managers recently decided to exit or amend their participation in the Climate Action 100+ engagement initiative.

276
276
article thumbnail

Why strategists should embrace imperfection

Mckinsey and Company

In a world of rapid change, looking for certainty can obscure opportunity. Taking smaller yet bold steps provides a more sure-footed path through uncertainty.

article thumbnail

Curaleaf Boosts International Presence With Another Cannabis Acquisition

Benzinga

Cannabis giant Curaleaf Holdings, Inc. (TSX: CURA ) (OTCQX: CURLF ) is closing its previously announced acquisition of Northern Green Canada, a vertically integrated Canadian licensed cannabis producer focused primarily on expanding in the international market through its EU-GMP certification. Terms of the acquisition of NGC include an initial payment at closing of the company’s subordinate voting shares valued at approximately $16 million, subject to a typical post-closing adjustment.

article thumbnail

Sony in Talks to Join a Bid to Buy Paramount

NYT M&A

The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.

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

The Ohtani scandal: A look into the IRS investigation

ThomsonReuters

Jump to: The allegations The IRS investigation Ohtani’s response Implications for Ohtani and the Dodgers Broader impact on professional sports Uncovering the truth The Internal Revenue Service (IRS) launched an investigation into the financial scandal involving Shohei Ohtani, the star player for the Los Angeles Dodgers. The probe centers around Ohtani’s former interpreter, Ippei Mizuhara, who has been accused of illegal sports gambling and significant financial theft.

Banking 105
article thumbnail

Law360 Reveals Titans Of The Plaintiffs Bar

Law 360 M&A

In the past year, plaintiffs have won settlements and judgments for millions and billions of dollars from companies such as Wells Fargo, Goldman Sachs, Facebook and Fox News, with many high-profile cases finally wrapping up after years of fighting. Such cases — involving over-the-top compensation packages, chemical contamination, gender discrimination and data mining — were led by attorneys whose accomplishments earned them recognition as Law360's Titans of the Plaintiffs Bar for 2024.

98
article thumbnail

Comparing the SEC Climate Rules to California, EU and ISSB Disclosure Frameworks

Harvard Corporate Governance

Posted by Emma Bichet, Michael Mencher, Beth Sasfai, Cooley LLP, on Monday, April 15, 2024 Editor's Note: Emma Bichet and Michael Mencher are Special Counsels and Beth Sasfai is a Partner at Cooley LLP. This post is based on a Cooley memorandum by Ms. Bichet, Mr. Mencher, Ms. Sasfai, Jack Eastwood , and Charlotte Yin. The Securities and Exchange Commission (SEC) adopted its long-awaited climate disclosure rules on March 6, 2024.

article thumbnail

Global Economics Intelligence executive summary, March 2024

Mckinsey and Company

Consumption continues to be resilient, except in Europe; central banks hold interest rates steady due to ongoing inflation risk; business survey respondents show increased confidence in economy.

Banking 130
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

MariMed Is On A Roll: Partners With Two Iconic Music Venues In Boston, Acquires Another Illinois Cannabis Dispensary

Benzinga

Multi-state marijuana operator MariMed Inc. (CSE: MRMD ) (OTCQX: MRMD ) has closed the acquisition of Allgreens Dispensary, LLC on Tuesday, April 9, its fifth dispensary in Illinois. The Massachusetts-based company said the green light from the Illinois Department of Financial & Professional Regulation for the acquisition allows MariMed to fully consolidate the financial results of the company's Thrive-branded dispensary in Casey, Illinois.

115
115
article thumbnail

Biden Signs TikTok Ban Bill Into Law. Here’s What Happens Next.

NYT M&A

President Biden has signed the bill to force a sale of the video app or ban it. Now the law faces court challenges, a shortage of qualified buyers and Beijing’s hostility.

article thumbnail

TPRM 101: What is Vendor Monitoring for Financial Institutions?

N Contracts

Vendors make promises. They say they’ll comply with applicable laws and regulations and that their security controls are impenetrable. They swear they’ll never violate the terms of their contract. But is that really what’s going to happen?

99
article thumbnail

Ex-BP Manager Charged With TravelCenters Insider Trading

Law 360 M&A

A former senior manager at BP PLC on Friday became the second person accused by the U.S. Department of Justice and the U.S. Securities and Exchange Commission of engaging in insider trading over the British oil and gas company's $1.3 billion planned acquisition of TravelCenters of America Inc.

98
article thumbnail

“ES” Versus “G” in Corporate Governance: You Can’t Have It All

Harvard Corporate Governance

Posted by Patrick Corrigan (University of Notre Dame), on Tuesday, April 23, 2024 Editor's Note: Patrick Corrigan is an Associate Professor of Law at the University of Notre Dame Law School. This post is based on his working paper. The environmental, social, and governance (ESG) moniker implies a coherence between corporate social responsibility and corporate governance.

258
258
article thumbnail

Consumers rule: Driving healthcare growth with a consumer-led strategy

Mckinsey and Company

Consumers are increasingly discerning about where, how, and from whom they receive healthcare. Healthcare can learn from other industries how to provide an optimal end-to-end consumer experience.

132
132
article thumbnail

Copper Is A Hot Commodity: Bidding War for Anglo American May Emerge After BHP's 'Low Ball' Offer — 'Let The Games Begin'

Benzinga

Australian multinational miner BHP Group 's (NYSE: BHP ) nearly $40 billion bid for rival Anglo American (OTC: NGLOY) may not be enough to acquire the company as other diversified miners will probably make rival bids amid the global scramble for copper assets. After completing a $6.4 billion takeover of Australian copper producer OZ Minerals last year, BHP is doubling down on the red metal amid widespread expectations that demand will greatly increase in coming years as the global economy t

article thumbnail

In Silicon Valley, You Can Be Worth Billions and It’s Not Enough

NYT M&A

Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.

Start-ups 119
article thumbnail

Comment on Leaving the Appraisal Profession by Flash

Appraisers Blog

In reply to Commercial Appraiser. Most Commercial Appraisers I know hardly ever use government approved appraisal forms. Their reports are Narrative Reports created and written reports. So where are the technological advancement and invocation in Commercial Appraisal work other than a digital measuring device verses a measuring tape that I still use today to meet ANSI Standards?

article thumbnail

Catching Up With Delaware's Chancery Court

Law 360 M&A

A multi-billion dollar Tesla trust proposal, a Truth Social bond, power plays over Prince's estate, and three in the ring for World Wrestling Entertainment: all of this and much more came up in Delaware Chancery Court dockets last week.

96
article thumbnail

Cybersecurity, audit, and the board: How does board oversight impact cybersecurity performance?

Harvard Corporate Governance

Posted by Edna Twumwaa Frimpong and Dottie Schindlinger, Diligent Institute, and Derek Vadala, Bitsight, on Tuesday, April 16, 2024 Editor's Note: Edna Twumwaa Frimpong is Director of International Research and Dottie Schindlinger is Executive Director at Diligent Institute; and Derek Vadala is Chief Risk Officer at Bitsight. This post is based on a recent report by Ms.

247
247
article thumbnail

What is top of mind for dairy executives in 2024?

Mckinsey and Company

How will the US dairy industry evolve in response to growing concerns about sustainability and other issues? We conducted our sixth annual survey of dairy executives to find out.

126
126
article thumbnail

EXCLUSIVE: Why This Uranium Bull Market Is Different — 'We've Really Got To Start Developing Mines,' Says Madison Metals CEO

Benzinga

Uranium prices have more support now than they did when the nuclear fuel hit its all-time high in 2007, according to the chief executive of uranium explorer Madison Metals Inc. (OTC: MMTLF ). Back then, when uranium reached a record high above $130 per pound, physical supply was tight because of flooding at two major mines, falling recoveries from old nuclear warheads, expectations of a nuclear renaissance and the launch of uranium futures in New York.

article thumbnail

A TikTok Divestiture Is Long Overdue

NYT M&A

With its TikTok bill, Congress sent message to the world: You cannot disregard basic internet norms and expect to be treated like any other country.

article thumbnail

Comment on Leaving the Appraisal Profession by Commercial Appraiser

Appraisers Blog

While I respect your perspective, it’s disheartening to see the challenges faced by seasoned appraisers. The evolution of the industry does present hurdles, but it also offers opportunities for adaptation and growth. Embracing technological advancements and continuous learning might help in navigating these changes. Remember, every profession evolves; it’s about finding a balance between tradition and innovation.

article thumbnail

Deals Rumor Mill: Paramount, Salesforce, ShipBob

Law 360 M&A

Sony and Apollo Global Management may make a joint bid for Paramount Global, Salesforce Inc. has abandoned its effort to potentially buy data-management software company Informatica, and e-commerce fulfillment service provider ShipBob Inc. is readying an IPO. Here, Law360 breaks down these and other notable deal rumors from the past week.

98
article thumbnail

The Limits of Individual Prosecutions in Deterring Corporate Fraud

Harvard Corporate Governance

Posted by Samuel Buell (Duke University School of Law), on Wednesday, April 24, 2024 Editor's Note: Samuel Bell is Bernard M. Fishman Distinguished Professor of Law at the Duke University School of Law. This post is based on his article forthcoming in the Wake Forest Law Review. One must search long and hard to find an academic, journalist, politician, or citizen who does not believe that the best tool for deterring corporate crime is criminal prosecution of individual employees, especially mana

234
234
article thumbnail

Everything you wanted to know about carbon removals but were afraid to ask

Mckinsey and Company

Decarbonization has emerged as a critical tool in the fight against climate change, but it also shows promise as a means of economic acceleration across the globe. Learn how.

129
129
article thumbnail

Another Cannabis Pioneer Expands In Germany Via Acquisition As Experts Say 'There's No Stepping Back' From Legalization Wave

Benzinga

Flora Growth Corp. (NASDAQ: FLGC ) has entered into a definitive agreement to acquire all of the issued and outstanding shares of Germany-based TruHC Pharma GmbH. The company’s latest move to further cement its global footprint comes on the heels of a new German cannabis law that went into effect on April 1, which partially legalizes cannabis by allowing adults over 18 to possess up to 25 grams of dried cannabis and grow three marijuana plants at home.

article thumbnail

Deal Talks Between Paramount and Skydance Heat Up

NYT M&A

David Ellison, the founder of the Skydance media company, met with Paramount’s board of directors late last month to discuss the deal.