Wed.Oct 12, 2022

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Private equity considerations from the SEC’s climate proposal

Harvard Corporate Governance

Posted by Tania Carnegie, Elizabeth Ming, and Jeffrey M. Rojek, KPMG LLP, on Wednesday, October 12, 2022 Editor's Note: Tania Carnegie , Elizabeth Ming , and Jeffrey M. Rojek are partners at KPMG LLP. This post is based on their KPMG memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

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Will fusion energy help decarbonize the power system?

Mckinsey and Company

Nuclear fusion has long been considered a near-impossible clean-energy solution. But technological advances—and the need for a flexible zero-carbon power grid—have made fusion worth considering.

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Despite Slowdown in SPAC Activity, Opportunities Remain

Harvard Corporate Governance

Posted by Christopher M. Barlow, C. Michael Chitwood, and Gregg A. Noel, Skadden, Arps, Slate, Meagher & Flom LLP, on Wednesday, October 12, 2022 Editor's Note: Christopher M. Barlow , C. Michael Chitwood , and Gregg A. Noel , are partners at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on a Skadden memorandum by Mr. Barlow, Mr.

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Raising the resilience of your organization

Mckinsey and Company

Repeatedly rebounding from disruption is tough, but some companies have a recipe for success: a systems mindset emphasizing agility, psychological safety, adaptable leadership, and cohesive culture.

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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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Corporate Tax Breaks and Executive Compensation

Harvard Corporate Governance

Posted by Eric Ohrn (Grinnell College) , on Wednesday, October 12, 2022 Editor's Note: Eric Ohrn is an Associate Professor of Economics at Grinell College. This post is based on his recent paper , forthcoming in the American Economic Journal. Related research from the Program on Corporate Governance includes Pay Without Performance: The Unfulfilled Promise of Executive Compensation and Executive Compensation as an Agency Problem both by Lucian A.

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‘Everything in UK is on sale,’ says US private equity executive

Financial Times M&A

Ares Management’s Blair Jacobson expects US buyers to take advantage of weak British currency

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More Trending

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A True story of creating a high-performing culture with The Gift of Red

Rhythm Systems

Companies are under pressure to deliver better performance at lower costs in today's competitive environment. This requires leaders to build strong cultures where employees collaborate effectively and share knowledge across teams.

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GM Invests $69M In Australian Mining Company - What's The Benefit?

Benzinga

General Motors Co (NYSE: GM ) has made a strategic investment in Queensland Pacific Metals of Australia to secure a new source of nickel and cobalt for Ultium battery cells. As part of the agreement, GM is expected to invest up to $69 million in Queensland Pacific Metals for. Full story available on Benzinga.com.

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The Government Screwing Over an Entire Industry

Appraisers Blog

The government wants to move to a fully automated appraisal format, and the more that they can dirty the narrative in their favor, the quicker they get to their objective… This just in: In a recent memo, the CFPB wants you to know that if you are buying a home, that you can contest your appraisal. By the way, anyone at any time can contest an appraisal for any reason.

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Why Cameco Stock Is Down 15% Today

Benzinga

Cameco Corp (NYSE: CCJ ) shares are trading lower Wednesday after the company announced a $650 million bought deal offering. The underwriters in the offering have agreed to purchase, on a bought deal basis, 29,615,000 common shares of Cameco at $21.95 per share. Cameco expects gross proceeds of approximately $650 million. The offering is expected to close on or about Oct. 17.

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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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Twitter employees ‘battle-weary’ as Elon Musk deal drags on

Financial Times M&A

Tesla chief’s stop-start plan to buy social media platform for $44bn has left staff in an uncomfortable limbo

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Refining Info Governance As E-Discovery Gets More Complex

Law 360 M&A

Courts are increasingly requiring litigants to produce chats and other conversations recorded on business collaboration platforms as evidence, so companies should develop strategies for preserving and organizing such data to timely comply with e-discovery requests and to protect sensitive information, say attorneys at Akerman.

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Carlyle weighs sale of Gabon oil and gas producer Assala

Financial Times M&A

Private equity group launches review of business in latest sign dealmaking in sector may be on the rise

Equity 94
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Substance Abuse Treatment Market Size [2022-2029] | Industry Share, Revenue, Key Players, CAGR, Demand and Sales Forecast

Benzinga

Pune, India, Oct. 12, 2022 (GLOBE NEWSWIRE) -- The Substance Abuse Treatment Market Size is growing significantly as it benefits businesses to accelerate their speed by interacting with the environment. The global substance abuse treatment market size is expected to gain momentum owing to increasing prevalence of drug abuse incidence across the globe.

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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/Westinghouse: alt asset giant goes fission with nuclear split

Financial Times M&A

Expect financial innovation to go on proliferating, unhindered by the laws of physics

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In conversation: Four keys to merger integration success

Mckinsey and Company

M&A experts share the integration practices that set the most successful large deals apart.

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EDF nears cut-price deal for GE nuclear turbine unit with Russian contracts

Financial Times M&A

French energy group renegotiates terms for business that also supplies Rosatom

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Accelerated Digital Investment Demands Integrated Risk Management

Audit Board

Digital risk has continued to grow and transform as the application of technology solutions has evolved over the past few years. In January of this year, I proposed that 2022 would be “ the year of digital risk discovery ” as the world’s dependency on digital products and services continues to accelerate at an unprecedented rate. According to a recent Gartner survey , over half of all corporations have named digital technology investment the number one initiative, with others supporting digital

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Representations and Warranties in a Business Sale

Midstreet Blog

If you’re thinking of selling your business, you have a vision for the future. Part of that vision might be the fateful day when everything is settled, and your responsibilities as a business owner are finished. It can be tempting to set your eyes on the closing date and think once the checks are cleared, so are your obligations related to the business.

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Buyback Tax Could Hit SPACs With Higher Costs

Law 360 M&A

Special purpose acquisition companies, already battling market headwinds and the prospect of tighter regulations, are now facing the possibility that a recent tax levied on stock repurchases could also apply to share redemptions involving SPACs.

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Why 75% of businesses won’t sell

Exit Strategy

Tom West is considered by many to be the founder of modern-day business brokerage. A few years ago, he calculated what percent of businesses on the market actually sell. For most small businesses, those with sales of $10 million or less, he figured fewer than 25% actually transition to a new owner. That kind of […]. The post Why 75% of businesses won’t sell appeared first on Exit Strategies Group, Inc.

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Arnold Palmer Group Director Rejoins Jones Day In Atlanta

Law 360 M&A

Jones Day has added back an Atlanta partner after his tenure as executive managing director of the Arnold Palmer Group, which is made up of the businesses and philanthropic efforts of the late golfer Arnold Palmer and his wife, Winnie Palmer.

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M&A Advisor Tip: Deal killers: The I-do-everything seller

Exit Strategy

Some sellers come down with a dangerous case of “I am so great” when they meet potential buyers. It’s all, “I did this. That was my idea. I’m in charge of that. I’m the one driving growth.” And if you have a valuable business that’s attracting buyers – you are great! You built something amazing! […]. The post M&A Advisor Tip: Deal killers: The I-do-everything seller appeared first on Exit Strategies Group, Inc.

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Upcoming SEC Cybersecurity Requirements: What You Need to Know

Audit Board

The SEC has proposed new rules that would require public companies to make both immediate and recurring disclosures regarding material cybersecurity incidents — as well as share information about how risk and cyber security governance is managed within their organizations The new requirements for disclosures would impact the quarterly and annual filings that publicly traded companies provide to their shareholders. .

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How Waves Of Reality Are Swelling Upstream Returns

Auto Dealer Valuation Insights

Upstream and oilfield service companies have bucked trends most of this year. While other industries have had stagnant to negative returns, the oil patch has outperformed them all, as I highlighted earlier this summer. Since then, market capitalizations have stagnated. Yet, the reality is that equity returns are soaring on a wave of cash flow right now.

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Event Recording: A Conversation on M&A in Today’s Market

Cooley M&A

On September 28, 2022, Cooley sponsored the third virtual event in Axios’ Dealmakers series: A Conversation on M&A in Today’s Market. The event highlighted discussions surrounding the ever-changing dealmaking landscape of today and the impact of a recession on the future of the market. Axios technology and business reporter Kia Kokalitcheva and business editor Dan Primack had conversations with Kirsten Green, founder and managing partner at Forerunner Ventures, and Christina Mohr, vice chair

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IRS raised interest rates again

Henry Horne

The IRS raised interest rates again this year for the fourth quarter, effective October 1, 2022. The rate for underpaid taxes went up from 5% to 6%. Interest on overpayments also went up to 6% beginning October 1, 2022. Don’t miss: IRS issues with the Employee Retention Credit Interest rates are adjusted on a quarterly … Keep Reading. The post IRS raised interest rates again appeared first on Henry+Horne.

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How Masonite Internal Audit Reduced PMO Time by 75%

Audit Board

In our Spotlight on Success series, Katie Shellabarger, VP and CAE of Masonite International , shares how her team achieved significant efficiency gains and freed up time for value-add activities by implementing AuditBoard’s connected risk platform. Headquartered in Tampa, FL, Masonite is a designer, manufacturer,and distributor of interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction marke

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Toshiba Picks Japan Industrial Partners Led Group As Preferred Bidder

Benzinga

Toshiba Corp (OTC: TOSBF ) (TOSYY) granted a Japan Industrial Partners Inc led consortium preferred bidder status for a buyout of the iconic Japanese firm. Private equity firm JIP looked to acquire Toshiba in partnership with multiple domestic companies, including Orix Corp (NYSE: IX ) and Chubu Electric Power (OTC: CHUEF ), Full story available on Benzinga.com.

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Vista Equity Strikes $4.6B Deal To Take KnowBe4 Private

Law 360 M&A

Kirkland & Ellis LLP-led Vista Equity Partners has agreed to a $4.6 billion deal that will take cybersecurity platform KnowBe4 Inc. private and involves underlying voting power agreements with KnowBe4 investors KKR and Elephant Partners, according to an announcement Wednesday.

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KnowBe4 Stock Is Trading Higher: Here's Why

Benzinga

KnowBe4 Inc (NASDAQ: KNBE ) shares are trading higher Wednesday after the company announced it will be acquired by Vista Equity Partners. KnowBe4 has entered into a definitive agreement to be acquired by Vista in an all-cash transaction valued at approximately $4.6 billion on an equity value basis. Upon completion of the proposed transaction, KnowBe4 shareholders will receive $24.90 per share in cash.

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Confronting The Onshoring Workforce Crisis

Trout CPA

For decades, the goal was globalization. In the early 1990s, the end of the Cold War and the growing ubiquity of the internet ushered in an age of new possibilities for American manufacturing, which caused supply chains to sprawl worldwide. Recent years have provided strong incentives to reverse this trend and encourage investment in reshoring. As BlackRock CEO Larry Fink noted in a March 2022 letter to shareholders, we are seeing the “end to the globalization we have experienced over the last t

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KnowBe4 Shares Pop On Vista Takeover Deal

Benzinga

The private-equity firm Vista Equity Partners has inked a deal to purchase the cybersecurity provider KnowBe4, Inc (NASDAQ: KNBE ) for about $4.6 billion. The deal valued KnowBe4 at nearly $25 per share, the Wall Street Journal reported. The stock closed. Full story available on Benzinga.com.

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A defining moment: How Europe’s CEOs can build resilience to grow in today’s economic maelstrom

Mckinsey and Company

Can leaders lift their companies to the next frontier of resilience—not only to survive but also to thrive?

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