Wed.Nov 30, 2022

article thumbnail

Perspectives Paper: Automated Valuation Models and Residential Valuations

IVSC

In October 2020 the IVSC issued its Agenda Consultation 2020 which highlighted Automatic Valuation Models (“AVMs”) as a key topic to be considered by the IVSC over the next few years. The Agenda Consultation stated that the “IVSC Technical Boards had originally begun to look at this topic due to market feedback on technological disruption caused by the increasing use of AVMs in many markets, particularly by banks and valuers for the valuation of residential properties for secured lending purpos

Banking 246
article thumbnail

Open Letter to Directors and Activists Regarding Amendments to Advance Notice Bylaws

Harvard Corporate Governance

Posted by Ron Berenblat, Andrew Freedman, Dorothy Sluszka, Olshan Frome Wolosky LLP, on Wednesday, November 30, 2022 Editor's Note: Andrew Freedman , and Ron Berenblat are Partners and Dorothy Sluszka is an Associate at Olshan Frome Wolosky LLP. This post is based on their Olshan memorandum. We want to draw attention to a concerning corporate governance trend that directly impacts directors of public companies and shareholders with director representation on public company boards.

235
235
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Author Talks: Hospitality lessons from a Michelin-star restaurateur

Mckinsey and Company

Eleven Madison Park cofounder Will Guidara explains why a hospitality economy is on the horizon and shares the “unreasonable” strategies that he has used to lead restaurants to the top of their game.

121
121
article thumbnail

Glass Lewis 2023 Policies Guidelines – ESG Initiatives

Harvard Corporate Governance

Posted by Brianna Castro, Courteney Keatinge, Maria Vu, Glass, Lewis & Co, on Wednesday, November 30, 2022 Editor's Note: Brianna Castro is Senior Director of North American Research; Courteney Keatinge is Senior Director of Environmental, Social & Governance Research; and Maria Vu is Senior Director of Compensation Research at Glass, Lewis & Co.

Equity 230
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

Increase to the solar investment tax credit

Henry Horne

With the recent passing of the Inflation Reduction Act in August, the Solar Investment Tax Credit saw some changes. For 2021 the Solar Tax Credit allowed a dollar-for-dollar tax offset with no limit for 26% of the cost to install solar on your property. This has now been increased to 30% for 2022 through 2032, … Keep Reading. The post Increase to the solar investment tax credit appeared first on Henry+Horne.

98
article thumbnail

Communicating with the SEC When Your Organization Suffers a Cybersecurity Incident

Harvard Corporate Governance

Posted by Haimavathi V. Marlier, Michael D. Birnbaum, Morrison & Foerster LLP, on Wednesday, November 30, 2022 Editor's Note: Haimavathi Marlier and Michael Birnbaum are Partners at Morrison & Foerster LLP. This post is based on their Morrison & Foerster memorandum. If there was ever doubt before, the Securities and Exchange Commission (SEC) has made clear—through two proposed rules related to cybersecurity, enforcement actions , public statements, and a beefed up “Crypto Assets a

225
225

More Trending

article thumbnail

Forward Thinking on the meeting point of science and humanity with Jayshree Seth

Mckinsey and Company

Persuaded by her parents to study science and engineering, Jayshree Seth retained her humanities mindset while becoming the first chief science advocate at the 3M company.

100
100
article thumbnail

How to Manage a Payroll Schedule

Machen McChesney

Learn how to create an effective payroll budget to avoid wondering how and where your money was spent. Creating a payroll budget helps you understand what percentage of your budget should go to payroll and enables you to stay on track throughout the year. Generally, payroll should account for about 15% to 30% of your company’s gross income, but with service industries, costs can be as high as 50%.

87
article thumbnail

Cloud adoption on the rise in Asia: Talent is key to success

Mckinsey and Company

Cloud adoption in Asia is rapidly increasing. What’s driving this move, what opportunities does the cloud offer, and how do businesses achieve successful transformation?

97
article thumbnail

UK high court approves Bulb takeover by Octopus Energy

The Guardian M&A

Proposed buyout of collapsed supplier gets go-ahead despite judicial reviews lodged by rivals E.ON, Centrica and Scottish Power The takeover of the collapsed energy supplier Bulb by Octopus Energy has been approved in a London court. Octopus agreed last month to buy Bulb out of a government-handled administration process which has lasted for nearly a year.

75
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

Irwin Naturals Leverages Household Brand Status in Effort to be World's Largest Chain of Psychedelic Mental Health Clinics

Benzinga

LOS ANGELES, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Irwin Naturals Inc. (CSE: IWIN ) (OTC: IWINF ) (FRA: 97X) ("Irwin" or the "Company") announced today it reached a binding, arms-length, agreement to acquire Serenity Health , LLC in Louisville, Kentucky, on November 25, 2022. The move continues Irwin's national ketamine clinic rollup strategy that has seen the Company move quickly toward its goal of building Irwin Naturals Emergence into the world's largest chain of psychedelic mental h

Equity 75
article thumbnail

Bulb takeover saga sheds light on ‘disgraceful’ lack of transparency

The Guardian M&A

Let’s hope E.ON, Centrica and Scottish Power’s judicial reviews succeed in forcing some openness Selling a nationalised energy supplier, even one with 1.5 million customers, ought to be a simple process. First, you invite bids. Second, you assess the proposals, weighing them against criteria such as deliverability, value for money for taxpayers and likelihood of increasing competition.

Banking 73
article thumbnail

EU Worried By Vivendi Purchase Of French Publishing Rival

Law 360 M&A

European Union antitrust officials raised concerns Wednesday that French media conglomerate Vivendi's proposed purchase of Lagardère threatened competition in French celebrity magazine and French-language book publishing.

75
article thumbnail

Binance re-enters Japanese crypto market with Sakura Exchange acquisition

Financial Times M&A

Purchase comes in wake of heightened scrutiny on sector after collapse of FTX

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

What is a Classified Balance Sheet?

Midstreet Blog

As a business owner, you’re probably familiar with different financial statements and what they indicate about your business. Cash flow statements, profit and loss statements, tax returns, and balance sheets are all different reports that break down your business’s finances for their own specific purposes. You may have also heard of a “classified balance sheet.”.

Finance 52
article thumbnail

SBF explains FTX’s missing money

Financial Times M&A

Plus, Wall Street gets in on the day-trading game and Nestlé fesses up to some past M&A mistakes

97
article thumbnail

Analyst Forecasts $101-117/Share Offer Price For Horizon Therapeutics' Buyout

Benzinga

Horizon Therapeutics Plc (NASDAQ: HZNP ) confirmed it's engaged in preliminary talks with Amgen Inc (NASDAQ: AMGN ), Janssen Global Service , and Sanofi SA SNY on potential takeover offers for the company. SVB Leerink projects 2023 revenue of $4.0 billion, adj operating income of $1.6 billion, and EPS of $5.51. Assuming no COGS nor R&D synergies but "fully synergized" SG&A of 21%, the company's theoretical 2023 fully synergized operating margin would be 54%, and adj EPS

52
article thumbnail

Tech start-ups shun Singapore and Hong Kong for US Spacs

Financial Times M&A

Blank-cheque companies in Asian financial hubs show little results

article thumbnail

Business Sales in the Oil-and-Gas Industry: Insights from M&A Specialist Gary Papay

IBG Business

Business Sales in the Oil-and-Gas Industry: Insights from M&A Specialist Gary Papay. While some aspects of a business sale are nearly universal, every industry has distinctive qualities that affect the spectrum of factors, from market value to likely buyers. The oil-and-gas industry is certainly no exception. One of the nationally recognized leaders in oil-and-gas M&A is Gary Papay , president of Pennsylvania- and North Carolina-based CK Business Consultants and a founding partner of IBG

article thumbnail

UBS chair rules out more US acquisitions after aborted Wealthfront deal

Financial Times M&A

Colm Kelleher says the Swiss bank can grow in the US by focusing on very wealthy clients

Banking 97
article thumbnail

EBITDA: What’s It Worth?

IBG Business

EBITDA: What’s It Worth? By John C. Johnson , M&AMI. “IBG led us in negotiating a sale that exceeded all hopes. They were strategically prepared and unearthed then explained the true underlying value in navigating us to a great result. Our sale was completed at more than twice the value of initial offers and what we had thought to be an attainable value.”. – Roger Walker.

EBITDA 52
article thumbnail

Krista A. Showers, CPA, CEBS, Partner, Recognized for CPE Compliance

Trout CPA

Krista A. Showers , CPA, CEBS, Partner, has been recognized for attaining continuing professional education (CPE) compliance in the Certified Employee Benefit Specialist program for a two-year period. She is a graduate of the Certified Employee Benefit Specialist (CEBS) program, co-sponsored by the International Foundation of Employee Benefit Plans (IFEBP) and the Wharton School of the University of Pennsylvania.

article thumbnail

Child-Focused Nonprofits Can Boost Fundraising by Suggesting Tax Planning Strategies to Donors

Gross Mendelsohn

A recent charitable giving report from Blackbaud Institute confirms that donations in the United States grew by 9% in 2021. This increase occurred for nonprofits of all sizes in all sectors, with 12% of charitable giving coming from online donations. This uptick in charitable giving is, of course, excellent news for youth-focused nonprofits. However, your organization can benefit even more when your staff members are equipped to educate potential donors about some key tax benefits of charitable

52
article thumbnail

Ted Mason, LaPorte’s Former President and CEO, Retires

LaPorte

William “Ted” Mason III, former LaPorte President and CEO, will retire from the firm effective December 1, 2022. Ted has been with LaPorte for 39… The post Ted Mason, LaPorte’s Former President and CEO, Retires first appeared on LaPorte.

52
article thumbnail

Life Sciences Venture Capital Monitor – Europe 10/2022 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Life Sciences Venture Capital Monitor – Europe 10/2022”. The Monitor is a monthly published overview of venture capital trends in the European Life Sciences. Read more. The post Life Sciences Venture Capital Monitor – Europe 10/2022 published appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

This Company Looks To Change The AgTech Industry With The Help Of Some Strategic M&A

Benzinga

Click Here to Read the Latest Report on AgriFORCE. As Christmas approaches, AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI ) is looking back on a series of exciting mergers and acquisitions (M&As) and forward to a fresh 2023. AgriFORCE is an agricultural technology company using cutting-edge innovations and leveraging a robust intellectual property (IP) portfolio to find solutions for the future of how food is developed and grown to meet demand from growing populations.

article thumbnail

Norwegian Health Tech Biz Launches $2M Share Buyback

Law 360 M&A

Norwegian health care software developer CSAM announced on Wednesday that it is kicking off a 20 million Norwegian kroner ($2 million) share buyback program to fund further acquisitions.

52
article thumbnail

Horizon Therapeutics Shares Jump On Confirmation Of Takeover Talks With Several Large Companies

Benzinga

Horizon Therapeutics Plc (NASDAQ: HZNP ) confirmed it's engaged in preliminary talks with Amgen Inc (NASDAQ: AMGN ), Janssen Global Service , and Sanofi SA (NASDAQ: SNY ) on potential takeover offers for the company. According to a statement, there is no certainty that an offer for the company will be made. Under Irish law, each possible acquirer.

article thumbnail

Dechert Doubles Up In Recast Leadership Structure

Law 360 M&A

Multinational partnership Dechert LLP is overhauling its leadership structure and will install two deals-and-finance partners as co-chairs, the firm announced Wednesday.

Finance 52
article thumbnail

iPhone Pro Shipments May Miss Consensus, Tesla Rival Charts Ambitious Expansion Plan In Mexico, Amazon Cloud Unit To Add More Employees: Top Stories Wednesday, Nov. 30

Benzinga

Reuters. Tesla Rival Charts Ambitious Expansion Plan In Mexico, Eyes 10% Market Share, Says Report. BYD Company Limited (OTC: BYDDY ) (OTC: BYDDF ) is flexing its muscles in international waters, with the Warren Buffett- backed Chinese electric vehicle maker eyeing a strong presence in the North American country of Mexico. BYD is planning to commence sales of its EVs in Mexico in 2023, and the all-electric Tang SUV and Han sedan will likely be the first vehicles launched, Zhou Zou, said the comp

article thumbnail

Benchmark International Facilitated The Transaction Of Metro-tech Electrical Contractors, Inc. To Michael Bowman

Benchmark Report

Benchmark International successfully facilitated the transaction between Metro-Tech Electrical Contractors, Inc. and Michael Bowman.

article thumbnail

Eni Seeks To Buy Private Equity-Backed Neptune Energy For Around $6B: Report

Benzinga

Eni SpA (NYSE: E ) is reportedly in preliminary talks to buy private-equity-backed gas and oil producer Neptune Energy for around $5 billion -$6 billion. Neptune produces around 130,000 barrels of oil equivalent per day (boed), primarily gas. Neptune is owned by China Investment Corporation (CIC), the Carlyle Group Inc (NASDAQ: CG ), and CVC Capital Partners.

Equity 52
article thumbnail

Lukoil resumes talks with US buyout group to sell Italian refinery

Financial Times M&A

Crossbridge Energy negotiating deal with Russian company for as much as €1.

75
article thumbnail

Saul Ewing Corporate Pro Joins Akerman In Austin

Law 360 M&A

Akerman LLP added a partner from Saul Ewing Arnstein & Lehr LLP to its corporate practice group in Austin, Texas.

52