Harvard Corporate Governance

OCTOBER 31, 2023

Posted by Blair Jones, Rachel Ki, and Jennifer Teefey, Semler Brossy LLC, on Tuesday, October 31, 2023 Editor's Note: Blair Jones is a Managing Director, Rachel Ki is an Associate, and Jennifer Teefey is a Senior Associate Consultant at Semler Brossy LLC. This post is based on a NACD Directorship magazine publication. Many leaders delved into human capital management (HCM) when the economy was booming, just before the Great Resignation.

Technology 272

Technology Marketability 272

IVSC

OCTOBER 31, 2023

The International Valuation Standards Council (IVSC) Annual General Meeting (AGM) took place this year at Maison de la Chimie in the heart of Paris, gathering over 150 valuation leaders and experts from around the globe. Hosted by Compagnie Nationale des Commissaires aux Comptes (CNCC) and Conseil Superieur de L’ordre des Experts-Comptables (CNOEC), and sponsored by HypZert and Taqeem, the AGM is a key fixture in the calendar of valuation leaders.

Intangible Assets 130

Intangible Assets Appraisal Business Valuation Banking 130

Harvard Corporate Governance

OCTOBER 31, 2023

Posted by Ron Kaniel (University of Rochester Simon Business School), on Tuesday, October 31, 2023 Editor's Note: Ron Kaniel is the Jay S. and Jeanne P. Benet Professor of Finance at the University of Rochester Simon Business School. This post is based on an article f orthcoming in Journal of Financial Economics by Professor Kaniel, Zihan Lin , Markus Pelger , and Stijn Van Nieuwerburgh.

Finance 206

Finance Equity Marketability 206

N Contracts

OCTOBER 31, 2023

Unfairness might be discriminatory, but Congress needs to amend the language of Dodd-Frank's UDAAP provisions to clarify this point before the Consumer Financial Protection Bureau (CFPB) can label discrimination outside the realm of credit an unfair practice. That’s what the United States District Court of the Eastern District of Texas said on September 8 when it ruled that the CFPB’s decision to revise the language of UDAAP guidance to include discrimination exceeded its authority.

Compliance 89

Compliance 89

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

Financial Times M&A

OCTOBER 31, 2023

The firms that used the era of cheap money to become the new financial titans are wrestling with rising interest costs

Equity 110

Equity 110

Butcher Joseph & Co.

OCTOBER 31, 2023

CONTRACTOR Magazine talks with Jeff Buettner, Managing Director at ButcherJoseph & Co. about succession planning, tax implications of ESOPs and more. The post ButcherJoseph & Co. Managing Director Jeff Buettner Featured in CONTACTOR Magazine appeared first on ButcherJoseph & Co.

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Butcher Joseph & Co.

OCTOBER 31, 2023

ButcherJoseph & Co. served as exclusive financial advisor to Packaging Concepts, Inc. on a sale to its employees. The post ButcherJoseph & Co. Advised Packaging Concepts, Inc. on a Sale to Its Employees appeared first on ButcherJoseph & Co.

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Financial Times M&A

OCTOBER 31, 2023

Although Microsoft extended its partnership with the chatbot creator, the two companies are also competitors

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Benchmark Report

OCTOBER 31, 2023

After months of deliberation, organisation, conversation and negotiation, with the support of your Benchmark International team and your other trusted advisers, we are reaching the precipice of legal completion. Or simply – ‘Completion’. After envisaging this moment for so long, you might be wondering how the day of Completion will play out, and indeed what will happen over the next few days, weeks and months.

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Financial Times M&A

OCTOBER 31, 2023

Plus, oil megadeals fuel hopes for a gush in fees and a busy week for telecoms dealmaking

Equity 90

Equity 90

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

ThomsonReuters

OCTOBER 31, 2023

Jump to: What is depletion expense? Who can claim depletion expenses? How to calculate depletion expense Depletion vs. depreciation Managing depletion expenses Clients in the mining, timber, and oil and gas industries must invest a lot of time, money, and resources to extract natural resources from the earth and transform them into useful products for consumers.

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Financial Times M&A

OCTOBER 31, 2023

Deal raises more capital for US buyout group’s expansion at a time when borrowing costs have soared

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M&A Leadership Council

OCTOBER 31, 2023

Event Dates: 2024-03-12T09:00:00-05:00 to 2024-03-12T12:30:00-05:00 2024-03-13T09:00:00-05:00 to 2024-03-13T12:30:00-05:00 2024-03-14T09:00:00-05:00 to 2024-03-14T12:30:00-05:00 Location: Virtual Event via Zoom Register Now Course Summary: This virtual program, instructed by expert M&A practitioners, delves into the intricacies of divestitures and carve-outs, offering practical strategies to enhance value for sellers.

Start-ups 52

Start-ups 52

Financial Times M&A

OCTOBER 31, 2023

The two banks are the biggest winners on Wall Street as energy industry bucks M&A downturn

Banking 84

Banking 84

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

M&A Leadership Council

OCTOBER 31, 2023

Event Dates: 2024-02-13T09:00:00-06:00 to 2024-02-13T12:30:00-06:00 2024-02-14T09:00:00-06:00 to 2024-02-14T12:30:00-06:00 2024-02-15T09:00:00-06:00 to 2024-02-15T12:30:00-06:00 Location: Virtual Event via Zoom Register Now Course Summary: This virtual course, trained by expert M&A practitioners, provides a comprehensive understanding of the M&A process, spanning from initial strategy to long-term value creation.

Start-ups 52

Start-ups Technology 52

Peak Business Valuation

OCTOBER 31, 2023

Plumbing companies install, maintain, and repair plumbing fixtures, fittings, and equipment. This typically includes working on toilets, venting systems, pipes, and drains as well as installing gas cooking and heating systems. An industry report on IBIS World suggests there are over 127,000 plumbing businesses in the United States. Together, these companies generate over $25 billion in revenue each year.

Discounted Cash Flow 52

Discounted Cash Flow Business Valuation Appraisal EBITDA 52

Benzinga

OCTOBER 31, 2023

Vodafone Group Plc (NASDAQ: VOD ) has entered into binding agreements with Zegona Communications plc to sell 100% of Vodafone Spain. On completion, Vodafone's consideration will comprise at least €4.1 billion in cash and up to €0.9 billion in the form of Redeemable Preference Shares. Margherita Della Valle, Chief Executive of Vodafone, said, "The sale of Vodafone Spain is a key step in right-sizing our portfolio for growth.

Equity 52

Equity Marketability 52

Law 360 M&A

OCTOBER 31, 2023

Vodafone said Tuesday that it will sell its Spanish business for €5 billion ($5.3 billion) to an investment company set up by former Virgin Media executives as the telecommunications giant seeks to streamline its operations and revive growth.

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Benzinga

OCTOBER 31, 2023

AMETEK Inc (NYSE: AME ) reported Q3 FY23 revenue growth of 5% Y/Y to $1.62 billion, missing the consensus of $1.66 billion. Electronic Instruments Group (EIG) segment sales grew 8% Y/Y to $1.14 billion on strong organic sales growth and contributions from recent acquisitions. EIG's operating income rose 23% Y/Y to $335.2 million, with margins of 29.5% (+360 basis points Y/Y).

Equity 52

Equity Marketability 52

Vested

OCTOBER 31, 2023

Equity has long been a driver of the entrepreneurial spirit in the US. That's not quite the case in the UK, however. At least, it's not at the moment, although it is catching on, just at a steadier pace. A different culture exists on this side of the pond. But why is that and what does the equity landscape look like right now in the UK, specifically in startups?

Equity 52

Equity 52

ThomsonReuters

OCTOBER 31, 2023

Jump to: How is AI affecting accounting? Is AI replacing accounting jobs? What is AI automating in accounting? Can AI do accounting? How to use AI to innovate Artificial intelligence (AI) is making its presence felt across many industries—and the accounting profession is no exception. While 51% of accounting professionals believe that ChatGPT and generative AI should be applied to tax, accounting, and audit work, opinions are divided about the usefulness of AI tools.

Technology 52

Technology Compliance 52

Avanade

OCTOBER 31, 2023

Rob Bate explains how AI offers organizations an avenue to combat frontline worker challenges of productivity, rising operational costs, and employee indifference.

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John Jenkins

OCTOBER 31, 2023

Datasite recently published a survey of more than 500 global dealmakers on how generative AI is impacting the M&A process. In our latest Deal Lawyers Download Podcast, Doug Cullen, Datasite’s Chief Product & Strategy Officer, joined me to discuss the survey.

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Financial Times M&A

OCTOBER 31, 2023

Sale to UK investment fund comes as telecoms group aims to improve its competitiveness

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Benzinga

OCTOBER 31, 2023

CAMBRIDGE, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (NASDAQ: BEAM ), a biotechnology company developing precision genetic medicines through base editing, today announced that Eli Lilly and Company (Lilly) has agreed to acquire certain rights under Beam's amended collaboration and license agreement with Verve Therapeutics, Inc.

Equity 40

Equity 40

Reynolds Holding

OCTOBER 31, 2023

In a speech on October 24, 2023, the director of the Securities and Exchange Commission’s (SEC’s) Enforcement Division, Gurbir Grewal, described the scenarios in which the commission would bring an enforcement action against a compliance officer. In remarks to the New York City Bar Association Compliance Institute , Grewal emphasized that enforcement actions against compliance officers are “exceedingly rare” because the commission has “no interest” in pursuing actions against compliance personn

Compliance 40

Compliance Accounting Firms Marketability 40

Benzinga

OCTOBER 31, 2023

TARRYTOWN, New York, Oct. 31, 2023 (GLOBE NEWSWIRE) -- via IBN -- PaxMedica , Inc. (NASDAQ: PXMD ), a pioneering biopharmaceutical company specializing in cutting-edge treatments for neurological disorders, announced today the successful acquisition of certain suramin research assets from Rediscovery Life Sciences (RLS). These assets were previously dedicated to the study of suramin's potential efficacy in treating acute kidney injury resulting from chronic kidney disease.

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Law 360 M&A

OCTOBER 31, 2023

Blank check company VT5 said Tuesday that it has agreed to buy R&S Group, a power infrastructure supplier, for 274 million Swiss francs ($303 million), as the Swiss business seeks to plug into "the global need for electrification.

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Benzinga

OCTOBER 31, 2023

• Your vote is important no matter how many votes you hold. • The Board of Directors of CUR recommends that Shareholders vote IN FAVOUR of the Arrangement Resolution. • Shareholders who have questions or need assistance with voting their shares should contact Consolidated Uranium's proxy solicitation agent and shareholder communications advisor Laurel Hill Advisory Group by telephone at 1-877-452-7184 or by email at assistance@laurelhill.com.

Finance 40

Finance Marketability 40

Law 360 M&A

OCTOBER 31, 2023

Solar technology financing company Sunlight Financial Holdings Inc. filed for Chapter 11 protection late Monday in Delaware bankruptcy court with a prepackaged plan to sell its business to a group of industry investors in less than three weeks.

Finance 40

Finance Technology 40

Benzinga

OCTOBER 31, 2023

DELAWARE, Ohio, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Highlights IPACKCHEM is a global leader in premium barrier and non-barrier jerrycans and small plastic containers Platform investment supports future growth in EMEA and APAC, with unique barrier technology, best-in-class facilities across five continents, and strong technical and operational management Favorable exposure to secular growth markets in agriculture, specialty chemicals, flavor & fragrances, and pharmaceutical & medical diagno

EBITDA 40

EBITDA Marketability Technology 40

Law 360 M&A

OCTOBER 31, 2023

A major shareholder in West Ham United Football Club said Tuesday that she is weighing selling a stake in the Premier League soccer team, potentially offering circling international investors a chance to buy a slice in the top-tier London club.

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Benzinga

OCTOBER 31, 2023

TAMPA, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) -- O2B Kids is ecstatic to announce the opening of a new location, O2B Kids Belleair. O2B Kids is the leader in early childhood education, and provides research based instruction to children, starting at age 1 through Voluntary Pre-Kindergarten (VPK). O2B Kids is proud to expand their footprint in the Tampa market to 8 open schools with more on the way.

Marketability 40

Marketability 40

Law 360 M&A

OCTOBER 31, 2023

Wachtell Lipton Rosen & Katz-advised Hubbell Inc. has agreed to acquire McDermott Will & Emery LLP-led Northern Star Holdings Inc., a substation control panel maker known commercially as Systems Control, for $1.1 billion.

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