Wed.May 18, 2022

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Testimony by Chair Gensler at Hearing before the Subcommittee on Financial Services and General Government, U.S. House Appropriations Committee

Harvard Corporate Governance

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Wednesday, May 18, 2022 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his testimony before the U.S. House Appropriations Committee, Subcommittee on Financial Services and General Government. The views expressed in the post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or the Staff.

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Pushing granular decisions through analytics

Mckinsey and Company

The potential effect of advanced analytics on grocery retail is great, but retailers will need to seize the opportunity.

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ESG Task Force Brings First Case

Harvard Corporate Governance

Posted by Cydney Posner, Cooley LLP, on Wednesday, May 18, 2022 Editor's Note: Cydney S. Posner is special counsel at Cooley LLP. This post is based on her Cooley memorandum. As described in this press release , the SEC has filed a complaint against Vale S.A., a publicly traded (NYSE) Brazilian mining company and one of the world’s largest iron ore producers, charging that it made “false and misleading claims about the safety of its dams prior to the January 2019 collapse of its Brumadinho da

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For many Americans, economic opportunity seems increasingly out of reach

Mckinsey and Company

Low unemployment doesn’t seem to dispel the gloom about inflation, the McKinsey American Opportunity Survey shows.

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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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Remarks by Chair Gensler Before the 2022 NASAA Spring Meeting & Public Policy Symposium

Harvard Corporate Governance

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Wednesday, May 18, 2022 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent remarks before the 2022 NASAA Spring Meeting & Public Policy Symposium. The views expressed in the post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or the Staff.

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Achieving profitable online grocery order fulfillment

Mckinsey and Company

Investing in the right configuration of picking and handling as well as delivery capabilities holds the key to upending the current economics in online grocery.

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Procurement for prosperity: How UK CPOs can navigate uncertainty and change

Mckinsey and Company

To thrive in turbulent times, chief procurement officers can strengthen strategic foresight and innovation, nurture talent, and deliver social value.

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Twitter Gives Its Version Of Events: Elon Musk Didn't Carry Out Due Diligence In Rush To Grab $44B Deal

Benzinga

Detalins surrounding Elon Musk's deal to take Twitter, Inc. (NYSE: TWTR ) private are getting murkier each passing day. A new SEC filing by the social media platform to highlight its version of events suggests Musk jumped the gun in his quest to quickly lap up the company. What Happened: Musk was apparently in a hurry to get the deal done and suggested on April 21 that his acquisition proposal was "no longer subject to the completion of financing business due diligence," preliminar

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Forward Thinking on trade, vaccines, and sustainable and inclusive growth with WTO Director-General Ngozi Okonjo-Iweala

Mckinsey and Company

The World Trade Organization’s first African—and first female—director-general reflects on the impact of the pandemic on trade, the imperative to ensure that vaccines reach Africa and other emerging economies, and how to ensure that trade is more inclusive in the years ahead.

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Siemens Energy considers full takeover of Siemens Gamesa

Financial Times M&A

German group weighs offer for all outstanding shares in beleaguered Spanish wind subsidiary

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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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Crisis or opportunity? How grocers can win the talent war

Mckinsey and Company

Grocery retailers can’t find the people they want for the jobs they need. In a competitive labor market, evolving the talent model can provide an advantage.

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A new era for proactive security with Microsoft’s new Security Services

Avanade

We are proud to be a part of Microsoft’s mission to make clients more secure against cyberthreats, as part of its Microsoft Security Services for Enterprises offering.

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Growing beyond groceries: The ecosystem expansion

Mckinsey and Company

Grocers are in a unique position to expand beyond their core retail offerings. It can be challenging to build an ecosystem—but the rewards could be worth it.

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SWAP Chooses AuditBoard to Streamline and Strengthen Internal Audit Processes

Audit Board

AuditBoard empowers agile auditing, process efficiency, and improved client collaboration for leading UK-based internal audit consultancy. London, UK — May 18, 2022 — AuditBoard , the leading cloud-based platform transforming audit, risk, and compliance management, today announced that UK-based, not-for-profit SWAP Internal Audit Services has chosen AuditBoard to automate processes and improve execution, enabling them to deliver superior audit planning and risk assessment to their customers.

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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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The state of grocery in North America

Mckinsey and Company

The emergence of new challenges will force grocery retailers to adapt their strategies and operations. Executives should focus on five priorities in 2022.

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UniCommerz: Russian threat could catalyse merger war has interrupted

Financial Times M&A

A deal still makes long-term sense and Orcel may just have the diplomatic chops to pull one off

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The state of grocery retail in Mexico

Mckinsey and Company

The COVID-19 pandemic drastically changed shopper behavior, forcing Mexican grocers to change their online commerce game. Can they create a lasting competitive advantage?

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Del. Plaintiffs Firms Pan Proposed Corporate Law Changes

Law 360 M&A

Several prominent plaintiffs firms in Delaware have voiced opposition to proposed changes in the state's vaunted corporation law that would grant officers more liability protections, arguing that the revisions are at best unnecessary and at worst could encourage unsavory or careless business behavior.

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Tech-enabled grocery stores: Lower costs, better experience

Mckinsey and Company

Grocers must reimagine physical stores to keep pace with consumer preferences. Technology will be a critical enabler in this shift.

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Biased Appraisers? I Don’t Think So

Appraisers Blog

To judge an entire profession by anecdotal evidence is equally both stupid and harmful… The entire emphasis was on “anecdotal evidence” which is not documented or supported. Story after story was told about how appraisers had produced a “biased” report. No documentation and no evidence to support their claims was presented. Folks, after discussing this topic with and learning more about the appraiser who wrote this following essay, I have decided to distribute the essay below as a way to further

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Benchmark International Successfully Facilitated the Transaction Between Complete Marketing Resources, Inc. and VIV

Benchmark Report

The seller, Complete Marketing Resources, is a leader in the web design, search engine optimization and online marketing space, specializing in the automotive industry. Established in 2008, CMR boosts an impressive portfolio of over 600 auto shops that benefit from their wide range of services. The buyer, VIV, offers their clients a suite of digital marketing solutions across the U.S.

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How Does Grupo Somar Acquisition Reaffirms Procaps' Strategy To Strengthen Footprint In LatAm

Benzinga

Integrated LatAm healthcare and pharmaceutical company Procaps Group (NASDAQ: PROC ) has agreed to acquire Grupo Somar (including Grupo Farmacéutico Somar, Química y Farmacia, Gelcaps, and related entities) from Advent International, private equity. Deal terms were not disclosed. Grupo Somar is focused on developing, manufacturing, and marketing branded generic, private label, and OTC products targeted to the.

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2022 Digital Healthcare Industry Report

Benchmark Report

The global overall healthcare industry value is projected to reach $665.37 billion by 2028. Focusing on the global digital healthcare segment of the market, it was valued at $145.57 billion in 2021, and it is expected to reach $430.52 billion by 2028, growing at a compound annual growth rate (CAGR) of 16.9%. The COVID-19 pandemic led to significant shifts in the healthcare sector, as there was an urgent need to adapt and embrace new ways of operating.

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CMA CGM Buys 9% stake In Air France-KLM As Part Of An Air Cargo Partnership

Benzinga

CMA CGM, a French shipping company, invests in Air France-KLM (OTC: AFLYY ) as part of an air cargo partnership, counting on growing demands for flying goods worldwide while supply chains remain snarled in the aftermath of the pandemic, Reuters reported. CMA CGM will take up to 9% of Air France-KLM, worth ~€240 million ($252 million) based on the closing price on May 17, 2022, as part of.

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Forecasts vs. Projections: What's the Big Difference?

Machen McChesney

Financial statements look at historical performance. But there are times when you want forward-looking reports to help your business make strategic investment decisions, evaluate the viability of a turnaround plan or apply for a loan. Your accountant can help ensure the assumptions underlying prospective financial statements make sense in today’s volatile marketplace.

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How Peer Executive Groups Uses BizEquity to Drive Better Results for Business Owners

Biz Equity

Dan Crowley, CEO and Founder of Peer Executive Groups , is no stranger to business valuation.

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Grocers’ sustainability opportunity in transforming the food system

Mckinsey and Company

Now is the time for grocers to develop strategic sustainability transition plans focused on value creation and think more broadly about the role they can play in encouraging change across the full value chain.

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Must An Officer's Certificate Always State That The Board Approval?

National Law Review M&A

Keith Paul Bishop Jurisdiction: California Type of Law: Corporate & Business Organizations Mergers & Acquisitions Administrative & Regulatory

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Twitter deal leaves Elon Musk with no easy way out

Financial Times M&A

Strength of $44bn agreement comes into focus as Tesla chief executive appears to have second thoughts

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Musk's Twitter Takeover Not Hostile, Chancery Brief Says

Law 360 M&A

Tesla CEO Elon Musk and allies at Twitter Inc. struck back at a proposed class action in Delaware's Chancery Court that asserts his $44 billion all-cash, board-approved offer for the social media giant requires a two-thirds stockholder vote under state laws to curb hostile takeovers.

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Saudi Arabia’s PIF acquires 5% stake in Nintendo

Financial Times M&A

Sovereign wealth fund has already bought into Japan’s Capcom and Nexon

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Nev. Case Highlights Settlement Authority Dilemmas For Cos.

Law 360 M&A

A Nevada federal court's recent decision in Ceja v. The Vons Companies illustrates the pitfalls of misinterpreting a court order requiring a representative with full settlement authority to be present at negotiations, and is a reminder to consider that courts differ as to what full settlement authority means in practice, says Richard Mason at MasonADR.

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Barclays doubles stake in Australian investment bank Barrenjoey

Financial Times M&A

UK bank commits to lender that has emerged as an M&A leader

Banking 75
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Prevention Doctrine: Could Musk Troll His Way Into Big Trouble?

John Jenkins

Elon Musk has made a career out of playing with fire and somehow avoiding getting badly burned. I guess it helps to be the richest guy in the world, but from “funding secured” to Solar City to his latest shenanigans with Twitter, Elon has blissfully trolled all comers without a lot of consequences.

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