Thu.Sep 22, 2022

What’s Next for US M&A

Harvard Corporate Governance

Posted by Gregory Pryor and Michael Deyong, White & Case LLP, on Wednesday, September 21, 2022 Editor's Note: Gregory Pryor and Michael Deyong are partners at White & Case LLP. This post is based on their White & Case memorandum. As predicted in our previous M&A report, 2022 has not lived up to the runaway performance of 2021.

EBITDA 196

French groups swoop for depressed British assets

Financial Times M&A

Xavier Niel builds up stake in Vodafone while Aveva sold to Schneider amid depressed valuations

83
Insiders

Sign Up for our Newsletter

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

SEC Issues Final Rules for Pay Versus Performance Disclosure

Harvard Corporate Governance

Posted by Daniel Laddin and Louisa Heywood, Compensation Advisory Partners, on Wednesday, September 21, 2022 Editor's Note: Daniel Laddin is a founding partner and Louisa Heywood is an analyst at Compensation Advisory Partners. This post is based on their CAP memorandum.

Equity 165

LaPorte Honored Among “Best Places to Work” in 2022

LaPorte

New Orleans CityBusiness, a bi-weekly business publication, has named LaPorte CPAs & Business Advisors to the list of ‘Best Places to Work’ for the thirteenth… The post LaPorte Honored Among “Best Places to Work” in 2022 first appeared on LaPorte. Newsworthy

82

Sarbanes-Oxley § 404 at Twenty

Harvard Corporate Governance

Posted by Stephen M. Bainbridge (UCLA), on Thursday, September 22, 2022 Editor's Note: Stephen M. Bainbridge is the William D. Warren Distinguished Professor of Law at UCLA School of Law. This post is based on his recent paper. Almost two decades ago, the late securities law scholar Larry Ribstein used the then newly adopted Sarbanes-Oxley Act of 2002 (“SOX”) as a case study of federal regulatory responses to capital market crises.

Part 2- Inflation and Its Impact on Business Valuation in the US Economy

Biz Equity

The Valuation Focus Evolution

Chancery Court Enjoins Annual Meeting in Defense of Stockholder Franchise

Harvard Corporate Governance

Posted by Andrew Freedman, Lori Marks-Esterman, and Kenneth Silverman, Olshan Frome Wolosky LLP, on Thursday, September 22, 2022 Editor's Note: Andrew Freedman , Lori Marks-Esterman , and Kenneth Silverman are partners at Olshan Frome Wolosky LLP. This post is based on an Olshan memorandum by Mr. Freedman, Ms. Marks-Esterman, Mr. Silverman, Jacqueline Ma , and Matthew Traylor , and is part of the Delaware law series ; links to other posts in the series are available here.

127
127

More Trending

SoftBank to meet Samsung to explore Arm ‘strategic alliance’

Financial Times M&A

Masayoshi Son will visit Seoul in October to explore tie-up for UK chip designer

76

How Algorithmic Trading Affects What Directors Learn from Stock Prices

Reynolds Holding

Algorithmic trading (AT) is one of the most notable financial innovations in several decades and constitutes a substantial portion of recent trading in stock markets. However, evidence on the economic consequences of AT is mixed.

Bertelsmann puts M6 up for sale after failed merger attempt

Financial Times M&A

Several European billionaires interested in acquiring French TV business

65

Resetting the e-commerce model to achieve profitable growth in Europe

McKinsey Public & Social Sector Insights

Winning EU consumer goods players are reprioritizing channels and markets to drive online sales, shifting to an online-first playbook, and investing in tech and specialist talent. Insights on Consumer Packaged Goods Consumer packaged goods Europe

Singapore’s GIC to take majority stake in luxury Sani/Ikos resorts

Financial Times M&A

Sovereign fund flies in face of economic storms with biggest deal in European hotel sector since pandemic

63

Green infrastructure: Could public land unlock private investment?

McKinsey Public & Social Sector Insights

Emerging economies need the private sector to help fund green infrastructure initiatives. Access to public land can be structured to make those investments more attractive.

91

TodayTix Group Acquires Secret Cinema, the Wildly Popular Immersive Film & Television Experience Company

Business Wire M&A

NEW YORK--(BUSINESS WIRE)--TodayTix Group, the global e-commerce leader for cultural experiences, today announced that it has acquired Secret Cinema, the London-based entertainment company that specializes in immersive film and television events.

83

Low-carbon fun: Making RV manufacturing greener

McKinsey Public & Social Sector Insights

Being outside and enjoying nature is a key value proposition of the recreational-vehicle industry. Protecting the environment will soon become more important for the industry’s players. Automotive & Assembly Insights Automotive

82

Paradigm Oral Health Announces Acquisition by BlackRock Long Term Private Capital

Business Wire M&A

LINCOLN, Neb. &

83

Using advanced analytics to improve performance in customs agencies

McKinsey Public & Social Sector Insights

Machine learning and other analytics tools can improve fraud detection and strategic workforce planning, among other potential benefits. Public & Social Sector Insights Public Sector Public & Social Sector Asia-Pacific Europe North and Central America Supply chain management

82

What leaders are getting wrong about working from home

Vested

Do in-person offices really matter? Malcolm Gladwell certainly seems to think so. In a recent interview for the podcast, Diary of a CEO, Gladwell asserted that remote work is actively detrimental to employees’ social and emotional wellbeing.

52

How the Gulf of Mexico can further the energy transition

McKinsey Public & Social Sector Insights

Long recognized as a pillar of US energy production, deepwater Gulf of Mexico could help provide the resources the world needs during the energy transition. Oil & Gas Insights Oil & Natural Gas

81

IRS Free File may cost you

Henry Horne

If you are reading this, you probably know that a large part of our business is preparing and filing (through electronic filing) tax returns. In other words, we are in the tax return preparation business.

52

As ISVs disrupt payments, can merchant acquirers stay relevant?

McKinsey Public & Social Sector Insights

Merchant acquirers must act quickly to retain share as small businesses shift to integrated software vendors (ISVs), adopt value-added services, and address customers’ preference for omnichannel commerce. Insights on Financial Services Financial Services

79

Daughters, weddings and taxes

Henry Horne

My oldest daughter recently got engaged to be married. This was so exciting in a variety of ways. I know that she and her fiancé loved when I sat them down and explained the realities of taxation as a newly married couple. Who knew weddings and taxes go together!

52

A new dawn for industrial channels: Meeting customers where they want

McKinsey Public & Social Sector Insights

The time is ripe for industrial OEMs to rethink their long-held distribution model and rebalance their channel mix. Advanced Electronics Insights Industrial equipment & components Marketing & Sales

Vodafone/Xavier Niel: a second French tycoon targets UK telecoms

Financial Times M&A

Investment vehicle Atlas describes mobile phone group as ‘an attractive investment opportunity

52

Author Talks: Steve Case identifies the US cities driving new innovation—and it’s not where you think

McKinsey Public & Social Sector Insights

For the past decade, most venture capital funding in the United States went to three cities, but Steve Case says a convergence of social, technological, and policy factors is rebalancing the scale. McKinsey on Books Venture capital High Tech & Internet Innovation

Market Indications of RIA Value are Mixed, To Say the Least

Auto Dealer Valuation Insights

Imagine you manufacture luxury products. You’ve recently had to raise prices substantially, despite your primary markets being headed into recession. Your buyers use leverage to purchase your products, and interest rates are the highest in a decade and are headed up.

The gathering storm: The affordability challenge of endemic COVID-19

McKinsey Public & Social Sector Insights

Even as the acute threat to lives from the COVID-19 pandemic recedes, the ongoing challenges for the healthcare industry will persist. Insights on Healthcare Systems & Services Health care payors Health care providers United States

73

Bakken M&A

Auto Dealer Valuation Insights

Deal flow in the Bakken has been steady over the last twelve months, with 14 transactions announced since October 2021, up from nine deals during the same period in 2020-2021. Devon Energy’s $5.6

‘Private equity is a megatrend. I don’t know if you know that’

Financial Times M&A

Plus, Xavier Niel leads the charge of French buyers in the UK and a European energy deal results in a multibillion-dollar loss

Del. Court OKs Musk Challenge Of $7.8M Twitter Severance

Law 360 M&A

The Delaware Chancery Court has allowed Elon Musk to add Twitter's payment of a late-disclosed, $7.75 million severance payment to a security chief turned whistleblower to counterclaims allegedly justifying his walking away from a $44 billion contract to buy the social media giant

63

Beyond ESG: ISSB Consolidation Heralds a New Era in Corporate Reporting and Assurance

Audit Board

Over the past two decades, the environmental, social, and governance (ESG) disclosure landscape has become a hard-to-decode alphabet soup.

SEC Chair Gensler Speaks to Investor Advisory Committee

Reynolds Holding

Thank you. It is great to speak to the Investor Advisory Committee (IAC). As is customary, I’d like to note that my views are my own and that I am not speaking on behalf of the Securities and Exchange Commission or SEC staff. Today, the Committee will cover a wide range of investor issues through four panels and three recommendations. Of these seven topics, the Commission recently has issued proposals on five of them.

Cybersecurity is a requisite for unleashing 5G’s potential in healthcare

McKinsey Public & Social Sector Insights

New technologies in the healthcare area can lead to major quality-of-life improvements, but require massive investments in data security. All Insights

National Security: Executive Order Enhances CFIUS Review of Emerging Risks

John Jenkins

Last week, President Biden signed an Executive Order intended to enhance CFIUS’s ability to address emerging national security risks in its review of transactions. According to the Biden Administration’s fact sheet on the Order, it elaborates on existing statutory factors and adds several additional national security factors for CFIUS to consider during its review process. […

40

CIFUS Clearance: Advent International Corporation and McAfee Corp.

National Law Review M&A

International Trade Practice at Squire Patton Boggs Jurisdiction: All Federal Canada United Arab Emirates Type of Law: Mergers & Acquisitions Antitrust & Trade Regulation Global Communications, Media & Internet

52

Raymond James Beefs Up UnitedHealth Price Target On Smoother Sailing Of Change Deal

Benzinga

Raymond James reiterates a Strong Buy rating on UnitedHealth Group Inc (NYSE: UNH ) while raising the price target to $635 from $620 as a U.S. judge gave a green signal for Change Healthcare Inc's (NASDAQ: CHNG ) acquisition. The ruling ended a 21-month fight between UnitedHealth and regulators.

52

Powin adquiere EKS para ofrecer sistemas de almacenamiento de energía en red totalmente integrados

Business Wire M&A

PORTLAND, Oregón--(BUSINESS WIRE)--Powin LLC (Powin), proveedor global de plataformas de almacenamiento de energía, ha anunciado hoy la adquisición de EKS Energy (EKS), un importante proveedor de dispositivos electrónicos de potencia avanzada y soluciones de gestión energética para el almacenamiento de energía y energías renovables.

52