Wed.Oct 11, 2023

article thumbnail

Statement by Chair Gensler on Final Rules Regarding Beneficial Ownership

Harvard Corporate Governance

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Wednesday, October 11, 2023 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent statement. The views expressed in this post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

article thumbnail

FactSet Review—The Largest U.S. Corporate Acquisitions

BVR

The FactSet Review is the cornerstone of every mergers and acquisitions library and a must have for anyone who needs historical M&A data. Get a sneak peek at some historical data points from the 2023 FactSet Review.

130
130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Statement by Commissioner Peirce on Final Rules Regarding Beneficial Ownership

Harvard Corporate Governance

Posted by Hester M. Peirce, U.S. Securities and Exchange Commission, on Wednesday, October 11, 2023 Editor's Note: Hester M. Peirce is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on her recent public statement. The views expressed in this post are those of Commissioner Peirce and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

article thumbnail

Exxon Acquires Pioneer Natural Resources for $60 Billion

NYT M&A

The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, is a bet that U.S. energy policy will not move against fossil fuels in a major way.

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

Forward Thinking on the existential issues facing the middle classes in every country with Homi Kharas

Mckinsey and Company

Historically, the middle class has always tried to avoid change and to reduce levels of uncertainty, but it now has to embrace change and write itself a new narrative, says a leading economist.

99
article thumbnail

From LSD to I.P.O., Birkenstock Bets Big on Its Global Empire

NYT M&A

Once the symbol of the counterculture, lately the darlings of the fashion world, Birkenstock went public in New York.

More Trending

article thumbnail

ExxonMobil backs up bullish view of oil demand with $60bn bet

Financial Times M&A

Purchase of Pioneer reinforces group’s Permian Basin inventory as fossil fuel debate intensifies

132
132
article thumbnail

Trader Cops To ADI Insider Scheme With Trial Looming

Law 360 M&A

A third person charged with insider trading ahead of a planned Analog Devices Inc. acquisition in 2016 pled guilty to securities fraud and conspiracy charges Wednesday, days before he was set to stand trial in the case.

98
article thumbnail

Why Japan should sell Nintendo

Financial Times M&A

A sale of one of its crown jewels could be transformative for the country

143
143
article thumbnail

Banking-as-a-Service (BaaS) Explained

N Contracts

As consumer preferences have shifted toward online banking and other digital products, many traditional financial institutions have sought BaaS fintech partners to generate new sources of revenue. However, these partnerships introduce greater risks for community banks and credit unions, which must compete to attract the best fintech programs.

Banking 92
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

A vision for medical affairs 2030: Five priorities for patient impact

Mckinsey and Company

In 2018, we foresaw medical affairs playing a more strategic role and contributing greater patient impact. That future is now; there’s work to be done to realize it and reach the next level vision.

89
article thumbnail

Honigman Picks Up Corporate Partner From McDermott

Law 360 M&A

Michigan-based Honigman LLP's corporate department has gained a former McDermott Will & Emery LLP partner with a number of multibillion-dollar deals under his belt, the firm has announced.

75
article thumbnail

Emerging technology trends in Asia

Mckinsey and Company

McKinsey has identified 15 major global technology trends, led by generative AI, that have the most potential to change how we live and work.

article thumbnail

ExxonMobil agrees to buy shale group Pioneer in $59.5bn deal

Financial Times M&A

Acquisition is biggest for the supermajor in decades and expected to herald wave of consolidation

98
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

New Possibilities For Cannabinoid Treatments: Acquisition To Transform Neuropsychiatric Disorder Therapies

Benzinga

Healthcare company Harmony Biosciences Holdings, Inc. (NASDAQ: HRMY ) completed its previously announced acquisition of Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE ) on Wednesday. What Happened Harmony's offer to acquire all outstanding shares of Zynerba for $60 million or $1.1059 per share in cash, plus one non-tradeable contingent value right (CVR) per share, representing the right to receive potential additional payments of up to $140 million or approximately $2.5444 in additional cash pe

article thumbnail

Benchmark International Successfully Facilitated The Transaction Between CivilCorp And ESP Associates

Benchmark Report

Benchmark International successfully facilitated the transaction between CivilCorp, LLC, a Texas-based AEC firm specializing in transportation and public works infrastructure markets, and ESP Associates, Inc., an ENR Top 500 multi-disciplinary engineering design and consulting firm.

article thumbnail

DOJ Announces Mergers & Acquisitions Safe Harbor Policy

Shephard Mullin M&A

On October 4, 2023, the Department of Justice (DOJ) announced the advent of a new safe harbor for companies that discover wrongdoing by the acquired business in the course of an M&A transaction. Buyers hoping to take advantage of this avenue for leniency would be well-advised to conduct thorough diligence and act quickly to report any wrongdoing they uncover, as the potential upsides for those who do so may be considerable in light of the DOJ’s new policy.

article thumbnail

Making patient experience your competitive advantage

Avanade

It’s easy to see why, in a highly competitive market, healthcare providers need to invest in the entire consumer journey. Improving levels of patient engagement has become a business imperative.

article thumbnail

Battery Power Boost: Tesla's Vietnamese Rival VinFast Snaps Up Battery Firm VinES

Benzinga

Vietnam-based EV maker VinFast Auto Ltd. (NASDAQ: VFS ) plans to acquire a 99.8% stake in VinES Energy Solutions, or VinES. VinFast will acquire VinES from its Chairman, Pham Nhat Vuong, for approximately $462 million debt, which VinES has outstanding to finance the construction of its manufacturing facilities and operations, the company said in an exchange filing.

Finance 59
article thumbnail

Preserving Your Legacy: Ensuring a Smooth Transition for Your Business and Team

Sun Acquisitions

When you’ve poured your heart and soul into building a successful business, it’s only natural to think about the legacy you’ll leave behind. While your achievements and your impact are essential parts of your estate, it’s equally important to consider how your business and team will thrive after your departure. Ensuring a smooth transition requires careful planning and thoughtful decision-making.

article thumbnail

Exxon/Pioneer: rising rates and nervous investors force shale consolidation

Financial Times M&A

Deal gives oil group a chunk of Permian real estate, associated cash flows and $2bn of estimated annual synergies

79
article thumbnail

Goldman Sachs Sells GreenSky BNPL Business

NYT M&A

Goldman sells the consumer lender GreenSky after significant losses, less than two years after buying it.

article thumbnail

Lifestyle brand FatFace set to be taken over by Next

The Guardian M&A

FTSE 100 fashion chain has been buying up rivals since pandemic and could reach deal by end of week The clothing brand FatFace is poised to become the latest high street fashion retailer to be taken over by Next, in a deal thought to be worth more than £100m. FatFace, which sells clothes, footwear and accessories, is expected to be bought by the FTSE 100 high street fashion chain and a deal could be announced by the end of the week, according to Sky News , which first reported on the matter.

60
article thumbnail

The Power of Others: Networking for Internal Auditors

Audit Board

Networking has long been considered essential to success. Few can truly make it on their own. It is part of being in a profession, like a kind of continuous apprenticeship aided by the guidance, support, acceptance, and approval of your peers. If we want to get along, we must learn to “make friends and influence people.” After all, it’s not what you know but who you know.

article thumbnail

How to Value an Automotive Repair Shop

Peak Business Valuation

The automotive repair industry has struggled in recent years. An industry report on IBIS World notes that automotive repair shops in the United States have seen a decline in revenue and profit. If you are looking to buy , grow , or sell an automotive repair shop , this may be alarming. However, we can expect growth in the coming years as car usage increases and demand for automotive repair shops rises.

article thumbnail

Blackstone's India Move - In Talks For Disney's Stake

Benzinga

Blackstone Inc (NYSE: BX ) has initiated preliminary talks with Walt Disney Co (NYSE: DIS ) to acquire a stake in Disney's Indian subsidiary. The discussions mark Blackstone's entry as a potential buyer for Disney's assets in India. Also Read: Disney's India Arm Set To Rake In Whopping $480M From Cricket World Cup Ads: Report Disney has been considering either a sale or finding a joint venture partner for its digital and TV business in this market, Reuters reports.

article thumbnail

Willkie Adds Kirkland Private Equity Ace In Texas

Law 360 M&A

Willkie Farr & Gallagher LLP announced Wednesday that it has bolstered its corporate and financial services department with a partner in the Lone Star State who came aboard from Kirkland & Ellis LLP.

Equity 52
article thumbnail

It's Official - Exxon Mobil To Acquire Pioneer Natural Resources For $59.5B In Stock

Benzinga

Exxon Mobil Corporation (NYSE: XOM ) shares are trading lower after it inked a definitive agreement to acquire Pioneer Natural Resources Company (NYSE: PXD ) in an all-stock transaction valued at $59.5 billion, or $253 per share. Under the terms of the deal, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing.

article thumbnail

FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 09/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – Europe 09/2023”. The Monitor is a monthly published overview of venture capital trends in the European. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 09/2023 published appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

CGI Amplifies Miami Presence: Snaps Up IT Fim Momentum Consulting

Benzinga

CGI Inc (NYSE: GIB ) disclosed the acquisition of Momentum Consulting Corp. in Miami for an undisclosed amount. Momentum Consulting is an IT and business consulting firm specializing in digital transformation, data analytics, and managed services. The buyout is expected to strengthen CGI's foothold in the high growth market of. Full story available on Benzinga.

article thumbnail

Benchmark International Successfully Facilitated the Transaction Between EPIC Media Group Limited and GRS Fleet Graphics Ltd

Benchmark Report

Benchmark International is pleased to announce the acquisition of Maidstone-based EPIC by GRS Fleet Graphics, part of the Tosca Capital Group.

59
article thumbnail

European mobility finance: A €25 billion growth opportunity

Mckinsey and Company

New analysis on European mobility offers insights on new, fast-growing revenue pools and opportunities for financial-services providers.

Finance 62
article thumbnail

Poison Pills: Trip Wire vs. Last Look Redemption Mechanisms

John Jenkins

In a recent post for the CLS Blue Sky Blog, S&C’s Olivier Baum and Harvard Prof Guhan Subramanian discussed data on redemption mechanisms in shareholder rights plans based on 130 poison pills adopted by US companies from January 1, 2020 to March 31, 2023 (excluding NOL pills).

53
article thumbnail

ExxonMobil gets its ‘mother fracker’

Financial Times M&A

Plus, Birkenstock steps into a rocky IPO market and Sequoia’s former China arm plots a new future