Tue.Jun 13, 2023

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The economic potential of generative AI: The next productivity frontier

Mckinsey and Company

Generative AI is poised to unleash the next wave of productivity. We take a first look at where business value could accrue and the potential impacts on the workforce.

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Unions Are Threatening The Albertsons-Kroger Merger With An Outcry 22,000 Voices Loud

Benzinga

The merger of Albertsons Companies Inc (NYSE: ACI ) and Kroger Co (NYSE: KR ) hit a roadblock with several customers and unions opposing the deal. On Monday, the International Brotherhood of Teamsters rejected the merger, and the plea is currently under review at the Federal Trade Commission. The Teamsters, representing over 22,000 members in both companies' stores and facilities in the U.S., opposed the merger after discussing employees' fundamental interests' protection with the co

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Navigating Economic Uncertainty: Why Strategy is Crucial for Every Business

Rhythm Systems

As we’ve witnessed over the past year, the economy can shift rapidly and unexpectedly. In these times of economic uncertainty, many businesses struggle to stay afloat or successfully pivot to meet the market's demands. However, some organizations are able to weather the storm with relative ease. The key to success in the face of economic instability is having a solid business strategy.

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Innovating in uncertain times: Moving from hype to how

Avanade

James Greaves and Melissa Witheriff outline seven steps organisations can take to move from hype to how and realise value faster with emerging technologies.

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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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Q2 2023 Quarterly Economic and M&A Middle Market Update

Butcher Joseph & Co.

Jeff Buettner helps untangle the complicated terrain of the current market shifts and explores how they impact valuations, deal structures, strategic. The post Q2 2023 Quarterly Economic and M&A Middle Market Update appeared first on ButcherJoseph & Co.

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Constructing the tech future: Porsche Digital spearheads talent attraction

Mckinsey and Company

What’s the best way to attract tech talent? (Hint – it’s not just compensation…) Mattias Ulbrich, CEO of Porsche Digital and CIO of Porsche AG, shares the importance of putting people first to shape talent when building a digital business.

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The McKinsey Crossword: Body Shopper | No. 132

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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Bunge to buy Glencore-backed Viterra in $8.2bn agribusiness deal

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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Vice Media Gets OK For $60M Ch. 11 Loan After Creditor Deal

Law 360 M&A

A New York bankruptcy judge Tuesday approved $60 million in Chapter 11 financing for Vice Media Group after hearing a deal had been struck to let unsecured creditors pursue litigation claims and potentially recover $12 million in the company's bankruptcy plan.

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The Titanic PGA and LIV Golf Deal Stokes Anger on Capitol Hill

NYT M&A

American lawmakers and officials are studying the pact between the PGA Tour and Saudi Arabia’s sovereign wealth fund.

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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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Is QuickBooks Right for Your Nonprofit?

Machen McChesney

Not-for-profit organizations exist to achieve nonfinancial or philanthropic goals, not to make money or build value for investors. But they still need to monitor their financial health — that is, how much funding is coming in from donations and grants and how much the organization is spending on payroll, rent, and other operating expenses.

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Whatever Happened to ‘Free’ News?

NYT M&A

We are entering an era of media haves and have-nots.

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Microsoft/Activision: devil of a fight leaves duo on horns of a dilemma

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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FCF Interest & Corporate Loan Monitor Q1/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is pleased to publish the new “FCF Interest & Corporate Loan Monitor Q1/2023”. FCF regularly conducts comprehensive research regarding the German corporate loan and interest market, based on publically available. Read more The post FCF Interest & Corporate Loan Monitor Q1/2023 published appeared first on FCF Fox Corporate Finance GmbH.

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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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Valuing a Medical Practice

Peak Business Valuation

Over the past several years, the medical practice industry has experienced an upsurge in demand. This is a result of various factors such as the aging population, rising chronic illness rates, and population growth. As these determinants continue to rise, demand for medical practices will continue to increase. Whether you are buying , expanding , or selling a medical practice, these conditions present a high revenue growth opportunity.

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Major Provisions of the 2023 Minnesota Omnibus Tax Bill

Redpath

June 12, 2023 - On May 24, 2023, Minnesota Governor Tim Walz signed a wide-reaching omnibus tax bill into law. The bill brings about some significant changes that will impact Minnesotans in the areas of personal, business, and state and local taxation.

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Should I buy a franchise? Tips to help you decide

JPAbusiness

You should consider buying a franchise where you have a desperate desire to get into business, but you also recognise that you have some weaknesses on your side that can’t easily be addressed in a timely fashion. These weaknesses may relate to: management capability marketing experience understanding of key systems and processes needed to operate a business ability to invest in product development (particularly in industries with rapidly changing technologies).

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Joe Hellman Announced as Recipient of Emerging Leaders Awards

Redpath

Saint Paul, Minnesota, June 13, 2023 - The M&A Advisor announced Joe Hellman, Partner and Advisory Services Practice Lead of Redpath and Company, one of the recipients of the14 th Annual Emerging Leaders Awards.

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Gov't Contracts Atty Exits In-House Role For White & Case

Law 360 M&A

A veteran government contracts attorney and litigator who has over 15 years of experience working with government contractors has joined White & Case LLP's Washington, D.C., office.

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Erytech's Battle With Activist Investor Echoes As Pherecydes Pharma Merger Vote Comes Closer

Benzinga

In February, Erytech Pharma SA (NASDAQ: ERYP ) announced its proposed combination with Pherecydes Pharma S.A. In June, Erytech announced that Akkadian initiated proceedings to postpone the vote , scheduled on 23 June, on the merger with Pherecydes. The merger would see Pherecydes absorbed into publicly listed Erytech, with Pherecydes shareholders receiving 15 new Erytech shares for every four of their current shares.

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3 Ways to Buy Bitcoin Safely Now

Financial Analyst Insider

You can buy Bitcoin with cash through ATMs or by meeting a seller in person, but those methods are only available to certain people. If The post 3 Ways to Buy Bitcoin Safely Now appeared first on Financial Analyst Insider.

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What Happened To Brookfield Renewable Partners Stock Tuesday?

Benzinga

Brookfield Renewable Partners L.P. (NYSE: BEP ) shares traded lower Tuesday after the company announced plans to acquire Duke Energy Renewables. What To Know: Brookfield has agreed to acquire Duke Energy Renewables for $1.05 billion in equity proceeds. The company also announced $650 million in equity offering allocations, consisting of 8.2 million limited partnership units at.

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FCF Interest & Corporate Loan Monitor Q1/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is pleased to publish the new “FCF Interest & Corporate Loan Monitor Q1/2023”. FCF regularly conducts comprehensive research regarding the German corporate loan and interest market, based on publically available. Read more The post FCF Interest & Corporate Loan Monitor Q1/2023 published appeared first on FCF Fox Corporate Finance GmbH.

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Obtaining a Heavy Equipment Appraisal

Peak Business Valuation

Obtaining a heavy equipment appraisal is essential to buy , sell , or finance a business with machinery and equipment. Peak Business Valuation is a trusted provider of heavy equipment appraisals. We offer a comprehensive and accurate assessment of the value of your assets. In this article, we discuss how Peak conducts a heavy equipment appraisal. By understanding the appraisal process, you can make informed decisions for your company.

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Core & Main Acquires J.W. D'Angelo For Undisclosed Sum

Benzinga

Core & Main Inc (NYSE: CNM ) has entered into a definitive agreement to acquire J.W. D'Angelo Co Inc (Dangelo Co) for an unknown sum. Dangelo is a fire protection and waterworks products service provider with three locations in Southern California. Dangelo's products include. Full story available on Benzinga.

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Latham-Led Bunge Inks $18B Deal For Fellow Grain Co Viterra

Law 360 M&A

St. Louis-based grain and seed supplier Bunge Ltd. said Tuesday it has agreed to buy Netherlands-based global grain trader Viterra in a deal worth roughly $18 billion, including debt.

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Bunge Inks Merger Deal With Glencore's Viterra - What's On The Cards?

Benzinga

Bunge Ltd (NYSE: BG ) disclosed an agreement to acquire Glencore PLC 's (OTC: GLNCY ) Viterra Limited in a stock and cash transaction. As per the terms, Viterra shareholders would receive around 65.6 million Bunge shares worth $6.2 billion and about $2.0 billion in cash. Also, Bunge will assume $9.8 billion of Viterra debt related to approximately $9.0 billion of highly-liquid Readily Marketable Inventories.

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Comparable Company Analysis – Pros and Cons

Valutico

Comparable Company Analysis – Pros and Cons Comparable company analysis (CCA) is a popular approach to valuing a company, especially in accounting, M&A, investment banking and corporate finance fields. It involves comparing a company’s financial metrics to those of its peer companies to determine its valuation. However, while a CCA can provide a useful snapshot of a company’s value, it has both pros and cons.

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Phoenix Canada Oil Co. Completes Reverse Takeover Transaction With ZYUS Life Sciences

Benzinga

ZYUS Life Sciences Corporation (formerly, Phoenix Canada Oil Company Limited (“PCO”)) announced the completion of reverse takeover transaction (the “RTO”) with ZYUS Life Sciences Inc. (“former ZYUS”) in accordance with the terms of an arrangement agreement dated November 15, 2022, as amended, pursuant to which PCO and former ZYUS completed a business combination by way of a plan of arrangement.

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FCF at Hinterland of Things 14. Juni 2023 in Bielefeld

Fox Corporate Finance

More than 100 speakers, leading heads of the startup and tech scene, international investors, and decision makers from medium-sized and traditional companies will meet on June 14 in Bielefeld for one of the most renowned. Read more The post FCF at Hinterland of Things 14. Juni 2023 in Bielefeld appeared first on FCF Fox Corporate Finance GmbH.

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Duke Energy Divests Utility-Scale Commercial Renewables Unit To Brookfield For $2.8B

Benzinga

Duke Energy Corporation (NYSE: DUK ) reached an agreement to sell its unregulated utility-scale Commercial Renewables business to Brookfield Renewable Partners L.P. (NYSE: BEP ) at an enterprise value of approximately $2.8 billion. The agreement includes more than 3,400 megawatts (alternating current) of utility-scale solar, wind, and battery storage across the U.S., among others.

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Author Talks: It’s not about me, is it?

Mckinsey and Company

David Moinina Sengeh explains why the fight for inclusion requires a radical approach—a change in mindset, methods, and laws to create a more just world—and why there’s no better time than now.

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SMART Global Divests 81% Stake In Brazil-Based Unit For $166M In Cash

Benzinga

SMART Global Holdings, Inc (NASDAQ: SGH ) unit SMART Modular Technologies (LX) has agreed to sell an 81% interest in SMART Brazil to Lexar Europe B.V. for approximately $166 million in cash. Lexar Europe is an affiliate of Shenzhen Longsys Electronics Co., Ltd. The purchase price values 100% of SMART Brazil at an initial enterprise value of $205 million.

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2022 ESG Report: Creating a more sustainable, inclusive, and growing future for all

Mckinsey and Company

Our annual environmental, social, and governance (ESG) report captures our measurable progress toward driving positive, enduring change in the world.

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