Harvard Corporate Governance

DECEMBER 19, 2023

Posted by Mike Kesner, Ed Sim, and Ben Stradley, Pay Governance, on Tuesday, December 19, 2023 Editor's Note: Mike Kesner is a Partner, Ed Sim is a Consultant, and Ben Stradley is a Managing Partner at Pay Governance. This post is based on their recent article. Related research from the Program on Corporate Governance includes Executive Compensation as an Agency Problem , Pay without Performance: The Unfulfilled Promise of Executive Compensation , and Paying for long-term performance (discussed

Compliance 208

Compliance 208

Mckinsey and Company

DECEMBER 19, 2023

Generative AI has the potential to widen the racial economic gap in the United States by $43 billion each year. But deployed thoughtfully, it could actually remove barriers to Black economic mobility.

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Harvard Corporate Governance

DECEMBER 19, 2023

Posted by Richard Alsop, Shearman & Sterling LLP, on Tuesday, December 19, 2023 Editor's Note: Richard Alsop is a Partner at Shearman & Sterling LLP. This post is based on his Shearman memorandum. BOARD EFFECTIVENESS – TRADITIONAL APPROACHES Maximizing board effectiveness has been an ongoing and somewhat elusive corporate governance objective for U.S. corporate boards, executives and stockholders.

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Mckinsey and Company

DECEMBER 19, 2023

Elevated interest rates weigh on consumer confidence; central banks hold rates, except in Brazil (down) and Russia (up); inflation subsiding for now and is negative in China; growth subdued in Europe.

Banking 120

Banking Corporate Finance Finance 120

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

ThomsonReuters

DECEMBER 19, 2023

Jump to: How do renewable energy tax credits work? What renewable energy tax incentives does the IRS offer for individuals vs. businesses? Overview of clean energy credits by energy type Helping clients with renewable energy credits In recent years, the U.S. and other countries around the world have placed a growing emphasis on sustainability and green energy.

Start-ups 110

Start-ups Compliance Technology Finance 110

Benzinga

DECEMBER 19, 2023

O'Reilly Automotive, Inc (NASDAQ: ORLY ) said it has entered into a definitive stock purchase agreement with the shareholders of automotive parts distributor and marketer Groupe Del Vasto , headquartered in Montreal, Quebec, Canada. O'Reilly will acquire all of the outstanding shares of Groupe Del Vasto and. Full story available on Benzinga.

Marketability 98

Marketability Equity 98

Mckinsey and Company

DECEMBER 19, 2023

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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NYT M&A

DECEMBER 19, 2023

Dylan Field believed that selling his software company to a bigger rival would be good for competition and consumers. Regulators saw it differently.

Mergers & Acquisitions 82

Mergers & Acquisitions Marketability 82

Mckinsey and Company

DECEMBER 19, 2023

For retailers, battling shrink requires a data-informed, collaborative, store-by-store approach. The payoff: higher profits and better customer experience.

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Financial Times M&A

DECEMBER 19, 2023

Anadolu Efes will not pay for the share with western companies continuing their difficult exit from Russia

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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

Mckinsey and Company

DECEMBER 19, 2023

The healthcare services sector has seen rapid growth over recent years. Despite the challenges organizations may face in 2024, opportunities for the sector still abound.

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Benchmark Report

DECEMBER 19, 2023

Midway through the year, I published an article titled "Don't Panic – The M&A Outlook in 2023," which aimed to calm nerves amid the prevailing uncertainty in the market. As we approach the close of the year, it is evident that the US economy has defied the gloomy predictions that loomed at the beginning of 2023, steering clear of a recession. The resilience is remarkable, and a deeper dive into the dynamics reveals some interesting trends.

Marketability 59

Marketability Equity 59

Mckinsey and Company

DECEMBER 19, 2023

Five considerations for payer executives as they navigate potential challenges in 2024 and position themselves for future growth.

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Financial Times M&A

DECEMBER 19, 2023

US private equity firm is seeking to diversify and grow its asset base ahead of possible listing

Private Equity Firm 88

Private Equity Firm Equity 88

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

Mckinsey and Company

DECEMBER 19, 2023

Health systems may face a challenging year ahead, with increasing competition from nontraditional players, workforce shortages, and demands for new capabilities. However, these challenges also present opportunities for leaders to focus on resilience, find efficiencies, and take a multilever approach to growth.

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Financial Times M&A

DECEMBER 19, 2023

Madrid issues order for purchase to provide ‘shareholding stability’ for national champion

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Mckinsey and Company

DECEMBER 19, 2023

Kara Hurst, Chief Sustainability Officer at Amazon, talks about scaling Amazon’s sustainability initiatives, including increasing its focus on nature-based solutions to benefit communities.

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Avanade

DECEMBER 19, 2023

Based on Avanade’s experience introducing AI to companies around the world, we can offer real-world and risk-adverse ways to begin to experience the benefits of AI in safe and practical ways.

Banking 52

Banking 52

Mckinsey and Company

DECEMBER 19, 2023

New data shows that operating model maturity is directly correlated with strong business performance outcomes.

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Equilest

DECEMBER 19, 2023

Delve deeper into the intricate world of ESOP valuations and discover the strategic insights that go beyond the surface. Uncover the finer nuances of financial performance, valuation methods, and regulatory considerations that shape the landscape of employee stock ownership plans. Read more to empower your understanding and make informed decisions in navigating the complexities of ESOP valuations for the future success of your business.

Discounted Cash Flow 52

Discounted Cash Flow Fair Market Value Comparable Company Analysis Compliance 52

Mckinsey and Company

DECEMBER 19, 2023

The US healthcare industry faces continued uncertainty in 2024, but healthcare leaders can seize opportunities for innovation and improvement. Building resilient and agile organizations will be crucial for success in this challenging environment.

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Law 360 M&A

DECEMBER 19, 2023

Foundation Building Materials Inc. and advisers to its $1.4 billion merger with private equity firm American Securities LLC pushed back Tuesday on shareholder allegations that a $75 million side deal that the construction products distributor struck with its controlling shareholder violated Delaware law.

Private Equity Firm 52

Private Equity Firm Equity 52

Exit Strategy

DECEMBER 19, 2023

Global M&A deal value nearly reached a 10-year low in Q3 2023 (Q2 2020 excepted). Deal count and total deal values both declined, as shown in this graph produced by Pitchbook. And these declines were evident across almost all most industry sectors and among all types of acquirers and sellers. However, several factors are pointing […] The post Expect M&A to Recover in 2024 appeared first on Exit Strategies Group, Inc.

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ThomsonReuters

DECEMBER 19, 2023

Jump to: What environmental tax breaks are available? What is Form 5695? What is Form 843? What is Form 6627? Helping your clients with claiming environmental tax credits As sustainability initiatives gain momentum, the IRS continues to encourage environmentally conscious actions through a range of tax incentives. These environmental tax breaks are designed to motivate individuals and businesses to adopt practices that contribute to a greener future.

Compliance 52

Compliance Finance Technology 52

Law 360 M&A

DECEMBER 19, 2023

When U.S. Steel agreed to sell to Japan's Nippon Steel Corp. in a $14.9 billion deal, CEO David B. Burritt called the combination "best for all," but a growing bipartisan effort says it's actually bad for both American workers and the U.S. trade deficit.

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ThomsonReuters

DECEMBER 19, 2023

Jump to: What are green taxes? How are environmental taxes calculated? Current ESG tax credits and initiatives What are the benefits of an ESG tax strategy? ESG tax reporting and audits Opportunities for accountants in green taxes To encourage individuals and businesses to make environmentally friendly choices, the IRS offers Environmental, Social, and Governance (ESG) tax incentives that promote sustainable practices and discourages activities that harm the environment though what’s

Compliance 52

Compliance Finance Accounting Firms Marketability 52

Law 360 M&A

DECEMBER 19, 2023

A shareholder in real estate investment trust Spirit Realty Capital wants to halt a vote on a $9.3 billion proposed merger with Realty Income Corp., alleging in a lawsuit filed in Michigan federal court that the companies filed incomplete registration statements with the U.S. Securities and Exchange Commission in violation of the Securities Exchange Act.

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ThomsonReuters

DECEMBER 19, 2023

Jump to: What are the tax credits available for electric vehicles? How does the electric vehicle tax credit work? How to claim electric vehicle tax credits Helping your clients with EV tax credits As the world shifts towards sustainable transportation, the IRS and many states are incentivizing the adoption of electric vehicles (EVs) through various tax credits.

Compliance 52

Compliance Finance 52

Law 360 M&A

DECEMBER 19, 2023

A New Jersey man was sentenced to six months of house arrest in Manhattan federal court Tuesday for trading on merger tips gleaned from the files of a Covington & Burling LLP associate, the second non-incarceratory term to be handed down in the takedown of the insider trading ring.

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Benzinga

DECEMBER 19, 2023

CSI Compressco LP (NASDAQ: CCLP ) disclosed its acquisition by Kodiak Gas Services, Inc (NYSE: KGS ) in an all-equity transaction valued at approximately $854 million, including the assumption of $619 million of net debt, based on the closing price of Kodiak's stock on December 18, 2023. As per the deal, CSI Compressco unitholders will receive 0.086 shares of KGS common stock for each unit they own, representing a price of about.

Net Debt 52

Net Debt Equity Marketability 52

Law 360 M&A

DECEMBER 19, 2023

A Delaware bankruptcy judge on Tuesday signaled she would approve biotechnology company Zymergen's asset sales to two bidders as part of its Chapter 11 liquidation plan, under an agreement whereby the debtor's parent will acquire most of the business.

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Benzinga

DECEMBER 19, 2023

Genesis won a bid to block its parent company, the Barry Silbert -led Digital Currency Group (DCG) , from selling or reducing ownership in the company. What Happened : Until Genesis closes its Chapter 11 proceedings, it can receive certain tax benefits which will be applicable only if the company remains part of the larger tax-consolidated group under the DCG banner.

Marketability 52

Marketability 52

Law 360 M&A

DECEMBER 19, 2023

Australia's Hancock Prospecting and Sociedad Química y Minera de Chile, or SQM, said Tuesday they are teaming up on a A$1.7 billion ($1.1 billion) bid to buy Azure Minerals Ltd., a surprise collaboration after it appeared in October that Hancock might be looking to thwart SQM's efforts to buy Azure.

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Benzinga

DECEMBER 19, 2023

Australian lithium producer Allkem ‘s (ASX: AKE) shareholders voted in favor of a $10.6 billion merger with U.S. lithium giant Livent (NYSE: LTHM ), marking the creation of Arcadium Lithium — the world’s third-largest lithium company. Approximately 72% of voting shareholders approved the deal proposed in May. The newly-created entity will have a substantial global footprint, operating across important commodity hubs like Australia, Argentina and Canada.

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