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Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

On the alternative energy front, as money has flowed into these companies, there has been a surge in enterprise value (equity and net debt) and market capitalization (equity value); I report both because impact investing can also take the form of green bonds, or debt, at these companies.

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ISS Discusses Largest Securities-Related Class Action Settlements of 2023

Reynolds Holding

in August 2019, wiping out about $36 billion in market capitalization. In the asserted transaction valued at $24 billion, Dell’s controlling shareholders – Michael Dell, Egon Durban, and the private equity firm Silver Lake – allegedly expropriated $10.7 in November 2015 to $26.50

Banking 59
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ISS Discusses the Largest Class Action Settlements of 2022

Reynolds Holding

settlement within this report to resolve in a state court, this breach of fiduciary duty action is related to allegations Clayton Dubilier & Rice LLC, a private equity firm, secured a $2.6 billion loss in market capitalization after December 2017 disclosures. The only top U.S.

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Cooley’s 2023 Activism Year in Review: Wolfpacks at the Gate

Cooley M&A

a sale, divestiture, change in strategy or management, return of capital to shareholders, etc.). To that end, many top activists stay close to private equity firms (or even activist buyout funds) to assess targets ripe for an M&A campaign. Preparing “break the glass” communications plans.

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Weekly Valuations: Morrissons

Valutico

Earlier this month British grocer Morrisons rejected a £5.5bn takeover bid by US Private Equity firm Clayton, Dubilier & Rice. The UK’s fourth-largest supermarket, with 118,000 staff, said the offer “significantly undervalues” the firm. link to the valuation ).

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Invisible, yet Invaluable: Valuing Intangibles in the Birkenstock IPO!

Musings on Markets

A more tangible way to see why intangibles have become a hot topic of discussion is to look at the evolution of the top ten companies in the world, in market capitalization, over time: In 1980, IBM was the largest market cap company in the world, but eight of the top ten companies were oil or manufacturing companies.

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The Indian Smartphone Revolution: Paytm's Coming of Age IPO!

Musings on Markets

While that categorization would have worked at the time, it is quite clear that the technology sector today is not only a dominant segment of the market (accounting for the largest slice of the S&P 500 market capitalization pie), but is also home to a wide array of companies.