Fri.Dec 02, 2022

The Director’s Guide to Shareholder Activism

Harvard Corporate Governance

Posted by Maria Castañón Moats, Paul DeNicola, Matt DiGuiseppe, PricewaterhouseCoopers LLP, on Friday, December 2, 2022 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Matt DiGuiseppe is Managing Director at the Governance Insights Center at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

How personalization at scale can invigorate Asian insurers

McKinsey Public & Social Sector Insights

The surge in digital consumer interactions is making possible a new era of gathering, analyzing, and responding to individual customer data strategically and with precision. Insights on Financial Services Insurance Asia-Pacific Digital strategy and organization Analytics

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Weekly Roundup: November 25-December 1, 2022

Harvard Corporate Governance

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, December 2, 2022 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of November 25-December 1, 2022. Lessons from the Chancery Court Decision in P3 Health Group. Posted by Gail Weinstein, Steven J. Steinman, Brian T. Mangino, Fried, Frank, Harris, Shriver & Jacobson LLP, on Friday, November 25, 2022.

Equity 101

2022 Year-End Reminders Regarding Common Fringe Benefits

Trout CPA

As 2022 draws to a close, employers should review whether they have correctly included the value of common fringe benefits in their employees’ and (if applicable) 2% S corporation shareholders’ taxable wages.

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SEC Adopts Amendments to Modernize Fund Shareholder Reports and Disclosures

Harvard Corporate Governance

Posted by Whitney A. Chatterjee, Donald R. Crawshaw, William G. Farrar, Sullivan & Cromwell LLP, on Friday, December 2, 2022 Editor's Note: Whitney Chatterjee , Donald Crawshaw , and William G. Farrar are Partners at Sullivan & Cromwell LLP. This post is based on a Sullivan & Cromwell memorandum by Ms. Chatterjee, Mr. Crawshaw, Mr. Farrar, Eric M. Diamond , Joseph A. Hearn , and Frederick Wertheim.

Seven Steps for a Trustee to Review an ESOP Business Valuation / Appraisal

Gergory Caruso

One of the most important roles the Employee Stock Ownership Plan (ESOP) Trustee has is to determine the stock price for the ESOP plan at the time of the initial transaction and then again each year. This is a fiduciary decision that must be made with care and diligence.

Tech startups other than fintech that deserve the spotlight

Vested

When tech startups make headlines, we often hear about one specific type: fintech. startups Launch

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More Trending

Contract Fraud: Dealmakers Still Don’t Get Limits of Disclaimers?

John Jenkins

A recent blog from Weil’s Glenn West reviews a pair of Delaware decisions in which non-reliance, exclusive remedy & non-recourse clauses intended to sharply curtail a plaintiff’s ability to bring fraud claims in connection with an acquisition agreement were at issue. He concludes that despite rather clear guidance from the Delaware courts, these cases suggest […

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Author Talks: Rules of power from Jeffrey Pfeffer to help you get your way

McKinsey Public & Social Sector Insights

Stanford professor Jeffrey Pfeffer shares advice for gaining power through resources, reputation, and relationships. McKinsey on Books Personal effectiveness Leadership

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Fortune Brands Acquires Hardware Businesses From ASSA ABLOY For $800M

Benzinga

Fortune Brands Home & Security Inc (NYSE: FBHS ) has agreed to acquire the Emtek and Schaub premium and luxury door and cabinet hardware business and the U.S. and Canadian Yale and August residential smart home locks business from ASSA ABLOY AB (OTC: ASAZF ) (OTC: ASAZY ).

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Hitting the mark: Why markdowns matter more than ever

McKinsey Public & Social Sector Insights

Many US retailers are reducing prices to clear excess inventory. Smart markdown strategies will make a huge difference to their bottom lines. Retail Insights Retail & Consumer Goods Retail environments Sales

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Rocket Lab Creates Defense-Focused Unit Catering To National Security

Benzinga

Rocket Lab USA, Inc (NASDAQ: RKLB ) formed a U.S.-based based subsidiary to serve the defense and intelligence community. Rocket Lab National Security LLC (RLNS) will deliver reliable launch services and space systems capabilities to the U.S. government and its allies.

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凱悅繼續實施輕資產成長策略,計畫收購Dream Hotel Group

Business Wire M&A

???--(BUSINESS WIRE)--(??????)--??????(Hyatt Hyatt Hotels Corporation, NYSE: H)?Dream Dream Hotel Group????????????????????Dream Dream Hotels?The The Chatwal Hotels?Unscripted Unscripted Hotels?????Dream Dream Hotel Group?????????????????????????????????????????? ??????????12???????????????????24??????????????????????????????????????????1,700????????????????????30%????????????????????????????????2018??2021???Two

52

BorgWarner Acquires Switzerland-Based Engineering Services Provider Drivetek

Benzinga

BorgWarner Inc (NYSE: BWA ) has acquired Switzerland-based engineering and product development services provider Drivetek AG. The transaction has an enterprise value of up to CHF35 million, of which CHF25 million was delivered at closing.

凯悦继续实施轻资产增长战略,计划收购Dream Hotel Group

Business Wire M&A

???--(BUSINESS WIRE)--(??????)--??????(Hyatt Hyatt Hotels Corporation, NYSE: H)?Dream Dream Hotel Group??????????????????????Dream Dream Hotels?The The Chatwal Hotels?Unscripted Unscripted Hotels?????Dream Dream Hotel Group?????????????????????????????????????????? ??????????12???????????????????24???????????????????????????????????????????1,700????????????????????30%????????????????????????????????2018??2021???Two

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Yale Lock Owner Sells Units To Clear $4.3B US Hardware Deal

Law 360 M&A

Swedish locks giant Assa Abloy said on Friday that it will sell some of its businesses to a security company for $800 million in response to opposition from the U.S. Department of Justice over its planned $4.3 billion deal to buy divisions of a home products firm

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Executive Information Systems (“EIS”) and Zencos Join Forces

Business Wire M&A

BETHESDA, MD & CARY, NC--(BUSINESS WIRE)--Executive Information Systems, LLC and Zencos Consulting LLC Join Forces

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PE Biz's £1.8B Bid For Enviro Energy Co. Gets Regulatory Nod

Law 360 M&A

Renewable energy business ContourGlobal said Friday that its £1.75 billion ($2.15 billion) acquisition by a private equity firm has gained regulatory approval to proceed, in a deal guided by Slaughter and May and Simpson Thacher & Bartlett

LRN Corporation已完成對湯森路透旗下Compliance Learning的收購,將打造全球首屈一指的道德與法規遵從學習解決方案提供商

Business Wire M&A

??--(BUSINESS WIRE)--(??????)--LRN LRN Corporation?????“LRN”???????????????????????????????????????????????????(Thomson LRN”???????????????????????????????????????????????????(Thomson Thomson Reuters)????Compliance Compliance Learning?????????“Compliance Compliance Learning”?????????LRN??????????????????????????

Wakeup call: Don’t mistake cyber insurance for cybersecurity

Avanade

Learn about three recommend places to start in designing, implementing and managing a robust cybersecurity initiative for your organization. security

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Generational Equity Advises Inteli-Care in its Sale to 24 Hour Home Care, a Company under TEAM Public Choices

Business Wire M&A

DALLAS--(BUSINESS WIRE)--Inteli-Care, a Generational Equity client, was acquired by 24 Hour Home Care, a brand of TEAM Public Choices

Colliers completes acquisition of Pangea

Benzinga

TORONTO, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management firm Colliers (TSX: CIGI ) has completed its previously announced acquisition of a controlling interest in Pangea Property Partners ("Pangea"), a leading capital markets advisor in Sweden and Norway. Pangea becomes Colliers' new company-owned operation in Norway and will merge with Colliers' existing company-owned operations in Sweden. Full story available on Benzinga.com.

コムゴがGTCを買収し、貿易金融のデジタル化のための世界最大のプラットフォームを構築

Business Wire M&A

???? & ?????--(BUSINESS WIRE)--????????? -- ???????????????????GTC???????????????????????????????????GTC?????120????????????????1?1000?????????????????????????????????????????????????????????????? GTC???????????????????????????????????GTC?????120????????????????1?1000??????????????????????????????????????????????????????????????

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The Ensign Group Acquires Two Skilled Nursing Facilities in Colorado

Benzinga

SAN JUAN CAPISTRANO, Calif., 02, 2022 (GLOBE NEWSWIRE) -- The Ensign Group, Inc.

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Kongo收购GTC,打造全球首屈一指的贸易融资数字化平台

Business Wire M&A

???????--(BUSINESS WIRE)--(??????)--GlobalTrade GlobalTrade Corporation (GTC)?????????????????Komgo???Komgo?GTC????120????????11,000?????????????????????????????????????????? Komgo???Komgo?GTC????120????????11,000?????????????????????????????????????????? Komgo?GTC????120????????11,000??????????????????????????????????????????

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Stran & Company Signs Definitive Agreement to Acquire Premier NYC

Benzinga

Quincy, MA, Dec.

Kongo收購GTC,打造全球首屈一指的貿易融資數位化平臺

Business Wire M&A

???????--(BUSINESS WIRE)--(??????)--GlobalTrade GlobalTrade Corporation (GTC)?????????????????Komgo???Komgo?GTC????120????????11,000?????????????????????????????????????????? Komgo???Komgo?GTC????120????????11,000?????????????????????????????????????????? Komgo?GTC????120????????11,000??????????????????????????????????????????

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JBS USA Enters Agreement to Acquire Certain Assets From TriOak Foods

Benzinga

GREELEY, Colo., 02, 2022 (GLOBE NEWSWIRE) -- JBS USA, a leading global food company, announced it has reached an agreement to acquire certain assets from TriOak Foods, a Midwest-based pork producer, for an undisclosed amount. The two companies enjoy a long-standing business relationship, with JBS USA serving as the exclusive customer of TriOak market hogs since 2017. A family operation established in 1951, TriOak Foods includes live pork production, grain merchandising and fertilizer marketing.

Bachoco Reaches an Agreement to Acquire Norson, in Mexico

Business Wire M&A

CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. Bachoco” or “the Company”) (NYSE: IBA; BMV: BACHOCO), announced today that it has achieved a business agreement to acquire 100% of the capital equity of Norson Holding S. de R.L. of C.V.,

Classified Balance Sheet Vs. Unclassified Balance Sheet - Which is Better for Business Valuation

Equilest

Classified Balance Sheet Vs. Unclassified Balance Sheet - Which is Better for Business Valuation? Let's discuss. This article will discuss the differences between classified and unclassified balance sheets and see which is better for valuing companies. What is A Balance Sheet? The term balance sheet is a financial statement that reports a company's assets, liabilities, and shareholder equity at a specific period. . What is An Unclassified Balance Sheet?

LRN Corporation已完成对汤森路透旗下Compliance Learning的收购,将打造全球首屈一指的道德与合规学习解决方案提供商

Business Wire M&A

??--(BUSINESS WIRE)--(??????)--LRN LRN Corporation?????“LRN”?????????????????????????????????????????????????(Thomson LRN”?????????????????????????????????????????????????(Thomson Thomson Reuters)????Compliance Compliance Learning?????????“Compliance Compliance Learning”??????????LRN??????????????????????????????? LRN??????????????????????????????? LRN????????????????????????????????????????????????????????????????????????????Compliance Compliance Learning?LRN????????????????????????????????????????????2,500???????????????LRN???????????????????????????????????????????????????LRN???????????????????????????????????

VICI Properties Inc. CEO Edward Pitoniak Appears on CNBC’s “Power Lunch”

Business Wire M&A

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today announced that its CEO, Edward Pitoniak, appeared as a featured guest on CNBC’s “Power Lunch” on Thursday, December 1, 2022. Mr. Pitoniak discussed VICI Properties’ recently announced acquisition of the remaining 49.9% interest in the MGM Grand Las Vegas and Mandalay Bay joint venture. Click here to view the appearance. About VICI Properties VICI

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