Hints and tips:
...elaborated on his ambitions on BlackRock’s most recent earnings call in October, saying: “[If] you look back when we did the big transactions, there was a lot of market unsettlement and I think there is quite a bit...
...The US government has codified its scepticism in revised “merger guidelines”....
...At HSBC’s offices the mood may be a bit cheerier: the group stands out for increasing its company-wide bonus pool by 12 per cent....
...And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
...How much that is exactly will be up to the court and there’s a bit of a balancing act to perform....
...Bloomberg) Fund managers urge European regulators to mirror US move to T+1 (FT) Thomas Cook owner Fosun to sell brand to Poland’s eSky (SKY News) UK government vows to protect litigation funding that helped sub-postmasters...
...I have taken financials out because the long-term growth data for the sector is spotty due to mergers: The massive gap in communications growth rates is attributable to the fact that in Europe that sub-index...
...Getting rid of the company’s 25/75 weighting of 2024 and 2025 results, and shifting all weight to 2025, boosts the share price a bit, to $36....
...The canned explanation is companies “labour hoarding”, which feels unsatisfying to us, a bit like saying a car moved because the wheels spun. Have a better explanation?...
...Remember that at the time, Musk was arguing that Twitter had breached the merger agreement because of bots or whatever....
...Hovenkamp: That’s an engineering issue that’s a little bit over my pay level....
...One paper in this area caught my eye recently, “Standardizing and Unbundling the Sub Rosa DIP Loan”, co-authored by researchers Kenneth Ayotte and Alex Huang of UC Berkeley School of Law....
...The TSE’s ambitions are not just meant for the worst-run Japanese companies, those with a sub-1 price/book ratio....
...“The big picture here is snacking is a very attractive category for us to be in and the growth rate has changed a bit during Covid, but accelerated nicely,” Clarke said....
...MIKE MAYO: The merger between Citi and Travellers is one of the worst big bank mergers in history....
...While mergers between asset managers have often proven unsuccessful, Rossi said they will become more frequent as firms try to cope with pressure on their fees....
...At this stage, it appears things got a little bit spiteful: 55. Walkers argued and produced evidence that, in India, poppadoms may be made with potato in some regions....
...Delaware court filings show Tornetta in 2019 had sued Pandora and Sirius XM over their merger whose terms he believed short-changed Pandora shareholders....
...Icahn scores a point against Illumina On the back of a bruising short seller attack by Hindenburg Research and a string of epic losses, Carl Icahn finally got a bit of good news....
...On Nvidia’s calculation, the stock looks less expensive — 133 times trailing earnings rather than 212 times, a bit cheaper than Cisco was....
...Markets are a bit less sure of themselves The inflation forecasters we follow are sounding unsure about today’s January CPI numbers....
...He said the eventual initial public offering of Sony Financial was likely to be used to help fund “aggressive merger and acquisition” activity by the company....
...Today, China appears no closer to invading the island, and the discount to peer firms has closed a bit, to 17 times forward earnings....
...(Goonhammer) — Militarised adaptation: trade, energy and war ecology (Phenomenal World) — Bit late to this, but Tim Barker FOIA’ed and published a rather interesting 1996 memo from Janet Yellen....
...Although mega tech mergers came with heightened scrutiny these days, acquisitions remained a “key part of our strategy”, Tan said....
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