Hints and tips:
...Getty’s deal with CC Neuberger Principal Holdings II gives it an implied enterprise value to forward adjusted ebitda of about 15 times....
...The China discount, part II I wrote about the China discount a couple of weeks ago. My conclusion then — following experts who understand China a lot better than I do — was incomplete at best....
...Liberal activists, including the Democratic congresswoman Alexandria Ocasio-Cortez, called for a boycott of Goya products....
...A young Hispanic congresswoman not a little reminiscent of Alexandria Ocasio-Cortez asks why so much money is being spent on the project when she has constituents on food stamps....
...In late April, Hertz owed $135m to the HVF II ABS program “to maintain compliance with its funding ratios.”...
...There may yet be second and third waves of the pandemic, which pose the very real risk that sovereign debt could reach World War II levels before we know it....
...“In the case of war, this continues a bumpy decline in the rate of deaths from war that began after World War II....
...Uber’s latest overture could attract antitrust scrutiny at a time when lawmakers such as Elizabeth Warren and Alexandria Ocasio-Cortez are proposing a moratorium on big mergers....
...In a country where the boundaries between state and private enterprise are already blurred it doesn’t seem all that surprising....
...Soon, a @wayfairwalkout Twitter account was chronicling striking workers filling a Boston square, customers were urging each other to #boycottWayfair and Democratic congresswoman Alexandria Ocasio-Cortez...
...All of these stocks had proven growth records, continual increases in dividends (virtually none had cut its dividend since World War II), and high market capitalization....
...Robert Bork, the judge and legal theorist who pioneered this in 1978, dubbed it “the antitrust paradox” — large enterprises can be good for economic efficiency....
...MTM Enterprises had its own uneasy relationships....
...Following the determination of the Final Common Share Count, it was determined that TIBCO’s implied enterprise value in the merger was approximately $4.2 billion and not $4.3 billion as reported in the press...
...Commercial space enterprises, it seems, would prefer it if sovereign states became dependent on private enterprise instead – the surest way of exposing Earth to the risk of a megalomaniac that wants to rename...
...In one sense, we have the worst of both worlds: octopus-like oversight of banks which are becoming more like regulated utilities, but which still see themselves as profit-seeking enterprises....
...(The illustrative enterprise value is simply calculated by applying an Enterprise Value/EBITDA multiple to the pro forma EBITDA, including synergies.)...
...The company’s largest shareholder is SKM II, a fund connected to Saunders Karp & Megrue, which merged with Apax in 2005, giving it a foothold in the US....
...In Ahmedabad, the IT sector has been cultivated using stamp duty and electricity duty exemptions for units in IT parks and special enterprise zones....
...The Psion device, in particular the Psion Organiser II, was much loved by computer buffs in Britain in the 1980s....
...Some academics, particularly Marxists, give credit to this corporatist structure for the economic success Argentina experienced after World War II....
...Danny Garrod, analyst at Barclays Capital, says that the enterprise value of the deal – that is, adding in net debt at LCH.Clearnet – implies an ebitda of 6.8 times, with a price/earnings multiple of 11.5...
...Dodd-Frank, Solvency II, Basel III, and the UK Bribery Act all have big IT compliance implications – changes to how data is managed, systems configured, reporting, and policies....
...Mifid had discouraged citizens and small- and medium-sized enterprises from investing on the capital markets, “favouring their ‘re-intermediation’ by financial intermediaries”....
...One more excerpt from Barcap: Private lenders are much less willing to take on the credit risk of mortgage lending, and even credit standards on mortgages backed by the government-sponsored enterprises...
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