Skip to main content

Posts

Showing posts from October, 2023

Time For a Coffee Cartel?

As long as developed countries actively impede their developing-country counterparts ability to make money from the coffee they produce, exporters in the Global South have little choice but to take m…

Exclusive-Asia PE firm Affinity halts continuation fund plan -source

s By Kane Wu, Yantoultra Ngui and Scott Murdoch HONG KONG/SINGAPORE (Reuters) - Hong Kong-based Affinity Equity Partners has paused plans to launch a so-called continuation fund enabling itself and it…

Why Adding More Women To The Boardroom Is Key For Success And Higher ROI

Experienced CEO and founder of How Women Lead, venture capitalist and sought-after speaker on female entrepreneurship. getty The past years bank collapses, return-to-office controversies, activist …

China Property: Private Equity#39;s role is the new hot potato

Chinas property sector is struggling to halt its unprecedented decline. The biggest developers have gone into default. What will happen to private equity that had enthusiastically bought into real es…

Certares’ Internova: Behind Its Strategy for Luxury Travel Agencie

s Internova Travel Group, a network of travel agencies owned by private equity firm Certares, plans to expand its investments in the luxury space. That will help give its more than 100,000 travel advis…

Unilever’s Sale Of Dollar Shave Club Feels Like A Celebrity Divorce

Dollar shave club refill: the thrill is gone (Photo by Smith Collection/Gado/Getty Images) Gado via Getty Images Unilever announced yesterday that it sold control of Dollar Shave Club to private eq…

Does Sony Need to Respond to Microsoft’s Activision Blizzard Buyout?

Does Sony need to respond to Microsofts eye-watering $69 billion purchase of Activision Blizzard? Thats the question on everyones mind in the video game industry as the Xbox maker splashes the cash o…

What Private Equity Does to Hospital

s Riverton, Wyoming, a city of about 11,000 people at the feet of the Wind River mountain range, seems far away from the world of Big Finance. Yet like so much of America, Riverton has become well acqu…

New Report Aims To Protect Small Cannabis From Corporate Takeover

FILE - In this Aug. 11, 2016, file photo, assistant manager Jaclyn Stafford arranges glass display ... [+] containers of marijuana on shelves at The Station, a retail and medical cannabis dispensary,…

Why Thunderful Games is embracing Xbox Game Pass, and the future of indie development with Agostino Simonetta

Once upon a time, Xbox was the subject of criticism for how it was treating smaller, independent developers. A variety of developers effectively swore off working with the firm again during the Xbox …

How To Keep Supporting DEI At Your Company

DEI, Diversity, equity, inclusion symbol. Wooden blocks with words DEI concept getty Four months after the Supreme Court chose to gut affirmative action at colleges and universities, despite two-th…

The Big U.S

Footprint on Oil Production Just Got Bigger Two of the largest U.S. oil producers are shaking up what was looking like a sluggish year for mergers and acquisitions. First, out of the deal gate, Exxon Mobil made a bold move, agreeing to acquire…

5 Mistakes That Can Destroy Your Business And How To Avoid Them

There are five things leaders must avoid to prevent business failure. getty Fifty percent of businesses fail by their fifth year of operations. Serial entrepreneur, investor and lawyer Patrick Espo…

Wyndham comes out swinging against ‘desperate grab’ takeover offer from Choice Hotel

s When you grow up in the South like I did, you learn there's a difference between mad and spittin' mad. Wyndham Hotels & Resorts leadership appeared to be the latter in response to repeated advan…

Accredited Investors: Who’s In, Who’s Not

Founder/CEO of Next Generation Trust Company, a trust company specializing in custodial & administrative services for Self-Directed IRAs. getty A recent article in Financial Planning shared tha…

Startup Stakeholders See Early Returns From Secondary Share

s business man investor handshake with global network link connection and graph chart stock market ... [+] diagram and city background, digital technology, internet communication, teamwork, partnership…

Wells Fargo sells stakes in Minneapolis-based legacy Norwest units in $2B deal

Wells Fargo & Co. sold off $2 billion in private equity investments that it has held since its 1998 merger with Minneapolis-based Norwest Corp. bank. "With this transaction, we are continuing wi…

Struggling Corporate Borrowers Turn to Private Credit to Defer Interest

(Bloomberg) -- Companies that need to refinance hundreds of billions of dollars of floating-rate loans stemming from the cheap-money era are increasingly tapping private credit funds for high-cost de…

Activist investor Nelson Peltz is back to demand a Disney board seat after quadrupling his shareholding

Eight months after dropping his bid to join Walt Disneys board, Nelson Peltz has changed his mind. The activist investor is backwith a bigger stake at the companyto ask for a seat at the boardroom ta…

Why VC Firm General Catalyst Wants To Spend Billions To Buy A Hospital System

Marc Harrison, CEO, Healthcare Assurance Transformation Corporation. General Catalyst In 2022, Marc Harrison decided to leave what he had previously called "the best job in healthcare" as the CEO o…

Christine McVie estate sells her stake in Fleetwood Mac's music to a private-equity firm

Nearly one year after her death, the estate of Christine McVie has sold the rights to songs she made with Fleetwood Mac. The Newark, N.J.-based investment firm HarbourView Equity Partners is behind…

Wall Street warning: Ray Dalio, Jamie Dimon, Larry Fink issue grim outlooks for the global economy

Ray Dalio.Eoin Noonan/Getty Images Wall Street leaders issued grim economic outlooks at an event in Saudi Arabia on Tuesday. Ray Dalio, Jamie Dimon, David Solomon, Larry Fink, and … [+4819 chars]

Wall Street Has Been Quietly Cutting 20,000 Jobs In 2023

(Photo by Spencer Platt/Getty Images) Getty Images The top banks in the United States have been quietly cutting 20,000 employees throughout 2023, and more job losses are coming, according to CNBC. …

Recent mega-mergers could signal a turning point for the US oil industry

Two of the largest oil companies in the United States — and the world — recently completed massive transactions that could potentially usher in a new era for the petroleum industry. The first to make…

Creative And Media’s Much-Needed Merger

Despite efforts at consolidation, traditional agency holdcos remain fragmented on the inside and often confusing to marketers on the outside. WPPs recent agency reorgs are classic examples of this p…

Taming Complexity with IT Mapping: 10 Business Benefit

s IT environments are growing more and more complex, and at the same time, more critical to business operations. It is becoming critical to break down this complexity, to ensure IT teams can properly m…

Big Oil Is Only Getting Bigger—and Meaner

Legality of corporate consolidations aside, the buyout is a troubling indication that the industry sees little reason to change course. Despite the rapid growth of solar power, especially, global fos…

Can A Family Office-Backed Acquisition Save The Healthcare System?

Telemedicine Jackie Niam - stock.adobe.com The current state of the economy poses various difficulties for dermatologists and their patients. Many medical practices seek to provide top-notch care w…

BofA Increases Profits And Warns That Consumer Spending Is Slowing

Bank of America's profit rose 10% in the third quarter from a year earlier, boosted by gains with higher interest rates. The second-largest U.S. bank posted a net income of $7.8 billion in the quart…

Chevron and Exxon Might Have Kicked Off an Oil Land Grab

The smell of mergers and acquisitions is in the air following more than $110 billion worth of oil megadeals this monthChevrons agreement to buy Hess and Exxon Mobils deal for Permian giant Pioneer …

Private Equity is Slightly Broken

Private Equity cant find the exit. The PE game has a standard playbook: Investors give money to firms, which buy controlling stakes in oft-struggling companies. The target companies are restructured…

Leaving Government for the Private Sector – Part 2

Laura Thomas is a former CIA operations officer. Reading how she moved in 2021 from CIA ops to a quantum technology company offered insightful career transition advice for those leaving her agency. M…

Forbes Daily: Fox Enters A New Era With Murdoch Succession

This is a published version of the Forbes Daily newsletter, you can sign-up to get Forbes Daily in your inbox here. Good morning, Its time for the yearly tradition of throwing baby puffins off clif…

A new benefit at top companies: College admissions counseling

Shannon Vasconcelos works for College Coach, a division of child care operator Bright Horizons that provides college admissions advising as a benefit for employees of client companies. Kirk Carapezz…

BDCs Put 10%+ Private Equity Yields In The Working Man’s Pocket

Piggy bank on money concept for business finance, investment, saving or retirement fund getty Lets talk income investments that are usually reserved for rich folks: deal-making private-equity (PE) …

Food delivery apps ripe for consolidation

Food delivery and ride-hailing platform operators are expanding their businesses amid a stagnant economy, mainly through mergers and acquisitions, cross-platform collaborations, and planned initial p…

They are solving for the equilibrium

The Affordable Care Act of 2010 limited the profits of health insurers to between 15% and 20% of collected premiums, depending on the size of the health plan. But it imposed no restrictions on what p…

The Big Story: The Sorta SSP

Consolidation in programmatic is taking many forms. Acquisitions, bankruptcies and mergers are reducing the number of DSPs and SSPs; supply-path optimization is cutting down reselling, which means le…

How A Flat-Fee Model Can Create Long-Term Value For Client

s Partner/Managing Director, NewEdge Wealth. getty The traditional model for financial planning and wealth management firms is straightforward: the client pays to work with a broker-dealer or investm…

Democrats have relied on one company's tools to power its campaign

s. They're now facing a possible collapse. Im hoping that Im wrong, that were all wrong, that everyones fine, said a former NGP VAN employee, granted anonymity to speak candidly about their former employer. But this could mean something reall…

No one saw Pokémon’s American Psycho parody coming

Bet you didnt have The Pokémon Company doing an American Psycho parody on its social media on your bingo card for this Friday. But this is the reality we live in, where a Marshtomp plush stands in fo…

$143 billion in AI investment by 2027

Don’t miss OnPodcast this Sunday! Michael Garrish: Really useful - when I was working in mergers, acquisitions and divestment, as well as managing the migration of resources from one company to another, our own project resources (Tea…

34 Lawmakers Say Strikes Put Pensions at Risk, Worker Demands Must Be Met

On the Clock is Motherboard's reporting on the organized labor movement, gig work, automation, and the future of work. Dozens of Arizona elected officials wrote a letter this week asking their state…

Morgan Stanley Earnings Top Estimate

s (Photo by Mario Tama/Getty Images) Getty Images Key Takeaways Morgan Stanleys Q3 results came in above expectationsEven so, profit was down 9% with poor results in the wealth mana… [+4572 chars]

The Increasing Financialization of Germany

The CEO of Germanys Commerzbank says Germany needs structural changes and modernization. The prescription from Manfred Knof, which boils down to digitalizing the German workforce to reduce the costs … https://www.nakedcapitalism.com/2023/10/the-increasing-financialization-of-germany.html

Rentokil’s Share Price Slumps 14% As North American Market Cool

s Photo credit should read /AFP via Getty Images AFP via Getty Images Pest control expert Rentokil Initials share price collapsed on Thursday as it warned of toughening trading conditions in North Am…

International Market Entry Strategies For Businesse

s Salvador Ordorica is the CEO of The Spanish Group LLC, a first-class international translation service that translates over 90 languages. getty In today's interconnected world, businesses are const…

Experts Ponder, Why Aren’t There More ESOPS?

With the preponderance of research on employee ownership demonstrating it generates superior performance and growth, improved culture and engagement, and distinctive wealth building for workers, why …