Discover and read the best of Twitter Threads about #merger
Most recents (11)
The 5 grounds $MSFT Microsoft Activision $ATVI merger appeal filed May 24 & published May 26 vrs UK CMA include 1: The CMA made fundamental errors in its assessment of the parties current position in cloud gaming services by failing to account for constraints from native gaming
Ground 2: The CMA made fundamental errors in its calculation and assessment of market share data for cloud gaming services and as a result failed to take into account relevant considerations in its competitive assessment. $MSFT $ATVI
Ground 3: The CMA’s finding that $ATVI Activision would have been likely to make its gaming content available on cloud gaming services absent the #Merger was irrational and arrived at in a procedurally unfair manner. $MSFT
Last week, @Gizmodo's @lincodega caught a killer scoop - a leake Hasbro's plan to revoke the decades-old #OpenGamingLicense, which subsidiary @Wizards promulgated as an allegedly #open sandbox for people seeking to extend #DungeonsAndDragons:
gizmodo.com/dnd-wizards-of… 1/
gizmodo.com/dnd-wizards-of… 1/
The report set off a shitstorm among #DandD fans and the broader #TTRPG community - not just because it was evidence of yet more #enshittification of D&D by a faceless corporate monopolist, but because Hasbro was seemingly poised to take back a #commons. 2/
#ISMTLTD #ISMT Ltd & #KIRLFER #Kirloskar Ferrous Industries Ltd (KF) announced a mega #merger plan. #specialsituation
If we recollect, KF had done a major investment in ISMT in Mar 22, and ISMT settled its huge debt with lenders at a huge discount.
Here is my quick learning:-
If we recollect, KF had done a major investment in ISMT in Mar 22, and ISMT settled its huge debt with lenders at a huge discount.
Here is my quick learning:-
1) KF has fully backward integrated operations ranging from iron ore mines to machined castings as well has a very strong client base across the globe. ISMT is one of the most diversified manufacturers of specialized seamless tubes in the world.
2) Apart from the regular synergy like economies of scale & cost optimization, the merger will help in expanding reach, cross selling opportunities and better combined unit economics and financial ratios.
So let’s talk about where things got up to with your #HealthData, before Rishi Sunak started talking about the need to generate trust in Government with “#integrity” and “#accountability”…
gov.uk/government/spe…
gov.uk/government/spe…
Earlier today we got a bunch of detail out of @NHSDigital’s Board papers and services performance pack - what of that will continue post-#merger?
N.B. The chair of NHS Digital announced today’s meeting would be the last public meeting of the Board...
N.B. The chair of NHS Digital announced today’s meeting would be the last public meeting of the Board...
With the news that the Government is rushing through @NHSEngland’s takeover of the statutory safe haven (@NHSDigital) with about the level of planning that went into the 'fiscal event', where exactly *are* things as the former/new Sec State starts work?
What do Mergers and Acquisitions in Zimbabwe tell us about business building and the current investment landscape?
Between 2009-2021 there were nearly 80 publicly disclosed transactions, spanning 20 different sectors, here’s what I learned:
[A thread] 🧵 🧵 🧵
Between 2009-2021 there were nearly 80 publicly disclosed transactions, spanning 20 different sectors, here’s what I learned:
[A thread] 🧵 🧵 🧵
1. I carried out this study after my internship at a Sub Saharan Africa-focused Private Equity firm with exposure to Zimbabwe. The key objective was to understand what the exit environment looked like for the firms' investments but also for the broader investor community.
2. All of the primary data in this study was sourced from the Competition and Tariff Commission, through various reports from 2009 to 2021.
The Commission has a mandate to promote and maintain competition in the economy of Zimbabwe. It is also in charge of merger control.
The Commission has a mandate to promote and maintain competition in the economy of Zimbabwe. It is also in charge of merger control.
Is #concentration rising? @AffeldtPauline, @JoannaPiechucka, #KlausGugler and I use a novel dataset containing information on over 20,000 relevant antitrust markets between 1990-2014 to assess this question: cepr.org/active/publica…. We find quite some heterogeneity. A thread 1/N
The extant literature measures #concentration using #industry classifications. Data are mostly aggregated at the national/regional level for all products. Yet, both the #geographic and the #product market definitions should be based on the #substitutability among products. 2/N
Our database identifies over 20,000 product/geographic #antitrust markets affected by over 2,000 mergers scrutinized by the European Commission between 1995-2014. This allows measuring concentration consistently on an economy-wide basis over time (diw.de/documents/publ…) 3/N
CTFN's #ICYMI weekend edition: #Merger and deal activity are expected to be robust in 2021, and regulator scrutiny is expected to be rigorous.
(thread) #antitrust #investming #stocks
(thread) #antitrust #investming #stocks
In the meantime, key changes will occur under the new #Biden administration at the U.S. Federal Trade Commission that is anticipated to weigh heavily on big pharma deals, @dalter28 wrote
#FTC #antitrust #MnA
#FTC #antitrust #MnA
Further for one big pharma deal, Surani Fernando wrote that while @AstraZeneca's $39 billion bid for @AlexionPharma has drawn a number of critics, a strategic build-out of immunology may prove an important rationale for the deal
#mergers #healthcare $ALXN $AZN
#mergers #healthcare $ALXN $AZN
The banking sector, in India, has been under stress for several years now.
Both the NBFCs and banking institutions (predominantly, public sector banks) have seen substantial deterioration in their asset quality.
#banknifty #nifty50 #nifty #NASDAQ #writerslife #writing
Both the NBFCs and banking institutions (predominantly, public sector banks) have seen substantial deterioration in their asset quality.
#banknifty #nifty50 #nifty #NASDAQ #writerslife #writing
Over the past two years, we have seen many well-known names within these sectors.
The latest in the series being is the 93-year old #LakshmiVilasBank
#StockMarket #stockstowatch #sharemarket #Zomato
The latest in the series being is the 93-year old #LakshmiVilasBank
#StockMarket #stockstowatch #sharemarket #Zomato
This was indeed a fantastic and very insightful panel! Perhaps a summary of the main points can be useful. Thus, a long thread. 1/n
All panelists agree: Market power in #digital markets is worrisome. Fiona and Tommaso think that #mergers can worsen this situation and directly harm consumers by killing actual or potential competition, reducing #innovation (either killing the innovation of the target or .. 2/n
…the innovation of the acquiring incumbents) and quality (including #privacy). Mergers can also cause indirect harm (Tommaso) by increasing prices in the other side(s) of the market (e.g. #advertising). 3/n
Cases 5 #AVP & 6 #NATU3
"São Paulo, October 4, 2019, - Following the announcement in May that #Natura & Co had reached an agreement to acquire Avon Products, Inc. (“Avon”), Natura & Co today announced that it has completed important steps towards closing the transaction."
1/4
"São Paulo, October 4, 2019, - Following the announcement in May that #Natura & Co had reached an agreement to acquire Avon Products, Inc. (“Avon”), Natura & Co today announced that it has completed important steps towards closing the transaction."
1/4
AVP / #Avon Products, Inc. 425 - #Merger Prospectus - FORM 425 - October 08, 2019
fintel.io/doc/sec/8868/0…
2/4
fintel.io/doc/sec/8868/0…
2/4
I complete 14 years of #entrepreneurship today. Lots of feelings - from being joyously inspired to dredging the depths of despair- often on the same day! Here's looking back at each year to identify the key state of business, and the state of my mind! 1/n
2005: Start up | Excitement
Set up a content services company. Co-founder is the brain behind it. I have no idea what'll happen, or how. I trust her to figure it out. Each proposal is a high, each small deal evidence to a biz model. 2/n
Set up a content services company. Co-founder is the brain behind it. I have no idea what'll happen, or how. I trust her to figure it out. Each proposal is a high, each small deal evidence to a biz model. 2/n
2006: Hard work | Fun
More work comes in, and we deliver, working late nights and super early mornings. We hire an office space and our first employees. Every project is challenging, but we overcome them. 3/n
More work comes in, and we deliver, working late nights and super early mornings. We hire an office space and our first employees. Every project is challenging, but we overcome them. 3/n
