Deal Notes 2011
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Fact Sheet: Designation of Election Infrastructure As Critical Infrastructure
Fact Sheet: Designation of Election Infrastructure as Critical Infrastructure Consistent with Presidential Policy Directive (PPD) 21, the Secretary of Homeland Security has established Election Infrastructure as a critical infrastructure subsector within the Government Facilities Sector. Election infrastructure includes a diverse set of assets, systems, and networks critical to the administration of the election process. When we use the term “election infrastrucure,” we mean the key parts of the assets, systems, and networks most critical to the security and resilience of the election process, both physical locations and information and communication technology. Specficially, we mean at least the information, capabilities, physical assets, and technologies which enable the registration and validation of voters; the casting, transmission, tabulation, and reporting of votes; and the certification, auditing, and verification of elections. Components of election infrastructure include, but are not limited to: • Physical locations: o Storage facilities, which may be located on public or private property that may be used to store election and voting system infrastructure before Election Day. o Polling places (including early voting locations), which may be physically located on public or private property, and may face physical and cyber threats to their normal operations on Election Day. o Centralized vote tabulation locations, which are used by some states and localities to process absentee and Election Day voting materials. • Information -
CWD FTC Facebook Credits Complaint
June 28, 2011 VIA EMAIL AND FEDEX OVERNIGHT Donald S. Clark Secretary U.S. Federal Trade Commission 600 Pennsylvania Avenue, NW Washington, D.C. 20580 Re: Facebook, Inc. and Facebook Credits Dear Secretary Clark: Enclosed is a Complaint, Request for Investigation, Injunction, and Other Relief submitted by Consumer Watchdog regarding Facebook, Inc. and its virtual currency, Facebook Credits. As explained in the complaint, Consumer Watchdog believes that Facebook is engaging in anticompetitive and unfair business practices in the market for virtual goods purchased in social games through its Facebook Credits terms with game developers. We request that, pursuant to the Federal Trade Commission’s authority under section 5 of the Federal Trade Commission Act and 16 C.F.R. § 2.5, the Commission investigate Facebook’s anticompetitive conduct and enjoin Facebook from engaging in conduct that violates sections 2 and 1 of the Sherman act, and section 5 of the Federal Trade Commission Act. Please let me know if you have any questions. Sincerely, Harvey Rosenfield cc via email: Jon Leibowitz, Chairman William E. Kovacic J. Thomas Rosch Julie Brill Edith Ramirez Before the Federal Trade Commission Washington, DC In the Matter of ) ) Facebook, Inc. and ) Facebook Credits ) ) ________________________________) Complaint, Request for Investigation, Injunction, and Other Relief I. Introduction 1. Consumer Watchdog submits this Complaint to the Federal Trade Commission (“FTC” or “the Commission”) requesting an investigation and injunctive relief concerning the anticompetitive terms and impact of Facebook Credits, an ambitiously revamped virtual currency system recently announced by Facebook, Inc. (“Facebook”), the dominant social networking company in the United States and the world. -
Going Public Production Company Through Its a Shares
Co-published section: United Kingdom About NWR • A pure play hard-coal-mining and coke Going public production company through its A Shares. • A leading supplier of hard coal in the fastest growing region in Europe. Partial exits can benefit PE firms, as a £3.5 billion Czech IPO • Owns five established mines and two coking facilities in northeast Czech shows. Adam Levin and Claudine Ang of Dechert explain Republic. It is pursuing opportunities in n May 2008, the shares of New World cant minority stake, following which RPG Poland and elsewhere. Resources NV (NWR), a Dutch-incor- Industries acquired that majority investor (in • One of the largest industrial groups in the porated company (formerly a 2004) and took OKD private (in 2005), after Czech Republic in terms of assets and wholly-owned subsidiary of RPG a squeeze-out of minority interests. It was one revenues. IIndustries SE) with mining operations in the of the largest leveraged finance transactions in • Second largest private employer in the Czech Republic, were admitted to trading on Central Europe at that time. country with approximately 18,341 the London, Prague and Warsaw stock The restructuring that followed shows the employees and 3,563 contractors. exchanges. The offering, after exercise of the focus that private equity houses can bring to a greenshoe option, was approximately £1.3 business. This included: the consolidation of the billion (approximately $2.5 billion) resulting mining businesses within one entity, OKD, the Mining Division or its assets. The IPO was in a market capitalisation of about £3.5 bil- rather than the five entities within which the only with respect to the A Shares. -
LIVK Merger Announcement with Agilethought Press Release
AgileThought, a pure-play digital solutions provider that delivers high-end software development at scale, to list on Nasdaq through a business combination with LIV Capital Acquisition Corp. • AgileThought is a leading pure play provider of agile-first software, end-to-end digital transformation and consulting services to Fortune 1000 customers with diversity across end-markets and industry verticals • AgileThought delivers high-end software development at scale under a uniquely competitive onshore and nearshore business model that leverages talent from the U.S., Mexico and other Latin American countries to serve U.S. corporations • The business combination between AgileThought and LIV Capital Acquisition Corp. (“LIVK”) (the “Transaction”) values the combined company at a proforma enterprise value of approximately $482 million and is expected to provide approximately $124 million in primary gross proceeds to AgileThought, including $81 million of cash held in LIVK’s trust account (assuming no redemptions in connection with the Transaction), and a fully committed $43 million investment by PIPE investors and LIV Capital at $10.00 per share. The fully committed investment will, at funding, satisfy the minimum cash requirement to close the Transaction • The Transaction will enhance AgileThought’s position at the forefront of the more than $750 billion digital transformation services market in the U.S., offering one of a kind, agile software development capabilities with onshore and nearshore delivery • The Transaction is expected to close in the third quarter of 2021 subject to LIVK’s shareholders approval and other customary conditions. Following the closing of the Transaction, the combined company will remain listed on Nasdaq under the new ticker symbol AGIL • AgileThought and LIVK will host a joint investor conference call to discuss the details of the proposed Transaction on May 10, 2021 at 11:00 AM EST. -
Facebook Coin: What's the Realistic Angle?
MARCH 14, 2019, 6:16PM EDT Facebook Coin: What’s The Realistic Angle? BY RYAN TODD It’s that time of year, the post-earnings lull where equity analysts take time to digest new company information and either reaffirm their views or offer material changes to their theses. For some looking to make a splash, the occasional brow-raising bold calls trickle out as well. This week, Barclays’ internet analyst Ross Sandler released a note to clients which walked through his bullish view on Facebook Coin, suggesting the project could unlock as much as $19 billion in incremental revenue by 2021, and a conservative base-case forecast of $3 billion. That’s not a typo. Initially reported back in December by Bloomberg, Facebook’s blockchain team has apparently been developing a stablecoin for payments within WhatsApp. More recently, the New York Times published a report, showing the surprising speed of development of Facebook’s stablecoin. According to the report, Facebook had held talks with exchanges about listing its stablecoin, which will be pegged “to a basket of different foreign currencies, rather than just the dollar.” Additionally, the Facebook blockchain team is prepared to launch this stablecoin in the first half of 2019, according to NYT. Here’s what you need to know: Facebook’s experiment with Facebook Credits offers FB Coin clues Based on Barclays’ channel checks and note to investors, FB Coin may actually start out as a single purpose virtual token that mimics the functionality Facebook Credits offered in the early 2010s. Facebook Credits was a program that allowed the purchase of an in-platform token with a credit card/PayPal ($1 = 10FB credits) in order to use as a currency for paid applications and in-game items. -
The Most Important Chart in Sustainable Finance?
fAGF. AGF SUSTAINABLE MARKET INSIGHT The Most Important Chart in Sustainable Finance? By Martin Grosskopf and Andy Kochar AGF SUSTAINABLE fAGF. A great deal has been written in the last few All financial assets and in fact all investment theses have years about the rise of sustainability in the some aspect of duration embedded in their valuation and premiums. For equities, duration can be considered as the financial sector – often either on sustainability time it takes to recoup one’s initial investment through itself (corporate or policy objectives) or on the future cash flows. An estimation of today’s equity market opportunity and risks for financial markets duration is provided in Figure 1. The idea is that long- duration equity investments have a significant proportion (stock prices and fund flows). As we all know, of their intrinsic value tied to their terminal value, thereby the COVID-19 crisis accelerated this movement, making them susceptible to drawdowns when interest with sustainability-linked products taking the rate volatility picks up on a cyclical basis. lion’s share of new fund flows, and with many As one can see from this estimation, the duration of the sustainability-linked themes significantly U.S. equity market has until very recently been increasing since the Great Financial Crisis, thanks to falling interest outperforming in 20201. rates and the significant, growing presence of long- However, 2021 has brought some significant rotation duration sectors such as Information Technology and away from companies with the most to benefit from Health Care. On the other hand, although the fixed capital inflows and the most to offer over the long income market has had its share of duration extensions term – for example, pure EV and battery companies, as well, S&P 500 equities have stretched to a duration of renewables, and so on. -
COMISIÓN NACIONAL DEL MERCADO DE VALORES Madrid
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. COMISIÓN NACIONAL DEL MERCADO DE VALORES These materials are not an offer for sale of securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be sold in the United States absent registration or an exemption from registration under the Securities Act. Madrid, 7 de junio de 2021 Muy Sres. nuestros: Dear Sirs, En cumplimiento de lo dispuesto en el Pursuant to the provisions of Art. 227 of Art. 227 del texto refundido de la Ley del the consolidated text of the Securities Mercado de Valores, ACCIONA, S.A. Market Act, ACCIONA, S.A. (“Acciona” (“Acciona” o la “Sociedad”), comunica lo or the “Company”), reports the following, siguiente INFORMACIÓN RELEVANTE MATERIAL INFORMATION Como continuación de las comunicaciones As a follow-up to the Insider Information de Información Privilegiada publicadas el statements published on 18 February 2021 18 de febrero de 2021 (IP número de (IP number 724 and 728), Acciona registro 724 y 728), Acciona informa informs of its intention to proceed with sobre su intención de realizar la Oferta the Initial Public Offering (“IPO”) Pública de Venta (“Oferta”) de las relating to the shares of its subsidiary and acciones de su filial Corporación Acciona head of the Energy division of the Group, Energías Renovables, S.A. Unipersonal Corporación Acciona Energías (“Acciona Energía”), cabecera de la Renovables, S.A. -
Facebook Credits 2012 a Merchant's Perspective
Facebook Credits 2012 A Merchant’s Perspective The Leader in Social Entertainment February 23, 2012 _________________________________________________________________________________________________ Facebook Credits Overview Facebook Credits are a virtual currency that can be used to buy virtual goods, digital goods and other select products on the Facebook platform. They can be purchased using a credit card, PayPal, a mobile phone, gift cards and 50+ payment methods in 47 currencies. This form of payment was introduced to make it easy to pay for virtual goods and currency in applications across the Facebook platform. Facebook Credits are valued at approximately $0.10 each, but discounts are available when bought in bulk. Facebook keeps 30 percent of transactions and the developer keeps 70 percent. So if a merchant charges 100 Credits ($10.00) for a virtual or digital good, Facebook earns 30 Credits or $3.00 per transaction and the developer retains $7.00. On July 1, 2011, Facebook Credits became mandatory for Facebook Games and Facebook Deals; and are highly recommended for all other applications on Facebook. Facebook Credits can be purchased or earned and can be used for digital goods such as movies and music, but cannot be used for physical goods like clothing or DVDs. Facebook Credits are valid worldwide and can be subject to state and local tax if the digital good is a taxable item. Users accumulate Facebook Credits in their Facebook accounts. Facebook Credits can be purchased or earned outside of Facebook, on merchant websites for example, but can only be spent within the social network. An entertainment company or merchant can give Facebook Credits to users as an incentive or they can receive Facebook Credits for payment on their virtual or digital goods. -
In Vitro Diagnostic Market Insight: Continued Growth and Consolidation
MARKET INSIGHTS In Vitro Diagnostic Market Insight: Continued Growth and Consolidation Craig Steger Senior Vice President, Outcome Capital Oded Ben-Joseph, Ph.D., MBA Managing Director, Outcome Capital Echoe M. Bouta, Ph.D. Associate, Outcome Capital Driven by a multitude of factors including the ageing population, Introduction increasing burden of chronic and infectious diseases, mounting demand for early diagnosis, emergence of personalized medicine and higher demand for testing in the developing world, the global In Vitro Diagnostics (IVD) market is projected to grow at 5.2% CAGR from $68 billion in 2018 to $88 billion in 20231. We examined recent IVD market dynamics between 2016 and Q3/2019 including financing events, merger and acquisitions (M&As) and initial public offerings (IPOs). We analyzed these dynamics to assess the overall activity of the segment to provide management teams and boards with a market-aligned perspective. Mature Market Marked by million, three private equity (PE) Danaher’s acquisition of Cepheid, Intense Consolidation financings over $200 million, and Abbott’s acquisition of Alere, four acquisitions over $1 billion and PerkinElmer’s acquisition of The rapid growth of the (Table 1). With respect to the Euroimmun. Roche’s acquisition of IVD market has attracted more financing events, both transactions Foundation Medicine is expected to than a 100 players2, resulting in supported growth capital to close in late 2019. Roche acquired numerous M&As over the past commercialize and expand 56% of Foundation Medicine in several years. This has resulted product offering and to propel 2015 for approximately $1 billion in consolidation as players have revenue generation, allowing and has now decided to lock-up made two or more acquisitions these companies to become large that investment by acquiring the over this relatively short time players in the segment. -
11 Electric Vehicle Stocks to Buy for 2021
INVESTOR PLACE 11 ELECTRIC VEHICLE STOCKS TO BUY FOR 2021 LUKE LANGO How to turn the electric disruption of transportation into your million-dollar opportunity When it comes to identifying next-generation breakthrough investments that could rise 100%, 200%, 500%, or more, I always come back to one saying. Where there’s disruption, there’s opportunity. Case-in-point: The internet. Throughout the 1990s, the emergence of the internet rapidly disrupted how people across the globe worked, communicated, and played. For many, it was a scary time. Change is never easy. For many more, it was an exciting time, as the internet was unlocking a new world of possibilities. But… for investors… it was an opportunity. Specifically, it was a once-in-a-decade opportunity to invest early in emerging titans of the internet industry. Like Amazon (AMZN)… when it was a $438 million company in 1997… It’s a $1.6 TRILLION company today – representing a whopping 365,000% return. That means a mere $1,000 investment in Amazon in 1997 would be worth more than $3.6 million today. 2 Luke Lango’s Hypergrowth Investing Need I say more? Where there’s disruption, there’s opportunity – and the bigger the disruption, the bigger the opportunity. Right now, we are on the cusp of an enormous disruption. This disruption will fundamentally and entirely change the world’s multi-trillion-dollar transportation work. In its wake, it will create new hundred-billion-dollar titans of the auto industry – most of whom are just tiny companies today. What disruption am I talking about specifically? The shift toward electric vehicles. -
Visant Corporation Potential Dividend Recapitalization
State Street Corporation October 16, 2011 © 2011 Trian Fund Management, L.P. All rights reserved. Disclosure Statement and Disclaimers General Considerations This presentation is for general informational purposes only, is not complete and does not constitute an agreement, offer, a solicitation of an offer, or any advice or recommendation to enter into or conclude any transaction or confirmation thereof (whether on the terms shown herein or otherwise). This presentation should not be construed as legal, tax, investment, financial or other advice. It does not have regard to the specific investment objective, financial situation, suitability, or the particular need of any specific person who may receive this presentation, and should not be taken as advice on the merits of any investment decision. The views expressed in this presentation represent the opinions of Trian Fund Management, L.P. and the funds and accounts it manages (collectively, “Trian Partners”), and are based on publicly available information with respect to State Street Corporation (the "Issuer") and the other companies referred to herein. Certain financial information and data used herein have been derived or obtained from filings made with the Securities and Exchange Commission ("SEC") or other regulatory authorities and from other third party reports. Trian Partners has not sought or obtained consent from any third party to use any statements or information indicated herein as having been obtained or derived from statements made or published by third parties. Any such statements or information should not be viewed as indicating the support of such third party for the views expressed herein. Trian Partners does not endorse third-party estimates or research which are used in this presentation solely for illustrative purposes. -
Facebook V. Profile Technologies
/% 1 Timothy L. Alger, State Bar No. 160303 [email protected] V 2 Sunita Bali, State Bar No. 274108 [email protected] 0 PERKINS COIE llp 3 -£ 3150 Porter Drive 4 Palo Alto, CA 94304-1212 Telephone: 650.838.4300 5 Facsimile: 650.838.4350 6 Attorneys for Plaintiffs Facebook, Inc. and Facebook Ireland Limited 9 UNITED STATES DISTRICT COURT 10 NORTHERN DISTRICT OF CALIFORNIA 11 SAN JOSE DIVISION » O Q 12 1 3 0 4 51 13 FACEBOOK, INC., a Delaware Case No. corporation, and FACEBOOK IRELAND 14 LIMITED, an Irish company, COMPLAINT FOR BREACH OF CONTRACT 15 Plaintiffs, [DEMAND FOR JURY TRIAL] 16 v. 17 PROFILE TECHNOLOGY, LTD, a New Zealand company; and CHRISTOPHER 18 CLAYDON, an individual, 19 Defendants. 20 21 Plaintiffs Facebook, Inc. and Facebook Ireland Limited(collectively "Facebook"), by and 22 through undersigned counsel, hereby allege as follows: 23 I. INTRODUCTION 24 1. Facebook permits certain application developers to access and use information that 25 is available on Facebook's services, providedthat they agree to and comply with Facebook's user 26 and developer agreements. Profile Technology Ltd. ("Profile Technology") and its CEO, 27 Christopher Claydon C'Claydon") (collectively "Defendants"), obtained access to such data as 28 COMPLAINT AND DEMAND FOR JURY TRIAL part of their contractual relationship with Facebook. The data included information posted by and 2 about Facebook users ("User Data"). 3 2. Defendants copied User Data onto Defendants' computer servers for their own use 4 and made it accessible to others, for Defendants" commercial benefit, on Defendants' website, 5 www.profileengine.com.