Know What's Happening in Finance
Know What's Happening in Finance
Flex to Acquire Electrical Power Products for $1.1B Cash
Flex Ltd. announced a definitive agreement to buy Electrical Power Products for approximately $1.1B in cash. The target contributes roughly $323M of annual revenue and delivers a mid‑to‑high‑teens EBITDA margin. Flex expects the transaction to be accretive to adjusted earnings per share in the first full fiscal year after closing.
Also developing:
South Korean memory leader SK Hynix has signed a KRW11.95 trillion (~$8 billion) contract with Dutch lithography supplier ASML to acquire up to 20 extreme ultraviolet (EUV) scanners over the next two years. The agreement covers equipment, installation and modification costs, with payments staged after each delivery. Each scanner is estimated at KRW500 billion (about $385 million), and the order targets next‑generation mass‑production processes rather than ASML’s newest high‑NA tools. The deal underscores SK Hynix’s aggressive capex expansion as it seeks to meet soaring demand for DRAM and NAND memory.
A CFP at a major firm, referred to as ACME, offered advisory services to a friend without disclosing his revenue‑sharing arrangements, raising conflict‑of‑interest concerns. The client discovered that about 21% of advisers receive similar incentives, which the SEC requires to...
Life360’s first‑quarter guidance signals monthly active user growth below 20%, raising concerns about near‑term expansion. Despite this, the company issued FY26 revenue and adjusted EBITDA guidance that modestly exceeds consensus, buoyed by stronger advertising contributions from its Nativo acquisition. Management...
🔺 The "Vanguard Moment" for Crypto? Not quite. Most investors treat crypto like equities, but the data tells a different story. If you’re trying to build a crypto index that actually beats Bitcoin, you’re fighting a structural uphill battle. Delve into...
Schroders Capital’s latest report argues that combining public catastrophe bonds with private insurance‑linked securities (ILS) can temper the inherent trade‑offs of each structure. Public cat bonds deliver market liquidity and transparent pricing, while private ILS provide higher illiquidity premiums and...
Didero, a New York‑based software firm, closed a $30 million Series A round led by Chemistry and Headline, with participation from Microsoft’s M12 venture fund. The financing will accelerate development of its AI‑agent platform that embeds directly into ERP, email and spreadsheet...
Founders rarely realize they need a CFO until financial complexity outpaces simple bookkeeping. At that inflection point, a fractional CFO delivers senior‑level expertise, turning raw data into strategic decisions that safeguard cash flow and guide growth. By contextualising metrics against...
RecVue announced the launch of RecVue Revenue Recognition for Salesforce, now listed on the Salesforce AppExchange. The solution automates ASC 606 and IFRS 15 revenue recognition, embedding GAAP‑aligned logic directly within the Salesforce ecosystem. It integrates with RecVue’s Agentforce Revenue Management platform...
On 23 March 2026 the Chancellor of the Exchequer and the Minister for Pensions convened a meeting with economists from the primary dealer firms that act as wholesale gilt‑edged market makers (GEMMs) at HM Treasury. The session focused on the participants’ views...
Tharisa, a dual‑listed mining and metals group, has secured new trade‑finance facilities totaling $60 million from HSBC and Absa. The revolving facilities, including a $15 million accordion, replace more restrictive financing and cover both pre‑ and post‑shipment needs. The funding enhances working‑capital...
In this episode, host Kevin Appleby talks with Howard Francioni, a lead auditor at Akton Boundrie Group, about why information security is now a core responsibility for CFOs. They discuss the real‑world impact of cyber incidents—such as the Jaguar Land...
Union Minister Nitin Gadkari launched the NHAI‑backed Raajmarg Infra Investment Trust (RIIT) on the Bombay Stock Exchange, where the inaugural public issue was oversubscribed about 14 times. The trust aims to monetize roughly 1,500 kilometres of national highways over the...
Delhi's 2026‑27 budget tops ₹1.03 lakh crore (~$12.5 billion), a record allocation that prioritises health, education and green infrastructure. The health portfolio receives ₹12,645 crore (~$1.5 billion) and education ₹19,148 crore (~$2.3 billion), together accounting for over 30% of total spending. Infrastructure funding includes ₹5,921 crore for...
Storebrand ASA published its Q1 2026 quarterly newsletter, reminding investors of the financial guidance previously issued and outlining the key themes shaping its performance. The Norwegian‑based group highlighted its scale, serving roughly 61,000 corporate and 2.6 million individual customers while managing about...
Grameenphone, Telenor’s 55.8%-owned Bangladeshi subsidiary, warned that Q1 2026 momentum is softer than expected due to a confluence of energy‑price shocks and seasonal storms. The company projects revenue roughly 2% lower and EBITDA about 3% down versus the same quarter...
The MVIS Digital India Index, the benchmark for VanEck’s DGIN ETF, is overhauling its methodology to mirror India’s shift from export‑focused IT services to a domestically driven digital economy. A new rule requiring over 50% of revenue from Indian customers...
Frasers Group has raised its total economic exposure to online fashion retailer ASOS to 29.26% by buying additional sold put options, increasing its put‑option exposure from 5.09% to 5.93%. The move does not alter Frasers’ voting rights, which remain tied...
Canada Life has completed a £30 million (≈ $37.5 million) full‑scheme buy‑in for the Phoenix Medical Supplies Pension Scheme, securing the future benefits of more than 145 pensioners and 80 deferred members. Barnett Waddingham served as lead broker, adviser and administrator, while Gateley...
Metafin, a solar financing platform for rural Indian MSMEs and households, secured a $10 million structured debt facility from Lendable’s Transportation and Energy Fund. The capital will expand financing for productive-use solar systems, replacing diesel generators in underserved regions. To date,...
Stateful Robotics, an embodied‑AI spinout from the University of Oxford, announced a $4.8 million pre‑seed financing round. The round was led by Amadeus Capital Partners and Oxford Science Enterprises, with angel investor Stan Boland also participating. The capital will be used...
Enterprise resource planning systems often delay financial closes, forcing manual reconciliations that can take weeks. Rillet, an AI‑native accounting platform, was built for a continuous close and offers native integrations with Salesforce, HubSpot, and Stripe. By leveraging Zapier’s extensive app...
Indian government bond yields slipped on Tuesday as Brent crude hovered above $100 a barrel and U.S. 10‑year Treasury yields steadied near 4.40%, the sharpest sell‑off since October 2023. The benchmark 2035 bond yield was expected to trade between 6.81%...
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu announced a six‑month deferment of a portion of salaries for ministers, MLAs and senior officials as the state grapples with a cash crunch following the end of its revenue‑deficit grant. The plan cuts...
Retail demand forecasting is shifting from spreadsheet‑driven, manual processes to AI‑powered automation. By ingesting real‑time sales, inventory and market signals, AI delivers SKU‑level predictions that accelerate planning for merchandise, buying, allocation, sales and pricing teams. The technology eliminates common roadblocks...
At ITB Berlin’s 60th anniversary, YeePay introduced a one‑stop Global Corporate Account solution that streamlines cross‑border payments for airlines and travel agencies. The platform leverages over two decades of Chinese aviation expertise, linking all Chinese carriers and nearly 10,000 OTAs...
Third Point’s high‑conviction merger‑arbitrage bet on the Indra Sistemas‑EM&E defense tie‑up collapsed, wiping out the fund’s European position. The breakup was driven by political push‑back, valuation disputes and integration complexity, sending both Spanish defense stocks lower. The failure has forced Dan...
Senior‑secured U.S. direct‑lending funds are delivering 10%‑13% yields, outpacing traditional high‑yield bonds that trade at 7%‑9%. The roughly 300‑basis‑point spread reflects an illiquidity premium that has become a strategic differentiator for private credit. Institutional investors are accelerating allocations despite heightened...
In this episode, Jana Scott, former IRS enrolled agent and founder of DeFi Tax, reveals that the crypto tax industry is built on fundamentally flawed methodologies, with her forensic audits of 14 major tax platforms and 53 crypto‑tax firms showing...
Asian corporate bond markets rallied on Tuesday as geopolitical tension eased following President Donald Trump’s remarks about ongoing talks with Iran. Credit default swaps on investment‑grade Asian debt fell by at least four basis points, signaling reduced perceived risk. At...
SL Green is on the cusp of securing a $1.7 billion commercial mortgage‑backed securities loan to refinance its fully‑leased One Madison office tower. The deal will retire $1.2 billion of construction debt, fund $136 million in reserves, and allow owners to cash out...
ITT Corp. announced a $4.5 billion cash-and-stock purchase of SPX Flow, with CEO Luca Savi detailing how the deal will expand the company's process‑technology footprint, create cross‑selling opportunities and deliver $300 million of annual synergies.
Berkshire Hathaway, through its reinsurance subsidiary National Indemnity Company, is investing roughly $1.8 billion to acquire a 2.5% stake in Japan’s Tokio Marine Holdings. The deal, announced on March 23, includes a treasury‑stock purchase and sets the stage for deeper reinsurance...
Government Accounting Standards Board’s Statement No. 103 marks the first major overhaul of U.S. local government financial reporting since 1999, becoming effective for fiscal years beginning after June 15, 2025 with the first reporting deadline on June 30, 2026. The standard restructures the Management Discussion...
Blackstone Secured Lending (BSL) reported its Q4 2025 results, showing a NAV increase to $1.12 per share and a dividend yield of 9.2%, positioning it ahead of eleven comparable BDC peers. The fund’s price‑to‑book multiple compressed to 0.9x, reflecting a modest...
If you invest $10,000 today, how much of that actually gets invested after all charges? If the answer isn't close to $10,000, you should understand why. One client found out she'd been paying a 2% upfront sales charge every time she...
The circular relationships within the private credit ecosystem are fascinating. For example, Cliffwater invests in Carlyle's private credit fund. On the other end, Carlyle's private credit fund lends to Cliffwater (first lien loan shown below). So it appears that ultimately, Cliffwater is lending...
Aurora Mobile reported Q4 2025 revenue of RMB 105.2 million, up 13% year‑over‑year and 16% sequentially, driven by strong developer subscription and vertical app growth. The company posted its first full‑year GAAP net profit and recorded a 23% YoY increase in...
Of course assets would have to be pledged as collateral for any borrowings to meet redemptions, under this thought experiment. Doubtful the lenders would accept anything other than the “best” collateral. Think about it.
HF Foods Group reported Q4 2025 net revenue of $1.23 billion, up 2.2% year‑over‑year, while adjusted EBITDA increased 6.9% to $45 million. The company completed an enterprise‑resource‑planning rollout across all distribution centers, re‑categorizing SKUs and fixing IT control deficiencies. Facility upgrades in...
Citigroup has created an Infrastructure Financing and Capital Solutions (IFCS) unit focused on the Asia‑Pacific region. The new group will address the growing demand for large‑scale infrastructure funding, especially projects tied to Belt and Road initiatives. Eric Farina and Rob...
The EU’s Digital Operational Resilience Act (DORA) now obliges banks, insurers and investment firms to maintain a tested, documented exit strategy for each cloud provider. Most financial institutions rely on provider‑specific services, creating lock‑in that makes compliance difficult. Upsun proposes...
The European Central Bank (ECB) announced it will keep a close watch on the Significant Risk Transfer (SRT) market, emphasizing heightened regulatory scrutiny. While not proposing immediate rule changes, the ECB highlighted potential risks linked to capital‑relief trades and the...
Blue‑chip asset‑backed finance (ABF) funds delivered strong Q4 performance, posting an average 12% return that outpaced traditional fixed‑income benchmarks. The gains came despite a persistently high‑interest‑rate environment, with yields on securitised assets rising and investor demand remaining robust. Fund inflows...
MindBridge's analysis reveals that nearly 90% of small and midsize businesses suffer workflow delays due to undetected data errors, despite a strong push toward AI adoption. The study, covering energy, manufacturing and retail, shows a pronounced data paradox: leaders express...
Late payments still plague B2B finance, with roughly $100 trillion in trade settled after delivery. The article outlines three practical steps—optimizing invoice timing and reminders, offering multiple payment methods, and instituting a weekly A/R discipline—to accelerate cash inflows. Implementing these tactics...
UK‑based Dext has introduced Dext AI Assist, an AI agent embedded in its bookkeeping platform that learns individual user preferences to automate nuanced accounting decisions. The tool surfaces transparent, reviewable suggestions, allowing finance teams to retain full control while reducing...
JLL Capital Markets arranged a $136 million senior loan for 655 Union, a newly delivered 193‑unit trophy multifamily building in Brooklyn’s Gowanus neighborhood. The financing, provided by Freddie Mac and CenterSquare Investment Management, refinances an existing construction loan and marks the first...
Cambridge Savings Bank, a depositor‑owned institution with $6.9 billion in assets, has bolstered its capital base and is now prepared to pursue regional acquisitions. Equity rose 16% to $703.5 million and deposits grew 3.6% to $5.57 billion, driven by its digital arm Ivy...
Dunes Point Capital, a mid‑market private‑equity firm, is launching its fourth flagship fund with a target raise of $1.3 billion, a substantial increase from the $800 million raised for Fund III. The larger capital base reflects the firm’s ambition to scale its investment...
Medline, the nation’s largest private medical‑supplies maker, went public in December 2025, raising $6.26 billion at a valuation north of $50 billion, making it the year’s biggest IPO. The offering followed a 2021 leveraged buyout that valued the family‑owned firm at roughly...
