Know What's Happening in Finance
Know What's Happening in Finance
Flex to acquire Electrical Power Products for $1.1B
Flex Ltd. announced a definitive agreement to buy Electrical Power Products for approximately $1.1 billion in cash. The target contributes about $323 million of annual revenue and delivers mid‑to‑high‑teens EBITDA margins. Flex expects the transaction to be accretive to adjusted earnings per share in the first full fiscal year after closing.
Also developing:
HM Treasury has launched an open call for evidence on reforming the United Kingdom’s Advance Corporation Tax (ACT) regime. The government will repeal the restrictive ‘shadow ACT’ rules on 1 April 2026 and is consulting on a possible full phase‑out of the remaining ACT system. Stakeholders are asked to comment on realistic timelines for using existing ACT balances and the likely impact of removing the rules. The consultation closes at 10 am on 11 June 2026.
Rwanda’s Kigali International Finance Centre (KIFC) has risen to become Africa’s third‑largest financial hub, trailing only Casablanca and Mauritius, after passing 22 laws and offering a 3% corporate tax, zero withholding tax and six‑hour company registration. The centre now hosts...
Covenant Trends released its March 16 2026 data set highlighting the average EBITDA adjustment cap applied to synergies and cost‑saving initiatives in loan agreements. The chart shows the cap hovering around the low‑teens percentage range and climbing steadily year‑over‑year. The release includes...
In the third quarter of 2025, Octus reported that the average fair‑market‑value‑to‑par (FMV/Par) ratio on non‑accrual drawn loans rose for three of the five leading sectors—Communication Services, Consumer Discretionary and Industrials. The increase reflects deeper discounts on these loans, signaling...
U.S. primary market leveraged loan yields rose to 8.09% in March, the highest level since April 2025. The increase reflects broader pricing pressure on first‑lien institutional term loan Bs with a three‑year repayment horizon. Single‑B rated credits led the yield...
Nigeria enacted four interconnected Tax Reform Acts, consolidating legacy statutes into the Nigeria Tax Act effective Jan 1 2026. The reforms raise the small‑company exemption threshold to $74,088 in annual turnover and set a N250 million fixed‑asset ceiling, easing the federal tax burden...
Transdev reported 2025 results showing solid growth, with revenue reaching €10.44 bn (+4%) and adjusted EBITDA rising 5% to €691 m. Operating investments increased 9% to €691 m, supporting vehicle electrification and heavy‑mode expansions such as the Marseille‑Nice rail line and the Cable C1...
LexinFintech Holdings reported unaudited results for Q4 and full‑year 2025, posting a net profit of RMB 1.7 billion—a 52.4% year‑over‑year increase—despite a 7.4% decline in total operating revenue to RMB 13.2 billion. The company’s loan‑originations fell modestly, while outstanding loan balances dropped 12.4%, reflecting...
Recent research on coercive, non‑pro rata liability management exercises (LMEs) shows they provide only a brief, fragile runway for distressed firms. Within a year, fewer than half avoid a second default, and after two years just 22 % remain out of...
John Jenkins highlights key considerations for sellers contemplating equity rollovers in M&A transactions. The blog stresses that call options embedded in buyer agreements can allow the acquirer to repurchase the seller’s rolled‑over stake, often at below‑market prices and over extended...
SolarEdge Technologies announced that CFO Asaf Alperovitz will depart to take a CFO role at another public company, remaining until June 9, 2026 to aid the transition. The board has opened a search for his replacement. The company reaffirmed its Q1 2026...
Credit‑Linked Notes (CLNs) are being hailed as the premier tool for capital‑relief trades in the structured credit market. Recent commentary highlights their ability to off‑load credit risk while preserving balance‑sheet efficiency. The piece situates CLNs amid a shifting regulatory landscape,...
Capteris Equipment Finance is set to sell a $436.9 million asset‑backed securities (ABS) transaction, Series 2026‑1, backed by 216 commercial equipment leases from 57 obligors. The deal issues six tranches, with senior A1 and A2 notes receiving the bulk of capital and...
Citi analysts say Netflix is poised to raise subscription prices later this year now that the Warner Bros. Discovery merger has collapsed. A 5% increase in average revenue per user could boost the stock by up to 6% and move Netflix...
Bitcoin Depot, the world’s largest crypto‑ATM operator, had its Connecticut money‑transmission license suspended after regulators identified compliance breaches. The state found more than 1,000 instances where fees exceeded the legal 15% cap, resulting in roughly $150,000 in excess charges. Additionally,...
The U.S. Securities and Exchange Commission announced that directors and officers of European Economic Area foreign private issuers will be exempt from Section 16(a) reporting under the 1934 Exchange Act. The exemption eliminates the need for these insiders to file Form 4,...
The IRS issued Notice 2026‑20, extending the temporary relief granted in Notice 2025‑7 for another year, now through Dec. 31, 2026. The extension lets eligible taxpayers use alternative methods—such as standing orders or other broker‑designated identifiers—to make adequate identification of digital‑asset units held by...
The Office of the Comptroller of the Currency announced the termination of enforcement actions against four community banks—Heritage Bank, 1st National Bank, Slovenian S&LA, and Touchmark National Bank. Each institution had been subject to consent orders or formal agreements addressing...
JPMorgan Chase and a syndicate of banks have paused a $5.3 billion debt financing for Qualtrics International after the software firm failed to attract sufficient investor interest. The slowdown reflects heightened market anxiety over artificial‑intelligence disruption and a broader pullback from...
Agentic AI shopping bots from firms like Google, Amazon and Visa are poised to execute purchases and payments on behalf of consumers, thrusting banks into a new risk landscape. Existing charge‑back rules under Reg E and Reg Z may not apply, leaving...
The CPA Journal highlights three pivotal SALT updates: California’s Climate‑Related Financial Risk Act (SB 261) now obliges businesses with over $500 million in revenue to file biennial climate risk reports starting Jan 1 2026, with penalties of $50 k‑$500 k per year; Washington, D.C. passed a...
The Motley Fool Money team discusses OpenAI's strategic pivot ahead of a rumored 2026 IPO, noting the company's shift from consumer‑focused side projects like a browser and video app to enterprise‑grade products such as the expanded Codex platform. They explore...
If you read one thing on private credit today, make it Sixth Street's investor letter. The highlights: “Crises don’t happen because of credit issues, they happen because of liquidity issues. "If you believe in efficient markets, public BDCs trading at significant discounts...
AmperCap Acquisition Company (ticker APMCU) filed its S‑1 to launch a $125 million special purpose acquisition company IPO. The filing, submitted on March 18, 2026, positions AmperCap among the latest wave of SPACs seeking to capitalize on renewed investor appetite. The...
Emagia launched Gia AlphaCash, an AI‑driven cash‑discovery superagent that pinpoints high‑value receivable accounts for faster collection. The tool ranks “Alpha Accounts” using ledger, payment and operational data, and works with the Gia Collect agent to automate outreach. Early reports claim...
Beyond Meat announced it will postpone its FY 2025 fourth‑quarter and full‑year results filing until at least March 31, citing a material weakness in inventory accounting controls. The company is conducting a detailed review of inventory balances and the excess‑and‑obsolete provision, while...
The IRS’s 2026 Dirty Dozen list again flags phishing and impersonation as the top tax‑season threats, with payroll‑related scams now taking center stage. Experts explain that attackers target W‑2 data and payroll portals because employees expect tax communications and act...
Dr. Selene Castrejon doesn’t run a tech company. She runs a medical practice. Every hour she spends on admin is an hour not spent with patients or growing her business. Inside the AI Business Lab® Mastermind, she built trained AI bots...
The SEC is weighing a rule that would make quarterly earnings reports optional, allowing public companies to file semi‑annual statements. Proponents argue the current 10‑K/10‑Q cycle costs an average S&P 500 firm $13.5 million annually in compliance and distracts executives from strategic...
Formycon AG announced that the audited 2025 annual and consolidated financial statements, originally due on March 26, 2026, will be released in April 2026. The postponement stems from a company‑wide rollout of a new internal financial planning system and unexpected...
Making Tax Digital (MTD) for Income Tax Self‑Assessment compels UK accountancy firms to overhaul their traditional annual‑touchpoint model, shifting to at least five mandatory submissions per year. The increased frequency collides with a “fee ceiling” that limits how much sole...
Most investors take risks they're not getting paid for. William Sharpe proved it in 1964.. and won a Nobel Prize for it. Our latest video for @ifadotcom explains why his paper still matters. #Finance #Investing #Stocks https://t.co/xx3iYAL8Zr
Keolis North America announced on March 17 that Matthieu Lonchamp will serve as Executive Vice President, Finance, joining the regional executive committee in Boston. Lonchamp arrives from Schneider Electric, where he held senior CFO roles for North America Low Voltage...
On 18 March 2026, the UK Financial Conduct Authority issued a Call for Input inviting stakeholders to comment on how regulation can improve small and medium‑sized enterprises’ access to finance. The FCA aims to identify regulatory barriers that raise costs...
The UK government has published the February 2026 Preston guidance, delivering updated earnings and interest factors for employers to calculate pension reinstatement for part‑time staff. The guidance follows landmark European Court of Justice and House of Lords decisions that granted part‑timers...
The Federal Reserve will announce a hold on its benchmark rate at the March 2026 meeting, while 10‑year Treasury yields slipped to 4.202% amid soaring oil prices and heightened Middle East tensions. Market participants cite a near‑certain pause, internal disagreements...
The National Stock Exchange of India will reduce its system latency to the nanosecond range on April 11, enabling roughly 100 million transactions per second. The upgrade, announced by CEO Ashishkumar Chauhan, also expands colocation capacity and adds new futures products, while...
The article breaks down the hidden and visible costs of launching a startup, emphasizing that entrepreneurs often underestimate both financial outlays and the emotional toll. It highlights specific line items such as professional support subscriptions, incorporation fees, and office space...
The American Institute of CPAs has formally asked the Treasury and IRS for guidance on the revised Section 45S paid family and medical leave credit introduced by the One Big Beautiful Bill Act. The legislation broadens eligibility, allowing a larger pool of employers to claim...
The FDIC has rolled back its 2022 guidance that limited banks from interacting with public, permissionless blockchains, signaling a more permissive stance under Chair Travis Hill. Hill indicated that while the agency will focus on implementing the GENIUS Act, it...
Big congratulations to @thefintechfund portfolio co @getTransFi, who just raised their $14M Series A from @Tether's investment arm, Turing Financial. https://t.co/YnhLl63Gau
EIB to finance 290MW solar PV and 350MW BESS Italian portfolio #energysky -- via pv-tech: https://t.co/ivC4mfMTQa
AKUVO and Convoke announced a strategic partnership that merges AKUVO's AI‑driven pre‑charge‑off collections suite with Convoke's SaaS platform for post‑charge‑off recovery and third‑party oversight. The integration creates a modular, cloud‑native workflow that spans the entire delinquency lifecycle, from early digital...
RPO breakdown of public software companies. High RPO = guaranteed future revenue (your customers are prisoners) Low RPO = you have to win your customers’ love much more frequently All else being equal, high RPO is better. But it can make you complacent…...
The European Central Bank’s 2024 geopolitical‑risk reverse stress test asks banks to start with a worst‑case loss—three percentage points of their capital ratio—and work backwards to identify the geopolitical shock that could cause it. For BNP Paribas, that means roughly €20 billion...
Internal audit functions are facing tighter budgets and reduced headcount, with 19% reporting lower budgets for 2025—up from 11% a year earlier—and staff cuts rising to 18%, matching the pandemic peak. Funding sufficiency is markedly higher for audit teams that...
If Bill Dudley still confuses First Brands and Tricolor with private credit, literally six months after all market participants realized they were in the broadly syndicated loan and asset backed finance markets, then what hope do regular people have? https://t.co/aA33Nc1928
Ambulatory Surgery Center owners are increasingly using sale‑leasebacks to turn trapped building equity into cash while keeping operational control. By selling the property to an investor and signing a 10‑15‑year triple‑net lease, physicians can boost EBITDA, improve valuation multiples, and...
The Federal High Court in Abuja has fixed April 13 for judgment in the N868 million money‑laundering case against former acting Accountant‑General Chukwunyere Nwabuoku. The former official, who posted N500 million bail, faces nine amended counts tied to alleged conversions of illicit...
Catastrophe bond issuance in the first quarter of 2026 is projected between $6.34 billion and $6.54 billion, making it the second‑largest Q1 on record. February 2026 already broke the $2 billion threshold and March is on track to exceed $3 billion, setting new monthly...
