Know What's Happening in Finance
Know What's Happening in Finance
Flex to Acquire Electrical Power Products for $1.1B, Expanding Power Infrastructure Portfolio
Flex Ltd. announced a definitive agreement to acquire Electrical Power Products for approximately $1.1 billion in cash. The target contributes roughly $323 million 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:
Oracle disclosed a 15% equity stake in the TikTok US Data Security Joint Venture, part of a $2.2 billion non‑marketable investment portfolio. The joint venture, valued at roughly $14 billion, includes equal stakes from Silver Lake and Abu Dhabi’s MGX, while ByteDance retains just under 20% ownership. Oracle now houses all U.S. TikTok user data and serves as the security overseer under a 2024 national‑security law. Recent outages at an Oracle data center temporarily disrupted TikTok’s U.S. service, highlighting operational dependencies.
Africa faces a $2.8 trillion financing gap for climate action by 2030, yet ample capital exists within the continent’s savings pools and sovereign wealth funds, plus global yield‑seeking investors. The article argues that fragmented markets prevent this capital from reaching needed...
Oklahoma’s sovereign credit rating was raised by Fitch to AA‑plus with a stable outlook, marking the state’s third upgrade since 2024 after similar moves by S&P and Moody’s. The agency cited sustained fiscal discipline, robust operating reserves and low long‑term...
The article critiques the notion that municipal governments can substantially expand fiscal space by having local public banks purchase their own bonds. It argues that a new bank must first raise equity, limiting its initial balance sheet, and that banks...
Singapore’s equity market reforms by SGX and MAS are reviving analyst demand, prompting banks and brokerages to expand research desks. Maybank Securities, OCBC, iFast and others have added headcount to deepen small‑ and mid‑cap coverage. Job postings show salaries between...
S&P Global reaffirmed its negative “BBB” rating on WPP, citing ongoing challenges such as stagnant organic revenue, weak profitability, and uncertainty around strategy execution. The rating agency projects a 2‑4% like‑for‑like net revenue decline for 2026, well below peers like...
A wave of chief financial officer changes swept across multiple industries this week, with Nissan naming George Leondis as its new CFO, Planet Fitness installing interim CFO Tom Fitzgerald, and Peloton appointing Saqib Baig as interim finance chief. Angi promoted...
Hong Kong will broaden its name‑and‑shame regime to include IPO lawyers, auditors, consultants and SPAC promoters. Under the new Enhanced Return Mechanism, any professional party linked to a filing deemed “not substantially complete” will be publicly identified. The change comes...
Swire Pacific has sold 153,059,000 shares in Cathay Pacific, with the net proceeds expected to reach HK$1.789 billion. Swire will retain 45.12% ownership of the airline after the sale. HKEX filing: https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0313/2026031300119.pdf
Selina Hotels rode a wave of digital‑nomad hype, launching via a $1.2 billion SPAC merger in 2022 and expanding to 163 destinations. The rapid rollout delivered only a 47% occupancy rate, while an asset‑light, lease‑heavy model inflated operating costs and debt....
Brian Ferdinand, Portfolio Manager at EverForward Trading, stresses structured frameworks to manage execution risk amid heightened market uncertainty. The firm’s system evaluates liquidity, volatility and cross‑market signals before authorizing exposure, embedding predefined risk parameters into every trade. This disciplined approach...
The newsletter announced that its subscriber base has grown to 6,232 members spanning 134 countries, with over 1,200 new sign‑ups in the past month. It promotes a disciplined Elliott Wave 2.0 framework that delivers more than 45 structured video updates...
Private‑equity firms are finding it increasingly difficult to exit portfolio companies, even those acquired before the recent market froth. Elevated interest rates, a slowdown in IPO activity, and a thin strategic‑buyer pool have created a bottleneck in the exit pipeline....
India's securities regulator SEBI introduced new rules governing intraday borrowing by mutual funds, effective April 1. The framework lifts the 20% net‑asset borrowing cap for intraday loans that are secured against same‑day receivables from the government, RBI, and clearing corporation, and...
The part that rhymes with 2006-2008 is that Banks were providing warehouse lines to Mortgage Co.'s who would then originate mortgages & Wall Street would buy them, repackage them (MBS/CDO's) & sell them to the world. When delinquencies spiked, the...
Finance leaders are being urged to grasp subrogation, a legal practice where insurers recoup payouts from at‑fault parties, as an untapped lever to curb soaring health‑care costs. Intellivo, a pure‑play subrogation firm, showcased the potential by recovering up to 1%...
The Reserve Bank of India purchased a record 572.10 billion rupees (about $6.2 billion) of government bonds in the week ending 6 March, marking its third straight week of net buying. The purchases are part of a broader liquidity infusion strategy aimed at...
SAJA Real Estate SOCIMI announced the execution of a €200 million mortgage loan with a five‑year maturity and a fixed 3.2% interest rate. The financing is earmarked for strategic portfolio acquisitions and refinancing existing debt. By securing the loan, SAJA bolsters...
In a recent interview with Adam Taggart, the author warned that market optimism masks deepening fragilities, especially in private credit. He highlighted rising redemptions and gating in private credit funds as a precursor to a broader credit event. While equity...
Worked with 60+ startups and a common repeated mistake that left a lot of money on the table: Charging international users in USD The data is pretty clear — local currency checkout increases international conversion by 20-40% SaaS founders can now do this...
This guy made an AI Hedge Fund... Then open-sourced it for everyone to use. This is the story.
The article argues that mergers and acquisitions (M&A) can accelerate a startup’s growth more efficiently than an IPO, especially for deep‑tech and fast‑moving consumer sectors. It cites Korean examples—Stylenanda, Woowa Brothers, and Have & Be—each achieving multibillion‑dollar exits through strategic sales to...
UK defined benefit pension schemes are seeing a strategic shift as new regulations unlock roughly £260bn of surplus previously funneled to insurers in buy‑outs. The reforms let sponsors and members reclaim surplus, prompting interest in alternatives like captive insurance structures...
HM Treasury announced a cross‑government review of how departments use the "confirmation of payee" (CoP) anti‑fraud check, a safeguard mandatory for banks offering Faster Payments and CHAPS. Introduced in 2020, CoP verifies recipient account details against a central register, yet...
ESMA data shows a sharp spike in ETF settlement failures in mid‑April 2025, coinciding with the U.S. “Liberation Day” market turbulence. At the height, fails represented over 50 % of the total value of ETF settlement instructions, far above rates in...
Capsol Technologies ASA received Norwegian Financial Supervisory Authority approval on 13 March 2026 for a prospectus covering a subsequent offering of up to 3.5 million new shares at NOK 5.20 per share. The offering follows a private placement that raised roughly NOK 45 million and is...
Germany has issued a clarified enforcement framework that revises its auction rules for collateral sales. The updated regime accelerates liquidation timelines and introduces more transparent valuation criteria. It reshapes intercreditor hierarchies by granting senior lenders clearer priority and forces a...
Tikehau Capital disclosed a week‑long share‑repurchase programme covering March 6‑12, 2026. The asset manager bought a total of 24,783 shares at an average weighted price of €16.64. Daily volumes varied, with the largest purchase of 5,110 shares on the Paris exchange (XPAR)...
Blue Owl, a $300 bn private‑credit manager, froze withdrawals from a retail fund and sold $1.4 bn of loans in February 2026, sending its shares down nearly 60% in a year. The episode highlights rapid growth of private credit to $3 tn, driven by...
Nexwell Power has closed a €167 million multi‑tranche financing to fund a 248 MW solar PV portfolio in Spain. The portfolio, acquired from Q Energy, comprises seven plants in Andalusia and Aragon, with several projects already mechanically complete and others slated for early‑2026...
The Central Bank of Nigeria has issued a new regulatory framework requiring real‑time liveness verification and BVN/NIN validation for all account openings and reactivations. Mobile banking apps must be bound to a single device, with additional multi‑factor authentication for any...
StorageVault Canada Inc. announced a quarterly dividend of $0.003006 per common share, payable on April 15, 2026 to shareholders of record as of March 31, 2026. The dividend is classified as an eligible dividend for Canadian income‑tax purposes. The company...
G-III Apparel Group's board declared a quarterly cash dividend of $0.10 per share, payable on March 30, 2026 to shareholders of record as of March 23. The announcement underscores the company's ongoing cash generation despite a portfolio heavily reliant on...
Coal Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state‑owned Coal India, will launch its initial public offering on March 20, with the issue closing on March 24. The IPO consists of an offer‑for‑sale of 10.71 crore shares by Coal India...
The Office for Professional Body Anti‑Money Laundering Supervision (OPBAS) released its 2024/25 assessment, noting modest progress in AML monitoring across UK legal and accountancy firms but highlighting persistent compliance gaps. HMRC issued 336 penalty notices between April and September 2025,...
Let me summarize my view on $MSTR The entire capital structure is rich to BTC. Except for the fact that the company will issue at par as much of $STRC as investors want to buy AND only issuance or BTC...
Zhenjiang New Energy Equipment Co. announced plans to sell its U.S. subsidiary, Zhenjiang New Energy (USA) Technology Corp., to India’s Zetwerk for $22.15 million. The Shanghai Stock Exchange has issued an inquiry, demanding clarification on asset quality, the buyer’s financial capacity,...
🔮What is next for FP&A in 2026? From AI agents and explainable ML to integrated real-time planning and autonomous insights, our final FP&A Trends Webinar of 2025 covered 5 key trends for 2026 and beyond: https://t.co/S2cTWIhcUz #fpatrends #aiinfinance #digitaltransformation
Prescient China has listed the PANDA Balanced Feeder Actively Managed ETF on the Johannesburg Stock Exchange, marking the first China‑focused AMETF in South Africa. The fund offers investors exposure to a mix of mainland Chinese equities, bonds, cash and offshore...
China’s aggregate financing surged 2.4 trillion yuan in February, outpacing the Bloomberg‑survey median forecast of 2 trillion yuan. The People’s Bank of China reported that banks extended 900 billion yuan of new corporate loans, also beating expectations. The growth was driven by stronger...
Capture Expense’s latest report, based on 371,000 UK expense claims worth £60 million across 460 organisations, shows expense management shifting from back‑office task to strategic infrastructure. Slow approvals—only 2.6% immediate and 42% taking over a week—pose regulatory risk under new FRS 102...
#FlashbackFriday In 2020, I suggested Wirecard wasn’t an anomaly but a preview. Have we learned to spot the red flags yet? https://t.co/X77GE1HPPS Yesterday’s future. Progress optional. #Fintech #CorporateGovernance #RiskManagement
S Hotels & Resorts posted a record normalised net profit of over 615 million baht in 2025, driven by RevPAR growth and lower finance costs. The company announced a 0.07 baht per share dividend, its highest since listing. For 2026, SHR outlined...
The article advises founders selling a company to avoid exclusive negotiations and instead generate a competitive bidding environment. It recommends leveraging investment banks or directly contacting potential acquirers to discover market‑clearing prices. The piece cites examples like Microsoft’s LinkedIn deal...
At the FIA Global Cleared Markets Conference in Boca Raton, prediction markets dominated the agenda, with FIA President Walt Lukken praising their accessibility and crowd‑sourced accuracy. He also warned that legal clarity and robust insider‑trading surveillance are essential. Exchange CEOs...
In this episode, Francois Trouch, CEO and CIO of PIMCO Prime Real Estate, explains why real estate credit is a top investment theme for 2026, highlighting its attractive risk‑adjusted returns versus corporate debt and equity. He details the five segments...
Sage, the London‑listed accounting software provider, unveiled Sage AI in Johannesburg, embedding artificial intelligence across its finance, payroll and HR products for small businesses in Africa and the Middle East. The platform relies on roughly 40,000 domain‑specific models and claims...
On March 13, 2026 the Fixed Income Clearing Corporation (FICC) submitted rule filing SR‑FICC‑2026‑005 to the SEC, seeking to set a delayed implementation schedule for enhancements to the correlation calculation used in bond haircut models. The filing amends the QRM Methodology Document...
WheelsEye, a logistics SaaS provider, posted FY25 operating revenue of Rs 243.4 crore, a 17% increase from the prior year. Subscription services drove the growth, contributing 62% of total revenue and rising 20% year‑on‑year. Hardware costs, especially GPS devices, surged 68%, while...
A new paper argues that the Modigliani‑Miller (MM) theorem and the Coase theorem are conceptually distinct and neither is a special case of the other. The authors highlight that MM relies on strong‑form market efficiency, no taxes and fixed investment,...
