Know What's Happening in Investment Banking
Know What's Happening in Investment Banking
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 a mid‑to‑high‑teens EBITDA margin, and Flex expects the deal to be accretive to adjusted earnings per share in the first full fiscal year after closing.
On Tuesday, March 17, 2026, San Antonio‑based Victory Capital submitted a fresh offer for London‑listed Janus Henderson Group, proposing $40 per share in cash and a 0.25‑share exchange, which would give Victory roughly 31% of the combined firm. The bid tops Victory's earlier proposal by $3.26 per share and carries a 16% premium over activist investor Nelson Peltz’s Trian Fund offer, while Janus’s board continues to back the Trian/General Catalyst deal valued at about $7.4 billion.
Intensifying regulatory scrutiny is rattling Hong Kong’s financial industry and raising the prospects of a slowdown in booming share sales in Asia’s premier fundraising hub https://t.co/W795nBdXEj @kiuyanwong @depsebastian @julia_fioretti
On March 16, 2026, UniCredit SpA announced an exchange‑offer to raise its ownership of Germany’s Commerzbank AG from roughly 28% to just over the 30% trigger level under German takeover law. The deal, priced at €30.80 per Commerzbank share—a 4%...
India’s recent IPO surge is increasingly being leveraged to reduce corporate debt rather than fund expansion. Companies earmarked roughly ₹35,055 crore—about a quarter of total IPO proceeds—for debt repayment across 95 issuers in 2024‑2026. This marks a reversal from 2020‑21, when...
For every dollar hyperscalers earn from AI today, they’re spending twelve dollars to build more capacity. That’s the bet embedded in $575 billion of capital expenditure this year. How fast does AI revenue need to grow to pay back this...
SES Financing S.à r.l., a wholly‑owned subsidiary of satellite operator SES, priced a €650 million PNC5.25 Subordinated Perpetual with Automatic Conversion Events (SPACE) hybrid security on 24 March 2026. The issue, carrying a 7.375% coupon and callable at par from 2031, was five...
Itausa SA, a major shareholder of Aegea Saneamento e Participacoes, expects the sanitation firm to achieve a valuation above its current 40.5 billion reais ($7.8 billion) as it prepares for an initial public offering in the coming months. CFO Priscila Grecco said...
Nevada's Public Employees' Retirement System (PERS), managing roughly $74.9 billion, announced it will unwind its exposure to Clearlake Capital after identifying a potential conflict of interest. The conflict arises from Clearlake’s recent agreement to acquire Pathway Capital Management, which overlaps with...
ContextVision AB announced that its share buy‑back programme, originally launched in September 2025 for up to NOK 10 million and 4 million shares, was extended to 11 May 2026 with unchanged terms. Between 9 March and 16 March 2026 DNB Carnegie repurchased 1,188,241 shares for a total...
Jonathan Davey, Managing Director of Indigenous and Government Advisory at Scotiabank, told the Drumbeats podcast that Canada’s largest infrastructure and resource projects now require Indigenous equity participation. Recent federal programs and legal reforms have turned Indigenous partnerships from a political...
RATE Mortgage Trust launched a $363 million RMBS that backs 293 prime mortgages, the highest average loan balance and single‑family home concentration in roughly four years. The securitization features a mix of Class A exchangeable and interest‑only notes yielding 4.0%‑5.0% and Class B...
Every month someone publishes a higher default forecast. > Fitch: 5.8% actual > Morgan Stanley: 8% > UBS: 15% worst case Every month someone in the industry calls it irresponsible.
U.S. M&A activity slowed in February 2026, with announcements dropping 26.7% to 1,013 versus January, yet aggregate deal spending surged 236.8% month‑over‑month. Eleven of FactSet’s 21 tracked sectors posted higher three‑month deal volumes compared with a year earlier, led by...
State Bank of India raised ₹6,051 crore by issuing a 10‑year Basel III‑compliant Tier 2 bond at a 7.05% coupon. The issue carries a call option after five years and on each subsequent anniversary. The bonds received bids roughly twice the ₹5,000 crore target,...
Many founders wait until growth slows before thinking about selling or raising capital, but the irony is: buyers and investors are often most interested when a business is performing at its best. In this episode of Vista Point Advisors The...
Private equity firms are facing a growing bottleneck in their exit pipeline as IPO markets stay muted, M&A activity slows, and secondary‑sale demand wanes. Elevated interest rates and tighter credit conditions are compressing valuations, forcing managers to hold assets longer...
The 2025 State of Agtech Investment in Africa report reveals total sector funding fell to $170 million, a near‑20 % year‑on‑year decline, while equity’s share dropped below half for the first time. Debt, grants and blended‑finance structures now dominate capital deployment, reflecting...
OpenAI is exploring a $10 billion joint venture with private‑equity partners to fund its next‑generation AI models and commercial rollout. At the same time, L Catterton announced a $313 million investment in Japan’s consumer sector, while Apollo is negotiating a minority stake in...
Indian pharmaceutical manufacturer Sai Parenteral announced its initial public offering, set to open on March 24, 2026. The IPO comprises a fresh issue of up to ₹285 crore and an offer‑for‑sale of roughly 3.16 million equity shares, with a price band of...
Eikon Therapeutics priced an upsized IPO of 21.2 million shares at $18, raising roughly $381 million and valuing the company at about $860 million. The California‑based biotech focuses on immune‑signaling, DNA‑repair and androgen‑receptor pathways, with its lead candidate EIK1001 – a TLR7/8 dual...
Swarmer Inc., an Austin‑based drone‑software firm, priced its initial public offering at the $5 midpoint, selling 3 million shares to raise $15 million. On its Nasdaq debut, the stock opened at $12.50 and surged to an intraday high of $32.45, trading around...
The March 17, 2026 SPAC News Roundup highlights a resurgence in special‑purpose acquisition company activity, with Q1 IPO volume climbing 12% year‑over‑year. New SEC guidance on de‑SPAC disclosures is reshaping transaction structures, while tech‑centric targets continue to dominate recent merger announcements. Investor...
CFOs are hearing early signs that liquidity is returning after years of capital scarcity, prompting a shift from cash preservation to strategic flexibility. The article urges finance leaders to assess whether their organizations are structurally prepared to deploy fresh capital...
Kuwait re‑entered the international sovereign market in September 2024, issuing an $11.25 billion eurobond – its first external debt sale since 2017. The issuance was enabled by a new debt law approved in March 2025 that authorises up to KD30 billion (≈$97 billion)...
Clifford Capital, a Singapore‑based infrastructure credit platform, completed its inaugural Australian‑dollar Infrastructure Asset‑Backed Securities (IABS) issuance, raising A$455 million across four tranches. The deal marks the firm’s first foray into the Australian market and represents the largest private placement of IABS...
The Victoria Falls Stock Exchange (VFEX) will launch a Venture Board, a dedicated listing segment for junior and exploration‑stage mining companies. The platform aims to give these high‑growth miners access to long‑term capital, countering Zimbabwe’s reliance on short‑term bank loans...
Cooley’s latest memo delivers a concise playbook for handling insider‑conflict transactions under Delaware and Nevada corporate law. Targeted at companies approaching or completing an IPO, the guide stresses that rigorous process and transparent disclosure outweigh post‑hoc legal defenses. It outlines...
How fast is @CEOAdam issuing $AMC shares? Well we have a guide. The 10K contained this sentence. Shares of Class A common stock outstanding—529,547,465 shares at February 18, 2026 And the prospectus today contained this sentence: As of March 16, 2026, there were 557,955,745 shares...
St. Patrick's Day 2008. Bear Stearns. Gone. People walking out with boxes from their brand new 47th St building. Sound of bagpipes from 5th ave parade. Drunk kids stumbling out of grand central all over the streets. Satellite trucks and...
Senator Adam Schiff is convening a spotlight hearing in Burbank to scrutinize Paramount’s proposed merger with Warner Bros. Discovery and the broader push for federal film‑production tax incentives. Actor Noah Wyle, IATSE President Matthew Loeb, policy researcher Jax Deluca, and...
If a token converts to equity, how do you think about the new valuation? https://t.co/sigF6mfZGm
What could end up being the biggest bagholder exercise of all time — the Operation Overlord of jamming retail investors with a comically overpriced IPO — is opening up on several early fronts. The latest is the S&P 500 index....
Brunswick Exploration closed the first tranche of a non‑brokered private placement, raising $4,195,000 from 16,780,000 units priced at $0.25 each. Each unit includes one common share and half of a warrant, with additional finder warrants issued and $274,950 in finder...
Is there ever NOT a "refinancing wall"? Feel like I've been seeing charts like that for 20 years...
SEC eyeing toward cutting disclosures from 4 times per year to 2 times per year. Its enforcement chief just quit after only 7 months.
Vicarious Surgical announced it has filed an application to list its Class A common stock on Nasdaq, following a NYSE delisting notice earlier this month. Under new CEO Stephen From, the company has implemented cost‑cutting measures and outsourced parts of...
China is clamping down on a key route for Hong Kong IPOs after a boom in share sales While stopping short of an outright ban, regulators have recently discouraged IPO applications from so-called red-chip firms https://t.co/bDNaEtHWkS
the roll-up in 5 levels: level 1: buy 1 business level 2: buy 3 competitors level 3: regional dominance level 4: national holdco level 5: $100M–$1B exit everything else is noise
Goldman Sachs resumed coverage of Fidelity National Information Services (FIS) with a Buy rating and a $70 price target, citing the firm’s transformation into a pure‑play banking‑software supplier after its Worldpay and TSYS acquisitions. The bank projects mid‑single‑digit recurring‑revenue growth...
the vendor finance structure: – seller carries 100% as a note – 9–12 month payment holiday – business services its own debt – personal capital deployed: $0 legal common available
Broward Health secured a $97 million loan from UMB Bank to construct a six‑story, 114,000‑square‑foot medical office in Deerfield Beach, featuring 75 exam rooms focused on cardiovascular, neuroscience and orthopedics. The facility, adjacent to the Broward Health North campus, is slated...
New Providence Acquisition Corp. III (NPACU) announced a definitive agreement to combine with Abra, a digital‑asset platform, in a transaction valued at approximately $846 million. The merger will deliver roughly $200 million of SPAC cash proceeds to Abra and list the combined...
Private equity firms are actively targeting HVAC service providers and component manufacturers as deal flow intensifies. Scaled residential HVAC platforms are commanding valuations of 16‑19 times EBITDA, while commercial HVAC transactions span a broader 10‑17 times EBITDA range. The disparity...
$LNSR spread to the $14 cash offer back to ~40% after the latest update. Co disclosed a credit line allowing it to borrow up to $9.2m. Market seems to read this, together with the last update, as a signal that the...
Central Mine Planning IPO Review Shareholder Quota IPO Apply or Avoid? https://youtu.be/YMNA0YqYa_g #ipo #ipoalert #cmpdiipo #centralmine
Bank of America raised its 2026 forecast for investment‑grade debt sales to hyperscalers by 25%, now projecting $175 billion in total issuance. The bank still expects $65 billion of new hyperscaler bonds to be issued this year. The revision follows Amazon’s $54 billion...
Kudos sir - this was a good tweet LENSAR Announces Termination of Merger Agreement with Alcon Research "We understand that the Federal Trade Commission intends to seek to enjoin the acquisition" $LSNR $ALC
The IPOs coming within the next five years with SpaceX, OpenAI, & Anthropic are going to be unlike anything seen in history.
Blackford Capital has created a new HVAC, electrical and construction services platform by merging its recent acquisitions, Habco Partnership and Moro Corporation, under the Habco brand. The combined entity, led by CEO Andrew Habel, offers design‑build electrical, HVAC, structural steel...
BlackRock restricted withdrawals on its $26B private credit fund. Blackstone got $3.8B in redemption requests. JP Morgan cut lending to private debt funds. When the exits close, the panic starts. https://t.co/OW9SaL4vZA
