Search Results for: M&A
European shares bounce back after turbulent week
February 12th, 2018
European shares rebounded from six-month lows on Monday as jitters over a sudden spike in volatility that wiped off $1 trillion in market capitalization last week appeared to ease. Broad-based gains helped the pan-European STOXX 600 index rise 1.5 ...
Starbucks Chairman speculated about a “legitimate” digital currency
January 29th, 2018
Howard Schultz dumped the equivalent of a double espresso into an otherwise humdrum Starbucks earnings call on Thursday. In response to an analyst question about tax law, the Starbucks executive chairman detoured into a stream-of-conscious monologue about Bitcoin and ...
Euronext Acquires InsiderLog
January 18th, 2018
Euronext, the leading pan-European exchange in the Eurozone with nearly 1,300 listed issuers, announces the acquisition of 80% of the capital of InsiderLog, a Stockholm-based leading player in the field of insider list management, for a cash consideration of ...
Deloitte set to take on traditional law firms
January 11th, 2018
The Big Four accountancy giant is the latest to enter the legal playing field with major plans to develop its offerings to corporates and compete with law firms. Deloitte has announced plans to become a major legal player. The ...
Hedge-fund managers reap 3,175 percent profit off bitcoin in 2017
January 10th, 2018
For hedge funds, 2017 ended with a clean sweep — positive returns in every month that resulted in the best total performance in four years. That kind of a winning streak hasn’t happened since 2013 and was part of ...
Big Four accountancy firms gain ground on law firms
September 28th, 2017
The accountancy firms are gaining ground on law firms and could reshape the marketplace, new research from American Lawyer reveals. With over two in three law firm leaders regarding the legal arms of the Big Four as a major ...
Deloitte announces record global revenue of US$38.8 billion
September 15th, 2017
Deloitte Global today reported aggregate member firm revenue of US$38.8 billion for the fiscal year ended 31 May 2017 (FY2017), representing a 7.1 percent revenue increase in local currency terms or a US$2 billion revenue increase and 8.3 percent ...
Australian law firm is initially deploying artificial intelligence technology
August 29th, 2017
Australian law firm Corrs Chambers Westgarth is initially deploying Luminance’s artificial intelligence technology to streamline due diligence processes for M&A transactions.The law firm adopted Luminance after completing a pilot of the technology within its M&A department. It plans to ...
Deloitte records double-digit revenue growth
August 29th, 2017
Deloitte, the business advisory firm has issued today a press release to announce financial results for year ended 31 May 2017. According the press release announcement: Highlights Revenue up 11.2% to £3.4bn (2016: 13.6%)1 In the UK, double digit ...
Who is new Uber CEO Dara Khosrowshahi?
August 28th, 2017
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to ...