Search Results for: M&A
Accounting class action lawsuits rise to highest level since 2008
April 6th, 2017
Securities class action filings with accounting allegations rose to 93 in 2016, 33 percent above the previous year and the fourth consecutive annual increase, according to a new report from Cornerstone Research. As reported in Accounting Class Action Filings ...
Nordic law firm to use artificial intelligence technology to improve efficiency
April 3rd, 2017
Roschier has started deploying pioneering artificial intelligence technology, Luminance, to improve the efficiency of its due diligence process, initially for M&A transactions. Luminance uses machine learning and advanced mathematical techniques to speed up contract review processes without sacrificing accuracy. ...
Italian and Indian law firms team up to boost cross-border business
March 24th, 2017
Italian Law Firm CBA Studio Legale e Tributario has entered into a joint venture with Singhania & Co after signing an agreement at the Consulate General of Italy in Mumbai. The companies have made the move primarily to promote ...
ANZ, Westpac admit breaches in forex trading
March 16th, 2017
ANZ and Westpac have followed rivals and yielded to the corporate regulator’s investigation into banks’ foreign exchange businesses, agreeing to oversight and changes after traders shared confidential client information and traded to benefit themselves. A week after the banks’ ...
Gain Capital reports strong fourth quarter performance; Q4 and 2016 Results
March 10th, 2017
Highlights Quarterly GAAP net income of $20.8 million increased 91% year-over-year, while full year 2016 GAAP net income of $35.3 million increased 243% Achieved approximately $100 million in adjusted EBITDA(1) for the full year, driven by a strong fourth ...
Crypto exchange Kraken acquires trading platform Cryptowatch
March 2nd, 2017
Kraken has issued a press release to announce the acquisition of the popular charting and trading platform Cryptowatch (https://cryptowat.ch) – used by thousands of traders to chart over 150 markets in real-time and trade up to 22 digital assets through ...
Playtech reports revenues up 12% for year 2016 vs 2015
February 23rd, 2017
Playtech (LSE: PTEC) today announces its results for the year ended 31 December 2016, together with a trading update for the period to 20 February 2017. Group financial highlights · Total revenues up 12% vs 2015 on a reported ...
Transatlantic Legal Awards launch
February 21st, 2017
The spotlight is on transatlantic deals, cases and law firm strategy with the launch of the 2017 Transatlantic Legal Awards, which are hosted by Legal Week and The American Lawyer. Submissions are now being accepted for the June awards, ...
Paul Weiss, Linklaters and Freshfields alumni lock horns as Kraft Heinz drops $143bn deal for Unilever
February 20th, 2017
In what would have been the second largest M&A deal in history, Unilever has rejected a $143bn takeover approach from Kraft Heinz as Paul, Weiss, Rifkind, Wharton & Garrison and Linklaters take opposite sides. Unilever, the company behind brands ...
CBOE issued a press release to inform for the acquisition of Bats Global Markets
February 17th, 2017
Transaction Has Received Final Remaining European Regulatory Approval Three Bats Directors to Join CBOE Holdings Board Election Deadline for Bats Stockholders Set for February 24 CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) announced today ...
