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No independent valuation needed for SpiceJet's preferential share sale: Sebi

CFO News

The Securities and Exchange Board of India (Sebi) said SpiceJet's proposed preferential share issue to aircraft lessors as part of its plan to restructure its outstanding lease liabilities need not have independent valuation.

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Jump-Starting Value Creation: The Crucial Role of Pre-Acquisition Due Diligence and the First 100 Day PlanĀ 

E78 Partners

Macro Investment Market Challenges a Headwind for Private Equity Valuations Private Equity Sponsors are facing their most challenging valuation market since the great recession of 2008-09. Heightened inflation and interest rates will continue to be valuation headwinds. But you cannot stop there.

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Hindustan Zinc to submit demerger proposal to board in 4-6 weeks

CFO News

Hindustan Zinc Ltd is planning to propose a demerger to its board within the next four to six weeks. The company's board had previously directed it to explore a corporate restructuring to create three separate entities for its lead and zinc, silver, and recycling businesses.

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Wynn Resorts, Microsoft, Honeywell, Salesforce and more

CFO News Room

Salesforce ā€” Shares of the cloud-based software company jumped more than 3% after Salesforce announced that it is cutting 10% of its personnel and reducing some office space as part of a restructuring plan. In 2021, GE revealed plans to break up into three companies so it can focus on its aviation business.

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Deutsche Bank Takes Stake In Open Banking FinTech

PYMNTS

It is also planning a launch in the U.S. Deposit Solutions is now Germanyā€™s second-largest FinTech unicorn, CNBC reported, with a valuation exceeding ā‚¬1 billion ($1.1 A combination of the two German banks via a merger has been under discussion since 2016, before either was forced to restructure. in the coming months.

Banking 75
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Chinese Regulators Propose New Antitrust Rules For Payments Sector

PYMNTS

The PBOC said it also plans to monitor corporate activities such as changes in corporate shareholders or beneficiaries, Bloomberg said. Chinese regulators have since ordered Ant to restructure its business and have launched an antitrust probe into its sibling company, Alibaba , Bloomberg added. ā€œA

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Restructuring Compensation And Roles To Align For Growth

CFO News Room

Michael Kitces is Head of Planning Strategy at Buckingham Strategic Wealth , a turnkey wealth management services provider supporting thousands of independent financial advisors. In 2010, Michael was recognized with one of the FPAā€™s ā€œHeart of Financial Planningā€ awards for his dedication and work in advancing the profession.