Acquisitions

  • Why was Huarongyun frozen (recent situation of Huarong Wealth)?

    Why was Huarongyun frozen? According to the official website of Huarongyun, the

    Daily Digest 08/13/2023
    76
  • Raisin Successfully Closes €60 Million E Round Financing with Catalyst

    On March 24th, the German financial technology investment company Raisin announced the completion of the 60 million euro E round financing, with the participation of private equity

    03/24/2023
    65
  • Deutsche Bank Monitoring Credit Suisse for Potential Acquisitions

    According to reports, according to people familiar with the matter, Deutsche Bank is closely monitoring the situation of Credit Suisse Group to look for possible opportunities to acquire certain businesses of Credit Suisse. The internal discussions at Deutsche Bank involved which parts of Credit Suisse would be attractive if they were acquired or spun off by UBS Group, and how large a valuation they would give to these assets if they were listed. Insider: Deutsche Bank is studying the acquisition of Credit Suisse assets Analysis based on this information:Deutsche Bank is reportedly keeping a close eye on Credit Suisse Group for potential acquisition opportunities. According to people familiar with the matter, the internal discussions at Deutsche Bank have revolved around which parts of Credit Suisse would be attractive if they were to be acquired or spun off by UBS Group, and how large a valuation they would give to these assets if they were listed. This news comes at a…

    03/18/2023
    66
  • US Regulators Consider Holding Securities of Two Banks Below Purchase Price

    According to reports, US regulators are considering holding securities under the names of Signature Bank and Silicon Valley Bank that have fallen below their purchase price, a move that will remove one of the possible obstacles to selling these two banks. According to people familiar with the matter, this is a routine practice after the Federal Deposit Insurance Corporation (FDIC) took over the bank, mainly facilitating the conclusion of acquisition transactions. Because if it involves assets with declining value, it will be more difficult to sell the relevant banks. People familiar with the matter said that the relevant asset size of Signature may be between $20 billion and $50 billion, and that of Silicon Valley banks may be between $60 billion and $120 billion. Both Silicon Valley banks and Signature have invested in bonds at low interest rates, and the value of these bonds has plummeted as the Federal Reserve has raised interest rates several times over the past year…

    03/18/2023
    70
  • Blackstone and Apollo May Acquire Silicon Valley Bank’s Assets

    It is reported that Blackstone (BX) and Apollo (APO), alternative asset management companies, are considering acquiring the assets of Silicon Valley Bank (SVB), according to Bloomberg, citing people familiar with the matter. Insiders: Blackstone and Apollo, the asset management giants, are considering acquiring the assets of Silicon Valley banks Analysis based on this information:Alternative asset management firms Blackstone and Apollo are reportedly eyeing the possibility of acquiring the assets of Silicon Valley Bank. This news comes from sources who have knowledge of the matter who spoke to Bloomberg. Such a move demonstrates the shifting environment in financial services, as traditional banks and niche players adjust to changing customer demands, coupled with regulatory pressures. Silicon Valley Bank is seen by many as a traditional bank due to its business model of lending to startups in the technology sector. However, over the years, as its client base has expanded, so too have the services offered. This move comes as no surprise, given…

    03/14/2023
    71
  • Rand Gallery Acquires NFT Explorer for Enhanced Data Analysis

    It is reported that Rand Gallery, the largest NFT market in the Algorand blockchain, has acquired the data aggregator NFT Explorer (NFTx) to add analysis to it…

    02/16/2023
    72