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CorpDev.Org

CorpDev.Org

Daily News for Dealmakers

  • Hire Me for M&A/PE Projects!
  • AI Assisted Due Diligence
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Month: March 2023

UBS shares slide 5%, Credit Suisse craters 60% after takeover deal [buyout/ takeover]

  • March 20, 2023
  • 0 Comments
  • By CorpDev
Shares of Credit Suisse and UBS led losses on the pan-European Stoxx 600 index on Monday morning, shortly after the latter secured a 3 billion Swiss franc ($3.2 billion) "emergency rescue" of its...
Posted in Financial Services

UBS shares slide 5%, Credit Suisse craters 60% after takeover deal [buyout/ takeover]

  • March 20, 2023
  • 0 Comments
  • By CorpDev
Shares of Credit Suisse and UBS led losses on the pan-European Stoxx 600 index on Monday morning, shortly after the latter secured a 3 billion Swiss franc ($3.2 billion) "emergency rescue" of its...
Posted in International

Tiger Global cut VC fund valuations by a third last year [Daily News]

  • March 20, 2023
  • 0 Comments
  • By CorpDev
Tiger Global Management slashed the value of its investments in venture funds by about 33% last year, which equates to around $23 billion, according to a report by Bloomberg citing an unnamed source...
Posted in Private Equity
Apollo-led investor group, in partnership with J.F. Lehman and Hill City, complete take-private buyout of Atlas Air [PE Hub]

Apollo-led investor group, in partnership with J.F. Lehman and Hill City, complete take-private buyout of Atlas Air [PE Hub]

  • March 20, 2023
  • 0 Comments
  • By CorpDev
According to terms of the agreement, Atlas Air Worldwide Shareholders are entitled to receive $102.50 in cash for each share of Atlas Air they own. Source Author: Iris Dorbian
Posted in Private Equity
Switzerland wakes to new era after historic bank merger; employees “shocked” [Deals Market Headlines | Breaking Stock Market News | Reuters]

Switzerland wakes to new era after historic bank merger; employees “shocked” [Deals Market Headlines | Breaking Stock Market News | Reuters]

  • March 19, 2023
  • 0 Comments
  • By CorpDev
ZURICH, March 20 (Reuters) - Switzerland awoke on Monday to a new era after UBS (UBSG.S) agreed to take over the ailing Credit Suisse (CSGN.S), with a bank employee association saying it was "deeply...
Posted in Deal Drama
Switzerland wakes to new era after historic bank merger; employees “shocked” [Deals Market Headlines | Breaking Stock Market News | Reuters]

Switzerland wakes to new era after historic bank merger; employees “shocked” [Deals Market Headlines | Breaking Stock Market News | Reuters]

  • March 19, 2023
  • 0 Comments
  • By CorpDev
ZURICH, March 20 (Reuters) - Switzerland awoke on Monday to a new era after UBS (UBSG.S) agreed to take over the ailing Credit Suisse (CSGN.S), with a bank employee association saying it was "deeply...
Posted in International
First Citizens in talks to acquire Silicon Valley Bank [buyout/ takeover]

First Citizens in talks to acquire Silicon Valley Bank [buyout/ takeover]

  • March 18, 2023
  • 0 Comments
  • By CorpDev
March 18 (Reuters) - First Citizens BancShares Inc (FCNCA.O) is evaluating an offer for Silicon Valley Bank (SIVB.O), Bloomberg News reported on Saturday, citing people familiar with the matter.At...
Posted in Financial Services

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