•   
  •   
  •   

Health & Fit Why Dealmakers Expect Tech M&A to Keep Up Its Red-Hot Run

15:09  24 january  2021
15:09  24 january  2021 Source:   msn.com

How to make your own eggnog from scratch

  How to make your own eggnog from scratch When it comes to the holidays, food and drink are just as important as presents. Some households have traditions such as baking Christmas cookies to leave out for Santa Claus or building gingerbread houses together. When it comes to drinks, though, there’s one holiday cocktail that’s just as famous as hot cocoa: eggnog. The Best Pie Recipes for the Holiday Season Much like candy corn, most people seem to have a strong opinion on eggnog. Some people absolutely could nog all night, while others are completely thrown off at the thought of chugging down an egg yolk and milk mixture.

Dealmakers say technology CEOs are pondering their dream deals after a record year for global tech M & A that saw mega-transactions in areas Tech 's Big Run . Global M & A volume for tech and internet firms reached 0 billion in 2020. Source: Bloomberg. Potential buyers will be watching whether the

Dealmakers are turning to drones to help complete transactions in the era of social distancing. This is a way to keep Coty’s divestiture plans, including the sale of the beauty brands Wella and OPI, on The company withdrew its full-year estimates last month, saying it expected net revenue to decline

(Bloomberg) -- Dealmakers say technology CEOs are pondering their dream deals after a record year for global tech M&A that saw mega-transactions in areas from chips to enterprise software.

Global volume for tech and internet mergers and acquisitions reached $470 billion in 2020, second only to the dot-com bubble of 2000, according to data compiled by Bloomberg.

Salesforce.com Inc.’s December announcement that it was buying Slack Technologies Inc. for $25 billion -- the largest software deal of the year -- could spur other companies to revisit their wish lists, advisers said.

“Just the visibility of that transaction, a large deal of people pursuing dream deals using their currency has resonated with others,” said Sam Britton, Goldman Sachs Group Inc.’s co-head of global technology, media and telecom. “I do think we’re going to see some some similar things, maybe not of that size, but of people trying to capture their dream deals.”

This pecan pie martini is the sweetest way to jump start your Thanksgiving

  This pecan pie martini is the sweetest way to jump start your Thanksgiving “Top Chef” contestant Karen Akunowicz joins Sheinelle Jones on TODAY Talks Turkey to put a unique spin the traditional Thanksgiving salad with her grilled broccoli Caesar salad.

Tech stocks could come under pressure as President-elect Joe Biden's stimulus plan works its way through the U.S. economy. Celularity is expected to go public later this year via a SPAC merger with GX Acquisition Corp. The merged company’s equity value following the transaction’s closure will land

Running the tickers through TipRanks’ database, we wanted to find out what makes them so compelling.NexTier Oilfield Solutions (NEX)The first JPM pick is NexTier, a provider of oilfield support services. The oil industry is more than just production companies.

chart, bar chart: Tech's Big Run © Bloomberg Tech's Big Run

Potential buyers will be watching whether the market supports the stock of the acquirers doing deals. Salesforce shares have fallen about 14% since the Slack deal, wiping $32 billion off its market cap in what could be a cautionary tale.

Other buyers fared better with less sizable transactions. Twilio Inc. saw its shares gain $4 billion in market value in October when it announced a $3.2 billion all-stock deal for customer data company Segment.

Advisers expect enterprise technology companies with market values in the range of $20 billion to $100 billion to pursue acquisitions as they angle to overtake companies such as Adobe Inc. and Salesforce, once upstart software companies that are now valued at more than $200 billion. This class of the next big acquirers could include Twilio, ServiceNow Inc., Snowflake Inc., Zoom Video Communications Inc. and Okta Inc., industry bankers said.

This pecan pie martini is the sweetest way to jump start your Thanksgiving

  This pecan pie martini is the sweetest way to jump start your Thanksgiving Reality tv stars Tarek El Moussa and Heather Rae Young join Sheinelle Jones on TODAY Talks Turkey to make vegan stuffed peppers for a new dish to add to your Thanksgiving table.

Hot IPOs hang onto gains as investors keep betting on tech . Image Credits: Nigel Sussman (opens in a new window). Last year was a disaster across the board thanks to a global pandemic, economic uncertainty and widespread social and political upheaval.

And while its network of 2.13 billion monthly users doesn’t pay any money to use the core service, Facebook makes plenty of money — millions daily 1:39 Michael Cohen FBI Raids Office Of Trump Lawyer Michael Cohen-huffingtonpost.com Apple Inc. Apple says its global facilities are now powered

More mature technology companies such as SAP SE and Oracle Corp., meanwhile, may be looking for transformative deals similar to International Business Machines Corp.’s 2019 purchase of Red Hat Inc.

IPO Lure

Big tech players must still persuade private companies to sell to them instead of going public in a strong IPO environment. The market welcomed stock debuts last year by Snowflake and Airbnb Inc. by doubling their share prices. DoorDash Inc. was rewarded with a first-day share pop of 86%.

The robust IPO market could add to M&A, especially with IPOs by blank-check companies still surging. Once public, special purpose acquisition companies, or SPACs, begin their hunt for merger targets.

“The strong IPO market doesn’t take away from M&A,” said Marco Caggiano, JPMorgan Chase & Co.’s co-head of North America M&A. “It actually spawns more SPACs, which in turn drive M&A volume.”

Dig deep: beautiful tunnels around the world

  Dig deep: beautiful tunnels around the world Since the dawn of time humankind has had the urge to tunnel and burrow, whether for safety, storage, irrigation or to extract natural resources. Recently our most extraordinary tunnels were dug for transportation. From modern engineering marvels and regenerated historic passages to naturally occurring tunnels, we dig deep to find some of the world’s most beautiful tunnels.

Windows keeps track of the critical and recommended troubleshooting run on your device so you know what problems we’ve fixed. To find troubleshooting history, go to Start > Settings > Update & Security > Troubleshoot > Recommended troubleshooting history. Devices configured to “tell me when problems

I keep up with my industry in 3 main ways: subscribing to industry newsletters, attending monthly meetings, and following thought leaders on Twitter. My usual newsletter is an excellent industry newsletter that summarizes news, stats and trends in my industry every morning.

While the coronavirus pandemic has hurt many industries, it has shone a light on the tech space as so much of life goes virtual. CEOs got a front-row look at their IT systems during the pandemic, which could fuel IT spending for decades as companies adapt to new ways of working, said Jason Auerbach, global co-head of TMT at UBS Group AG.

“Whenever there are these kinds of shifts in tech spend, that drives M&A,” Auerbach said. “For many large-cap tech companies, if you want to continue to evolve and grow, M&A is going to continue to be the most efficient way to do it most of the time.”

Biden, Big Tech

With President Joe Biden’s administration still taking shape, executives will be watching for signs of how it will treat “Big Tech.” Advisers say it’s too early to know what the administration’s regulatory posture on tech deals will be.

Most bankers say they’re continuing to operate under the assumption that outside of the big four -- Amazon.com Inc., Apple Inc., Alphabet Inc. and Facebook Inc. -- tech companies can proceed with large deals.

One factor that would likely affect dealmaking is any change to the tax code under Biden. Tina Longfield, managing director and co-head of software at Truist, said some executives could try to push through deals ahead of that.

This Soul Food Chain Is Planning to Open 200 Locations

  This Soul Food Chain Is Planning to Open 200 Locations We went out and found the best Dutch ovens of 2020 for every home cook.Best Rated: Lodge Enameled Dutch Oven.Best Enameled Cast Iron: Le Creuset Signature Round Dutch Oven.Best Cast Iron: Lodge 5-Quart Dutch Oven.Best Ceramic Dutch Oven: Zwilling Spirit.Best Mid-Sized Option: Martha Stewart Collection 6-Quart Dutch Oven.Best Non-Stick Dutch Oven: Calphalon Classic Dutch Oven

“There are some CEOs and founders with whom we are engaging who are thinking about capital gains taxes, and as such, have expressed a desire to get liquidity this year with the expectation they will save on tax rate as compared to next year,” Longfield said.

Even if trade tensions with China ease under Biden, the increasingly active role of the Committee on Foreign Investment in the United States in its reviews of deals won’t change, according to M&A lawyer Kenton King, a Skadden Arps Slate Meagher & Flom LLP partner.

That means cross-border deals with China will still suffer.

“I don’t see the CFIUS regime in the Biden administration pulling the brakes back on what we saw from the Trump administration,” King said. “That is here to stay for the foreseeable future.”

Mega Chips

Some of the biggest-ever semiconductor and hardware deals were struck last year. They include: Nvidia Corp.’s $40 billion purchase of Arm Ltd.; Advanced Micro Devices Inc.’s $35 billion acquisition of Xilinx Inc.; and Analog Devices Inc.’s $21 billion deal for Maxim Integrated Products Inc.

All three are still under review. China’s antitrust regulator presents a real risk to getting further deals done, advisers to chip companies said.

Any M&A involving hardware companies in the supply chain usually means there is product and revenue in China. That triggers a regulatory review at China’s State Administration for Market Regulation (SAMR).

Companies could avoid deals even if the industrial logic makes sense to avoid two years of regulatory limbo, King said.

So far this year, one company has used the lengthy China review process to its advantage. With its sale to Cisco Systems Inc. mired in the SAMR review, Acacia Communications Inc. had grown weary of waiting and pulled out of the deal this month.

The result: Cisco added a 64% premium on top of its original July 2019 offer -- and saved the deal.

For more articles like this, please visit us at bloomberg.com

©2021 Bloomberg L.P.

15 Mini Thanksgiving Desserts That Won't Leave You With Leftovers .
Who doesn't love digging into a single-serve dessert? These miniature treat recipes feed 12 (or less)! The post 15 Mini Thanksgiving Desserts That Won’t Leave You With Leftovers appeared first on Taste of Home.

usr: 0
This is interesting!