Court-appointed monitor Ernst & Young has extended the deadline for the acceptance of bids for Canadian wireless startup Mobilicity to December 16, a Reuters report said.
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Global merger and acquisition deals are dominated by Internet of Things - EY
The latest review by EY reveals that as far as mergers and acquisitions are concerned, the 3rd Quarter of 2015 was dominated by deals involving the Internet of Things. Each of the deal averaging USD1.2 billion in value.
Deloitte's partners report average earning of GBP822k
The 'Big Four' accounting firm Deloitte's partners on an average posted earnings of GBP 822,000 for 2014. Deloitte's partners numbering 721 recorded a 9.6 percent growth as their average earning was up from GBP 750,000 in 2013 to GBP822,000 in 2014, according to the UK arm of the accounting firm.
Canada's Mobilicity out of one airwaves auction, needs cash for another
Struggling Canadian wireless operator Mobilicity will not bid for more airwaves in one upcoming government auction and is trying to secure funding to participate in another, its court-appointed monitor said in a filing on the company's website.
Accountability Is Now Charles River CFO; New Firm Expands Services and Leadership Team
NEWTON, MA--(Marketwired - Apr 9, 2014) - Accountability Outsourcing, Inc. today announced that it is now Charles River CFO, Inc. (CRCFO), a women-owned strategic financial consulting firm focused on strategic transactions such as IPOs, mergers, acquisitions and other exits. The new firm is addressing the gap between operational CFOs and the firms that audit them.
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A recent report by Ernst & Young and Mergermarket projected increase in private equity activity in the oil and gas sectors, especially in emerging markets.
The city of Detroit has paid around USD23 million in fees to lawyers, consultants and financial advisers as it awaits a court decision determining its eligibility for bankruptcy protection from creditors.
Newcastle Airport Authority Ltd was reportedly planning to sell half its stake to infrastructure investors such as IFM Investors Ltd and other superannuation funds next year.
Ernst and Young publishes its annual report on the real estate private equity sector. According to the publication Global Market Outlook: Trends in Real Estate Private Equity, the emergence from recession and its consequent effects signals the real estate private equity sector position for growth in 2014.
According to a report by Ernst & Young, 391 merger and acquisition deals with a combined value of US$15.2 billion were recorded in the first half of 2013.
According to Ernst & Young, UK IPO market's success was driven by smaller US tech firms. According to the latest IPO Eye report from Ernst & Young, the UK initial public offering market ranked third, after the New York Stock Exchange and NASDAQ.
To stay competitive this year, companies should take a critical look at the following areas Companies operating in the private mid-market will face a number of common obstacles on their road to growth and profitability in the year ahead.
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