Corporate governance - Vigil

Nielsen Holdings agreed to sell itself to a group of private-equity firms in a deal that values the media-measurement company at $16 billion including debt, resurrecting a deal after talks fell apart last week.

The bank says it now plans to buy back and cancel up to 36 million of its common shares compared with its initial plan for up to 24 million that it announced late last year.

Bed Bath & Beyond Inc. said it would add three new directors and explore options for its buybuy Baby business as part of an agreement with activist investor Ryan Cohen.

Groups including the antipoverty organization Oxfam have succeeded in placing proposals on shareholder proxy ballots that ask drugmakers to do more to widen access to the Covid-19 vaccines, such as exploring the transfer of their technology to other manufacturers.

Structured notes are a type of debt instrument that is linked to an underlying reference such as the S&P 500 or oil. The British bank had registered with the U.S. Securities and Exchange Commission to sell up to $20.8 billion of these notes. It exceeded the limit by $15.2 billion, the company said. 

The proposal has been approved by its board and the shareholders will vote on it at the annual meeting. The stock split, if approved, would be the latest after a five-for-one split in August 2020 that made Tesla shares cheaper for its employees and investors.

Some companies, including Chobani Inc., are pushing out their IPOs to at least late 2022. Many that have already filed IPO paperwork confidentially with the Securities and Exchange Commission, including Reddit Inc., are in a holding pattern, planning on updating their paperwork even if there are no plans to launch offerings soon, according to people familiar with the offerings.

The company’s management team, including Chief Executive Mark Zuckerberg, is scattering to locations far from its Silicon Valley headquarters in an extreme test of the limits of remote work.

Spotify Technology SA has reached a deal with Google to offer an alternative payment method within its app for users, the latest sign of the weakening grip that app stores have over third-party software.

Ontario’s Finance Ministry has given the green light for a new set of rules governing employees in the financial services industry who use the titles “financial planner” or “financial adviser,” standards designed to protect investors from doing business with unqualified individuals.

Amazon.com over the next month will face union elections at separate warehouses in New York City, a union-friendly area that has challenged the e-commerce giant in the past.

Bank of China’s residential mortgages soared in Ontario over the past six years, a new analysis shows, suggesting more Chinese lending shifted to Ontario’s housing market as B.C. cracked down on foreign real estate purchases.

The pay package included a salary of nearly $1.5-million, a cash bonus of $2.34-million, and share and option awards worth more than $22-million. That includes a special stock-option award worth $10.53-million that CP gave the 53-year-old Mr. Creel in March to keep him at the company through 2026.

Starboard, which has an 8.8% stake in the company, was seeking four board seats, but Huntsman said shareholders had elected the company’s 10-member slate of nominees, based on preliminary vote results.

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important SEC enforcement developments from the past month, with links to primary resources. This has been a busy month for SEC rulemaking and enforcement alike, and we examine the following questions:

The oil-and-gas producing province that prides itself on its entrepreneurial history is now touting its ambition to become a North American hub for companies trading in and offering services related to bitcoin, Ethereum, Dogecoin and other digital assets.

One of the stars of Calgary’s technology sector, Circle Cardiovascular Imaging Inc., is being acquired by U.S. private equity giant Thoma Bravo LP for $213-million.

But Nvidia’s business has grown more than fivefold since those days, with its chips now being snapped up for everything from game consoles to data centers to self-driving cars. Such growth demands the company’s ambitions be upscaled as well; Nvidia told analysts Tuesday that it now sees a total addressable market of $1 trillion for its growing line of chips and related software.

In a statement on Wednesday, his first in more than five weeks, Mr. Dias said he would check into a rehabilitation facility for substance-abuse issues. He said he had been coping with the nerve problem through pain killers, sleeping pills and alcohol, all of which had “impaired” his judgment in recent months.

Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials used in electric vehicles.

His surprising exit takes effect on March 29, nearly 33 months after he took over the top job at LNG Canada, which is building an $18-billion terminal to export liquefied natural gas from Kitimat, B.C.