글로벌 인사이트: Standard Capital
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Standard Capital은 미국을 포함한 전 세계에서 투자 기회를 탐색하는 해외주식 리서치 채널입니다.
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VC Deals
London-based Finbourne Technology, which offers a financial data management platform, raised over £100 million from investors including CommerzVentures.

Massachusetts-based 6K, a specialist in the sustainable production of lithium ion-batteries, raised an $82 million Series E led by Anzu Partners, Energy Impact Partners LaunchCapital and others.

Forterra, a Maryland-based autonomous vehicle technology startup, raised a $75 million Series B led by Moore Strategic Ventures, XYZ Venture Capital and Hedosophia.

Form3, a London-based developer of payment technology, secured $60 million from investors including British Patient Capital and Visa.

Formo, a Berlin-based maker of animal-free cheeses, received a $61 million Series B from investors including EQT Ventures, Lowercarbon Capital and M Ventures, Sifted reported.

Israeli quantum computing startup Quantum Source has raised a $50 million Series A led by Eclipse.

Delaware-based Smartcat, an AI translation startup targeted for large businesses, raised a $43 million Series C led by Left Lane Capital.

Menlo Park-based AttoTude, a data center technology startup, has raised a $29 million Series A from Sutter Hill Ventures, Canaan Partners and Wing Venture Capital.

Germany's Retraced, which offers a compliance platform for the fashion and textile industry, received a €15 million Series A led by Partech.

PE Deals
CVC Capital Partners increased its bid for Schenker, the logistics business of Deutsche Bahn, Reuters reported. The offer guarantees Deutsche Bahn at least €1 billion in the event of a potential future IPO exit if the German government remains as an investor.

L Catterton acquired a majority stake in Latvian bath and body care company Stenders.

Malaysian coffee chain operator ZUS Coffee raised $57 million from a group of investors including KV Asia Capital.

Walter Capital Partners took a majority stake in Martins Industries, a Quebec-based company specializing in equipment and supplies for tires and wheels.

Redwood Software, an automation fabric solutions provider, has entered an agreement to be acquired by Warburg Pincus and Vista Equity Partners.

Audax Private Equity has acquired Canada-based Total PowerGen, a distributor of power generation solutions.

Argentum has made a strategic growth investment in L2 Aviation, a company that specializes in avionic advancements.

EIR Partners has made a majority growth investment in PharmaForceIQ, which provides an AI-driven platform with marketing solutions for pharmaceutical brands.

Exits & IPOs
Gen.video, a marketing specialist, has acquired Bounty, a startup focusing on automation in the sponsored partnerships space.

Confluent is buying the data-streaming service startup WarpStream.

Tenant accounting specialist AccountTECH has acquired Shaker.io, a real estate management platform provider.

Fundraising
Bain Capital Life Sciences has raised its fourth flagship fund with about $2.5 billion in total commitments.

London-based FitzWalter Capital reached a $1.4 billion close on its second fund.

Paris-based Sienna Capital raised €400 million for its maiden fund, which just completed a second close.
* DSV WINS RACE TO BUY DEUTSCHE BAHN'S SCHENKER

Denmark's DSV wins 14 bln-euro race for Deutsche Bahn's Schenker, sources say

https://www.reuters.com/markets/deals/denmarks-dsv-wins-14-bln-euro-race-deutsche-bahns-schenker-sources-say-2024-09-11/
Truckload Volume just hit a 2-year high as imports surge, and LAX long-haul outbound shipments spike. Rejections are below 5%, signaling fresh volume in the market. If rejections rise toward 8-10% and the contract-to-spot gap narrows, a market shift may be on the horizon.

https://x.com/FR8Professor/status/1833936224274227666
물동량 좋은데 침체 운운하기엔 시기상조
[단독] 오픈AI 65억 달러 조달 추진

-> 기업가치 1,500억 달러 추산(직전 라운드 860억 달러 대비 큰 폭 상승)
-> 마이크로소프트, 엔비디아, 애플도 투자 참여 논의
-> 은행권에서 RCF 형태로 50억 달러 차입도 추진
"저평가란 말도 부끄러워"…한국시장에 기관투자자 쓴소리

네덜란드연기금측 "경영권이란 말 없애야…주주가 유일한 권리"

"한국 시장은 저평가라고 말하기도 부끄럽고, 자본시장에서 평가는 끝났다고 볼 수 있다."
https://www.yna.co.kr/view/AKR20240912035751002?section=search
한국은 회사가 잘 되어서 나온 Cash Flow와 같은 과실을 주주가 제대로 배분 받지도 못하고, 매각 될 때도 경영권 프리미엄이라는 이상한 용어를 동반해 대주주 지분만 홀라당 팔고 의결권 강화한다고 허수아비 이사회 통해 저가 유증으로 주식 발행량 급증시켜 주주가치 훼손하는 국가입니다. 해외의 M&A 뉴스를 보시면 아시겠지만 경영권 프리미엄이라는 해괴한 용어는 등장하는 경우가 없습니다.

회사부터 저러는데 뭘 믿고 투자합니까?
1
모든 밸류에이션 방식의 전제는 회사의 미래 과실에서 투자자가 보장받을 파이가 있다는 Trustability임. 한국은 그게 없는 시장임. 당연히 유사증시처럼 운영되는 것이고 유사증시의 역할은 소액주주 돈 강탈해서 대주주 배불리기, 재벌 소득세 대납 등.
삼성전자 인도 공장 근로자 수백 명 파업해 생산 차질

스리페룸부두르 공장은 삼성전자의 인도 공장 두 곳 중 규모가 작은 곳이나 연간 120억 달러에 달하는 인도 매출의 20∼30%를 차지한다. 해당 공장에는 약 1천800명의 직원이 근무하고 있으며 스마트폰보다는 전자 제품을 주로 생산한다.

보도에 따르면 공장 앞에는 '무기한 파업'이라고 쓰인 포스터가 걸렸고 약 800명의 근로자가 공장 밖에서 항의 서명부에 서명했다.
글로벌 인사이트: Standard Capital
UniCredit Buys $774-Million Commerzbank Stake From German Government The German finance agency said Wednesday that it sold a first block of its crisis-era stake in Commerzbank, reducing its shareholding to 12% from 16.49%. The entire package of shares was…
CET1 Ratio로 봤을 때 유니크레디트가 인수에 이용 가능한 자체 자금은 최대 142억 유로 수준.

코메르츠방크의 어제자 주가에서 30% 프리미엄이 낀다고 가정했을 경우 유니크레디트 어제자 시총의 대략 15% 이상은 외부에서 조달해야 함. 다만 유니크레디트 주가도 오른다면 이 %는 낮아질 수 있음.

할 만한 거래인듯? 그러니 오늘 유니크레디트 CEO가 완전 인수도 가능한 시나리오임을 암시하는 인터뷰를 한 이후로 주가도 2.8% 오르고 있는 것으로 생각. BBVA가 Sabadell 전량 주식 인수 추진했을 때랑은 전혀 다른 액션.
인도 SENSEX가 갑자기 급등하며 83K를 Cross했는데 현지 언론이나 경제지 봐도 별다른 이유를 대지는 못하고 있음. BSE SENSEX 종가는 83,048.06으로 1,524p(1.87%) 상승해 역대급 상승폭 기록.

상승 종목도 HDFC, ICICI, SBI 등 금융주나 Bharti Airtel, Reliance와 같은 전통적인 대형주들 위주로 평이한 모습.
VC Deals
Belgium's PanTera, a radioisotope producer, raised a €93 million Series A led by EQT Life Sciences.

Qualifyze, a German supply chain risk management company, received a $54 million Series B led by Insight Partners.

Neat, a Paris-based embedded insurance startup, secured a €50 million Series A led by Hedosophia.

Massachusetts-based medical imaging startup SpectraWave has raised a $50 million Series B from Johnson & Johnson, S3 Ventures, Lumira Ventures and others.

PhoreMost, a UK-based biopharmaceutical company, raised over $50 million for its Series B from investors including Parkwalk Advisors, Amadeus Capital and Astellas Venture Management.

CorFlow Therapeutics, a Swiss medical device startup, secured a €44 million Series B led by Broadview Ventures and Panakes Partners.

Radiant Biotherapeutics has raised a $35 million Series A co-led by the Bill & Melinda Gates Foundation and Amplitude Ventures for the Toronto-based startup's antibody therapies.

Battolyser Systems, a Dutch electrolyser manufacturer, received a €30 million Series A from Global Cleantech Capital, Innovation Industries and Invest-NL.

Spare, a Vancouver, Canada-based ridesharing specialist, has raised a $42 million CAD (about $31 million) Series B led by Inovia Capital.

Egyptian payments startup Paymob has extended its Series C with $22 million led by EBRD Venture Capital.

PE Deals
GTCR is in talks with Bain Capital and Cinven about acquiring German drugmaker Stada, Bloomberg reported.

Maven exited its investment in CB Technology to Elite Electronic Systems, having generated a 2.85x return on its investment.

Renovus Capital Partners has struck a deal to acquire Springfield-based QualX Corp., a provider of records and information management. The deal will allow for the company to enhance its product, team, and market footprint as it seeks to improve solutions for federal government agencies.

Europe Snacks, a company specializing in the private label manufacturing and co-manufacturing of snacks in the European market, has agreed to be acquired by an affiliate of One Rock Capital Partners.

Coalesce Capital has acquired Miller Environmental Group, a waste, industrial and environmental service provider. The deal will focus on developing the company through talent recruitment, investing in technology and making add-on acquisitions.

Rundle Partners has acquired Halifax-based Iris Booth, a photography technology company focused on providing accessible and affordable headshots. The deal will focus on the company’s next stage of growth as it continues to build on its capabilities like AI-powered photo editing.

Exits & IPOs
The wearable technology company Oura has purchased Veri, a metabolic health startup for an undisclosed amount.

The organ transplant technology startup Paragonix Technologies has been bought by Getinge for $477 million.

Bloomfield, an agtech monitoring startup, has been acquired by the North American affiliate of the Japanese machinery corporation Kubota.

Fundraising
Berlin-based impact investor AENU has closed a €170 million fund targeting seed and Series A investments in energy transition and carbon economy startups.

Los Angeles-based Fika Ventures has raised $160 million for its fourth flagship fund, The Wall Street Journal reported.

Next Frontier Capital has closed its fourth flagship fund with $102 million in total commitments.

For its second flagship fund, eGateway Capital has raised $94 million.
생산자물가, 실업수당청구 나온 후 나스닥 선물 음전했다 다시 양전, R2K 선물은 상승폭 0.4%->0.1% 축소 후 0.3%까지 회복, 유럽 지수 현물도 상승폭 빠르게 축소

남아공은 민주동맹측이 교육부의 권한을 강화하는 법안에 반대하며 대통령이 최종 서명할 시 연정 탈퇴도 불사한다는 입장 표명. 이 법안은 교육부가 개별 학교의 교육 언어 및 입학 요건 결정에 개입할 수 있도록 하는게 골자.
라가르드 총재님 오늘따라 말실수나 숫자 잊으시는게 잦은 느낌