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What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
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United States | Publication | May 3, 2021
Governor Newsom signed into law SB 93, requiring hospitality and building service employers to offer vacant positions to laid-off employees who previously held those positions. The key takeaways are:
The law provides for a $100 civil penalty for each employee whose rights are violated under the new law, and an additional $500 penalty per employee per day as liquidated damages until the violation is cured. It also prohibits employers from retaliating against any laid-off employee seeking relief under the law.
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It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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