Australia's Insignia Agrees to US$2.15 Billion Takeover by CC Capital
Insignia on Tuesday said its board would unanimously recommend a cash offer of 4.80 Australian dollars, equivalent to US$3.13, a share. The announcement likely ends a contest for the ASX-listed company sparked in December by a A$4.00-a-share proposal from Bain Capital.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a minute ago
- Yahoo
JD.com to Acquire European Retailer CECONOMY in $2.B Takeover Bid
Inc. (NASDAQ:JD) is one of the best upside stocks to invest in now. On July 30, announced a decision to make a voluntary public takeover offer for all shares of CECONOMY AG. CECONOMY is the parent company of European consumer electronics retailers MediaMarkt and Saturn. The offer is being made through a wholly-owned subsidiary, called JINGDONG Holding Germany GmbH (the Bidder), for a cash consideration of EUR 4.60 per share. The Bidder and CECONOMY have signed an investment agreement related to the takeover offer and their future cooperation. The Bidder also has agreements with several CECONOMY shareholders, who have irrevocably committed to accept the offer for a total of 31.7% of the shares. This includes a 3.81% stake from CECONOMY's largest shareholder group, Convergenta Invest GmbH. A wide and imposing view of a supply chain distribution center, illustrating the company's technology capabilities. Post-takeover, Convergenta will hold 25.35% of the CECONOMY shares. This secures a combined shareholding of 57.1% for future partners and the company itself before the offer's launch. CECONOMY's Supervisory Board and Management Board are in full support of the takeover. plans to contribute its advanced technology, e-commerce expertise, and logistics capabilities to strengthen CECONOMY's business, which currently operates over 1,000 retail stores in 11 countries. Inc. (NASDAQ:JD) is a supply chain-based technology and service provider in the People's Republic of China. It operates through three segments: JD Retail, JD Logistics, and New Businesses. While we acknowledge the potential of JD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Bloomberg
4 minutes ago
- Bloomberg
Apollo in Talks to Revive $2 Billion Debt Sale Tied to Auto Deal
Private equity firm Apollo Global Management Inc. is in talks to revive a sale of more than $2 billion in debt tied to a buyout involving Canadian auto parts maker ABC Technologies Holdings Inc. that got stuck on banks' balance sheets during April's tariff-fueled market selloff. The latest discussions have involved private credit firms including HPS Investment Partners, signaling a potential shift away from the broadly syndicated market where banks operate, according to people familiar with the matter who were not authorized to speak publicly. Apollo, which backs ABC, is expected to take some of the debt in this round, they said.
Entrepreneur
an hour ago
- Entrepreneur
How to Build Leaner, Smarter Teams Through Job Pixelation
Forget rigid job titles — smart organizations are pixelating their work to automate the grunt, empower their teams and outpace the competition. Opinions expressed by Entrepreneur contributors are their own. When the Commonwealth Bank of Australia reimagined its financial crime compliance operations in 2024, it didn't just upgrade its tech stack; it fundamentally rewired how work gets done. By consolidating 12 legacy applications into a single, cloud-based AI platform, the bank automated large portions of its investigative workflow. Tasks like sifting through alerts, generating summaries and drafting suspicious activity reports — once handled exclusively by human analysts — are now managed, in fractions of seconds, by generative AI. This transformation freed up investigators to focus on nuanced, strategic decisions that machines still can't make. It also illustrated a shift many founders and small business owners are starting to experience firsthand: the traditional "job" is dissolving into discrete, dynamic pieces that move faster than ever before. This is job pixelation. It's not a theory anymore — it's already here. And for entrepreneurs, it's an opportunity hiding in plain sight. Whether you're managing a lean startup team, juggling multiple roles as a solopreneur or scaling a growing business, your work is becoming a shifting constellation of tasks. Embracing job pixelation means designing your and your team's work to adapt quickly, automate intelligently and stay resilient in the face of market shifts. Here's where to start: Related: Will You Be Able to Adapt and Thrive in the AI Era? Ask Yourself These 7 Questions. 1. Rethink your role as a set of tasks Your title as founder or business owner might stay the same, but the work beneath it is constantly in motion, driven by tasks that shift, shrink or disappear altogether. That's standard in business. But increasingly, those tasks are being automated, reassigned or supported by AI, especially in small or growing companies where every hour counts. This doesn't mean humans are being replaced; it means your and your team's roles are evolving into something more dynamic. In fact, 56% of company leaders surveyed by PwC report that generative AI has improved how employees use their time efficiently, while around one-third have seen increases in revenue and profitability. So, instead of clinging to static job descriptions, start by mapping how you and your team actually spend time. Which tasks still require humans' unique judgment or creativity? Which could be delegated, automated or made more efficient with the right tools? This exercise isn't about doing more work but designing a smarter workflow so your lean team can stay focused on growth. Try this: For one week, jot down everything you and your team do. Then, circle the items that feel repetitive or rules-based. These are your pixelation opportunities: places where technology or new processes could take over and free you up to focus on leading, innovating and driving the business forward. 2. Build a lightweight work operating system In a pixelated environment, the key isn't doing more yourself — it's orchestrating better across your business. As a founder, you juggle evolving priorities, remote collaborators, contractors and AI tools that change how work flows daily. Without a system, those moving pieces quickly become chaos. You don't need expensive software to start. Many small teams use simple visual boards to show who's doing what, when and with which tools. Even basic trackers can expose hidden delays, automation gaps or duplicated efforts that cost precious time and money. The result is smoother workflows along with a clearer view of your business operations. Take TechNova, a SaaS startup, for example. As it scaled, its distributed teams struggled to stay aligned, leading to costly miscommunication and slow releases. Instead of overcomplicating things with enterprise software, they streamlined how teams collaborated and tracked work using simple, shared boards and clear handoff processes. The result was faster decision-making and smoother product development without adding overhead. If your company's processes feel similarly tangled, build your own "Work OS" with what you already have, like Kanban boards, shared docs or sticky notes, to visualize how work moves. Don't aim for perfection. Aim for visibility so you can make smarter decisions faster. Related: How I Automated 50% of My Business Tasks and Scaled Without Hiring More Employees 3. Develop task versatility Specialization still matters, but adaptability is the real edge when you're leading a lean team. The most valuable entrepreneurs I've worked with aren't always the ones with the deepest technical expertise. They're the ones who can jump into any challenge, learn fast and contribute without everything spelled out. You don't need to become a generalist, but you do need a modular mindset — able to quickly connect with tools, clients and workflows as they evolve. One insurer I know retrains employees with AI-powered learning modules that update in real time as new tasks emerge. That way, skill-building happens inside day-to-day work, not in separate, time-consuming trainings. Want to pilot this? Pick one adjacent skill critical for your business, such as prompt design, automation scripts or data visualization, and dedicate 30 minutes a week to learning it. Then encourage team members to do the same. Your goal is to build cross-functional confidence that keeps your business nimble. 4. Update how you track and showcase impact If you're still measuring yourself or your team by how many tasks get completed, you're missing the bigger picture. As AI handles parts of your operations, your value shifts to designing better workflows, ensuring quality and integrating new tools — areas traditional KPIs rarely capture. For example, at one healthtech firm I worked with, performance reviews now include AI fluency, workflow design and learning agility. This surfaced under-recognized team members who quietly improved systems, not just output. As a founder, redefining what success looks like for yourself and your team can uncover hidden strengths and future leaders. Start tracking how often you or your team improve a process, adapt to a new tool or help others navigate changes. Bring that data to investor updates or team meetings. This reframes you from taskmaster to architect of smarter ways to work. Related: Want Your Workers to Be More Productive? You Need a Better Way to Measure Their Contributions 5. Pilot a micro-transformation You don't need to overhaul your entire company to benefit from pixelation. Pick one high-volume, slightly messy process and break it down. Where do delays happen? What can you automate? Which decisions need your input as a founder? One colleague redesigned their startup's weekly budget approvals using simple automations and clearer handoffs, saving several hours per week while revealing new leadership potential on their team. Try the same: Choose a recurring workflow, map it step by step and reassign or streamline wherever possible. Document what changes and share your results with your team or advisors. Small wins compound over time and create a blueprint for bigger transformation across your business. The job, as a fixed container, is fading — and that can feel unsettling. But for entrepreneurs, it's a chance to lead with vision instead of getting lost in busy work. Embracing job pixelation means adopting a mindset of continuous transformation. By designing flexible systems, investing in team versatility and redefining how you measure success, you position yourself and your business to stay resilient, responsive and ready to seize new opportunities as the market evolves.
