SoftBank fund cuts stake in India’s Zomato in $115m deal

SoftBank fund cuts stake in India’s Zomato in $115m deal

BENGALURU (Reuters) – SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at 9.47bn rupees ($114.7m), exchange data showed. The venture capital fund, part of Japan’s SoftBank Group, sold 100m shares at...
Kuwait wealth fund’s London arm manages $250bn in assets

Kuwait wealth fund’s London arm manages $250bn in assets

The Kuwait Investment Office’s AUM grew from $27bn in 2003 to $250bn this year. The London arm of Kuwait Investment Authority, which manages the country’s sovereign wealth fund, has $250bn of assets under management, KIA Chairman Saad Al Barrak said. The Kuwait...
Goldman Sachs enters final stage of GreenSky sale

Goldman Sachs enters final stage of GreenSky sale

Goldman Sachs’ proposed sale of FinTech lender GreenSky is reportedly entering its final stages, with bidders asked to place their best and final offers. US private equity company Apollo Global Management, investment firm Sixth Street, and the AI fintech Pagaya...