Elon Musk’s SpaceX Raises $850 million in Private Funding

Elon Musk’s SpaceX Raises $850 million in Private Funding

SpaceX, the space exploration and satellite company owned by Elon Musk, raised $850 million in private equity funding this week, boosting the company’s valuation by more than half, CNBC reports.  This brings SpaceX’s valuation to $74 billion, a 60% increase from its...
Saga targets £170m to steer course through pandemic

Saga targets £170m to steer course through pandemic

Saga, the over-50s travel and insurance specialist, is in talks about a £170m debt package as it seeks to chart a course through the remainder of the coronavirus pandemic. Sky News has learnt that the company, which rebuffed a takeover approach last year, has kicked...
UPDATE: Asda’s Issa brothers in new tilt at Caffè Nero

UPDATE: Asda’s Issa brothers in new tilt at Caffè Nero

The billionaire owners of Asda are trying to launch an audacious raid on Caffè Nero by buying part of its £350 million debt pile.  Brothers Mohsin and Zuber Issa have reportedly approached lenders to the coffee chain seeking to build a position that would allow them...