Oracle Corp has joined some of the investors of TikTok’s Chinese owner, ByteDance, in pursuing a bid for the popular short-video app’s operations in North America, Australia and New Zealand, according to people familiar with the matter. The move would represent a...
Texas-based private investment firm Andros Capital Partners has closed its energy-focused inaugural investment fund Andros Energy Capital LP at its USD250 million hard cap. Andros did not use a placement agent or any outside advisor in connection with the capital...
The London Stock Exchange (LSE) has set deadlines for this week and mid-September for indicative bids for all or parts of Borsa Italiana to help win European Union approval for its $27 billion takeover of data company Refinitiv, sources said on Tuesday. The EU’s...
The Norwegian Government Pension Fund, one of the largest pools of sovereign capital in the world, lost $21.3bn in the first six months of 2020 as its investments failed to weather the market storm unleashed by Covid-19. The giant fund’s 3.4% investment loss undershot...
Billionaire Elon Musk’s SpaceX has raised $1.9 billion (1.4 billion pounds) in new funding, according to a regulatory filing bit.ly/3178nk3 on Tuesday. Bloomberg, which reported about the fund round last week, said the private rocket company will have an equity... 