Coronavirus takes a bite out of Berkshire Hathaway’s investments in four airlines, as Jets ETF has dropped in 14 of past 15 sessions The selloff in airline stocks resulting from the coronavirus outbreak could be costing Warren Buffett nearly $3bn over the past few...
Sequoia Capital, one of the world’s top venture capital firms, sent a note to the founders and CEOs of its companies on Friday describing the coronavirus as “the black swan of 2020” and urging them to brace for coming economic shocks. The note, which it also...
UK private equity firm is known for backing companies including Hugo Boss and Duff & Phelps A unit of Goldman Sachs is in talks to buy a stake in Permira, a large international private equity firm, according to people familiar with the matter. In the deal being...
Hedge fund CIAM has requested an exceptional dividend payout of 970 million euros ($1.05 billion) from Belgium’s Telenet citing management underperformance, a letter from the Paris-based activist investor showed on Friday. CIAM is “concerned by Telenet’s financial...
U.S.-based private equity firm Clayton, Dubilier & Rice has agreed to buy British healthcare marketing and services company Huntsworth for about 400 million pounds ($511 million) in a bet on continued strong growth in global healthcare markets. Clayton, Dubilier...