by Sebastian | Jan 31, 2021 | News
The saga of GameStop is a story about the stock market. But it is also a story about politics. About power. About laws, memes, tech startups, wealth inequality, trolling, social media moderation, nostalgia, online organizing and mass psychology. And it is also a story...
by Sebastian | Jan 31, 2021 | News
A real estate investment trust sponsored by Brookfield Asset Management Inc. is set to float its initial public offering (IPO) next week aiming to raise Rs 3,800 crore (about $520 million) through the issuance of fresh units. This will be the third such public...
by Sebastian | Jan 31, 2021 | News
Private equity firm TPG is selling more than 10% of its clinical research and testing provider Novotech Pty Ltd to a group of investors. The transaction will value Novotech at more than $2.3 billion as the company prepares for an initial public offering in Hong Kong...
by Sebastian | Jan 31, 2021 | News
CapVest, the London private equity firm run by the Irish business magnet Seamus Fitzpatrick, is reportedly seeking to sell its Dublin-based Valeo Foods Group, run by Seamus Kearney. Capvest did not comment when contacted regarding a report last week by Sky News that...
by Sebastian | Jan 30, 2021 | News
Softbank Capital, the Japanese multinational conglomerate, wants Miami to become a bigger player in the tech ecosystem and it’s putting $100 million into the effort. On Thursday, Softbank Chief Operating Officer Marcelo Claure and Miami Mayor Francis Suarez...
by Sebastian | Jan 30, 2021 | News
Buyout firm Silver Lake disclosed on Friday that it sold its stake in AMC Entertainment Holdings for $713 million this week, capitalizing on a 10-fold rise in the price of the shares as traders organizing on social media platforms such as Reddit snapped them up. The...