Travis Kalanick Sells 20% of His Stake in Uber After Lockup

Travis Kalanick Sells 20% of His Stake in Uber After Lockup

Travis Kalanick sold about 20% of his stake in Uber Technologies Inc. last week. Kalanick, 43, a director at the ride-hailing company, sold 20.3 million shares worth about $547 million that were held in a trust, according to a regulatory filing on Friday. The trades...

EQT Nears Up to 650 Million Euros for Second Venture Fund

EQT Partners AB, the Nordic buyout firm, is set to raise as much as 650 million euros ($716 million) for its latest venture fund, adding to the growing number of sizable European-based pots of capital chasing investments in startups. Stockholm-based EQT Ventures could...

Private equity group KKR cashes out completely from Trainline

Investor group raises gross proceeds of £279m after selling 68m shares. A group of Trainline investors, led by its biggest shareholder KKR, have cashed out completely from the online rail bookings company, months after the group had one of this year’s most successful...

Morgan Stanley Is Latest Bank to Offer $1 Trillion Aramco Spread

Morgan Stanley is one of the most bearish — and bullish — on Saudi Aramco’s valuation. In a presentation for investors, Morgan Stanley bankers ran through several valuation models that gave a spread of about $1 trillion between the most bearish and bullish scenarios....