Warren Buffett makes mistakes too. The 90-year-old billionaire on Saturday admitted he “paid too much” when his Berkshire Hathaway Inc spent $32.1 billion in 2016 to buy aircraft and industrial parts maker Precision Castparts Corp, its largest acquisition. Berkshire...
Cartesian Growth Corporation announced today the closing of its initial public offering of 34,500,000 units, including 4,500,000 units pursuant to the exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit generating total...
Special Purpose Acquisition Companies, otherwise known as SPACs, have seen intense investor interest in the past year. Now some major players in the UK financial markets are calling for a similar setup to take place on the London Stock Exchange. This could bring a...
AMP Limited and Ares Management Corporation today announced that they have entered into a non-binding Heads of Agreement to pursue the formation of a joint venture for AMP Capital’s private markets businesses of infrastructure equity and infrastructure debt, real...
Midcap IT company Mphasis is down over 3 percent in trade on Thursday because of the concerns around the deal that is taking place. Carlyle is a key contender and a lot of companies, which have been in the fray for the $ 3 billion transaction, could have step aside... 