Bain and CVC revise Serie A bids as clubs delay decision

Bain and CVC revise Serie A bids as clubs delay decision

Two private equity groups have revised their final bids to Italy’s top-flight soccer league as they vie to secure a slice of Serie A’s lucrative broadcasting rights business for the next 10 seasons, sources familiar with the matter told Reuters. The two offers will be...
A 28-Year-Old SPAC Billionaire Can’t Splash the Cash

A 28-Year-Old SPAC Billionaire Can’t Splash the Cash

Thomas Healy, the 28-year-old founder of Hyliion Holdings Corp. became a billionaire when his truck electrification company listed in New York last week. For those, like me, who question the wisdom of a start-up going public before it’s generated meaningful revenue,...
Insect Farm Lures Robert Downey Jr. in $224 Million Fundraising

Insect Farm Lures Robert Downey Jr. in $224 Million Fundraising

Investors are pouring money into Ynsect SAS, a French startup that will breed mealworms to feed fish and pets. A total $224 million of newly pledged funds will bring the company’s Series-C funding round to $372 million, one of the largest rounds for an insect farming...