Arm deal collapse leaves SoftBank asset sales in disarray

Arm deal collapse leaves SoftBank asset sales in disarray

The collapse of SoftBank’s deal to sell chip designer Arm to Nvidia marks a major setback to the Japanese conglomerate’s efforts to generate funds at time when valuations across its portfolio are under pressure. The deal, which had met with industry opposition, fell...
3G Founders Have $1bn Bet on Federer-Backed Shoemaker

3G Founders Have $1bn Bet on Federer-Backed Shoemaker

Two families behind 3G Capital are major shareholders in an $8.8bn shoemaker backed by Roger Federer that sells a $200 pair of sneakers named for the tennis legend. Marc Lemann, son of 3G Capital founder Jorge Paulo Lemann, and Carlos Alberto Sicupira, who co-created...