NAIROBIDAILYNEWS.COM: Latest News 06:26 2019-09-11

SoftBank may need to write down its stake in WeWork, Bernstein says

SoftBank could be forced to write down its multibillion-dollar investment in WeWork if the company fetches an IPO valuation below $25 billion, analysts at Bernstein said....

SoftBank may need to write down its stake in WeWork, Bernstein says

Source: cnbc.com

SoftBank urges WeWork to shelve IPO WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank, whose key group portfolio firms have tumbled in value. The valuation for the money-losing office-sharing startup coul...
19:13 2019-09-10

SoftBank to Buy at Least $750 Million of WeWork Parent Shares in IPO WeWork’s parent agreed to make sweeping governance changes and chose Nasdaq for its exchange, as the shared-workspace provider scrambles to keep its closely watched initial public offering on track....
21:13 2019-09-13

SoftBank reportedly asks WeWork to shelve IPO SoftBank, WeWork's biggest outside investor, is urging the startup to shelve its initial public offering, according to a Monday report from the Financial Times....
02:26 2019-09-10

WeWork presses on with IPO, pushing SoftBank into a corner Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group , with a stark choice: take a haircut or pony up even more cash....
01:26 2019-09-11

WeWork: SoftBank wants Adam Neumann replaced as CEO Japanese giant exploring ways to make big changeOffice-share start-up saw IPO postponedSoftBank, the biggest investor in WeWork, is exploring ways to replace Adam Neumann as chief executive, four people familiar with the matter told Reuters on Sunday. Related: 'A giant question mark': can WeWork's A...
06:39 2019-09-23

SoftBank turns against WeWork's parent CEO Neumann: sources Japan's SoftBank Group Corp , the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann as chief executive of the U.S. office-sharing start-up, four people familiar with the matter said on Sunday....
02:13 2019-09-23

WeWork IPO valuation could dip below $20 billion, clouding SoftBank's vision WeWork owner The We Company is considering slashing the valuation of its planned stock market launch to below $20 billion, two people familiar with the matter said, the latest blow to leading tech investor SoftBank Group after limp flotations of Uber and Slack ....
18:52 2019-09-10

WeWork IPO valuation likely below $20 billion, clouding SoftBank's vision WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key group portfolio firms have tumbled in value....
13:00 2019-09-10

SoftBank urges WeWork to shelve IPO over valuation concerns: FT SoftBank Group , a top shareholder in the holding company of U.S. office-sharing startup WeWork, is urging it to shelve a planned IPO on concerns over the valuation that can be achieved in a listing, the Financial Times reported on Monday....
06:00 2019-09-10

WeWork's IPO delay a blow to Japanese investment giant Softbank Failure of WeWork comes soon after Uber, another loss-making SoftBank investment, went publicWeWork’s decision to delay its public share offering after a lacklustre response from investors comes as a blow to Softbank, the Japanese investment giant that has thrown serious sums at several successful t...
10:52 2019-09-18

UPDATE 3-SoftBank turns against WeWork's parent CEO Neumann-sources Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann as chief executive of the U.S. office-sharing start-up, four people familiar with the matter said on Sunday....
03:26 2019-09-23

WeWork IPO valuation may dip below $20 billion in fresh blow to leading investor SoftBank WeWork owner The We Company is considering slashing the valuation of its planned stock market launch to below $20 billion, two people familiar with the matter said, the latest blow to leading tech investor SoftBank Group after limp flotations of Uber and Slack ....
23:26 2019-09-10

Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp ....
11:52 2019-07-19

WeWork Said to Consider Offer for 70 Percent Indian Affiliate Stake WeWork is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday....
11:39 2019-06-14

WeWork considers $1.9 bln offer for 70% Indian affiliate stake -Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter....
08:52 2019-06-14

WeWork considers $1.9 billion offer for 70% Indian affiliate stake: Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter....
11:26 2019-06-14

WeWork's Latest Threat: Old-School Landlords Trying to Copy WeWork Owners strike back as their big corporate tenants are targeted by WeWork and other purveyors of flexible leases and millennial-friendly workspace. ‘The biggest disruption to real estate since the invention of the elevator’...
18:13 2019-09-10

WeWork's Latest Threat: Landlords Copying WeWork Owners are striking back as their big corporate tenants are targeted by WeWork and other purveyors of flexible leases and millennial-friendly workspace....
09:39 2019-09-11

BMW should buy Jaguar Land Rover, Bernstein analysts say Jaguar Land Rover could lower operating and other costs substantially under the wing of a cash-rich bigger partner such as BMW, a Bernstein research note said....
22:26 2019-09-19

Cboe Welcomes New Issuer Bernstein to ETF Marketplace CHICAGO – October 18, 2017 – Cboe Global Markets, Inc. (BZX: CBOE | NASDAQ: CBOE), a leader in exchange-traded product (ETP) trading globally, yesterday welcomed new issuer Bernstein to the Cboe ETF Marketplace with the launch of two funds....
21:52 2019-05-21

Jim Cramer says Bernstein's downgrade on Costco creates a buying opportunity "Costco is a best-of-breed retailer that has repeatedly reinvented itself, and if they need to reinvent themselves again, that's exactly what they'll do," the "Mad Money" host says....
08:00 2019-09-20

John Eliot Gardiner: Britten to Beirut in the back of a taxi - my night with Bernstein As a student, the conductor met Bernstein and got to ask him about West Side Story. He’s waited 61 years to conduct it, a moment when its themes of bigotry and disempowered youth feel more relevant than everI was in my early 20s studying in Paris when Leonard Bernstein came to the city to conduct. W...
18:39 2019-08-04

Passionate, tender, heartbreaking … letters reveal Leonard Bernstein’s 10-year secret affair The West Side Story composer met and fell in love with a young Japanese fan on tour and their romance lasted until his deathOne was among the most brilliant composers and conductors of the 20th century, a sexagenarian who brought the world one of the great love stories of musical theatre. The other ...
16:39 2019-08-17

How to Write in Cursive I type all day. I swipe and tap on my phone. I scribble notes to myself on paper. I’m happy with my mostly-digital life. But every now and then I’ll get a handwritten note—from an old lady, usually—and I find myself wishing I practiced cursive more often. Those old ladies can write....
21:39 2019-06-12

They'll Let Pretty Much Anyone Write a Book, Huh How would you feel if I told you that Sarah Huckabee Sanders, the latest in a long, ignoble line of liars to vacate the role of Trump press secretary, is going to work on a book? Would you be shocked? Excited? Utterly devoid of any feeling whatsoever?...
06:13 2019-07-01

How to Write a Professional Twitter Bio Should your Twitter account reflect your personal life, or your professional expertise? Arguably, the answer is “both”—but it isn’t always easy to figure out how to balance the two identities....
19:01 2019-06-18

Write More Thank-You Notes to Colleagues You Appreciate Professional communication includes a lot of thanks. It’s a go-to closing for emails, even those that don’t require action from the recipient. But when’s the last time you sat down outside of that 37-message-long email thread and wrote a thank you note to a colleague?...
21:26 2019-09-04

How to write the perfect thank-you note Your words of appreciation should be written on good-quality stationery – and posted as soon as possibleI am a big advocate of thank-you notes, as people will always think better of you for saying thank you properly. We can all send a WhatsApp message, but it is not the same as sitting down, putting...
19:13 2019-09-08

How to Write a Great Cover Letter A few weeks ago a close friend of mine posted a job on Facebook that was available in her office that just happened to be a perfect match for a different friend of mine that’s looking for a new job. I passed the info along to friend number two and connected them together....
14:52 2019-07-01

How to Write a Check for a Wedding Gift Tucked in among the many joys of celebrating a happy couple’s marriage are the myriad faux pas just waiting to get you. One of them: writing a check that is basically unusable for the newlyweds who would really love to add a couple of excursions to their honeymoon plans. While it may feel special to...
21:39 2019-08-27

MPs write to Facebook over contradictory evidence MPs have written to Facebook after a legal filing by the US government suggested the company may have misled parliament about the Cambridge Analytica scandal....
13:52 2019-08-01

How do you write a play about the climate crisis? As part of a new initiative, playwright Bess Wohl was tasked with writing a play about climate crisis, a daunting proposition that’s morphed into the off-Broadway drama ContinuityTime. Comedic timing. The freezing of time. How much time humanity has left before certain catastrophe.In Continuity, the...
09:52 2019-05-24

I can’t write about a world without rape – because I don’t live in one Women read and write crime fiction as a way to understand real experience. I was raped – and being told by the Staunch prize that books like mine are preventing justice is outrageousThat rape cases are hard to prosecute is no shocker, but the claim that crime writers are partly to blame shocked me. ...
18:26 2019-07-05

Harlan Coben: 'I cry a lot when I write – I need to cry more when I’m reading' The thriller author on the book that explains why writers are ‘plain nuts’, and the William Goldman novel that started him on his career pathThe book I am currently readingTwo at the moment: The Wych Elm by the great Irish crime writer Tana French: lyrical, suspenseful, unpredictable. And every year...
12:52 2019-06-14

Did Jane Austen write the first seaside novel? The author visited the new resorts of Lyme Regis and Sidmouth, and is rumoured to have had a holiday romance. Did she also create a new genre with Sanditon, her strange final work?Sanditon, abandoned unfinished in March 1817, four months before Jane Austen died, is set in a fictional fishing village...
21:52 2019-07-22

Write Your Kid a Letter Every Year on Their Birthday When my son turned one year old, I sat down to write him a letter. I wanted to talk to him, to tell him how monumentally he had grown over the past year. I wanted to remember how his newborn legs were so skinny, I could wrap my thumb and pinky finger around them with room to spare. I wanted to bottl...
22:26 2019-07-18

How to Write a Glassdoor Job Review Without Giving Yourself Away There are some jobs you just want to warn others about. Maybe you had a boss that micromanaged your every move, or your pay remained embarrassingly low despite your stellar work ethic. For any number of reasons, you may feel compelled to write a review and share your salary on one of the many online...
19:13 2019-07-23

'How Many Stories Can You Write About Rape?': 20 Years of Law & Order: SVU When Law & Order: Special Victims Unit premiered on September 20, 1999, reviews took issue with the righteousness of its lead characters Olivia Benson (Mariska Hargitay) and Elliott Stabler (Christopher Meloni), and its dark subject matter. “I don’t think we need an entire show dedicated to the ...
16:13 2019-09-20

Will No-Confidence Vote Write Brexit’s Next Chapter?  The nation that gave the world parliamentary democracy is poised to test the system’s safety valve: A vote to oust the government from office. With Britain due to leave the European Union on Oct. 31, and Prime Minister Boris Johnson vowing to go through with it whether or not a deal is in place to e...
13:52 2019-08-07

Jia Tolentino: ‘I like to write about instincts that are in some way good and in some way dangerous' Hailed as the Joan Didion of our times – informed, funny and fearless – the New Yorker’s Jia Tolentino is making sense of the world one essay at a timeUntil recently, one of New Yorker staff writer Jia Tolentino’s best-kept secrets was that she spent the summer of her 16th year filming a reality sho...
14:13 2019-08-11

Twitter rebuilds website for ‘write once, run everywhere’ philosophy Twitter today began rolling out a new version of Twitter.com, which impacts the front end and the back end, and has been years in the making.Read More...
19:26 2019-07-15

Here's a language bot just doing its best to write filthy erotica for humans Robots, despite our best efforts, are still not all that hot. Far from the science-fiction fantasies of artificial beings nearly indistinguishable from humans, 21st century AI mostly consists of off-kilter video game smut designed as jokes and the corpse-like fuckhusks created by modern Dr. Frankens...
21:39 2019-09-03

Write Notes on Your Kid's Back-To-School Pencils When my son started kindergarten a few years ago, I vowed to myself to draw a cute little picture on his foil-wrapped sandwich every day. Just a little something to remind him of home, to let him know I was thinking of him, to make him smile or feel loved....
17:52 2019-07-31

Here, My Friends, Is How You Write a Truly Nuclear False Equivalence If I were to ask you: “Who are ‘the new birthers?’” What might you say? I bet you cannot guess what the actual, published answer to this question is!!!!...
00:39 2019-08-14

Longtime Hearst CEO scores deal to write memoir A taciturn 86-year-old man seen as the bridge between the world of Hearst founder William Randolph Hearst and the modern multi-media giant it is today has a memoir slated to hit this fall from Simon & Schuster. “Leave Something on the Table: And Other Surprising Lessons for Success in Business and i...
15:39 2019-06-18

After Letter To PM, 9 Activists Now Write To Mamata Banerjee On Violence Prominent members of Kolkata's civil society, many of whom were among the 49 people who recently wrote to Prime Minister Narendra Modi against cow-related mob killings, have now written to Bengal......
00:26 2019-08-20

Women's World Cup: US re-write the record books with 13-0 win over Thailand Records tumbled as the US opened their World Cup defense with a 13-0 win vs. Thailand. Alex Morgan scored a record-equaling five goals for the Americans, who clocked up the biggest margin of victory in World Cup history....
05:39 2019-06-12

Barry Manilow Just Wanted to Write the Songs. He’s Still Singing Them. Performing, in this case on Broadway, is a big chunk of the 76-year-old musician’s life, but he finds it torture. (Not that anyone would be able to tell.)...
23:52 2019-08-05

You Can Write Your Grocery List On the Front of This $99 Mini Fridge We’re deep in the heart of mini fridge season at the moment, and if you still haven’t picked one up for your back-to-school needs, this $99 model is one of the coolest we’ve seen....
02:00 2019-08-24

Malaysian PM to write to Indonesia's leader as row over haze flares Malaysian Prime Minister Mahathir Mohamad is writing to Indonesia's leader to raise his concern about cross-border haze, Malaysia's environment minister said on Thursday, as a row over smoke from forest fires simmers....
13:13 2019-09-12

This AI-powered tool helps you write effective and inclusive job ads HR departments everywhere, here’s a little secret: Women don’t respond well to job ads requesting “superstars” or “ninjas.” This is what hiring platform Unitive discovered in 2015 (Unitive is currently part of HR-software company TalVista) when researching how to take the gender bias out of the empl...
21:00 2019-07-09

'Of excellent content': Kim Jong-un and Donald Trump still write to each other North Korean leader promises to ‘seriously contemplate the interesting content’ of letter from US penpal who recently received a ‘beautiful’ noteThe North Korean leader, Kim Jong-un, has received a personal letter from Donald Trump and will put serious thought into its content, North Korea’s state-r...
10:52 2019-06-23

Lawyers Write To Chief Justice Over VK Tahilramani's Transfer Madras High Court lawyers have written a letter to Chief Justice of the Supreme Court Ranjan Gogoi urging him to reconsider transfer of Justice Vijaya Tahilramani to Meghalaya High Court and said that......
21:00 2019-09-10

The New York Times doesn’t write headlines anymore – the mob does The editor of the New York Times said an interesting thing the other day: He doesn’t do the front page. “I don’t lay out the page. I don’t pick the front-page stories,” Dean Baquet, lead editor of the paper, told the Columbia Journalism Review after his paper changed a headline Monday night because ...
03:26 2019-08-08

David Nicholls: ‘Could I write a book that had no love story? I don’t know if I’d want to’ One Day made his name – and the nation cry. Now Nicholls is back with Sweet Sorrow, set over the summer of 1997. He talks about his Bafta win and why he’ll never tire of romanceWith the neat timing of one his books, David Nicholls’s new novel Sweet Sorrow is published exactly 10 years after One Day,...
17:00 2019-07-08

Why SoftBank Needs a Second Vision Fund Softbank could use a second technology megafund following the success of its Vision Fund, which has added a powerful shot of growth to the company’s recent financial results....
00:00 2019-08-08

Hillary and Chelsea Clinton co-write The Book of Gutsy Women Their book profiles more than 100 path-breaking women down the centuries, from a 17th-century radical nun to Greta ThunbergHillary Clinton is set to publish a new book about the women who have inspired her, from Mary Beard to Chimamanda Ngozi Adichie – “leaders with the courage to stand up to the st...
17:26 2019-08-06

"Serious Threat": Rebel Karnataka Lawmakers Write To Mumbai Police Again Fourteen Karnataka rebel lawmakers, who are staying at a hotel in Mumbai after resigning from the state assembly last week, have written to the Mumbai Police to seek protection from senior Congress......
09:52 2019-07-15

Female directors hope to write a new script for Oscar season As Hollywood’s awards season is kicking off at the Toronto International Film Festival, some hope out this year’s Oscar race plays out differently for female filmmakers...
22:13 2019-09-06

Here’s how you punch Keanu Reeves in the face, and then write a song about it In Netflix's 'Always Be My Baby,' Randall Park's Marcus punches the real Keanu Reeves in the face, and then performs an amazing song about it.        ...
04:13 2019-06-01

The Atlantic editor seems to suggest only white men can write long stories Jeffrey Goldberg later clarified his comment, saying white men ‘dominate’ cover stories ‘because they’ve had all the opportunities’The editor-in-chief of the Atlantic, the prestigious, semi-liberal US literary journal, has come under fire for appearing to suggest only white males can write 10,000-wo...
23:52 2019-06-06

Does SoftBank Really Have $108 Billion for Its Vision Fund 2? SoftBank appeared to have pulled off a fundraising coup last month when it announced a technology investment fund with $108 billion in expected capital from the likes of Apple and Microsoft....
14:52 2019-08-06

AI Is Hot and SoftBank Is Offering Cash to Burn SoftBank’s plans for a second technology megafund focused on artificial-intelligence startups is poised to flood an already-hyped sector with more money....
14:39 2019-08-08

Judge orders men who lied about being vets to write names of everyone killed overseas Along with jail time, a Montana judge sentenced two men who lied about being vets to do some homework — and eat some humble pie. Cascade County District Judge Greg Pinski ordered the men to handwrite the names of all 6,756 Americans killed in Iraq and Afghanistan, rewrite the obits for the 40 Montan...
08:39 2019-08-28

2 Punjab Girls Write Letter With Blood To President Kovind Seeking Help In the letter, the girls have claimed that they have been trapped in cheating cases and have been living in fear. They also demanded euthanasia for the whole family if they do not get justice....
10:52 2019-07-06

Dixons Carphone posts annual loss after mobile business write-down Dixons Carphone has reported a pre-tax statutory loss of £259 million for the past 12 months, largely thanks to a write-down in the value of its mobile business last December.Carphone Warehouse is the UK’s largest mobile phone retailer, but it has struggled to cope with changing consumer...
14:52 2019-06-20

Neoliberal pundits want to write off Bernie Sanders again. That's no surprise | Kate Aronoff The same media outlets that failed to predict Trump are pushing their status quo-friendly narrative on the Democratic raceBernie Sanders’s presidential campaign is collapsing. Or at least that’s what a passing glimpse at the country’s leading national news outlets would have you believe.A recent CNN...
16:39 2019-07-10

Give me a break! How to write the perfect out-of-office email | Arwa Mahdawi If, like me, you want some uninterrupted time off, writing an effective message is essential. Here are a few strategies to tryIt’s summer-holiday season – which means it’s out-of-office (OOO) email season. Chances are your inbox is already filling up with messages from people who are away from their...
13:52 2019-07-03

"Gross Abuse Of Power": Lawmakers Write To PM Against Indira Jaising Raid Over 20 members of parliament on Thursday wrote to Prime Minister Narendra Modi, protesting the Central Bureau Investigation's (CBI) raids against senior lawyer Indira Jaising and her husband Anand......
18:00 2019-07-11

'I longed for the moment you would write': the gulag penpals whose love lasted 60 years Vladimir was sentenced to 10 years’ hard labour. Ivanna was Prisoner 108, and his secret correspondent. She looks back on a love affair with a man she never metIn 1953, a young Ivanna Maszczak trudged through the Siberian labour camp in which she was serving a 10-year sentence. She was 28 years old,...
13:39 2019-09-07

Complex stone tools in China may re-write our species' ancient history A cache of sophisticated stone tools from a cave in China date back 170,000 years – perhaps a sign that our species arrived in East Asia earlier than we thought...
17:39 2019-05-21

U.S. clears SoftBank's $2.25 billion investment in GM's Cruise SoftBank has come under increasing U.S. scrutiny over its ties to Chinese firms in the face of an escalating trade and technology war between Washington and Beijing....
17:00 2019-07-06

SoftBank mulls bringing 40 companies to Brazil Japan's SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to announce a large investment in the country in around two weeks' time, the group's head in Brazil, André Maciel, said on Friday....
23:39 2019-09-21

SoftBank’s profit nearly quadruples on fund investments TOKYO — Japanese technology company SoftBank Group Corp. reported Wednesday its fiscal first quarter profit nearly quadrupled to 1.122 trillion yen ($10.6 billion) as its fund investments boosted income. Tokyo-based SoftBank’s April-June profit the previous year had totaled 313.7 billion yen. ...
12:00 2019-08-07

SoftBank Unit Yet to Conquer Internet of Things Arm Holdings’s software business posted $191 million in sales for the past fiscal year, a sliver of the $2 billion revenue goal set for itself by 2025....
17:39 2019-07-08

Sarah Huckabee Sanders to write book about her time in White House: report Well, that didn’t take long. Sarah Huckabee Sanders is reportedly planning to write a book about her time in the White House. The former press secretary stepped down Friday after serving nearly two years in the Trump administration. Sources told Axios over the weekend that Sanders wants to mov...
06:39 2019-07-01

Kobe Bryant tried, failed to write an inspirational post about his youth basketball team It’s pretty impressive watching someone become a legend in their chosen profession, only to achieve an equally astounding level of talent in a completely unrelated field. Take, for instance, Tom Waits’ seamless transitions between music and acting, or Donald Glover’s effortless floatation between fi...
00:26 2019-09-13

Greta Gerwig and Noah Baumbach to write Margot Robbie's Barbie movie According to The Wrap, Warner Bros. and Mattel have somehow convinced Greta Gerwig and Noah Baumbach—two legitimately talented and accomplished people—to write that Barbie movie with Margot Robbie. Gerwig is even being “eyed” to direct the film, which (no offense to Mattel or Gerwig or the generatio...
01:39 2019-07-16

Bristol City write to clubs explaining new policy of not kicking ball out of play ‘We’re going to let the ref manage the game,’ says Lee JohnsonFollows flashpoint against Leeds when City played onBristol City have written to every Championship club to tell them that they will not kick the ball out of play for any opposing player unless they have suffered a head injury.The club’s ...
21:26 2019-08-06

Jeffrey Lord: NYT ‘Stalinizing’ America, left wants to re-write American history on race Fox News contributor Jeffrey Lord responded to a leaked transcript from New York Times’ emergency town hall meeting Monday, saying that the newspaper wants to stir the narrative on race in the United States against President Donald Trump and in-favor of pro-Russian views.  ...
08:13 2019-08-20

'We Write the Songs’ event brings music legends — and tears — to Capitol Hill The American Society of Composers, Authors and Publishers has spent the last 11 years advocating for songwriters with an annual concert aimed at reminding lawmakers of the importance of music....
20:39 2019-05-22

Brazilian startup Volanty gets capital injection led by SoftBank Brazil's digital used car portal Volanty has received an infusion of 70 million reais ($17.6 million) from venture capital funds led by Japan's SoftBank and Kaszek of Argentina....
16:13 2019-08-08

iPhone 11 May Go on Sale on September 20, SoftBank President Tips iPhone 11 release date has seemingly leaked. Apple analyst Ming-Chi Kuo has said that he believes that the tariffs won't impact the prices of Apple products in China....
13:39 2019-08-06

Japan's SoftBank chases more deals with Mexican startups Japan's SoftBank Group Corp is in advanced talks to invest in Mexican used car platform Kavak and financial technology firm Konfio, several people familiar with the matter said, underscoring the company's interest in Mexico as it pours money into Latin America....
18:26 2019-08-09

SoftBank's Bid to Build a Solar-Power Empire Founders Investor Masayoshi Son sought deals of immense scale in Saudi Arabia, India and beyond to tackle one of the world’s toughest energy challenges. So far, his firm has done a fraction of what it promised....
04:39 2019-08-11

Softbank evaluating around 40 Brazilian companies for investment - exec Japan's SoftBank Group is evaluating around 40 Brazilian companies with high growth potential for possible investments, the group's head in Brazil, André Maciel, said on Friday....
06:26 2019-09-21

Wirecard deal with AUTO1 first fruit of SoftBank alliance German payments company Wirecard AG said on Thursday it was teaming up with car-dealing platform AUTO1 Group to offer digital financial services to consumers, in its first alliance with a company backed by Japan's SoftBank Group....
06:52 2019-07-18

Wirecard signs cooperation agreement with SoftBank's Brightstar Wirecard has signed a memorandum of understanding with SoftBank's Brightstar and anticipates "significant transaction volume" out of the deal, the German fintech announced on Monday....
11:39 2019-09-02

Softbank's Arm Holdings eases upfront license costs Arm Holdings, the British chip technology firm whose designs underlie mobile phone chips, is changing its licensing model to pursue a bigger customer base as more devices become connected to the internet....
15:52 2019-07-16

Five automakers back Toyota's and Softbank's self-driving business Tech companies and automakers have been setting differences aside and merging forces in hopes of getting themselves a piece of the self-driving pie as early as possible. Late last year, Toyota and Softbank teamed up to establish a joint venture calle......
15:00 2019-06-28

SoftBank plans to lend up to $20 bln to employees to invest in new fund- WSJ Japan's SoftBank Group Corp is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported https://on.wsj.com/307Ljih on Saturday, citing people familiar with the matter....
10:39 2019-08-18

SoftBank's Vision Fund to borrow $4 bln against stakes in Uber and two others - FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal....
08:00 2019-05-30

Eva Longoria and other celebrities write letters of support for actress Felicity Huffman ahead of her sentencing Actress Felicity Huffman is asking for a year's probation, 250 hours of community service and a $20,000 fine for her involvement in the college admissions scandal, a new filing from her attorneys says....
14:00 2019-09-07

Montana men who lied about being veterans sentenced, ordered to write names of Americans who died in wars Two Montana men who wrongly claimed to be military veterans while committing separate crimes were sentenced to prison last week — and they won't be eligible for parole until they complete a writing assignment that includes hand-writing the names of all Americans killed in the Iraq and Afghanistan wa...
19:00 2019-08-26

Leicester emerge from chaos ready to write new Premier League story | Stuart James Efficiency with transfers and a commitment to youth are signs of renewed ambition from the club who did the impossibleIt says much about the way that Leicester City are operating these days that their transfer plans extend well beyond this window. Forward-thinking is at the heart of an active approa...
15:39 2019-07-11

SoftBank's service to help power self-driving buses, farm machinery Japan's SoftBank Corp said on Monday it will launch a service this year that would use satellite navigation data and the telco's mobile base stations to help power self-driving buses, drones and farm machinery....
15:13 2019-06-03

Cybereason raises $200 million from SoftBank to expand global footprint Antivirus startup Cybereason said on Tuesday it raised $200 million in investment from Japan's SoftBank Group Corp , doubling the total investments raised by the company so far to about $400 million....
10:39 2019-08-06

SoftBank reportedly accelerates Japan’s 5G network plans by 2 years Japan's top carriers appear to be moving up their 5G rollout timetables, with an eye to more quickly increasing coverage throughout the island nation.Read More...
21:13 2019-09-17

SoftBank's Vision Fund to borrow $4 billion against stakes in Uber and two others: FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal....
08:13 2019-05-30

SoftBank Faces Challenges Raising Latest $100 Billion Fund SoftBank’s bid to raise a second mega fund has met with a chilly reception from some of the world’s biggest money managers, signaling that a crucial initiative for the firm faces significant hurdles....
21:13 2019-06-02

Car leasing app Fair raises $500 million loan from Mizuho, Softbank Car leasing startup Fair said on Tuesday it had raised $500 million in loans from a group of creditors, including Mizuho Bank and Japan's SoftBank Group Corp, as it looks to expand its leasing services to Uber drivers....
22:52 2019-09-17

SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ Japan's SoftBank Group Corp is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported https://on.wsj.com/307Ljih on Saturday, citing people familiar with the matter....
20:39 2019-08-17

SoftBank uses 'capital as a weapon' and competitors don't know how to react, says Bill Gurley Price competition fueled by SoftBank's investments makes for "one of the toughest things a board has ever had to analyze," Benchmark's Bill Gurley said....
23:26 2019-09-10

Five Japanese automakers invest in SoftBank-Toyota self-drive venture Five Japanese automakers including Suzuki Motor and Mazda Motor on Friday said they would each invest 2% in the on-demand, self-driving car service venture set up by SoftBank and Toyota Motor....
05:39 2019-06-28

Five Japanese automakers sign on to SoftBank-Toyota self-drive venture Five Japanese automakers including Suzuki Motor Corp and Mazda Motor Corp on Friday said they would each invest 2% in the on-demand, self-driving car service venture set up by SoftBank Corp and Toyota Motor Corp....
08:26 2019-06-28

VCs like SoftBank see big opportunity in solutions to world problems: Energy Vault CEO Robert Piconi, co-founder and CEO of Energy Vault, discusses the $110 million investment the Swiss start-up received from Japanese conglomerate SoftBank....
13:52 2019-08-16

SoftBank says Vision Fund 2 could start investing soon, bags big gains on first SoftBank Group Corp's second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported a leap in profits at its first $100 billion fund....
14:52 2019-08-07

SoftBank to Lend Founder and Employees Billions to Invest in Fund Softbank is leaning on its employees, including its chief executive, for cash as the firm rushes to raise an ambitious technology fund amid volatile markets....
17:26 2019-08-17

Security start-up Cybereason raises $200 million from Japan's SoftBank Boston-based security start-up Cybereason said Tuesday it raised $200 million in fresh funds from Japan's SoftBank Group Corp and its affiliates....
10:39 2019-08-06

SoftBank's Son says Japan lacks investment opportunities, is AI 'developing country' SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities in Japan, which he said is lagging in the race to develop artificial intelligence (AI)....
05:52 2019-07-18

Exclusive: U.S. clears SoftBank's $2.25 billion investment in GM-backed Cruise Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's SoftBank Corp....
11:13 2019-07-06

UPDATE 1-SoftBank mulls bringing 40 companies to Brazil -exec Japan's SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to announce a large investment in the country in around two weeks' time, the group's head in Brazil, André Maciel, said on Friday....
22:26 2019-09-21

SoftBank's Vision Fund 2 Plans to Begin Investing as Soon as Next Month The sequel to the world’s biggest technology investment fund could start investing billions of dollars as early as next month in a venture-capital market already awash with money....
02:39 2019-08-08

Saudi, Abu Dhabi showing 'high interest' in investing in VF2: SoftBank's Son SoftBank Group Corp founder and CEO Masayoshi Son said on Wednesday Saudi Arabia and Abu Dhabi are showing "high interest" in investing in the second Vision Fund....
11:13 2019-08-07

CORRECTED-Softbank mulls bringing 40 companies to Brazil -exec Japan's SoftBank Group is considering bringing around 40 companies with high growth potential to Brazil, the group's head in the country, André Maciel, said on Friday....
22:26 2019-09-21

Japan's SoftBank makes bet to challenge Brazil's concentrated banking sector Japan's SoftBank has led a $231 million new financing round for Brazilian lending platform Creditas, valuing it at $750 million and funding a future expansion to other Latin American countries, Sergio Furio, the founder of Creditas, said....
13:52 2019-07-10

Cyber defense firm Cybereason raises $200 million from Japan's Softbank U.S.-Israeli cyber security provider Cybereason said on Tuesday it raised $200 million from Japan's Softbank and its affiliates, bringing the company closer to an initial public offering....
10:39 2019-08-06

SoftBank brand Ymobile to delay launch of Huawei P30 Lite phone Japanese telco SoftBank Corp's low-cost mobile brand Ymobile said on Wednesday it would delay the launch of Huawei P30 Lite smartphone, following the imposition of trade restrictions on the Chinese manufacturer by Washington....
11:13 2019-05-22

SoftBank ‎Vision Fund eyes delivery start-up Glovo The world's largest technology investment fund is targeting the purchase of a substantial stake in Glovo‎, a Spanish online delivery start-up which competes with Deliveroo and Uber Eats....
19:00 2019-07-08

SoftBank's profit blows past estimates on Vision Fund gains Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund....
11:13 2019-08-07

SoftBank leads new financing round in Brazil's housing broker QuintoAndar Brazilian online housing broker QuintoAndar has raised $250 million in a new funding round led by Japan's SoftBank Group International, the company said on Tuesday....
09:00 2019-09-10

Japan's SoftBank is reportedly grappling with raising money for its latest fund Japanese conglomerate SoftBank Group has reportedly hit a roadblock in its quest to raise money for its latest fund, according to the Wall Street Journal....
07:52 2019-06-03

SoftBank Group to book 1.2 trln yen profit on sale of Alibaba shares Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd....
10:39 2019-06-04

SoftBank-backed Oyo, known for budget stays, to rebrand Hooters hotel in Vegas SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a source with knowledge of the matter said was worth $135 million....
13:26 2019-08-23

SoftBank Group to book 1.2 trillion yen profit on Alibaba share sale Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd....
09:39 2019-06-04

SoftBank Group to book 1.2 trillion yen profit on sale of Alibaba shares Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd....
09:13 2019-06-04

Collective Health secures $205 million in funding led by SoftBank Vision Fund Collective Health, which makes software for companies to pay workers' health costs directly, said on Monday it had raised $205 million in new funding led by SoftBank Group Corp's Vision Fund....
17:00 2019-06-17

SoftBank to launch service to help power self-driving buses, farm machinery Japan's SoftBank Corp said on Monday it will launch a service that uses satellite navigation data and its network of mobile base stations to help power self-driving buses, drones and farm machinery....
10:13 2019-06-03

Suzuki, Mazda, Subaru Join Toyota-Softbank Self-Drive Venture Suzuki, Mazda, Subaru Corp, Isuzu Motors Ltd and Toyota's compact car unit Daihatsu will each invest 57.1 million yen ($530,620) in the venture - dubbed Monet...
07:13 2019-07-01

SoftBank raises $270 million via Seoul unit for early-stage investments SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion won ($270 million) fund....
11:52 2019-07-19

WeWork's on-again off-again IPO delayed again After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday....
03:00 2019-09-17

They left their corporate jobs to write kids’ books in a barn. But a fairy-tale life is hard work. The creators of the popular “The Real McCoys,” “Everywhere, Wonder” and other books for young readers have built their life piece by piece, story by story, illustration by illustration....
16:52 2019-08-13

CORRECTED-Japan's SoftBank makes bet to challenge Brazil's concentrated banking sector Japan's SoftBank Group Corp has led a $231 million new financing round for Brazilian lending platform Creditas, valuing it at $750 million and funding a future expansion to other Latin American countries, Sergio Furio, the founder of Creditas, said....
09:00 2019-07-11

SoftBank executive sees major Mexican consumer firms as potential partners An executive in Japan's SoftBank Group said on Tuesday that the technology conglomerate is open to partnering with major Mexican consumer companies, such as retailer Femsa and bread-maker Bimbo, along with startups in the country....
05:26 2019-05-22

SoftBank exec sees major Mexican consumer firms as potential partners An executive in Japan's SoftBank Group said on Tuesday that the technology conglomerate is open to partnering with major Mexican consumer companies, such as retailer Femsa and bread-maker Bimbo, along with startups in the country....
04:52 2019-05-22

SoftBank Group's profit blows past estimates on Vision Fund gains Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund....
09:26 2019-08-07

First stop Southeast Asia: SoftBank, Toyota's autonomous car venture heads overseas The self-driving car joint venture of SoftBank Corp and Toyota Motor plans to begin operating in Southeast Asia next year, in its first overseas foray, its chief executive said on Tuesday....
16:00 2019-06-11

SoftBank leads financing round in Brazilian home goods retailer MadeiraMadeira Japan's SoftBank Group Corp has led a $110 million financing round for Brazilian online home goods platform MadeiraMadeira, according to a statement on Tuesday....
11:52 2019-09-17

SoftBank Corp first-quarter profit climbs 4% as mobile user numbers grow Japanese telco SoftBank Corp said on Monday its operating profit in the quarter ended June rose 4%, in line with estimates, as the number of mobile users grew....
08:26 2019-08-05

WeWork may cut its IPO valuation by billions WeWork, one of the most high-profile tech companies that has filed to go public this year, is now weighing whether to cut its targeted IPO valuation drastically, according to multiple news outlets...
09:39 2019-09-06

Here are the systematic risks of WeWork's IPO Scott Crowe, CenterSquare Investment Management, and CNBC's Robert Frank, join 'The Exchange' to discuss the risks of WeWork's IPO....
17:52 2019-09-14

WeWork parent says IPO still on despite setbacks WeWork owner The We Company said on Monday it expected to complete its initial public offering (IPO) by the end of the year, after walking away from preparations earlier in the day to proceed with its stock market debut this month....
05:52 2019-09-17

WeWork's Parent Postpones IPO WeWork’s parent postponed its initial public offering after investors questioned how much the company is worth and raised concerns about its corporate governance....
19:13 2019-09-17

Efficiency Win: This New Gmail Predictive Text Feature Will Auto-Write Passionate Replies To Ardent Love Letters From Your Suitors No one likes wasting their afternoon replying to email after email, and the clever minds at Google have developed a brilliant way to help their users streamline the process: A brand-new Gmail predictive text feature will now auto-write passionate replies to ardent love letters from your suitors.Wow,...
22:39 2019-06-05

SoftBank-backed lender OakNorth doubles staff, inks deal with NIBC Bank British financial technology firm OakNorth has signed a five-year deal to provide its credit analysis and monitoring platform to Dutch lender NIBC Bank NV [NIBC.AS], OakNorth said on Tuesday in its first such agreement to be made public....
08:26 2019-07-02

WeWork slashes its valuation ahead of IPO WeWork owner The We Company is targeting an initial stock market valuation of less than half of estimates from earlier this year, according to a report on Thursday, another sign of growing skepticism among investors about big but unprofitable technology names. The company, expected to list shortly, ...
17:26 2019-09-05

WeWork moves ahead with IPO despite pushback Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group, with a stark choice: Take a haircut or pony up even more cash. The We Company, WeWork’s parent, may seek a valuation as l...
20:26 2019-09-11

WeWork may seek IPO valuation as low as $10 billion WeWork’s parent company may seek a valuation as low as $10 billion in its looming public debut, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday. The deliberations indicate that WeWork does not feel confident that the corpo...
19:39 2019-09-13

Mired in debt, WeWork files for IPO As many have long expected, WeWork, the preferred provider of office space for freelancers and startups alike, has filed to go public. Its prospectus, which highlights the strengths and weaknesses of the business, including the current state of its financials, is currently live on the SEC website. A...
15:52 2019-08-14

WeWork's valuation is probably a little overstated: Professor Jay Ritter of University of Florida says, at the $50 billion valuation that investors are talking about, he would be "very skeptical" of buying into WeWork's stock....
16:26 2019-08-27

What WeWork's delayed IPO means for competitors Knotel co-founder and CEO Amol Sarva joins "Squawk Alley" to discuss the company's growth and room for competition amid WeWork's delayed IPO....
01:13 2019-09-18

WeWork could go public as early as September Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter told Reuters on Tuesday. The company is expected to make its initial public offering paperwork public in August, the person said. WeWork is also lookin...
16:39 2019-07-24

WeWork Parent Weighs Further Cut to Its Valuation WeWork’s parent is eyeing a valuation for its initial public offering that could fall below $20 billion as some existing investors push the workspace company to shelve the planned offering, people familiar with the matter said....
09:13 2019-09-09

UPDATE 4-WeWork parent says IPO still on despite setbacks WeWork owner The We Company said on Monday it expected to complete its initial public offering (IPO) by the end of the year, after walking away from preparations earlier in the day to proceed with it stock market debut this month....
06:26 2019-09-17

WeWork pushes IPO back at least a month The owner of office sharing startup WeWork agreed late Monday to postpone its stock debut until at least October — the latest in a series of setbacks to its initial public offering plans, The Post has learned. Earlier Monday, the San Francisco company, which rents shared office space to mostly entre...
12:26 2019-09-17

Nikkei flat as trade woes, strong yen saps risk appetite; SoftBank Group falls Japan's Nikkei ended nearly flat in choppy trade on Tuesday as festering trade tensions and a stronger yen curbed risk appetite, while extended losses for index-heavy SoftBank Group added to the overall pressure on the market....
10:39 2019-06-04

WeWork Weighs Slashing Valuation by More Than Half WeWork’s parent company is considering slashing its valuation roughly in half to around $20 billion amid IPO skepticism, people familiar with the matter said....
17:00 2019-09-05

WeWork shows widening losses in IPO filing WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the first time that showed it lost almost $700 million in the first half of 2019 while doubling revenue....
16:13 2019-08-14

Inside WeWork, one couple wields control In the early days of WeWork, the two people most associated with the company were cofounders Adam Neumann and Miguel McKelvey. As they grew the brand, the pair was interviewed and photographed, together and separately, by numerous publications....
09:00 2019-08-17

The Question of Whether or Not WeWork Is a Tech Company Has Been Answered Is WeWork, the sprawling chain of coworking spaces expanding across the country and abroad, a tech company? WeWork is sure scrambling to find reasons to claim so, because “tech” is apparently some kind of magic word that it thinks will justify its $47 billion valuation. Its critics have instead char...
18:00 2019-08-22

WeWork lifts veil on finances with IPO filing WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the first time....
13:52 2019-08-14

Regus-owner IWG targets WeWork with £3bn US float The tycoon who founded International Workplace Group (IWG), the world's largest shared office provider, is hatching a secret plot to spin off its US business into a separately listed company in New York....
18:39 2019-08-24

WeWork looking to go public as early as September: source Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter told Reuters on Tuesday....
03:39 2019-07-24

DealBook Briefing: Why WeWork’s I.P.O. Struggles Could Hurt The co-working company had been counting on public-market investors to finance its global expansion. Any shrinking or delay of its public offering would be a body blow....
15:13 2019-09-06

WeWork to List on Nasdaq, Make Governance Changes WeWork’s parent company has chosen to list its shares on Nasdaq and plans sweeping changes in its governance as the shared workspace provider speeds up preparations for its hotly anticipated initial public offering in the face of tepid interest from investors....
07:13 2019-09-13

After Breakneck Expansion, WeWork Stumbles as It Nears I.P.O. In a sign that investors are growing wary of fast-growing, money-losing start-ups, shares may be offered at a big discount to their January valuation....
03:00 2019-09-06

WeWork looking to go public as early as September - source Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter told Reuters on Tuesday....
05:26 2019-07-24

WeWork IPO spells rough landing for CEO Neumann Adam Neumann showed he can capitalize on troubled times a decade ago, tapping into demand for workspace by those forced out of jobs in the aftermath of the financial crisis to grow WeWork into a global brand commanding a $47 billion valuation....
14:52 2019-09-15

Former WeWork Executives Allege Gender, Age Discrimination WeWork is being sued by two former executives who are accusing the shared-office company of gender and age discrimination as it gears up for an initial public offering....
15:26 2019-06-21

WeWork to launch IPO roadshow as soon as Tuesday: source The owner of office-sharing company WeWork plans to launch a roadshow in New York for an initial public offering as soon as Tuesday, The Post has learned. Despite persistent skepticism about the company’s business prospects and corporate governance under Chief Executive Adam Neumann, We Company sign...
21:00 2019-09-16

Why WeWork Is Struggling to Sell Its Story to Investors WeWork’s parent, We Co., has raised billions of dollars from private investors, including SoftBank Group Corp. at a $47 billion valuation. The shared-office company is having a harder time convincing potential public-market investors it’s worth even half that much ahead of planned IPO....
03:13 2019-09-12

WeWork Parent Considers Reducing Valuation Before I.P.O. In a sign that investors are growing wary of fast-growing, money-losing start-ups, the We Company may offer shares at a significant discount to its valuation in January....
20:13 2019-09-05

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at $47 billion, it's far from turning a profit. Instead, it's hemorrhaging cash....
16:52 2019-05-21

Exclusive: WeWork considers dramatic valuation cut in IPO WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday....
18:52 2019-09-13

WeWork Delays I.P.O. After Chilly Reception From Investors The company’s parent has been trying to rescue the public offering amid concerns about the high valuation for a business that is deeply unprofitable....
16:26 2019-09-17

So How Much Is WeWork Spending on Kombucha Taps as it Hemorrhages Billions? WeWork, the coworking space startup, just filed paperwork detailing its financials with the Securities and Exchange Commission for an initial public offering and boy, oh boy, does it throw away a lot of money. Read more......
19:00 2019-08-14

NEWSMAKER-WeWork IPO spells rough landing for CEO Neumann Adam Neumann showed he can capitalize on troubled times a decade ago, tapping into demand for workspace by those forced out of jobs in the aftermath of the financial crisis to grow WeWork into a global brand commanding a $47 billion valuation....
16:00 2019-09-15

WeWork to reportedly go ahead with IPO despite investor's call to delay SoftBank, its largest private investor, has reportedly urged WeWork to shelve $20bn share sale amid mounting concernsWill free beer and a “we” spirit be enough? WeWork, the office space pioneer, is reportedly forging ahead with plans for a $20bn share sale despite being urged by SoftBank, its larges...
21:00 2019-09-10

WeWork Pushes Back I.P.O. After Chilly Reception From Investors The company’s parent has been trying to rescue the public offering amid concerns about the high valuation for a business that is deeply unprofitable....
12:52 2019-09-17

WeWork’s Efforts to Salvage I.P.O. Renew Fears About ‘Unicorn’ Era The company’s stumbles are the latest example of how fast-growing and unprofitable businesses are struggling to convince investors that they are good bets....
04:00 2019-09-15

WeWork's Mounting Lease Debt Looms Over IPO Plans As WeWork prepares for an initial public offering, it has accumulated a mounting pile of debt and financial obligations that could concern potential investors....
16:52 2019-06-18

WeWork preps for IPO with growing revenues and widening losses WeWork owner The We Company on Wednesday published detailed financial statements for the first time, showing it lost more than $900 million in the first half of 2019 while revenue doubled, as it steps up preparations for an initial public offering next month....
18:13 2019-08-14

Exclusive: WeWork considers IPO valuation of as low as $10 billion - sources WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday....
18:00 2019-09-13

WeWork’s Efforts to Salvage I.P.O. Renews Fears About ‘Unicorn’ Era The company’s stumbles are the latest example of how fast-growing and unprofitable businesses are struggling to convince investors that they are good bets....
02:26 2019-09-14

Founder's grip on WeWork may be hard for investors to stomach Investors in the upcoming initial public offering of WeWork's parent, The We Company, are being asked to lower their standards for corporate governance beyond what other technology startups have demanded, securities law experts said on Wednesday....
04:13 2019-08-15

WeWork IPO filing follows uneven road for other companies going public Large companies like Uber and Lyft have dampened much of the excitement around this year's IPOs. But analysts caution it may be too soon to make a call on WeWork....
01:00 2019-08-15

WeWork IPO filing follows uneven road for other firms going public Large companies like Uber and Lyft have dampened much of the excitement around this year's IPOs. But analysts caution it may be too soon to make a call on WeWork....
01:00 2019-08-15

WeWork curbs CEO's voting power in bid to boost IPO prospects WeWork owner The We Company said on Friday it has curbed the voting power of founder and CEO Adam Neumann, as part of changes to its corporate governance aimed at boosting demand for its planned initial public offering....
14:00 2019-09-13

WeWork Aims to Go Public in September, Sooner Than Expected Office-space company WeWork is aiming to go public in September, earlier than many investors had expected, after boosting a loan facility the office-space manager hopes will pave the way for the listing....
13:13 2019-07-24

UPDATE 1-WeWork looking to go public as early as September - source Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter told Reuters on Tuesday....
05:26 2019-07-24

WeWork to test IPO investor appetite with widening losses WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offering as early as next month....
19:52 2019-08-14

It's difficult to imagine WeWork achieving profitability: Analyst Sam McBride of New Constructs says he doesn't think WeWork "really ever will" turn a profit. He points out that the company is experiencing heavy losses in a time of strong economic growth, which is when its business model should be working....
16:26 2019-08-27

WeWork delays $20bn IPO after struggling to interest investors Office-sharing company’s value has been slashed since January but it says flotation will still take place this year WeWork, the US office-sharing company, has postponed its stock market flotation after receiving a lukewarm response from investors.WeWork’s parent, the We Company, had planned to launc...
12:52 2019-09-17

Blodget: WeWork's change of valuation is a rejection from the market Business Insider's Henry Blodget and Former Twitter COO Ali Rowghani join "Squawk Alley" to discuss WeWork's IPO and the company's bid to lower its valuation ahead of going public....
20:39 2019-09-05

WeWork's Adam Neumann Was Right About One Thing: Someone Needs to Reinvent Work How was the We Co. CEO able to raise so much money? Perhaps because he took aim at the rulebook for how we work, written a century ago by Henry Ford....
17:13 2019-09-21

WeWork adds woman to its board in face of backlash WeWork owner The We Company said on Wednesday it will add a woman, Frances Frei, to its board of directors and unwound a $5.9 million payment to its chief executive for use of the trademarked word “We” ahead of a planned initial public offering. The moves come after criticism of The We Company’s IPO...
04:39 2019-09-05

WeWork adds woman to its board after backlash ahead of IPO WeWork owner, The We Company, said on Wednesday it will add a woman, Frances Frei, to its board of directors and unwound a $5.9 million (4.8 million) payment to its chief executive for use of the trademarked word "We" ahead of a planned initial public offering....
15:00 2019-09-04

WeWork CEO Neumann's performance to determine company's IPO: Axios Axios Business Editor Dan Primack and CNBC's Leslie Picker join "The Exchange" to discuss WeWork's IPO roadshow and the controversy surrounding the company....
23:52 2019-09-06

WeWork looking for $2.75 billion credit line ahead of IPO: Bloomberg Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter....
20:26 2019-05-29

WeWork leases space for its headquarters on Sixth Avenue WeWork has leased another space — but this time it is for its own HQ. The co-working behemoth is moving to 212,387 square feet at 630 Sixth Ave. along Ladies’ Mile between West 18th and 19th streets. Now known as the We Company, it is right around the corner at 115 W. 18th St. in......
08:52 2019-05-29

Airbnb announces it will go public next year after WeWork delays IPO Rental service, which has about 150 million users in more than 65,000 cities, was last valued at $31bn in September 2017Airbnb, the home-sharing rental business, is to go public “during 2020”, the company said in a brief statement on Thursday.The service, which has about 150 million users covering m...
20:52 2019-09-19

WeWork warns it may have violated the Securities Act when its CEO gave interviews in May CEO Adam Neumann gave interviews to Business Insider and Axios in May, just months before WeWork's S-1 became public, which may violate the SEC's quiet period rules....
17:52 2019-08-14

WeWork Co-Founder Has Cashed Out at Least $700 Million Via Sales, Loans Adam Neumann, co-founder and largest shareholder of WeWork Cos., has cashed out more than $700 million from the company ahead of its initial public offering through a mix of stock sales and debt, people familiar with the matter say....
00:39 2019-07-19

DealBook Briefing: Pressure Builds on WeWork to Delay Its I.P.O. As the co-working giant struggles with a cool reception to the forthcoming stock sale, one of its biggest investors, SoftBank, reportedly wants the deal postponed....
12:13 2019-09-10

WeWork looking to raise up to $4 billion in debt ahead of IPO: source Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday, a move aimed to fuel investor confidence in the company....
00:52 2019-07-08

WeWork, the $47 billion co-working company, is gearing up for a huge IPO. Here's everything we know about what's going on. Jackal Pan/Reuters The We Company, better known as WeWork, is preparing for an initial public offering. Backed by SoftBank, the managed office company was last valued at $47 billion. Like other unicorns going public, the company is losing billions – last year, both its revenue and losses doub...
05:26 2019-08-28

'This Is Not the Way Everybody Behaves.' How Adam Neumann's Over-the-Top Style Built WeWork. His entrepreneurial vision and risk-taking, plus tequila and marijuana, helped fuel We Co.’s breakneck growth. Those qualities are piling up as potential liabilities as the company prepares to go public....
05:52 2019-09-19

Thor: Ragnarok's Taika Waititi Said to Write, Direct Thor 4 Thor: Ragnarok director Taika Waititi has reportedly signed on to write and direct Thor 4, which is expected to feature returning star Chris Hemsworth in the title role....
11:26 2019-07-17

WeWork's IPO filing will reportedly be revealed as soon as next week, giving us our best look yet at its business Kelly Sullivan/Getty Images Coworking space startup WeWork could unveil its IPO filing as soon as next week, according to a Bloomberg report Friday. The company confidentially filed to go public in April and was valued at $47 billion in its most recent private funding round in January and has raise...
08:39 2019-08-10

Some WeWork Board Members Seek to Remove Adam Neumann as CEO A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive after a tumultuous week in which the startup delayed its IPO....
05:52 2019-09-23

WeWork Parent Adjusts Corporate Governance Ahead of Nasdaq IPO WeWork’s parent agreed to make sweeping governance changes and chose Nasdaq for its exchange, as the shared-workspace provider scrambles to keep its closely watched initial public offering on track....
19:39 2019-09-13

Bloc of WeWork board members planning to try to remove Neumann as CEO - WSJ Some WeWork board members, including officials tied to SoftBank Group Corp, are planning to try to push Adam Neumann to step down as chief executive, The Wall Street Journal reported on Sunday, citing people familiar with the matter....
03:26 2019-09-23

WeWork files for IPO, shows $900 million loss in first half of year WeWork joined the ranks of Uber and other money-losing startups Wednesday when it revealed it’s bleeding cash ahead of an IPO. The parent company of WeWork, the $47 billion landlord for upscale co-working spaces, filed for its long-awaited initial public offering by revealing a $900 million loss in ...
05:00 2019-08-15

WeWork considering curbing Neumann's voting power to save IPO: source WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from a role in succession planning, a person familiar with the matter said on Thursday....
09:13 2019-09-13

WeWork's Neumann wants to live forever, be king of the world and first trillionaire, says WSJ According to a report in the Wall Street Journal, WeWork co-founder Adam Neumann has floated the idea of becoming Israel's prime minister or leader of the world....
02:26 2019-09-19

WeWork files for IPO, shows $700 million loss in first half of year WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the first time that showed it lost almost $700 million in the first half of 2019 while doubling revenue. The preliminary filing with the US Securities and Exc...
16:39 2019-08-14

UPDATE 5-WeWork to test IPO investor appetite with widening losses WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offering as early as next month....
22:13 2019-08-14

Tech investors: No broad lessons seen in WeWork valuation drama Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork....
20:52 2019-09-19

Fed's Rosengren flags risks to economy in WeWork-style model The rise in co-working spaces, like those offered by WeWork, may be a source of financial instability that could make the next U.S. recession worse by sparking a run on commercial real estate, Boston Federal Reserve Bank President Eric Rosengren said on Friday....
03:13 2019-09-21

WeWork IPO Filing Shows Revenue Growth, Wide Losses WeWork’s parent company unveiled the papers for its initial public offering, depicting a firm whose revenue growth is steep but whose losses have grown at nearly the same clip....
15:52 2019-08-14

WeWork a problem for landlords in downturn: CenterSquare's Scott Crowe Scott Crowe, CenterSquare Investment Management, and CNBC's Steve Liesman join 'The Exchange' to discuss the Fed's Rosengren's comments on the co-working space model creating a potential risk....
15:13 2019-09-21

Exclusive: WeWork to press on with IPO launch despite valuation concerns - sources WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over the valuation it can achieve in a listing, people familiar with the matter said on Friday....
06:52 2019-09-07

The bigger they are, the harder they fall — WeWork and Uber’s fight against reality We now know that Uber is worth one of two amounts: precisely $68.95bn or absolutely anything. Never before has a company both been a worthless empty assetless cathedral to hope over unit economics and an invaluable first mover stake in the future of all human mobility.   San Francisco is a city buil...
11:39 2019-07-01

WeWork's List of Potential Conflicts Adds to Questions Ahead of IPO Losses at WeWork’s parent aren’t the only concern mounting about the shared-office company as it prepares to go public. Some of its practices push the boundaries of traditional corporate governance, analysts and investors say....
10:00 2019-09-07

WeWork to Add First Woman Board Member, Undo Trademark Deal The office-space startup said it would appoint Frances Frei, a Harvard Business School professor, to the board of directors after criticism ahead of a planned IPO. WeWork also plans to unwind a transaction with its CEO....
05:13 2019-09-05

UPDATE 1-WeWork curbs CEO's voting power in bid to boost IPO prospects WeWork owner The We Company said on Friday it has curbed the voting power of founder and CEO Adam Neumann, as part of changes to its corporate governance aimed at boosting demand for its planned initial public offering....
14:26 2019-09-13

Exclusive: WeWork considers dramatic valuation discount ahead of IPO WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday....
18:00 2019-09-13

WeWork hosts analysts before IPO; debt, lease obligations in focus Wall Street banks are set to grill WeWork on its finances on Wednesday as it prepares to publicly sell stock for the first time, possibly in September, a sale that will create a benchmark for the rapidly expanding flexible office industry....
18:39 2019-07-31

WeWork files for IPO amid investor skepticism over deep losses Office rental company filed for initial public offering, publishing statements showing loss of almost $700m in the first half of 2019WeWork, a company that has shaken up the sleepy world of office rentals by adding a hipster aesthetic and beer taps to office life, became the latest Silicon Valley “u...
21:26 2019-08-14

WeWork will host a Wall Street analyst day this month ahead of IPO The We Company, parent of shared office space manager WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for an initial public offering (IPO), people familiar with the matter said....
21:26 2019-07-19

WeWork considers slashing IPO valuation amid pushback: sources WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) at a little over $20 billion, less than half the $47 billion valuation it achieved in a private fundraising round in January, people familiar with the matter said on Thursday....
18:13 2019-09-05

'End of irrational exuberance': WeWork considers slashing valuation in half Company had been expected to go for IPO at $47bn Revenues quadrupled in 2018 but $2.9bn lost in three yearsWeWork, the fast-growing office rental company, is considering cutting the value of its upcoming share in half as it faces growing skepticism over its business model and corporate governance.Th...
18:13 2019-09-05

WeWork may try to wrap its roadshow and price its IPO before the Jewish New Year on September 29 AP Photo/Mark Lennihan WeWork CEO Adam Neumann may be trying to wrap up his company's IPO "road show" and price the IPO in a matter of days. Neumann, who is Jewish, is hoping to finish up before the important two-day Jewish holiday of Rosh Hashanah begins. The holiday involves pausing all business...
21:13 2019-09-11

CBOE TO LIST CBOE S&P 500 BUY WRITE INDEX OPTIONS INTERLAKEN, SWITZERLAND, and CHICAGO, IL, September 4, 2008 - The Chicago Board Options Exchange (CBOE) today announced plans to begin trading CBOE S&P 500 BuyWrite Index (1/10th value) options (ticker symbol BXO). The new options contract is expected to begin trading on September 23. The CBOE S&P 5...
13:26 2019-05-22

JPMorgan in pole position to lead WeWork IPO after debt offering -sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said....
08:52 2019-08-03

Exclusive: WeWork to host Wall Street analyst day in IPO push - sources The We Company, parent of flexible workspace operator WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for an initial public offering (IPO), people familiar with the matter said....
03:52 2019-07-19

WeWork umbrella locks office door in apparent protest move It’s been a hell of a week for workspace-sharing business WeWork. Yesterday, amidst ongoing financial worries, the Wall Street Journal ran a profile of CEO Adam Neumann that included unflattering highlights like a 2016 meeting in which a discussion of cost-cutting lay-offs was capped off with a spec...
17:13 2019-09-19

JPMorgan in pole position to lead WeWork IPO after debt offering: sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said....
08:39 2019-08-03

UPDATE 3-WeWork considers slashing IPO valuation amid pushback -sources WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) at a little over $20 billion, less than half the $47 billion valuation it achieved in a private fundraising round in January, people familiar with the matter said on Thursday....
19:26 2019-09-05

UPDATE 1-Fed's Rosengren flags risks to economy in WeWork-style model The rise in co-working spaces, like those offered by WeWork, may be a source of financial instability that could make the next U.S. recession worse by sparking a run on commercial real estate, Boston Federal Reserve Bank President Eric Rosengren said on Friday....
06:26 2019-09-21

IPO hopeful WeWork adds woman to board, CEO returns $5.9 million, after backlash WeWork owner The We Company took some steps on Wednesday to burnish its appeal to investors ahead of its initial public offering by adding a woman, Frances Frei, to its all-male board and announcing that its CEO would return a $5.9 million payment for use of the trademarked word "We."...
22:26 2019-09-04

UPDATE 1-WeWork considering curbing Neumann's voting power to save IPO -source WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from a role in succession planning, a person familiar with the matter said on Thursday....
05:13 2019-09-13

Amazon exploring WeWork space deal in old Lord & Taylor building WeWork wants an early Christmas present from Jeff Bezos: A big Amazon office lease at its empty former Lord & Taylor building, once home to famous holiday windows. The shared office space startup, which bought the Fifth Avenue building in January, has been in talks to rent as much as the entire 12-s...
19:39 2019-07-31

'A giant question mark': can WeWork's Adam Neumann reassure investors? The space-sharing firm’s value has been cut from $47bn to as low as $15bn ahead of its IPO – a major dent as its co-founder tries to sell the vision of ‘we’•Floating or falling? Tech companies that made stock market debuts in 2019“We dedicate this to the power of We – greater than any one of us, but...
20:39 2019-09-14

WeWork Takes Key Step Toward I.P.O., Citing Heady Growth and Huge Losses A public offering by the firm, which leases shared office space, will be a major test of investors’ appetite for fast-growing but unprofitable start-ups....
16:13 2019-08-14

WeWork Parent Expected to Postpone IPO Until October at Earliest Amid Investor Pushback WeWork’s parent is expected to postpone its initial public offering after investors questioned how much the company is worth and its corporate governance....
05:00 2019-09-17

UPDATE 2-WeWork to lease 21-storey Singapore office tower after HSBC moves out * HSBC currently leases building (Updates after analyst clarifies comment in paragraph 7 that WeWork will not get naming rights but may get signage rights)...
12:52 2019-07-17

WeWork mulls slashing IPO valuation as skepticism rises over business model: sources WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) to a little over $20 billion, less than half the $47 billion valuation it achieved in a private fundraising round in January, people familiar with the matter said on Thursday....
01:26 2019-09-06

WeWork board members are talking about ousting CEO Adam Neumann amid IPO turmoil Jackal Pan/Getty Images; Jacqueline Larma/AP Images; Samantha Lee/Business Insider Some board members at coworking startup WeWork aim to push out CEO Adam Neumann, according to a report from the Wall Street Journal. The board could meet this week and might discuss Neumann becoming WeWork's nonexecu...
01:26 2019-09-23

The history of WeWork — from its first office in a SoHo building to a global company preparing for a much-hyped IPO WeWork WeWork parent company, The We Company, publicly filed its IPO paperwork in August. The We Company is now considering a valuation of around $20 billion for its IPO — roughly half of the company's $47 billion valuation from its last private round of funding — according to reports f...
19:00 2019-09-05

Reports: WeWork to Delay IPO Amid Suspicion It Is Not Actually a Tech Company Worth $47 Billion Whatever the hell WeWork is—tech company or just a cult-like real estate venture that happens to offer kombucha on tap and desperately wants to be viewed as a tech company—it may not be going public anytime soon.Read more......
15:26 2019-09-17

WeWork IPO filing hypes transformative workplace potential to rationalize massive losses WeWork's IPO filing reveals the challenge it faces in convincing investors to look past its gaping losses and see its revolutionary workplace potential.Read More...
20:39 2019-08-14

'Stop the WeWork deal' — Cramer says the embattled IPO could wreck the stock market rally WeWork should pull its IPO because the negative sentiment around slashing its valuation could be contagious in the overall stock market, says CNBC's Jim Cramer....
00:26 2019-09-14

UPDATE 1-JPMorgan in pole position to lead WeWork IPO after debt offering -sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said....
08:52 2019-08-03

UPDATE 2-JPMorgan in pole position to lead WeWork IPO after debt offering -sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said....
16:01 2019-08-03

UPDATE 3-JPMorgan in pole position to lead WeWork IPO after debt offering -sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said....
03:26 2019-08-04

Car-Sharing Startup Getaround Bets on Ride Sharing With SoftBank After raising a $300 million investment led by SoftBank’s Vision Fund, Getaround is hoping to profit from ties to the tech giant’s other portfolio companies....
16:26 2019-07-09

Most SoftBank Vision Fund investors want to join the second fund, says CEO Masayoshi Son Most investors in SoftBank Group's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and Chief Executive Masayoshi Son said on Wednesday, adding discussions would begin soon....
09:13 2019-06-19

Most SoftBank Vision Fund investors want to join second fund: CEO Son Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and Chief Executive Masayoshi Son said on Wednesday....
04:39 2019-06-19

I asked Dave Matthews to write his 'Sister' lyrics on my arm: Here's what he did If you know me on any level you know I have three obsessions: my nephews, journalism and Dave Matthews Band.        ...
18:00 2019-08-02

U.S.-China trade talks: where they are and what's at stake U.S. President Donald Trump and Chinese President Xi Jinping are due to meet on Saturday at the Group of 20 (G20) summit in Japan to try to resurrect a deal to end a costly trade war....
22:26 2019-06-28

KKR Swoops for Axel Springer Stake Axel Springer reached an agreement with KKR for the private-equity firm to buy out its minority shareholders in a deal valuing the German media company at $7.7 billion....
16:00 2019-06-12

Jobs are at stake — pass the USMCA At the end of 2018, the Trump administration finalized the renegotiated North American Free Trade Agreement, resulting in a new trade deal now called the United States-Mexico-Canada Agreement. This milestone is good news and a big win for the United States and its North American allies....
13:00 2019-05-30

What’s at Stake in U.S.-Japan Trade Talks More than two years after U.S. President Donald Trump walked away from a regional Asia-Pacific trade agreement, the U.S. and Japan -- the world’s largest and third-largest economies -- are negotiating a deal of their own. Both sides insist they want a “win-win” outcome, but as evidenced by the Trump...
06:52 2019-05-25

Explainer: What is at stake in Istanbul's election re-run? Voters in Istanbul will head back to the polls on Sunday to choose a mayor, after Turkey's election authority scrapped the results of a March vote in which President Tayyip Erdogan's ruling AK Party lost to the main opposition....
01:13 2019-06-20

Insurer AXA further reduces stake in AXA Equitable down to 40.1% French insurer AXA said on Friday that it had sold an 8% stake in AXA Equitable Holdings through a secondary offering, as part of its plan to gradually divest from its U.S. life insurance business....
10:13 2019-06-07

BeIN Shopping Stake in Miramax Miramax-owner BeIN Media Group is said to be shopping a stake in the studio, which produced popular and critically acclaimed films such as “Pulp Fiction” and “Shakespeare in Love,” to potential buyers....
03:52 2019-06-07

Catalyst Capital to buy about 10% stake in Hudson's Bay Private equity firm Catalyst Capital Group Inc said on Monday it will buy about 10.05% stake in Hudson's Bay Co as it looks to block Executive Chairman Richard Baker's C$1.74 billion proposal to take the company private....
16:39 2019-08-19

Funds power up stake in £6bn UK nuclear fleet A consortium of infrastructure funds is in advanced talks to buy a stake in the UK's £6bn ageing fleet of nuclear power stations amid growing concerns about their reliability....
22:13 2019-09-14

Mets’ true test is finally here with a lot at stake They are together. They are reborn. They are emboldened. The Mets have their sights set on something much bigger than the NL wild card with the Nationals coming to town Friday for this Showdown Series, aces wild. “We’ve got a chance to do something really great,’’ slugger Pete Alonso said after the ...
02:39 2019-08-08

Volkswagen says it is not interested in buying a Tesla stake Volkswagen on Thursday denied a media report which suggested that the German carmaker was interested in buying a stake in United States electric car manufacturer Tesla....
16:00 2019-08-22

Third Point buys stake in Ray-Ban maker EssilorLuxottica Third Point, the US hedge fund that has pushed for changes at companies ranging from Nestle to Campbell Soup, has amassed a stake in Ray-Ban maker EssilorLuxottica, people familiar with the matter said on Sunday. Third Point, run by billionaire investor Daniel Loeb, is targeting EssilorLuxottica ami...
19:52 2019-08-26

KKR to take majority stake in NVC Lighting's China business KKR & Co Inc said on Sunday it would take a majority stake in NVC Lighting Holding Limited's China Lighting Business for a total equity value of about $794 million. NVC Lighting will continue to own 30% of the China Lighting Business and receive a cash consideration through the joint venture with KK...
01:52 2019-08-12

Volkswagen CEO wants a stake in Tesla: Manager Magazin Volkswagen CEO Herbert Diess wants to take a stake in Tesla to access the U.S. company's software and batteries technology, German business publication Manager Magazin reported on Thursday....
16:00 2019-08-22

VW CEO interested in buying Tesla stake, report says VW CEO Herbert Diess believes the automaker could profit from Tesla's competence in the fields of batteries and software, a German business magazine said....
14:52 2019-08-22

Volkswagen not interested in buying Tesla stake Volkswagen said on Thursday it was not interested in taking a stake in Tesla , denying a media report that CEO Herbert Diess wanted to buy shares in the U.S. company to access its software and batteries technology....
19:13 2019-08-22

Amazon buys Disney’s stake in YES Network Disney just sold its stake in the New York Yankees’ pay-TV service to a group that includes Amazon. The film and entertainment giant on Thursday sold its 80% interest in the YES Network to an investment group led by the Yankees and Sinclair Broadcast Group. The deal values the TV service, which broa...
08:13 2019-08-30

VW denies report of interest in Tesla stake A German business magazine reported VW CEO Herbert Diess is interested in buying a stake in Tesla. The automaker said the report is "without merit."...
20:26 2019-08-22

Elliott Discloses AT&T Stake and Calls for Shake-Up Activist investor Elliott Management disclosed a $3.2 billion stake in AT&T, criticized the company’s strategy and called on the telecommunications giant to shed unnecessary assets. AT&T shares rose....
16:26 2019-09-09

What’s at Stake and at Risk in U.S.-Japan Trade Talks Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.  More than two years after U.S. President Donald Trump walked away from a regional Asia-Pacific trade......
04:52 2019-08-27

Hagerty sells 25% stake to Markel Corp. for $212.5M The insurance and lifestyle company said the investment would increase its pace of growth, and that it would remain substantially privately owned and based in Michigan....
01:13 2019-08-08

Ad Giant WPP to Sell Kantar Stake to Bain WPP has agreed to sell a 60% stake in its Kantar market-research unit to Bain Capital Private Equity, raising about $3.1 billion in the advertising giant’s biggest move yet to refocus its portfolio....
20:26 2019-07-12

Explainer: U.S.-China trade talks - where they are and what's at stake U.S. President Donald Trump and Chinese President Xi Jinping agreed this week to meet at the G20 summit in Japan in late June to discuss how to end a nearly year-long trade war....
20:13 2019-06-20

UK chemical giant Ineos to buy £1.6bn Saudi stake The petrochemical company founded by Britain's richest man Sir Jim Ratcliffe has said it will buy a £1.6bn ($2bn) stake in a plant complex in Saudi Arabia....
20:26 2019-06-03

Reliance Industries To Buy 87.6% Stake In Fynd For Rs 295 Crore Fynd provides technology platform and solutions to merchants to manage their inventory and sales across multiple demand channels for consumers, including e-commerce platforms....
00:13 2019-08-06

Italy open to taking stake in FCA-Renault tie-up Renault's board is meeting today to review Fiat's proposal after failing to come to a decision Tuesday. Its directors are examining in detail a preliminary merger agreement hammered out over the past days....
21:52 2019-06-05

Protests in Albania: Its democracy and EU future at stake Albania's opposition parties hold their latest anti-government protest Saturday with a strong likelihood that it will turn violent, dealing another blow to the country's shrinking hopes that the European Union will agree to launch full membership negotiations with the ex-communist nation....
22:39 2019-06-07

At stake in the NBA Finals: The title of ‘best player in the league’ For the first time in eight years, LeBron James isn't in the NBA Finals. His mantle as the game's top player is up for grabs, and three stars could make compelling cases....
15:00 2019-05-29

Explainer: U.S.-China trade talks: where they are and what's at stake U.S. President Donald Trump and Chinese President Xi Jinping are due to meet on Saturday at the Group of 20 (G20) summit in Japan to try to resurrect a deal to end a costly trade war....
20:26 2019-06-28

KKR to take stake in German publisher Axel Springer Global investment firm KKR is set to take a stake in Germany’s Axel Springer, the publisher of the mass-circulation Bild daily among others, in what is described as a strategic partnership...
13:00 2019-06-12

UPDATE 1-Tianqi says happy 'for now' with stake in SQM -president Tianqi Lithium Corp is happy for now with its stake in rival SQM and is working to deepen business ties with the Chilean lithium producer, the Chinese company's president said on Monday....
18:52 2019-06-10

Tencent in Talks for Stake in Universal Music Tencent is negotiating to buy 10% of Universal, the world’s largest music company, for about $3.36 billion, a deal that would strengthen the Chinese internet giant’s growing clout in the global record industry....
01:26 2019-08-07

Starbucks Takes Stake in Tech Company Starbucks said it is taking a stake in a digital technology company called Brightloom to speed up its offering of mobile ordering and payment options at its global stores to improve customer convenience....
01:52 2019-07-23

Renault CEO Bollore has no plans to reduce Nissan stake Cutting its stake in alliance partner Nissan is not on Renault's agenda, the French carmaker's chief executive Thierry Bollore said on Wednesday after a global vehicle launch in New Delhi....
17:13 2019-06-19

RPT-Amazon in talks to buy stake in India's Reliance Retail - ET Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported https://economictimes.indiatimes.com/industry/services/retail/amazon-may-shop-for-stake-in-reliance-reta...
08:00 2019-08-01

Monsoon landlords demand equity stake as CVA looms A quartet of commercial property giants are demanding an equity stake in Monsoon Accessorize, the fashion retailer, in return for supporting a financial restructuring....
18:52 2019-05-30

UPS buys stake in self-driving truck startup TuSimple The investment by UPS Ventures underscores bets that autonomous vehicle technology can expand more rapidly in commercial vehicles than in self-driving taxis....
20:13 2019-08-16

Amazon Reportedly in Talks to Buy Stake in Reliance Retail Amazon.com is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26 percent stake in India's biggest brick-and-mortar retailer....
09:00 2019-08-01

Virgin Active owner limbers up for stake sale The South African owner of Virgin Active is preparing to sell a stake in the health and fitness clubs chain four years after taking majority control of the business....
19:00 2019-08-02

Iran-US tensions flare in the Persian Gulf: What's at stake The US has blamed Iran for attacks on oil tankers in the Persian Gulf — a claim Iran denies. The dispute has raised concerns of a new conflict in the region. DW examines the key actors involved and their interests....
01:00 2019-06-16

Explainer: What is at stake with Turkey's Russian air defense deal? Turkey took its first deliveries of the Russian S-400 air defense system on Friday, a development likely to trigger U.S. sanctions on Ankara and escalate tensions between Turkey and its Western partners in the NATO military alliance....
21:52 2019-07-12

Activist Gatemore snaps up Moss Bros stake An activist fund manager which pressed for a break-up of French Connection has turned its attention to another fashion chain by snapping up a 10% stake in Moss Bros, the suit-hire specialist....
18:13 2019-06-09

US health giant Centene takes $50m Babylon stake One of America's largest healthcare companies is investing tens of millions of pounds in Babylon Healthcare, the British technology start-up behind a new chatbot service being used by the National Health Service....
03:52 2019-08-02

Third Point, U.S. settle over antitrust filing in DowDuPont stake Third Point LLC has agreed to pay more than $600,000 to settle allegations the hedge fund failed to properly file for antitrust clearance when it bought DowDuPont stock two years ago, the U.S. Justice Department said on Wednesday....
02:00 2019-08-29

Kraft Heinz Shares Slide After 3G Trims Stake 3G Capital, the Brazilian private-equity firm that helped create Kraft Heinz, has sold about 9% of its stake in the struggling food maker, a move that weighed on the company’s shares....
21:13 2019-09-17

Amazon in talks to buy stake in India's Reliance Retail: ET Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported (https://economictimes.indiatimes.com/industry/services/retail/amazon-may-shop-for-stake-in-reliance-r...
06:00 2019-08-01

FCA-Renault revival may hinge on Nissan stake cut, report says Nissan is poised to urge Renault to significantly reduce its 43.4 percent stake in the Japanese company in return for supporting a FCA-Renault tie-up, two people with knowledge of the matter told Reuters....
12:39 2019-06-10

Hedge fund Elliott buys stake in UK's Saga Activist investor Elliott has taken a position in Britain's Saga Plc, less than a month after the specialist tourism and insurance firm warned that discounting was taking a heavy toll on its tours business....
11:26 2019-07-17

Volkswagen to take stake in battery cell maker Northvolt FRANKFURT, Germany (AP) — Volkswagen says it is buying a stake in Swedish battery cell producer Northvolt AB and plans a joint factory in Germany ahead of increased production of electric vehicles next year. Wolfsburg-based Volkswagen said Wednesday that it would invest around 900 million euros ($1 ...
16:52 2019-06-12

Rockets star Harden buys stake in MLS' Dynamo Houston Rockets superstar James Harden has purchased a minority stake in the investment group that controls MLS' Houston Dynamo, the NWSL's Houston Dash and BBVA Stadium, the Dynamo announced Thursday....
23:52 2019-07-18

A Billboard No. 1 Is at Stake, So Here’s an Album With Your Taylor Swift Hoodie About half the 39 titles that topped the charts last year were sold as part of ticket or merchandise “bundles.” Now even some who benefited from the strategy are complaining....
23:00 2019-06-09

Linde takes 10% stake in Swiss hydrogen group Linde , the world's biggest industrial gases group, has taken a 10% stake in Hydrospider AG, a Swiss producer and supplier of hydrogen derived from renewable energy sources, Hydrospider said on Thursday....
13:13 2019-08-29

GM CEO to United Auto Workers: 'Our collective future is at stake' General Motors CEO and Chairman Mary Barra on Tuesday pleaded for United Auto Workers union leaders to assist, not hinder, the company's ongoing restructuring efforts to better position GM for the future....
21:52 2019-07-16

Facebook to buy stake in Indian e-commerce start-up Meesho Facebook is buying a stake in Indian e-commerce start-up Meesho, the head of the U.S. tech giant's Indian business said on Thursday, looking to deepen its reach in one of the world's biggest internet markets....
18:13 2019-06-13

Tunisia’s Presidential Election 2019: Who’s Running, What’s at Stake Tunisians head to the polls on Sunday in national elections that will decide the next president, in a major test for the nascent democracy. The death of secularist President Beji Caïd Essebsi, 92, in July forced the presidential elections to be held earlier than originally scheduled. Tunisia, ...
19:13 2019-09-13

Goldman Pursues Majority Stake in Chinese Venture Goldman Sachs has applied with Chinese regulators to take a majority stake in an investment-banking joint venture, the most recent move by a foreign company to tap the nation’s vast financial sector....
22:39 2019-08-21

Goldman Pursues Majority Stake in Its China Venture Goldman Sachs has applied with Chinese regulators to take a majority stake in an investment-banking joint venture, the most recent move by a foreign company to tap the nation’s vast financial sector....
10:39 2019-08-21

Brazil's Via Varejo shares down after sale of GPA's controlling stake Shares in Brazilian appliances and electronics retailer Via Varejo SA were trading 0.4% down on Friday at 5.02 reais, after controlling shareholder Grupo Pão de Açúcar (GPA SA) sold its 36% stake in an auction earlier in the day....
17:52 2019-06-14

UPDATE 2-Starboard discloses 7.5% stake in Box, shares rise U.S. hedge fund Starboard Value LP revealed https://www.sec.gov/Archives/edgar/data/1372612/000092189519002363/sc13d06297267_09032019.htm a 7.5% stake in cloud service provider Box Inc on Tuesday, calling its shares "undervalued"....
02:00 2019-09-04

Pacifist constitution reform at stake as Japan goes to polls Japanese Prime Minister Shinzo Abe's ruling bloc was forecast to win a solid majority in an upper house election on Sunday that could determine whether his dream of revising the post-war, U.S.-drafted pacifist constitution can be kept alive....
05:52 2019-07-21

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild....
20:52 2019-07-12

UPDATE 3-Slimmed-down WPP to net $3.1 bln selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild....
14:00 2019-07-12

Porsche increases stake in hypercar EV maker Rimac German giant says increased investment will open access to Rimac's electric and autonomous technology Porsche has increased its stake in Croatian electric vehicle firm Rimac, as part of an increased co-operation in battery technology and other areas.  The German car maker bought a 10% stake in Rima...
07:39 2019-09-07

China's contentious stake in Zambia's broadcast media To help switch from analogue to digital TV, Zambia did a deal with a Chinese media conglomerate. Now, Zambian media owners are complaining that locals can watch Chinese kung fu movies but have limited local programming....
23:13 2019-07-05

France's Orange raises $616 million with sale of its BT stake French telecom giant Orange said it had sold its remaining 2.5% stake in BT , raising net proceeds of 486 million pounds ($616 million) as the former state monopoly faces a battle for market share in France. ....
13:39 2019-06-28

MNG Enterprises discloses 9.4% stake in New Media Investment Group MNG Enterprises disclosed a 9.4% stake in New Media Investment Group Inc on Friday, and said it may decide to vote against the company's proposed deal with Gannett Co....
16:26 2019-08-09

Billionaire activist Paul Singer reveals $3.2B stake in AT&T The hedge fund billionaire known for seizing an Argentine navy vessel as partial payment for a debt is taking aim at AT&T — the telecom behemoth that also owns HBO and CNN. Paul Singer’s Elliott Management hedge fund sent a shot across the bow of AT&T Chief Executive Randall Stephenson on Monday whe...
09:00 2019-09-10

Hedge fund-owned MNG reduces stake in Gannett to 4.2% Alden Global Capital's MNG Enterprises Inc., which launched a bid to acquire Gannett Co. in January, has reduced its stake in the company from 7.5%        ...
04:52 2019-05-23

Tencent in Talks to Buy Stake in Universal Music Group Chinese internet giant Tencent is negotiating to buy 10% of Universal Music Group, one of the world’s largest music labels, from Vivendi—a deal that would value the stake at $3.36 billion....
10:39 2019-08-06

DNB says it has not decided whether to sell Oslo Bors stake to Euronext Norway's DNB will meet with Euronext before deciding whether to sell its 20% stake in Oslo Bors VPS to the pan-European stock market operator, the bank said on Monday....
10:01 2019-05-27

BlackRock to Take Stake in Owner of Sports Illustrated, Nine West BlackRock is poised to become the largest shareholder of Authentic Brands, the company that owns brands including Sports Illustrated and Nine West, in the first deal for the investment giant’s new private-equity fund....
18:26 2019-08-11

There's More At Stake With Fashion's Gender-Fluid Movement Than You Realise “The industry must make a more substantial investment in the lives – and not simply the looks – of the broader trans&gnc community,” says Wren Sanders...
08:39 2019-08-11

L&G snaps up Woodford stake in Push Doctor-backer The embattled fund manager Neil Woodford is close to offloading another of his firm's assets by striking a deal to sell a big stake in a backer of Push Doctor, the GP-on-demand service....
23:52 2019-08-13

WPP in Talks to Sell Kantar Stake to Bain Capital The sale would mark the biggest move yet by Chief Executive Mark Read in his effort to revive WPP’s fortunes since taking over the top job last year....
06:00 2019-07-02

Naspers Listing Looks to Unlock Value in $122 Billion Tencent Stake Africa’s most valuable company said it will move forward with plans to list its massive internet assets in Amsterdam, a bid to reduce the discount its shares trade at relative to the value of its $122 billion stake in Tencent....
15:26 2019-05-29

RPT-Renault CEO Bollore has no plans to reduce Nissan stake Cutting its stake in alliance partner Nissan is not on Renault's agenda, the French carmaker's chief executive Thierry Bollore said on Wednesday after a global vehicle launch in New Delhi....
08:26 2019-06-20

UPDATE 1-Atlantia says to look into possibility of taking Alitalia stake Italian infrastructure group Atlantia said it would look into the possibility of buying a stake in ailing national airline Alitalia, but it looks unlikely that it will be ready by the government's deadline of Monday....
22:00 2019-07-11

Aston Martin's biggest investor offers to buy another 3% stake The biggest investor in Aston Martin offered on Friday to buy another 3% stake in the luxury carmaker, whose shares have slumped since listing last year....
09:00 2019-07-19

CVC-led consortium to acquire 30% stake in Dubai's GEMS Education A consortium led by private equity firm CVC Capital Partners has agreed to acquire a 30% stake from existing shareholders in Dubai-based GEMS Education....
15:13 2019-07-10

Buffett's Berkshire unveils $861 million Amazon stake Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief......
15:00 2019-05-21

Overstock’s former CEO sells off his $90M stake, saying he’s worried about ‘Deep State’ Patrick Byrne abruptly quit the company last month after saying he'd been involved in multiple FBI investigations and had romanced Maria Butina — a Russian national later convicted of trying to influence American policy....
09:26 2019-09-20

Morgan Stanley wants majority stake in Chinese joint venture -CEO Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive Officer James Gorman said on Wednesday....
02:13 2019-06-13

Amazon In Talks For Stake In Indonesia's Ride-Hailing Startup Go-Jek Amazon.com Inc is in early talks with Go-Jek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday. Details of the stake were not......
21:39 2019-08-29

Aston Martin's biggest investor mulls acquiring another 3% stake Strategic European Investment Group, the biggest investor in Aston Martin, is considering buying another 3 percent stake in the automaker after Aston's shares crashed almost 50 percent since its listing nine months ago....
12:00 2019-07-01

Aston Martin's Biggest Investor Considers Acquiring Another 3% Stake The biggest investor in Aston Martin is considering buying another 3% stake, offering to increase its holding after shares in the luxury carmaker crashed almost 50% since its listing nine months ago....
08:00 2019-07-02

WPP in exclusive talks to sell Kantar stake to Bain Capital WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth....
21:52 2019-07-01

UPDATE 1-Amazon in talks to buy stake in India's Reliance Retail - ET Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported https://economictimes.indiatimes.com/industry/services/retail/amazon-may-shop-for-stake-in-reliance-reta...
08:00 2019-08-01

Adidas shares slide as traders say its top investor GBL plans to cut its stake Adidas shares fell 3% on news that one of the German sportswear company's top shareholders, Groupe Bruxelles Lambert, was preparing to sell a portion of its near $4.5 billion stake, three traders said....
15:13 2019-06-12

Emmanuel Macron’s Grand Ambitions Are at Stake in European Elections For the French president, who is bitterly opposed by the rising populist forces on the Continent, the vote is a critical test of his vision of deeper integration....
14:52 2019-05-21

Morgan Stanley wants majority stake in Chinese joint venture: CEO Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive Officer James Gorman said on Wednesday....
02:39 2019-06-13

It’s Not Just the White House in 2020. The Power to Draw Maps Is Also at Stake. With the nation’s political maps hanging in the balance, Democrats are racing to win back statehouse chambers and Republicans are rushing to defend gains from 2010....
10:13 2019-07-05

Blockchain startup Ripple buys $30 million stake in MoneyGram Blockchain firm Ripple has bought $30 million worth of shares and warrants in MoneyGram International Inc, the two companies said on Monday, as they partner to use Ripple's product for cross-border payment and foreign exchange settlement....
00:13 2019-06-18

ArisGlobal Sells Majority Stake to Europe's Nordic Capital European buyout firm Nordic Capital has agreed to acquire a majority stake of U.S.-based ArisGlobal, in a deal that values the life-sciences software company at $700 million including debt....
22:52 2019-06-16

Vietnam Seeks to Sell Stake in Military Commercial Bank Vietnam’s government is looking to sell part of its stake in Military Commercial Joint Stock Bank, a large local lender with a market capitalization of close to $2 billion....
07:00 2019-07-15

UPDATE 1-CVC-led consortium to acquire 30% stake in Dubai's GEMS Education A consortium led by private equity firm CVC Capital Partners has agreed to acquire a 30% stake from existing shareholders in Dubai-based GEMS Education....
15:13 2019-07-10

Xiaomi Picks Up Stake in Chip Designer VeriSilicon Holdings Xiaomi has taken a stake of roughly 6 percent in compatriot chip designer VeriSilicon Holdings, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as......
16:39 2019-07-15

| Datatec subsidiary Logicalis acquires stake in two European IT companies International ICT solutions and services group Datatec says its subsidiary, Logicalis Group, has acquired two businesses in Europe, adding to its growing footprint in the region...
04:13 2019-09-04

Italy's Atlantia considers stake buy in carrier Alitalia - report Italy's infrastructure group Atlantia is considering to buy a 35-40% stake in troubled carrier Alitalia for an investment of around 300 million euros ($336.21 million), newspaper Il Sole 24 Ore reported on Wednesday....
08:52 2019-07-10

Analysis: Obamacare's fate will be at stake at 2020 ballot box as well as in court The extended battle over the Affordable Care Act will push deeper into uncharted waters Tuesday, when lawyers from a coalition of Republican-controlled states and the Trump administration argue for overturning the law in a federal court....
19:52 2019-07-09

LVMH Buys Minority Stake in Stella McCartney House LVMH Möet Hennessy Louis Vuitton bought a minority stake in the British fashion house set up by Stella McCartney, giving the French luxury company a high-profile vehicle to tap growing demand for high-end clothing marketed as sustainable....
00:39 2019-07-16

Chicago investment firm takes majority stake in Whataburger SAN ANTONIO (AP) — An investment firm has purchased a majority stake in Whataburger as the Texas-based fast-food company seeks to expand in an increasingly competitive market. Whataburger announced Friday that the purchase by Chicago-based BDT Capital Partners should be finalized by the end of the s...
20:39 2019-06-14

Government Aims To Raise Rs 15,000 Crore By Stake Sales: Report Finance Minister Nirmala Sitharaman set an ambitious target of Rs 1.05 lakh crore ($15.33 billion) from the sale of stakes in state-run companies, compared with Rs 85,000 crore the previous year, in......
15:39 2019-07-08

Yes Bank Shares Jump 19% After CEO Says Lender Near Deal To Sell Stake Yes Bank shares today: On the NSE, shares opened higher at Rs 66 apiece and rose to as much as Rs 75.45 apiece, marking an increase of 19.57 per cent....
08:52 2019-09-11

Sarasin cuts Shell stake, criticizing its climate strategy London-based asset manager Sarasin & Partners has sold nearly 20% of its holdings in Royal Dutch Shell, saying the oil and gas company's spending plans are out of synch with international targets to battle climate change....
18:52 2019-07-09

‘We Are Risking Everything.’ Hong Kong’s Young Rebels Stake Everything on Their Struggle Law enforcement would inevitably arrive to evict the hundreds of young, black-shirted demonstrators who broke in and defiled the Hong Kong legislature. A rumor that police were already there briefly dispersed the sea of anti-government protesters from the harbor-front complex. But after the false al...
15:52 2019-07-05

Williams F1 team-owner plots engineering stake sale The owner of the Williams Formula One (F1) team is exploring the sale of a stake in its engineering arm in a deal that could raise tens of millions of pounds for the famous racing outfit....
18:13 2019-09-01

Team Modi Seeks Bids For 6 New Submarines. $6.6 Billion At Stake Prime Minister Narendra Modi's administration has asked global warship makers to submit proposals to build six conventional submarines in India to boost local shipyard capability and plug gaps in the......
12:52 2019-07-11

Chinese firm in talks to buy stake in Universal Music Group One of the winners of a potential $3.36 billion deal for a stake in Universal Music Group is Vincent Bollore, who controls the French conglomerate that owns the music giant. On Tuesday, it was reported that Chinese investment firm Tencent Holdings is in talks to buy a 10 percent stake in Universal —...
12:00 2019-08-07

Reliance to Buy Majority Stake in Shopping Tech Startup Fynd Mukesh Ambani-led Reliance Industries' subsidiary Reliance Industrial Investments and Holdings Ltd (RIIHL) is investing Rs 295.25 crores in Mumbai-based Fynd....
12:26 2019-08-05

Renault may cut Nissan stake to revive Fiat deal, report says Renault and Nissan have held talks that would see Renault reduce its 43.4 percent stake in the Japanese automaker, rebalancing their alliance, and help the French company restart merger discussions with Fiat Chrysler Automobiles, The Wall Street Journal reported....
13:39 2019-08-03

PSA shares spike on report Dongfeng exploring options for stake PSA's shares briefly rose as much as 6.6% on Wednesday and trading volumes spiked after a Bloomberg report said Dongfeng Motor Corp is exploring options for its 2.2 billion-euro ($2.5 billion) stake in the French carmaker....
14:52 2019-08-07

No Rise In Mukesh Ambani's Stake In Company, Says Reliance Industries The clarification comes as reports suggested that Mukesh Ambani increased his stake in RIL after Reliance Services and Holdings, an Ambani firm, acquired 17.18 crore equity shares, or 2.71 per cent......
15:39 2019-09-19

Amazon in talks to buy stake in India's Reliance Retail: sources Amazon.com Inc is in talks with Reliance Industries Ltd's retail unit to buy a stake in India's biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Friday....
21:13 2019-08-02

JPMorgan set for historic majority stake in China funds JV: sources JPMorgan was on Friday poised to become the first foreign company to hold a majority stake in a Chinese mutual fund business, two sources said, setting a precedent that one analyst said would trigger a wave of similar transactions....
21:13 2019-08-02

JPMorgan set for historic majority stake in China funds JV -sources JPMorgan was on Friday poised to become the first foreign company to hold a majority stake in a Chinese mutual fund business, two sources said, setting a precedent that one analyst said would trigger a wave of similar transactions....
18:39 2019-08-02

The Democratic Party’s future is at stake in state legislative races This is the last election cycle before redistricting could lock them out of control of state legislatures and some congressional seats for another decade....
22:13 2019-08-14

Golden Gate Capital to Buy Stake in Billing-Services Firm Bon Secours Mercy Health hospital system is selling a majority stake in its billing-software company to private-equity firm Golden Gate Capital in a deal that people familiar with the matter valued at roughly $1.2 billion....
04:13 2019-05-30

Fox Corp. Strikes Deal to Buy Majority Stake in Credible Labs Fox Corp. has struck a deal to buy a majority stake in Credible Labs Inc., a marketplace for consumer-lending information, for $265 million, the company said Sunday afternoon....
17:39 2019-08-05

Amazon in talks to buy up to 10% stake in India's Future Retail - Bloomberg Amazon.com Inc is in late-stage talks to buy as much as 10% of India's Future Retail Ltd , Bloomberg reported on Tuesday, citing people familiar with the matter....
15:13 2019-08-13

Russell Coutts Likes Sailing Races With Big Money at Stake One of the great sailors in history now runs an elite racing series for high-speed yachts. SailGP will end its season this weekend with $1 million on the line....
21:00 2019-09-20

Scotiabank to post C$300 mln gain as it cuts Thanachart Bank stake Bank of Nova Scotia, Canada's third-biggest lender, said on Thursday it would record a C$300 million ($226 million) gain by reducing its stake in Thailand's Thanachart Bank Public Co (TBank)....
17:26 2019-08-08

Fin24.com | Military stake stymies R57bn Zim platinum project A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4bn, about R57bn, is floundering because a military stake in the project has deterred potential backers, according to people familiar with the funding discussions....
19:39 2019-05-21

Melco Resorts to cooperate with Australian inquiry into Crown stake Melco Resorts & Entertainment said on Friday it will cooperate with an Australian gaming regulator's inquiry into its $1.2 billion stake purchase in Crown Resorts....
08:52 2019-08-09

CBOE Holdings Takes Minority Ownership Stake In CurveGlobal CHICAGO, IL -- October 16, 2015 -- CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it made a minority investment in CurveGlobal, a new interest rate derivatives venture of the London Stock Exchange Group (LSEG) and a number of major dealer banks. CBOE is the only U.S. exchange in the venture...
23:26 2019-05-21

PM Modi Likely To Meet President At 8 pm, Stake Claim To Form Government Prime Minister Narendra Modi is likely to meet President Ram Nath Kovind this evening around 8 pm and stake claim to form government. The council of ministers led by PM Modi submitted their......
12:26 2019-05-25

JPMorgan confirms winning bid to take majority stake in China fund JV JPMorgan confirmed it had won an auction to hold a majority equity stake in its Chinese asset management joint venture (JV), becoming the first foreign firm to move closer to taking control of an onshore funds business under new rules....
07:13 2019-08-06

BlackRock Takes Stake in Owner of Sports Illustrated, Nine West BlackRock has become the largest shareholder of Authentic Brands, the company that owns brands including Sports Illustrated and Nine West, in the first deal for the investment giant’s new private-equity fund....
03:00 2019-08-12

Iberdrola to sell 40% stake in UK wind project for 1.6 billion pounds Spanish energy firm Iberdrola has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it said on Monday....
16:13 2019-08-12

BlackRock becomes Authentic Brands' largest shareholder with $875 million stake BlackRock Inc's new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment company, the fund said on Sunday....
16:13 2019-08-12

Icahn reveals stake in Cloudera, may seek board seats Activist investor Carl Icahn revealed a 12.6% stake in data analytics company Cloudera Inc on Thursday, and said he could seek seats on the company's board....
01:39 2019-08-02

Amazon in early talks to buy stake in India's Reliance Retail: ET Amazon.com Inc is in exploratory talks with Reliance Industries Ltd's retail unit to buy an up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported on Thursday....
11:13 2019-08-01

Tour Missouri's Echo Bluff Stake Park If the scenery in Netflix's "Ozark" appeals to you, Missouri's Echo Bluff State Park can provide the natural beauty without all the man-made drama.       ...
08:00 2019-06-12

China's BAIC buys 5% Daimler stake to cement alliance China's Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler , cementing its relationship with the German carmaker after China's Zhejiang Geely Holding emerged as a potential rival....
10:39 2019-07-23

Two groups, one backed by China's Fosun, reportedly bid for NMC Health stake Two groups, including one backed by China's Fosun, have made competing offers to buy a 40% stake in London-listed NMC Health worth up to $1.9 billion, four sources familiar with the deal said....
09:52 2019-08-22

Exclusive: FCA-Renault revival may hinge on Nissan stake cut - sources Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker's alliance partner Nissan Motor Co Ltd , according to several sources close to the companies....
06:39 2019-06-10

Volkswagen CEO interested in Tesla stake, Manager Magazin reports CEO Herbert Diess is interested in acquiring a stake in Tesla, German business publication Manager Magazin reported on Thursday, citing company sources....
15:13 2019-08-22

UPDATE 1-Trafigura takes stake in Frontline in $675 mln tanker deal Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675 million which will make the Geneva-based trading firm a large shareholder in the shipping group....
11:13 2019-08-23

Nordstrom family prepares proposal for major stake in retailer - WSJ Shares of Nordstrom Inc rose 7% on Wednesday after the Wall Street Journal reported that members of the retailer's founding family are in the early stages of discussing a proposal to boost their roughly one-third stake to over 50%, citing people familiar with the matter....
20:26 2019-07-31

France prepared to cut Renault stake to shore up deal with Nissan- AFP French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to shore up Renault's partnership with Nissan Motor Co , according to an AFP tweet https://bit.ly/2KwTMqg on Saturday....
10:26 2019-06-08

France Ready To Cut Renault Stake To Shore Up Nissan Partnership France is ready to consider cutting its stake in Renault in the interests of consolidating the automaker's alliance with Nissan, Finance Minister Bruno Le Maire said....
14:26 2019-06-08

BC Partners close to buying majority stake in Garda World - WSJ Private equity firm BC Partners is nearing a deal to buy a majority stake in Canada-based security services company Garda World Security Corp, the Wall Street Journal reported on Tuesday....
07:52 2019-07-23

Australia's Qantas says it will not trim Alliance stake despite competition concerns Australian flag carrier Qantas Airways Ltd said it had no plan to cut its stake in Alliance Airlines, after the competition regulator raised concerns over its acquisition of 19.9% in its rival....
05:13 2019-08-01

BlackRock Offers to Buy Cofense Stake from Russia-Linked Firm A rare showdown between a national-security panel tasked with overseeing foreign-investment in U.S. companies and a Russia-linked firm is nearing a potential resolution....
03:26 2019-08-17

Nordstrom Family Prepares New Proposal to Increase Stake in Retailer The family behind Nordstrom is seeking to strengthen its grip on the department-store chain following a decline in its shares that has stoked tension on the board....
00:13 2019-08-01

UPDATE 1-Albemarle to take 60% pct stake in Australia Wodgina lithium project Albemarle Corp, the world's largest lithium producer, will take a controlling stake in Australia's Wodgina lithium project after revising a deal with Mineral Resources Ltd to buy 60%, up from the previously agreed 50%....
04:39 2019-08-01

Exclusive: Third Point builds stake in Ray-Ban maker EssilorLuxottica - sources Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA to Campbell Soup Co , has amassed a stake in Ray-Ban maker EssilorLuxottica SA , people familiar with the matter said on Sunday....
02:13 2019-08-26

UPDATE 1-Activist investor Cat Rock slashes stake in UK's Staffline Activist investor Cat Rock Capital cut its stake in Staffline Group Plc by more than half, less than a month after the British recruiter swung to a 2018 loss as it booked a charge for potential fines for underpaying workers....
10:00 2019-07-22

WeWork seeks $20 billion-$30 billion in IPO valuation: Streetinsider citing Bloomberg WeWork owner The We Company is seeking a valuation of between $20 billion and $30 billion in its planned initial public offering, Streetinsider.com reported on Thursday, citing Bloomberg, well below the $47 billion it was worth at the start of the year....
15:13 2019-09-05

WeWork looking to raise $3 billion-$4 billion in debt ahead of IPO: source Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a source familiar with the matter said on Sunday, a move aimed to fuel investor confidence in the company....
21:52 2019-07-07

Italy's Salvini says Rome should take stake in combined FCA-Renault group 'if required' Italy's Deputy Prime Minister Matteo Salvini said on Monday the Rome government should take a stake in a combined Fiat Chrysler- Renault group if necessary, given the importance of the car sector for the domestic economy....
18:26 2019-05-27

Swiss-based Glencore takes controlling stake in PolyMet mine ST. PAUL, Minn. (AP) — Swiss-based global commodities giant Glencore AG says it’s taking a 72% stake in PolyMet Mining, gaining majority control over what’s slated to become Minnesota’s first copper-nickel mine. PolyMet announced Thursday that Glencore’s stake will rise from ...
19:52 2019-06-27

Delta buys stake in Korean Air parent, may help avert activist threat Delta Air Lines bought a 4.3% stake in Korean Air Lines Co's parent company and said it wants to raise it to 10%, giving a boost to the management of South Korea's top carrier that seeks to thwart a local activist fund's challenge....
05:52 2019-06-21

Brazil's CPFL Energia offers to buy Chinese stake in renewables unit Brazilian electric utility CPFL Energia SA announced on Tuesday a memorandum of understanding with its parent company, China's State Grid , for the potential acquisition of State Grid's stake in its renewables arm CPFL Renovaveis ....
15:52 2019-05-21

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules....
14:52 2019-06-12

Saban to return controlling stake in Israel's Partner Comms: media U.S.-Israeli media magnate Haim Saban plans to give up his controlling stake in Israeli mobile phone operator Partner Communications , financial media reported on Sunday....
14:00 2019-09-22

UPDATE 1-France prepared to cut Renault stake to bolster deal with Nissan- AFP French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to consolidate Renault's partnership with Nissan Motor Co , Agence France Press (AFP) reported https://www.afp.com/en/news/717/france-ready-cut-renault-stake-shore-nissan-partnership-finance-minister-...
10:26 2019-06-08

Huawei Selling Stake in Undersea-Cable Firm as U.S. Pressure Mounts China’s Huawei Technologies plans to sell its majority stake in an undersea-cable venture, in a move that follows a U.S. pressure campaign against Huawei and efforts to block the cable venture’s projects....
14:39 2019-06-03

Nielsen Takes Minority Stake in Brand-Safety Firm OpenSlate Executives declined to disclose the size of Nielsen’s investment in OpenSlate. The deal values OpenSlate at more than $100 million, according to a person familiar with the matter....
05:52 2019-09-19

Altria buys 80% stake in Swiss tobacco company Burger Sohne The Altria Group is buying an 80 percent share in Swiss company Burger Sohne and will commercialize one of its smokeless tobacco products, the companies announced Monday....
20:00 2019-06-03

Wizards could try to lure Raptors’ Masai Ujiri with a notable ‘ownership stake’ Ujiri built the Raptors team that won the franchise's first NBA title on Thursday. To lure him, a percentage of ownership would be one major sweetener Washington would have to present over Toronto....
10:13 2019-06-14