stake
- Finance
Fosun unit to divest 40% stake in Portugal’s Luz Saude to Macquarie-linked firm
Fosun International, a Hong Kong-listed Chinese conglomerate, announced on Friday that its unit has reached an agreement to sell a…
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Pepsi shares jump as activist Elliott takes $4 billion stake, sees ‘historic’ value opportunity
PepsiCo Sees Stock Surge After Elliott Investment Management Takes Stake PepsiCo saw a spike in its stock price on Tuesday…
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TD Cowen Reiterates Hold on Intel (INTC) After U.S. Government Stake Deal
Intel Corporation (NASDAQ:INTC) is a well-known player in the AI stocks arena. Recently, TD Cowen analyst Joshua Buchalter reiterated a…
Read More » - Money
Trump says U.S. government taking a 10% stake in tech giant Intel
President Trump announced that Intel has agreed to give the U.S. government a 10% stake in its business. This groundbreaking…
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Exclusive-Toms Capital seeks CSX meeting after buying stake, sources say
Hedge fund Toms Capital Investment Management has recently made a move to meet with the board at CSX after acquiring…
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Texas redistricting: What’s at stake as Republicans aim to pick up 5 House seats
President Donald Trump recently made a bold claim, asserting that Republicans are “entitled to five more seats” in Texas amid…
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Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund’s board
Ray Dalio, the renowned founder of Bridgewater Associates LP, has made a significant move by selling off his remaining shares…
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Greenfood majority stake changes hands
Swedish investment firm Fidelio has made a significant move in the fresh-produce industry by acquiring Nordic Capital’s majority stake in…
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Air France-KLM to take majority stake in Scandinavian airline SAS
Air France-KLM is set to boost its ownership in Scandinavian airline SAS to 60.5%, marking a significant move in the…
Read More » - Sports
Jets owner Woody Johnson buys 43% stake in English soccer club Crystal Palace
Woody Johnson, the owner of the New York Jets, is making a move into the world of English soccer. Crystal…
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