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Category: Capital


Capital, Finance Tech

Revelstoke Capital Partners Acquires Monte Nido & Affiliates, a Leading Provider of Eating Disorder Treatment Services

August 29, 2022

Via: Markets Insider

Revelstoke Capital Partners (“Revelstoke”), a Denver-based private equity firm focused on investing in healthcare services companies, today announced it has acquired Monte Nido & Affiliates (“Monte Nido” or the “Company”), an eating disorder treatment provider serving patients across the full […]


Capital, Finance Tech

Russian oil firm Lukoil acquires Spartak Moscow soccer club

August 22, 2022

Via: Investing.com

Russian oil firm Lukoil said on Monday it had purchased Russian Premier League club Spartak Moscow, as well as the Moscow stadium where it plays its home matches. Spartak is reeling from financial problems in the wake of Russia’s military […]


Capital, Finance Tech, Trading

Buffett’s firm buys more Apple, Amazon while betting on oil

August 16, 2022

Via: ABC News

Warren Buffett’s company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter, while also investing billions in old-school oil producers Occidental Petroleum and Chevron. Berkshire Hathaway detailed all its second-quarter investments Monday in a new […]


Capital, Finance Tech, Trading

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

August 10, 2022

Via: NBC News

Tesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night. His transactions occurred between Aug. 5 and 9, the Securities and Exchange Commission filings revealed, following […]


Capital, Finance Tech

Euro Breaking News: German and EZ PMI’s Touch Contractionary Territory, Parity Resurgence?

July 22, 2022

Via: DailyFX

The euro began its descent today beginning with French PMI’s missing estimates followed by German data which often services as a barometer for the entire EU region. Unsurprisingly, EZ PMI’s followed suite (see economic calendar below), augmenting the weaker euro. Manufacturing and services fell across […]


Capital, Enterprise, Finance Tech, Industries

Twitter Didn’t Seek a Sale. Now Elon Musk Doesn’t Want to Buy. Cue Strange Legal Drama.

July 11, 2022

Via: The Wall Street Journal

Elon Musk’s showdown with Twitter Inc. has set the stage for what could become one of the most unusual courtroom battles in corporate-takeover history—a spurned acquisition target that never sought to be bought potentially trying to force the buyer who […]


Capital, Finance Tech

Hertz Global Gains on New $2 Billion Buyback Plan, Covering 31% of Market Cap

June 15, 2022

Via: Investing.com

Hertz Global (NASDAQ:HTZ) shares jumped 5% in pre-open trading Wednesday after the company announced that its Board of Directors approved a new $2 billion share repurchase program. The new repurchase program is in addition to the $0.2 billion remaining under […]


Capital, Energy, Finance Tech, Industries

Alaska’s largest natural gas utility being sold for $800M

May 27, 2022

Via: ABC News

The owner of the largest natural gas utility in Alaska said it is selling the company to Canada-based TriSummit Utilities Inc. for $800 million. AltaGas Ltd. announced Thursday that the sale includes Anchorage-based ENSTAR Natural Gas, associated pipelines and ENSTAR’s […]


Capital, Enterprise, Finance Tech, Industries

Twitter jumps more than 5% after Elon Musk puts up another $6.25 billion of his own wealth to fund the takeover deal

May 26, 2022

Via: Markets Insider

Twitter stocks rose more than 5% in premarket trading Thursday after Elon Musk fronted more of his own wealth to fund his $44 billion buyout offer. Musk will put up another $6.25 billion of equity for the deal, lifting the […]


Capital, Finance Tech, News

Elon Musk buys Twitter

April 26, 2022

Via: TechRadar

You don’t even need 280 characters to deliver this momentous news: Elon Musk just bought Twitter. The Tesla CEO and SpaceX founder has been circling the popular social media platform for weeks, using Twitter itself as a medium to announce […]


Capital, Finance Tech

Oligarchs and other wealthy Russians have stashed up to $214 billion in secretive Swiss bank accounts, leading trade group reveals

March 18, 2022

Via: Markets Insider

Oligarchs and other wealthy Russians have stashed as much as $214 billion in secretive Swiss bank accounts, the industry’s top trade group has revealed. On Thursday, the Swiss Bankers Association (SBA) told Reuters that the country’s banks held between 150 […]


Capital, Finance Tech

Mill City Ventures secures $5M revolving credit facility

January 19, 2022

Via: Markets Insider

Mill City Ventures III, Ltd. (OTCBB: MCVT), a non-bank lender and specialty finance company, announced today the establishment of a revolving credit facility in the initial amount of $5 million. The facility will allow Mill City Ventures to leverage its […]


Capital, Finance Tech, News

Microsoft is buying ‘Call of Duty’ publisher Activision for nearly $70 billion

January 18, 2022

Via: Markets Insider

Microsoft is buying Activision, the major video game publisher behind the “Call of Duty” franchise, in an all-cash deal valued at around $68.7 billion. It’s Microsoft’s largest ever acquisition, and the largest video game acquisition in history. The price values […]


Capital, Finance Tech, Trading

Nike and Adidas Are Dipping Toes Into the NFT Market. The Sneakerheads Are Into It.

January 14, 2022

Via: The Wall Street Journal

Non-fungible tokens, or NFTs, are a lot like sneaker drops: They come in limited quantities, depend on sky-high demand and stir speculative crazes in the resale market. It should come as no surprise, then, that Nike , Adidas and Under […]


Capital, Finance Tech, Trading

Musk, Other Insiders Are Selling Stock at Historic Levels

December 9, 2021

Via: The Wall Street Journal

Company founders and leaders are unloading their stock at historic levels, with some selling shares in their businesses for the first time in years, amid soaring market valuations and ahead of possible changes in U.S. and some state tax laws. […]


Capital, Finance Tech

Dan Loeb’s hedge fund Third Point netted a $300 million profit from Rivian’s IPO, report says

November 24, 2021

Via: Markets Insider

Third Point, the hedge fund of billionaire investor Daniel Loeb, scored a $300 million gain from electric-vehicle startup Rivian’s blockbuster IPO earlier this month, according to the Financial Times. The FT reported that Third Point, which has $20 billion under […]


Capital, Finance Tech

WeWork gets $150 million investment from real estate services firm Cushman & Wakefield

October 29, 2021

Via: Investing.com

Real estate services company Cushman & Wakefield (NYSE:CWK) said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchange following a merger with a blank-check company. As […]


Capital, Finance Tech

Housing credit start-up Homeville raises $7 mn from 9Unicorns, Varanium NexGen Fund

September 30, 2021

Via: Business Today

Homeville, a fintech start-up that facilitates housing credit, including down payment assistance, has raised $7 million from a clutch of investors including 9Unicorns, Varanium NexGen Fund, JITO Angel Network, CREDAI Members Network, Blacksoil and Earlsfield Capital. The venture, which provides […]


Capital, Finance Tech

CVC snaps up Medivet in £1bn deal amid industry boom

September 16, 2021

Via: Sky News

Sky News has learnt that Medivet is being sold by Inflexion Private Equity to CVC in a deal worth more than £1bn. Medivet, which operates around 300 branches and more than 20 round-the-clock clinics across the UK, has been part-owned […]


Capital, Finance Tech

Google to invest $1.2B in Germany cloud computing program

August 31, 2021

Via: ABC News

Google said Tuesday that it is investing 1 billion euros ($1.2 billion) by 2030 to expand its cloud computing infrastructure in Germany and to increase the use of renewable energy. The internet giant said it plans to add new cloud […]