Keywords: Sale


Revolut Surges to $115 Billion Valuation Following New Secondary Share Sale

British financial technology giant Revolut has reached an estimated valuation of $115 billion following the launch of a new secondary share sale, underscoring robust investor confidence in the company's rapid global expansion and digital banking trajectory. The revised valuation marks a sharp increase......

Morocco’s Atlas Lions return home after impressive 2026 FIFA World Cup campaign

The Morocco national football team returned home on Sunday, arriving at Rabat-Salé Airport after concluding a memorable run at the 2026 FIFA World Cup, which was jointly hosted by the United States, Canada, and Mexico. The Atlas Lions landed in the Moroccan capital following their departure from......

Amazon targets $25 billion bond sale to accelerate AI investment

Amazon is preparing to raise at least $25 billion through a U.S. dollar-denominated bond offering, according to a media report, as the technology giant seeks additional funding to support its expanding artificial intelligence strategy. The planned debt issuance would rank among the company's largest......

Tencent unit targets up to $1.55 billion through Kuaishou share sale

A subsidiary of Tencent Holdings is seeking to raise as much as $1.55 billion by selling part of its stake in Kuaishou Technology, according to a term sheet reviewed by Reuters, in a move that could become one of the largest secondary share offerings in Hong Kong’s technology sector this year. The......

Blackstone, CVC and MUFG compete for stake in Vietnam’s MoMo as fintech sale gains momentum

Global investment firms including Blackstone Inc., CVC Capital Partners, and Mitsubishi UFJ Financial Group are among bidders competing for a stake in Vietnamese fintech company MoMo, according to people familiar with the process. The potential deal highlights continued strong investor appetite for......

Germany's Bitcoin sale looks prescient after crypto market slump

Germany's decision to sell nearly 50,000 seized bitcoins in mid-2024 is being reassessed after a sharp decline in cryptocurrency prices erased much of the criticism that followed the transaction. Between June 19 and July 12, 2024, German authorities liquidated the holdings for roughly $2.89 billion......

Citi says ETF outflows drive crypto market downturn

The recent decline in cryptocurrency markets has been driven primarily by weakening institutional demand rather than isolated corporate transactions, according to market analysis attributed to Citigroup. The bank’s assessment points to sustained outflows from Bitcoin exchange-traded funds as the......

Banana artwork stolen from French museum in latest incident

A banana attached to a wall as part of Maurizio Cattelan’s conceptual artwork Comedian was stolen from a museum in eastern France on May 30. Security staff at the Centre Pompidou-Metz noticed the disappearance during routine monitoring of the exhibition space. The museum later confirmed the theft......

Jtekt includes Morocco plant in European asset sale deal

Japanese automotive supplier Jtekt has agreed to transfer several of its European-facing operations, including a manufacturing site in Morocco, as part of a broader restructuring of its international business portfolio. The transaction forms part of a share transfer agreement with an investment entity......