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Keywords: 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......
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 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......
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......
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......
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......
The auction house will offer a Tyrannosaurus rex skeleton known as Gus during its annual Geek Week sale in July, with estimates ranging between 20 million and 30 million dollars. The specimen is presented as one of the most significant prehistoric fossils ever brought to the commercial market, reflecting......
Morocco has raised €2.25 billion through an international bond issuance, reinforcing its access to global capital markets as the country continues to finance large-scale infrastructure and development programs. The operation was split into two tranches with maturities set for 2034 and 2038, reflecting......
China officially confirmed Wednesday that it will purchase 200 Boeing aircraft and reopen its market to American beef, following last week's summit in Beijing between President Donald Trump and Chinese President Xi Jinping. The announcements represent a series of trade agreements emerging from the......