Just a week earlier he had secured $7bn-odd of new funding from assorted multibillionaires, venture capital funds, Saudi princes, crypto kings and sovereign wealth funds.
Source: Musk’s wild...
Former chief executive Satoshi Tsunakawa will be replaced as chair of the board by Akihiro Watanabe, an executive at mergers and acquisitions advisory group Houlihan Lokey.
Source: Toshiba shakes up...
With more leverage and higher valuations than last time
Source: Private equity meets bear market
UK’s biggest train operator says proposal from I Squared Capital ‘significantly undervalues’ business Source: FirstGroup rejects £1.23bn offer from private equity bidder
FTC chair warns of ‘life and death consequences’ when buyout groups own broad sectors of economySource: Khan vows ‘muscular’ US antitrust approach on private equity deals
Twitter plans to comply with Elon Musk’s demand for data on fake accounts, the Washington Post reported on Wednesday, citing a person familiar with the company’s thinking. Twitter’s board now...
Circle, the issuer of the USD Coin (USDC) stablecoin, has agreed to acquire Cybavo, a crypto infrastructure startup that serves institutional customers. Source: Circle to acquire crypto...
Apollo Global Management Inc. is in talks to provide up to $2 billion in debt financing for the potential acquisition of department store chain Kohl’s Corp by retail store operator Franchise...
