Equity Financing

Aramco amps up in South Korea with $1.6 billion bet on refiner…

Aramco amps up in South Korea with $1.6 billion bet on refiner…

Published 28/01/2019

SEOUL (Reuters) - State-owned Saudi Aramco plans to invest up to $1.6 billion for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, [more…]

Citigroup allows hedge fund ValueAct more access

Citigroup allows hedge fund ValueAct more access

Published 11/01/2019

NEW YORK (Reuters) - Citigroup Inc (C.N) will give ValueAct Capital more access to its books and board of directors, signaling that the bank and [more…]

Investors ask how the Bezos divorce will affect Amazon

Investors ask how the Bezos divorce will affect Amazon

Published 10/01/2019

NEW YORK (Reuters) - Amazon.com Inc (AMZN.O) shares seesawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect [more…]

Third time may be a charm as Jeff Vinik relaunches hedge fund

Third time may be a charm as Jeff Vinik relaunches hedge fund

Published 10/01/2019

NEW YORK (Reuters) - Prominent investor Jeffrey Vinik is ready to manage money for outside clients again and plans to relaunch his hedge fund firm [more…]

Saba Capital’s Tail Hedge Master Fund gains 25 percent in 2018

Saba Capital’s Tail Hedge Master Fund gains 25 percent in 2018

Published 08/01/2019

BOSTON (Reuters) - Saba Capital’s Tail Hedge Master Fund, which promises a sort of doomsday insurance through bets that perform well when markets spiral, ended [more…]

Cruiser Capital targets Ashland directors, including chairman

Cruiser Capital targets Ashland directors, including chairman

Published 07/01/2019

BOSTON (Reuters) - Cruiser Capital Advisors said on Monday it wants to replace four directors at chemical company Ashland Global Holdings, including the board chairman. [more…]

Activist U.S. hedge funds hurt by late-year stock tumble

Activist U.S. hedge funds hurt by late-year stock tumble

Published 03/01/2019

BOSTON (Reuters) - Widely followed activist investors Daniel Loeb, Barry Rosenstein and William Ackman suffered heavy losses in December, when fears about trade battles and [more…]

Green Growth to launch hostile bid for pot producer Aphria

Green Growth to launch hostile bid for pot producer Aphria

Published 28/12/2018

(Reuters) - U.S. cannabis retailer Green Growth Brands Ltd (GGB.CD) said on Thursday it would make a hostile takeover bid for Aphria Inc (APHA.TO) in [more…]

California lets self-driving startup Zoox offer autonomous rides

California lets self-driving startup Zoox offer autonomous rides

Published 21/12/2018

SAN FRANCISCO (Reuters) - Self-driving car startup Zoox Inc has become the first company to receive approval from California regulators to operate an autonomous ride [more…]

SoftBank’s record IPO reaches $23.5 billion after extra share sale

SoftBank’s record IPO reaches $23.5 billion after extra share sale

Published 10/12/2018

TOKYO (Reuters) - SoftBank Group Corp (9984.T) is set to raise 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO - a share sale widely [more…]