Articles for Buyout, search results for firm

Why Elon Musk’s Buyout Offer “Reads Like a Scam”
1 month ago

Why Elon Musk’s Buyout Offer “Reads Like a Scam”

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Elon Musk’s “Fork in the Road” email offering 2.3 million federal civil servants a “deferred resignation” through September set off a number of legal questions this country has never been forced to consider, and they’re finally making their way …

Congress White House Employees Workers Musk White Federal
Consortium aims to seal ESR buyout in coming weeks, likely valuing it at over $7 bln, say sources
3 months, 2 weeks ago

Consortium aims to seal ESR buyout in coming weeks, likely valuing it at over $7 bln, say sources

Live Mint  

* Terms of the deal are not finalised, sources say * ESR shares down over 60% from their 2021 peak By Kane Wu and Julie Zhu HONG KONG, Nov 28 - A consortium including Starwood Capital Group and Warburg Pincus aims to finalise a deal to take ESR Group private in the coming weeks, valuing the Hong Kong-listed real estate …

Hong Kong Sources Consortium Warburg Pincus Seal Esr
Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-led management buyout
4 months ago

Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-led management buyout

LA Times  

TKO + Endeavor CEO Ari Emanuel at the UFC 300 event at T-Mobile Arena on April 13 in Las Vegas. Beverly Hills-based Endeavor announced Monday it will sell sports betting firm OpenBet, in a management buyout backed by Chief Executive Ari Emanuel. Endeavor said it will sell OpenBet, along with sports data provider IMG Arena, to OB Global Holdings LLC …

Endeavor Emanuel Img Management Buyout Openbet Img Arena
Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout
1 year, 8 months ago

Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout

The Hindu  

Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter for defeating his bid to walk away from his $44 billion buyout of the social media company. Musk accused Wachtell of exploiting Twitter by accepting, in the final days before the Oct. 27, 2022, buyout …

Musk Twitter Law Firm Wachtell Threatened Law
Elon Musk's mysterious ways on display in Tesla tweet trial
2 years, 1 month ago

Elon Musk's mysterious ways on display in Tesla tweet trial

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. THE TROUBLESOME TWEETS The crux of the case hinges …

Trial 2018 Money Tesla Musk Saudi Billion
Elon Musk’s next drama: A trial over his tweets on Tesla
2 years, 1 month ago

Elon Musk’s next drama: A trial over his tweets on Tesla

Al Jazeera  

Trial on Tesla boss Musk’s old tweets that he had raised money to take the auto firm private is set to start on Tuesday. Musk’s tweets back then fuelled a rally in Tesla’s stock price that abruptly ended a week later, after it became apparent that he did not have the funding for a buyout after all. Chen dealt Musk …

Trial Tesla Company Stock Musk Twitter
Crypto billionaire Sam Bankman-Fried accepts buyout from Binance after liquidity crunch
2 years, 4 months ago

Crypto billionaire Sam Bankman-Fried accepts buyout from Binance after liquidity crunch

LA Times  

Crypto billionaire Sam Bankman-Fried, chief executive of FTX US Derivatives, looks around during a hearing by the House Agriculture Committee. A day before accepting the deal from Binance, Bankman-Fried said on Twitter that assets on FTX were “fine.” By Tuesday, he had changed his messaging. Binance said the agreement came after “a significant liquidity crunch” befell FTX and the firm …

Crypto Assets Billion Twitter Ftx Binance Zhao
Software firm Aveva agrees to £9.5bn full buyout by France’s Schneider
2 years, 5 months ago

Software firm Aveva agrees to £9.5bn full buyout by France’s Schneider

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK software firm Aveva Group …

Electric Schneider Schneider Electric Aveva
Buyout firms seek $1 trillion of new funding even as markets drop and deal-making dries up
2 years, 7 months ago

Buyout firms seek $1 trillion of new funding even as markets drop and deal-making dries up

Live Mint  

More private-equity firms are trying to raise more money than ever before, creating stiff competition for investor dollars during a rough time for markets and deal-making. Among those seeking capital are at least nine private-equity funds with targets of $20 billion or more, including the latest vehicles from giants Blackstone Inc., Hellman & Friedman LLC and Apollo Global Management Inc. …

Fundraising Market Fund Funds Firms Blackstone
Elon Musk says he’s terminating $44-billion Twitter buyout; company plans to sue
2 years, 8 months ago

Elon Musk says he’s terminating $44-billion Twitter buyout; company plans to sue

LA Times  

Elon Musk announced Friday that he would abandon his tumultuous $44-billion offer to buy Twitter after the company failed to provide enough information about the number of fake accounts. In a letter to Twitter’s board, Musk lawyer Mike Ringler complained that his client had for nearly two months sought data to judge the prevalence of “fake or spam” accounts on …

Board Tesla Company Musk Twitter Accounts Spam
Elon Musk may try to lower his $44 billion bid for Twitter buyout
2 years, 10 months ago

Elon Musk may try to lower his $44 billion bid for Twitter buyout

India Today  

Elon Musk’s bid worth $44 billion to buy Twitter may dwindle to settle for a lower price, according to Hindenburg Research, a UK-based investment research firm that bets against the company’s share prices and focuses on activist short-selling. “We believe if Elon Musk’s bid for Twitter disappeared tomorrow, Twitter’s equity would fall by 50% from current levels,” Hindenburg Research said. …

Company Musk Elon Musk Share Twitter Hindenburg
Does Elon Musk have enough money to complete Twitter buyout?
2 years, 10 months ago

Does Elon Musk have enough money to complete Twitter buyout?

India Today  

Elon Musk has reached a deal to acquire Twitter for $44 billion but investors were speculating over whether the Tesla boss would complete the buyout process of the social media firm. Traders fretted that Musk may not have enough money sitting around to fund his $21 billion cash contribution and could decide against selling some of his Tesla shares to …

Tesla Musk Elon Musk Billion Deal Reuters Twitter
RUTH SUNDERLAND: Outcome of LV vote will deter buyout barons
3 years, 3 months ago

RUTH SUNDERLAND: Outcome of LV vote will deter buyout barons

Daily Mail  

This newspaper has campaigned vigorously against the takeover of LV by private equity firm Bain Capital, along with politicians from each side of the House. Under siege: this is a victory for the LV savers who made their voices heard and for the mutual movement The real culprits in the saga are not Bain but LV's chairman Alan Cook and …

Fraser Anglo Sirius Woodsmith
Twitter's Dorsey leads $29 bln buyout of lending pioneer Afterpay
3 years, 7 months ago

Twitter's Dorsey leads $29 bln buyout of lending pioneer Afterpay

The Hindu  

Square Inc, the payments firm of Twitter Inc co-founder Jack Dorsey, will purchase buy now, pay later pioneer Afterpay Ltd for $29 billion, creating a global transactions giant in the biggest buyout of an Australian firm. "Acquiring Afterpay is a 'proof of concept' moment for buy now, pay later, at once validating the industry and creating a formidable new competitor …

Credit Deal Twitter Australian Dorsey Square Afterpay
AHEAD OF THE GAME: EFL worry over Leeds owner Andrea Radrizzani's role in rejected £300m buyout
4 years, 4 months ago

AHEAD OF THE GAME: EFL worry over Leeds owner Andrea Radrizzani's role in rejected £300m buyout

Daily Mail  

Leeds owner Andrea Radrizzani was involved in the offer of a £300million partial buyout of the EFL by American firm TPG Capital, which was rejected by chairman Rick Parry last week. Leeds owner Andrea Radrizzani was involved in the offer of a rejected partial buyout of the EFL COVID-19 CLAMPS DOWN ON CHAMPIONSHIP The financial impact of Covid-19 is biting …

Sport Championship Premier Clubs League Big Leeds
EIL to bid to buy-out govt stake in PDIL; does not give details stating confidentiality
6 years, 6 months ago

EIL to bid to buy-out govt stake in PDIL; does not give details stating confidentiality

Firstpost  

Engineers India Ltd said its board of directors in a meeting on Thursday “considered the proposal for acquisition of 100 percent paid-up share capital of PDIL from President of India.” New Delhi: State-owned engineering consultancy firm EIL said on Thursday it will bid to acquire government’s 100 percent stake in Projects and Development India Ltd. In a regulatory filing, Engineers …

India Firm Consultancy Eil Pdil Engineers India Ltd Details Stating
'They will cherish the game': Saracens chief Nigel Wray backs £275m Premiership buyout offer
6 years, 6 months ago

'They will cherish the game': Saracens chief Nigel Wray backs £275m Premiership buyout offer

Daily Mail  

Premiership clubs are weighing up whether to approve a buy-out of the league by private equity firm CVC Capital Partners — who have offered £275million for a 50 per cent stake. Saracens chief Nigel Wray has backed the £275m rugby Premiership buyout offer The Premiership is in talks over deal to sell controlling ownership to private equity firm BREAKDOWN Who …

Clubs Saracens Wray Premiership Cvc Prl Nigel Wray
Tesla in turmoil as board reveals Musk has NOT bid for his firm
6 years, 6 months ago

Tesla in turmoil as board reveals Musk has NOT bid for his firm

Daily Mail  

A special committee set up by Tesla to examine Elon Musk’s plans to take the company private says it has yet to receive an offer. Musk owns almost 20 per cent of Tesla However, the billionaire, despite claiming financial backing from Saudi Arabia’s sovereign wealth fund, has yet to make a formal proposal. Musk owns almost 20 per cent of …

Tesla Musk Buyout Committee
From 'holding' firm, Flipkart turns into 'private' firm for buyout by Walmart
6 years, 10 months ago

From 'holding' firm, Flipkart turns into 'private' firm for buyout by Walmart

India TV News  

The documents filed by Flipkart for regulatory approvals reveal that India's e-tailer major has turned into a private company from a holding firm, ostensibly for a strategic buyout soon by the world's largest retail giant Walmart Inc. "Documents filed by Flipkart with the Singapore's Accounting and Corporate Regulatory Authority indicate that the holding company has become a private firm - …

India Company Investors Firm Private Shares Walmart
Ola to invest $200 mn in Foodpanda after buyout; company returns to food delivery to take on UberEATS
7 years, 2 months ago

Ola to invest $200 mn in Foodpanda after buyout; company returns to food delivery to take on UberEATS

Firstpost  

The deal marks Ola’s return to the food delivery business, which it exited in 2016, Frankfurt/New Delhi: Germany’s Delivery Hero, an online food ordering and delivery marketplace, is selling its Foodpanda India business to Ola in return for shares in the Indian ride-hailing firm, the companies said on Tuesday. The deal marks Ola’s return to the food delivery business, which …

Delivery Indian Food Delivery Million Ola Foodpanda India
US buyout firm KKR to buy Hitachi’s chip-making unit valued at $2.3 billion
7 years, 10 months ago

US buyout firm KKR to buy Hitachi’s chip-making unit valued at $2.3 billion

Live Mint  

Tokyo: US buyout firm KKR said on Wednesday it has agreed to buy Hitachi Ltd’s chip-making equipment and video solution unit in a deal valuing the company at 257 billion yen, its second purchase of a Hitachi unit. This is KKR’s second acquisition of a business owned by Hitachi, following its purchase of power-tool unit Hitachi Koki Co. for about …

Billion Hitachi Kkr
AOL chief says firm shopped buyout deals to Google, Facebook
8 years ago

AOL chief says firm shopped buyout deals to Google, Facebook

Live Mint  

Wilmington : AOL Inc. sought to cut a deal with online rivals Google Inc. and Facebook Inc. before agreeing to a $4.4 billion buyout by Verizon Communications Inc., the company’s top executive told a Delaware judge. “The Verizon offer was a good deal for the company.’’ Investment funds holding more than 8 million AOL shares want Chancery Judge Sam Glasscock …

Online Company Delaware Share Verizon Aol Yahoo
Tenant buyouts lead to protests and a crackdown plan by L.A. City Council
8 years, 5 months ago

Tenant buyouts lead to protests and a crackdown plan by L.A. City Council

LA Times  

Curtis Jeter recalls fearing for his future when his new landlord told him he must move from his South Los Angeles apartment because the building in the gentrifying neighborhood would no longer be for rent. But tenant advocates say Jeter’s story is increasingly common in a red-hot Los Angeles real estate market, where property owners look to speed rehabs or …

Market Rights Money Tenant Tenants Pay City
Elliott's newly developed buyout muscle flexed by Dell Software deal
8 years, 8 months ago

Elliott's newly developed buyout muscle flexed by Dell Software deal

Firstpost  

Elliott Management Corp’s deal to acquire Dell Inc’s software assets shows how the U.S. hedge fund and a prominent activist investor is stepping up its private equity practice, and positioning itself for more takeovers in the tech sector. Elliott clinched the Dell software deal through Evergreen Coast Capital, a new tech-focused private equity wing housed inside the $28 billion hedge …

Equity Software Private Equity Deal Private Elliott Evergreen