Tag: Trusts/Funds/Financial Vehicles
11 months ago
wsj.com

Origin’s Largest Shareholder Turns Down Chance to Join Takeover Consortium

AustralianSuper says the offer remains substantially below its estimate of Origin’s long-term value

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12 months ago
wsj.com

Origin’s Largest Shareholder to Vote Against Brookfield-Led Takeover

AustralianSuper, which holds a near 14% stake in Origin, said the $10 billion proposal significantly undervalues the ...

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12 months ago
wsj.com

Despite Israel-Hamas War, It’s (Nearly) Business as Usual at Saudi Investment Forum

JPMorgan, Goldman Sachs and Blackstone bosses were there, a sign of the pull the kingdom and Mohammed bin Salman have...

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12 months ago
wsj.com

KKR’s Chip Play Will Win Big in Japan

Japan’s biggest initial public offering in five years, chip equipment maker Kokusai, is priced to move.

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about 1 year ago
wsj.com

This Country Won the Global Tax Game, and Is Swimming in Money

Ireland is setting up a sovereign-wealth fund filled with tax revenue from U.S. tech and pharma companies

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about 1 year ago
wsj.com

Billions of Dollars in Loans to Board Members Draw Spotlight to Gulf Banks

As the U.A.E. extends its financial reach, a corporate-governance issue has emerged

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about 1 year ago
wsj.com

Australia Fruit Grower Costa Agrees to Paine Schwartz Takeover

Paine Schwartz lowered its takeover proposal from an initial A$3.50 a share after several months of discussions

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about 1 year ago
wsj.com

Tesla, Saudi Arabia in Early Talks for EV Factory

Kingdom is trying to boost foreign investment but has contentious history with Elon Musk

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about 1 year ago
wsj.com

The Middle East Becomes the World’s ATM

Flush with cash from an energy boom, Saudi Arabia and other Gulf monarchies have a moment on the world’s financial stage

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about 1 year ago
wsj.com

Splitit Payments Takes Private Equity Backing in Pursuit of Large Merchants, CEO Says

The company agreed to issue new preferred shares to Motive Partners in exchange for $50 million in funding

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about 1 year ago
wsj.com

Biden’s Order Won’t Destroy Chinese Venture Capital

Startup funding ecosystems in China and the U.S. will probably keep growing apart

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about 1 year ago
wsj.com

Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home

Saudi Arabia plans to build Neom, a futuristic megacity in the middle of the desert. But residents resisting eviction...

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about 1 year ago
wsj.com

Australia’s InvoCare Agrees to A$1.8 Billion Takeover by TPG

InvoCare expects the takeover to be completed in November

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over 1 year ago
wsj.com

Paine Schwartz Makes $1.08 Billion Offer for Australian Fruit Grower Costa

Fruit and vegetable grower Costa Group received an unsolicited takeover proposal from U.S. private-equity firm Paine ...

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over 1 year ago
wsj.com

Cut Off From Headquarters: Global Fund Managers Are Stuck in China’s Black Box

Strict guidelines on data-sharing have created teething problems for foreign entrants

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over 1 year ago
wsj.com

InvoCare Says TPG Has Withdrawn $1.22 Billion Takeover Proposal

InvoCare Ltd. said a unit of TPG Inc. has withdrawn its takeover proposal for the Australian funeral-services provider.

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over 1 year ago
wsj.com

Brickworks Raises Dividend But Warns of Impending Demand Slowdown

Higher interest rates will dampen demand, company says

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over 1 year ago
wsj.com

U.K. Inflation Resumes Its Rise, Defying Expectations

Price increases in February picked up to 10.4%; cost of food rose at the fastest pace since records began

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over 1 year ago
wsj.com

Credit Suisse Collapse Burns Saudi Investors

Some of kingdom’s officials harbored doubts about a $1.5 billion investment in bank before crown prince signed off

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over 1 year ago
wsj.com

InvoCare Receives A$1.82 Bln Takeover Proposal From TPG

Its board is assessing the proposal

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over 1 year ago
wsj.com

WiseTech Global to Acquire Rail-Solutions Provider Blume for $414 Million

Deal marks logistics software provider’s second strategically significant U.S. acquisition in less than a month

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almost 2 years ago
wsj.com

Saudi Crown Prince Tangles With Sovereign Wealth Fund Over How to Invest Oil Riches

Prince Mohammed bin Salman has vexed financial officials at times as he pushes pet projects on the Public Investment ...

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almost 2 years ago
wsj.com

Fidelity International Wins China Mutual-Fund License

The asset manager follows BlackRock and Neuberger Berman in getting Chinese regulatory approval to manage money for i...

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almost 2 years ago
wsj.com

This Hedge-Fund Manager Helped Expose Luckin Coffee’s Fraud. Now He’s Betting on the Company’s Co...

A hedge-fund manager who secretly wrote a 2020 report accusing Luckin Coffee of accounting fraud is now backing the C...

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almost 2 years ago
wsj.com

WSJ News Exclusive | Tiger Global Halts New Chinese Equities Investments

The firm is reassessing its exposure to the world’s second-largest economy after President Xi Jinping cemented his co...

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almost 2 years ago
wsj.com

Saudi Conference Draws Wall Street Executives Amid Strained Ties With U.S.

JPMorgan’s Jamie Dimon and Goldman Sachs’s David Solomon are expected to speak at the event in a sign that a Saudi-U....

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almost 2 years ago
wsj.com

Lego Owner to Acquire Education-Technology Firm Brainpop

Kirkbi is buying the U.S. video-learning firm for $875 million, according to the companies, as the the world’s larges...

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about 2 years ago
wsj.com

Bank of England Further Expands Bond-Market Rescue

The BOE added inflation-linked government bonds to its program of bond purchases after a fresh attempt to extend supp...

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about 2 years ago
wsj.com

Bank of England Offers Further Support for Pension Funds Amid Crisis

The bank offered to buy long-dated U.K. government bonds in larger amounts and said it would provide continuing suppo...

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about 2 years ago
wsj.com

Saudi Sovereign-Wealth Fund Joins 100-Year Bond Club

Saudi Arabia joined the small club of issuers that have borrowed for 100 years from investors, with its sovereign-wea...

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about 2 years ago
wsj.com

Saudi Sovereign-Wealth Fund Reveals Finances for First Time Ahead of Bond Sale

Saudi Arabia offered a first look inside the performance of its $600 billion Public Investment Fund, revealing that i...

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about 2 years ago
wsj.com

Ramsay Health Care Rebuffs Revised Proposal by KKR-Led Consortium

Ramsay Health Care rejected a revised takeover proposal from a KKR & Co. Inc.-led consortium, calling it meaningfully...

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about 2 years ago
wsj.com

Nearmap Board Recommends Thoma Bravo’s A$1.055B Takeover Offer

Australian aerial-mapping firm Nearmap Ltd. agreed to a $725.6 million takeover by U.S. private-equity firm Thoma Bravo.

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about 2 years ago
wsj.com

Nearmap Maintains Cashflow Target Despite 32% Drop in Annual Earnings

Australian aerial-mapping firm Nearmap Ltd. said it remains on track for positive free cashflow in its 2024 fiscal ye...

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about 2 years ago
wsj.com

Reebok Owner Authentic Brands to Buy British Fashion Label Ted Baker

The New York-based company is adding the struggling British fashion label to its stable of brands.

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about 2 years ago
wsj.com

ValueAct Takes Stake in New York Times

The activist investor disclosed a 6.7% stake in the news organization and intends to push the media company to more a...

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about 2 years ago
wsj.com

ANZ in Talks for Potential Acquisition of KKR’s MYOB Unit

Australia and New Zealand Banking Group is in talks with KKR & Co. for the potential acquisition of the U.S. private ...

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over 2 years ago
wsj.com

Blackstone’s Crown Allowed to Open Sydney Casino After Takeover

Blackstone’s bet on acquiring Australian casino operator Crown Resorts yielded an early dividend for the American pri...

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over 2 years ago
wsj.com

Blackstone’s Crown Resorts Takeover Approved by Australian Court

UPDATED: Blackstone’s $6.07 billion takeover of Australia’s Crown Resorts was approved by the country’s federal court...

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