SveaHerbst-Bayliss
Stories by SveaHerbst-Bayliss
Blackstone invests $300m in hedge fund Brigade Capital
Brigade is an established manager with some $28b in assets and is expanding in the private credit market.
Recco Control, Dazheng consortium offers $1.64b to take over Hollysys
The new offer is more than the $1.6b takeover bid Hollysys received from Ascendant Capital Partners.
Arm says cloud computing expansion, royalty revenue to be major growth drivers
Weak mobile demand amid global economic slowdown has caused Arm's revenue to stagnate.
Shareholders ask China’s Hollysys to set special meeting amid takeover frustration
Asking for a special meeting signals shareholders' mounting frustration with management of the US-listed company
ValueAct Capital pushing to oust Seven & i President Ryuichi Isaka: letter
The investment firm owns a 4.4% stake in the convenience store operator.
Shareholders push Seven & i to spin off 7-Eleven convenience store chain
Investors also want new directors on the board as investor frustration with its conglomerate structure intensifies.
US hege fund ValueAct calls for Seven & i to spin off 7-Eleven retail store chain
ValueAct said a tax-free spin-off of 7-Eleven could be completed through a listing in Japan.
Investor Ryan Cohen buys Alibaba stake, pushes for more share buybacks
Alibaba in November raised the size of its share repurchase programme to $40b.
Elliott exited Twitter during second quarter amid takeover talks
It owned 10m shares at the end of the first quarter