SveaHerbst-Bayliss
Stories by SveaHerbst-Bayliss
Billionaire investor Bill Ackman to wind up SPAC, return $4b to investors
Ackman cited adverse market conditions and competition from traditional IPOs as reasons
Tesla loses $126b in value amid Musk Twitter deal funding concern
To be sure, Tesla's share plunge came against a challenging backdrop for many tech stocks.
Twitter under shareholder pressure to seek deal with Musk
Twitter shares closed at $48.93 on Friday, a significant discount from Musk's offer.
Activist investor Elliott owns “significant” stake in Toshiba as review conducted
Elliott recently increased its holding to just under 5%, making it a top 10 investor.
Investors grappling with China’s regulatory risk as Beijing cracks down on internet sectors
Beijing's moves are unsettling even seasoned investors who are used to navigating corporate China.
Amazon Australia chief to join US videogame maker GameStop as CEO
GameStop said it may sell up to 5 million new shares, which would be worth $1.4 billion.
Blackstone commits $150m in startup capital to Hong Kong-based hedge fund ApaH
Anand Balakrishna Madduri is launching ApaH Capital with roughly $200m in assets.
Hedge fund Elliott Management to shutter Hong Kong office
The firm has made a number of investments in Asia including in SoftBank, Bank of East Asia and Hyundai.
Home rental firm Airbnb spurns approach from Ackman’s blank-check firm
Airbnb said last month it had filed confidentially for an IPO with US regulators.
Activist investor ValueAct builds over $1.1b stake in Nintendo
ValueAct, which first began buying the stock in April 2019, grew the position in Nintendo during the stock market sell-off in February and March.
