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Hong Kong Firm’s $9 Billion Bid For Majority Stake In UK Water Supplier

London: The Hong Kong company has filed its first £7 billion ($8.8 billion) bid for a majority stake in UK water supplier Thames Water, the Financial Times said Friday. CK Infrastructure, part of the CK Hutchison Group, proposed a non-binding offer earlier this month, but two people close to the issue found that utility bondholders […]

Billionaire GameStop CEO Ryan Cohen boosts stake in Alibaba to $1B: report

Billionaire investor Ryan Cohen has increased his personal interests with Chinese e-commerce giant Alibaba Group to about $1 billion in recent months. Reported by the Wall Street Journal On Thursday, I quote people who are familiar with the issue. Cohen's position represents approximately 7 million shares, the report said. GameStop CEOs Alibaba and Cohen did […]

Floyd Mayweather emerges as potential buyer for stake in Giants

Legendary Giants quarterback Eli Manning is not the only famous name interested in buying minority stakes in the renowned franchise. Boxer Floyd Mayweather Jr. has emerged as a potential buyer seeking to secure a 10% stake in the Giants, TMZ sports report included He and his business partner Meyer Orbach are said to be at […]

Giants looking to sell minority stake in team: report

According to the Sports Business Journal, the New York Giants are about to sell 10% of their team's stake. The Giants issued a statement on Thursday regarding the report. “Mara and Tish's family hold Maurice & Company to explore the potential sales of uncontrolled stocks of the New York giant's minority. There is no further […]

Bill Ackman’s Pershing Square slashes stake in Chipotle, continues to bet on Nike

Billionaire investor Bill Ackman increased its sportswear company Nike by 15%, investing in fast casual food chain Chipotle Mexican Grill in the fourth quarter, according to regulatory filings on Friday. Reduced by %. Ackman's company Pershing Square Capital Management owns 18.8 million shares on Nike and 24.7 million shares on Chipotle, a name that his […]

Warren Buffett’s Berkshire reveals stake in Constellation Brands, cuts stakes Citi, BofA

Warren Buffett's Berkshire Hathaway said on Friday it revealed new investments in the constellation brand of alcoholic beverage producers, reducing Citigroup and Bank of America's holdings. In a regulatory filing, Berkshire said it ended 2024 with 5.62 million shares worth $1.24 billion. Citigroup's shares fell 74% to 14.6 million shares, cutting its second-largest common stock […]

Hampshire owners snap up Southern Brave stake as Hundred sale hits £1bn | The Hundred

British cricket completed its biggest change in living memory on Wednesday after Southern Brave became the eighth final franchise to be purchased on the Landmark Hand Hand Sale. As expected, Hampshire Owner GMR Group, co-owner of the Indian Premier League Delhi Capitals, has secured a 49% stake offered by the Cricket Committees in England and […]

Uber surges after Bill Ackman reveals $2B stake in app

Billionaire hedge fund manager Bill Ackman revealed Friday that his activist investment company had purchased approximately $2 billion worth of shares in Uber. Uber's shares are about 1pm east time on Friday after Ackman wrote X's stock on his company Pershing Square Capital Management to reach around 1% of its $16.113 billion market capitalization. They […]

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