Bill Ackman’s Pershing Square SPARC files for New York listing

Nov 26 (Reuters) – Pershing Square SPARC Holdings Ltd, the special-purpose acquisition company of billionaire investor Bill Ackman, applied Friday for a public offering of its warrants in the United States. The SPARC structure has been devised by Ackman and has never been tested on Wall Street before. The move comes months after the prolific … Read more

Evergrande founder sells 9% of shares for $ 344 million amid debt crisis

HONG KONG, NOVEMBER 26 (Reuters) – The chairman of China Evergrande Group (3333.HK) Hui Ka Yan sold 1.2 billion shares in the company on Thursday at an average price of HKD 2.23 every Thursday, the Hong Kong Stock Exchange shows. The share sale, worth a total of HK $ 2.68 billion ($ 344 million), lowers … Read more

China asks Didi to delist from US due to security fears – Bloomberg News

SHANGHAI, Nov. 26 (Reuters) – Chinese regulators have asked top executives of ride-highiling giant Didi Global Inc (DIDI.N) to devise a plan to delist from US stock markets for fear of data security, Bloomberg News reported. China’s tech watchdog wants management to remove the company from the New York Stock Exchange due to concerns about … Read more

China’s regulator seeks to avoid US delistings of Chinese companies

A Chinese national flag waves outside the China Securities Regulatory Commission (CSRC) building on Financial Street in Beijing, China on July 9, 2021. REUTERS / Tingshu Wang Sign up now for FREE unlimited access to Sign up HONG KONG, NOVEMBER 25 (Reuters) – Chinese authorities are working with US counterparts to prevent Chinese companies … Read more

H&F, Bain Capital exploits health technology boom with Athenahealth agreement of 17 billion. USD

Bain Capital’s logo appears on screen during a press conference in Tokyo, Japan on October 5, 2017. REUTERS / Kim Kyung-Hoon Sign up now for FREE unlimited access to Sign up Nov 22 (Reuters) – Private equity firms Hellman & Friedman LLC and Bain Capital on Monday agreed to buy $ 17 billion in … Read more

Austria locks, Merkel says new steps are needed as Europe faces COVID freezing

Austria wants to make COVID-19 vaccinations compulsory Financial markets are on guard against further shutdowns Violent protests erupt in the French region of Guadeloupe VIENNA / BERLIN, November 22 (Reuters) – Austria on Monday became the first country in Western Europe to reintroduce lockdown since vaccines were rolled out, closing unnecessary shops, bars and cafés … Read more

Democracy is slipping away at record speed, warns intergovernmental body

BRUSSELS, November 22 (Reuters) – A large number of countries are slipping in the direction of authoritarianism, while the number of established democracies threatened has never been so high, the International Institute for Democracy and Electoral Assistance (IDEA) said on Monday. Populist policies, the use of COVID-19 pandemic restrictions to silence critics, countries’ tendency to … Read more

Teslas Musk exercises several options, selling $ 973 million for tax

Nov 16 (Reuters) – Tesla CEO Elon Musk sold a further $ 973 million in shares to pay taxes after exercising options on Tuesday, applications showed after the electric carmaker’s shares rose again during regular trading. Musk bought $ 2.1 billion worth of $ 2.2 billion at Tuesday’s closing price and sold $ 934,091 for … Read more

Shell rejects the Dutch, moves to London in stock structure review

The Royal Dutch Shells logo is depicted during a launch event for a hydrogen electrolysis plant at the Shells Rhineland refinery in Wesseling near Cologne, Germany, on July 2, 2021. REUTERS / Thilo Schmuelgen Shell says new structure to speed up payouts The Dutch court ordered Shell to speed up the energy shift ‘Royal Dutch’ … Read more

Tesla shares fall after a heavy week of losses

The carmaker’s Tesla logo is seen at a dealership in London, UK, on ​​14 May 2021. REUTERS / Matthew Childs / File Photo November 15 (Reuters) – Tesla Inc’s (TSLA.O) shares fell in pre-market trading on Monday, adding to a heavy week of losses after CEO Elon Musk relieved shares worth a total of $ … Read more