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Financial Services
KKR to Sell Audiobook Publisher RBmedia
H.I.G. plans to pay more than $1 billion for the company, including debt, according to people familiar with the situation. Source link
Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link
He Went to Prison for Crypto Crime. Now He's an Advocate for Compliance.
Charlie Shrem, a co-founder of the defunct BitInstant, was one of the first bitcoin millionaires and one of the first to do time for crypto
Bankrupt FTX Sues Sam Bankman-Fried, Others to Recoup More Than $1 Billion
The latest lawsuit by new management alleges that transfers of corporate assets were made for the benefit of the co-founder and others. Source link
Ukraine to Seize Bank to Curb Moscow's Influence
Sense Bank, formerly known as Alfa Bank-Ukraine, is regarded as a symbol of Russia’s involvement in Ukraine’s financial and political affairs. Source link
Facing Big Storm Losses, Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.
Investor Group Nears $125 Million Deal for CoinDesk
The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6. Source link
KKR Nears Deal for Specialty-Chemicals Maker Chase
The private-equity firm would pay roughly $1.3 billion in deal that could be reached Friday. Source link
600 Kindergartners Were Given Bank Accounts. Here’s What They Learned.
What to Read Next Source link
Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.