Investment Trusts

Tesla, Saudi Arabia in Early Talks for EV Factory

The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk. Source link

1 year ago

Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.

Listen to article(3 minutes)RIYADH, Saudi Arabia—For years, this kingdom’s Islamic clerics waged a war on videogames, banning popular titles such…

1 year ago

A Mall Owner’s About-Face: Bet on America’s High-End Malls

Updated Sept. 12, 2023 12:16 am ETListen to article(2 minutes)The European owner of Westfield malls is pulling back from its…

1 year ago

Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home

After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at…

2 years ago

Paramount to Sell Simon & Schuster to KKR for $1.62 Billion

The sale of the book publisher to the buyout firm comes less than a year after previous deal with Penguin…

2 years ago

Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion

Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin…

2 years ago

Private Equity, Hedge Funds Brace for Coming SEC Overhaul

Regulators could adopt new rules for firms such as Blackstone and Millennium as soon as this month. Source link

2 years ago

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.…

2 years ago

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…

2 years ago

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

2 years ago