The bank didn’t name the client, but its disclosure followed turbulent trading on Wall Street involving forced sales of stockholdings by a large, low-profile U.S. investment firm.
Read More »What Came Before the $10 Billion Bet on Flying Taxis
Silicon Valley wants to shuttle people around in helicopter-like electric vehicles. Will they get off the ground? A look back at the early 1900s offers some clues.
Read More »Auto-Systems Company Holley Going Public in $1.55 Billion SPAC Merger
Holley is merging with a special-purpose acquisition company in a deal that would value the aftermarket-auto-systems seller at about $1.55 billion, the companies said.
Read More »Athene, MassMutual Made Over $3 Billion Takeover Offer to American Equity
A pair of insurance companies made a bid for American Equity Investment Life Holding last month, in a bet that the small Iowa insurer’s retirement-income products will continue to be popular with conservative savers.
Read More »Gilead Nears Deal to Buy Immunomedics for More Than $20 Billion
The biotech drugmaker has a market value of roughly $10 billion, meaning that Gilead would be paying up for the company and its prized breast-cancer drug.
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