The family office linked to Nintendo Co Ltd.’s founder says it has a good chance in its battle for control of a 93-year-old Japanese construction company.
Sika AG dropped the planned sale of assets to Ineos, the chemicals company built by British billionaire Jim Ratcliffe, and switched to buyout firm Cinven after UK regulators signaled antitrust concerns.
Fintech company Kredivo Holdings raised about $270 million in equity financing, defying a market correction that’s made it difficult for many startups to obtain fresh capital.
Treasury Secretary Janet Yellensaid regulators aren’t looking to provide “blanket” deposit insurance to stabilize the US banking system without working with lawmakers, and that the heads of recently failed American lender should be held accountable.
Holders of Puerto Rico Electric Power Authority bonds only have a secured claim to money the bankrupt utility has already deposited in a reserve fund, US District Court Judge Laura Taylor Swain said in a ruling released Wednesday.
Venture capitalists have largely kept the promise they made the day after Silicon Valley Bank dramatically collapsed: They would continue doing business with the bank if it was able to continue operating.