You Searched For "equity closure" and got 18 results
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2 mins read
Zypp Electric raises $15 million funding in Series C Round
EV-as-a-service platform Zypp Electric on Monday said it has raised USD 15-million funding from Jap…
PTI
4 mins read
How private equity firms cash in on struggling businesses like Toys R Us and leave retail employees high and dry
Jim Baker of the Stakeholder Project says these firms buy fledgling retailers, default on their loa…
Paul Constant
1 min read
Subway is being sold to a massive private-equity firm, finally moving the sandwich chain away from family ownership after nearly 60 years
Subway said on Thursday that it was being acquired by affiliates of Roark Capital, six months after…
Grace Dean
2 mins read
Russian stocks jump as much as 12% in Moscow after a monthlong trading halt, backed up by $10 billion of government cash
The US slammed the reopening of the Moscow stock exchange as a "charade", with foreign investors ba…
Harry Robertson
2 mins read
One hedge fund that bet against GameStop is closing its doors after taking double-digit percent losses from the meme stock's rally
Its decision to close down is unrelated to the battle between individual investors and hedge funds …
Shalini Nagarajan
3 mins read
Republican Gov. Ron DeSantis wants to let parents sue schools that teach critical race theory
DeSantis later told reporters that he wants the Florida Legislature take action against businesses …
Kimberly Leonard
1 min read
Pizza Express prepares to shutter 67 UK restaurants, cut more than 1,000 jobs, and transfer ownership to its debtholders
Pizza Express' plans to shut restaurants and transfer its majority ownership from Hony Capital woul…
Shalini Nagarajan
1 min read
High-end kitchenware chain Sur La Table files for bankruptcy and closes over 50 stores
"This sale process will result in a revitalized Sur La Table, positioned to thrive in a post COVID-…
Shalini Nagarajan
2 mins read
Billionaire John Paulson, who netted $20 billion from the 2008 'Big Short' crisis, quits the hedge fund world
"With one chapter closing, a new one is beginning ... and I look forward to continuing as an active…
Shalini Nagarajan
1 min read
Bed Bath & Beyond tumbles 15% as store closures weigh on quarterly sales
Bed Bath & Beyond shares were under pressure after the housewares retailer posted a 16% fall in fir…
Carla Mozée
2 mins read
Texas Roadhouse, Olive Garden, and other casual chains benefit from independent restaurant closures of the last year
An analyst says the restaurant closures benefitted large chains by reducing competition for custome…
Mary Meisenzahl
1 min read
Market retreats from record highs: Sensex tanks 580 points, Nifty drops below 12,800
On the other hand, PowerGrid, ITC, NTPC, Tata Steel and Titan were among the gainers. …
PTI
2 mins read
Victoria's Secret Lingerie replaces its CEO after bruising year of store closures and lawsuits
On Wednesday, Victoria's Secret announced a new CEO of the lingerie division without giving a reaso…
Barbara Smith
3 mins read
Comparison between PPF and ELSS, which is better?
Both Public Provident Fund (PPF) and Equity Linked Savings Scheme (ELSS) are saving schemes that a…
9 mins read
Ariana Grande is getting into private equity; Citigroup is considering working with pot companies
"This palette has such an intense highlight I thought it would blind others to my privilege and tox…
Olivia Oran
3 mins read
Days after laying off 20% of its workforce, Brookfield-backed Convene furloughs more than half of remaining employees due to coronavirus closures
"After closing all of our locations, we have had to take the additional measure of saying goodbye t…
Alex Nicoll
6 mins read
Carlyle execs explain how the private-equity giant is using HireVue to help its other portfolio companies with remote campus recruiting
Grocery stores, the company said, are interviewing 15,000 candidates a day, using both live and pre…
Shannen Balogh
2 mins read
These 3 people hold the fate of hundreds of local newspapers in their hands after a private equity and hedge fund feeding frenzy
There don't appear to be many superheroes coming to save the newspaper business, either. While some…