Europe’s first metaverse ETF set to list in London March 10, 2022 Europe’s first metaverse exchange traded fund (ETF) is set to launch on the London Stock Exchange this month as investors scramble to pump cash into the burgeoning sector.
Clipper confirms £947m takeover offer by GXO logistics February 20, 2022 Clipper Logistics has confirmed it is being courted with a £947m takeover offer by suitor GXO, a US logistics giant.
Crypto company Circle doubles valuation to $9bn as it eyes SPAC deal February 18, 2022 Crypto company Circle has doubled its valuation to $9bn after inking a new deal with Concord Acquisition Corp.
Allianz sets aside €3.7bn to pay for collapsed fund lawsuits, following talks with US authorities February 17, 2022 German insurer and asset manager Allianz has set aside €3.7bn (£3.1bn) to settle lawsuits arising from the collapse of its Structured Alpha funds, following talks with US authorities. Allianz, the world’s largest insurance company, said it had set aside €3.7bn in “anticipation of settlements with major investors.” The comments come after the US Department of [...]
Barrick Gold unveils $1bn share buyback scheme amid rising copper production February 16, 2022 Barrick Gold has announced a $1bn share repurchase scheme, alongside a six per cent rise in its fourth quarter profits.
Arm-owner calls on banks to underwrite $8bn loan ahead of listing February 16, 2022 The owner of British chipmaker Arm is asking banks vying to be part of the firm’s flotation to underwrite a loan of about $8bn, according to Bloomberg reports.
Russia to embrace crypto as Fitch downgrades El Salvador, KPMG Canada bets on BTC and ETH February 15, 2022 Data from CryptoCompare shows that the price of Bitcoin started the week at around $42,500 and moved up steadily to the $45,000 mark.
Burger King UK’s owners court investors ahead of £600m float February 14, 2022 Burger King UK’s private equity owners have begun a charm offensive with investors as they look to build support to float the firm’s UK division in the first half of this year.
Binance set to plough $200m into Forbes February 10, 2022 The world's largest cryptocurrency exchange - Binance - is understood to have agreed a $200 million strategic investment in the Forbes publishing house.
Crypto M&A value soared 5000 per cent in 2021, says PwC report February 10, 2022 The value of merger and acquisitions in the crypto industry skyrocketed by 4,846 per cent in 2021 according to PwC.