Hints and tips:
...Qian ran off with money from more than 128,000 investors in China through a wealth management fraud between 2014 and 2017, according to UK prosecutors....
...Prospective investors were also taken to Lantian Gerui’s bitcoin mining site....
...Those funding talks have at times resembled a “bunfight”, one investor said....
...Having converted much of her investors’ cash into bitcoin, Zhang fled with the funds on a Lenovo laptop, one of the items later seized by UK police....
...Industry insiders in South Korea and China tell the FT’s Christian Davies, Song Jung-a and Eleanor Olcott how Choi, who denies wrongdoing, was spurned by Chinese investors, thwarted by US export controls...
...Investors have been concerned that any further consolidation would run into problems with the STB....
...With investors ranging from Bill Gates’s Breakthrough Energy Ventures to trading firm Trafigura, Quidnet just signed a maiden deal to build an underground storage system for Texas utility CPS Energy....
...TCI, which is a large investor in CN as well as CP, criticised CN’s management for pursuing KCS in the first place....
...The activist investor’s move followed a decision by the US Surface Transportation Board to reject CN’s request to create a temporary voting trust, whereby shareholders in KCS would be paid before the transaction...
...The fund, run by billionaire investor Chris Hohn, is the fifth-largest shareholder in CN with a 3 per cent stake and the largest investor in CP with an 8.4 per cent stake....
...(FT) American oligarch A must-read excerpt from a new book about the billionaire technology investor Peter Thiel....
...That paved the way for CP to return and strike a $31bn deal to buy KCS....
...Computershare — which maintains a register of legal ownership of shares and distributes corporate dividends for investors — said a delay until April 2023 was required to address the risks of the project,...
...In recent years, the value of cryptocurrencies has rocketed — Bitcoin soared 300 per cent last year — attracting a flood of retail investors....
...From past experience, DD thinks that the most likely outcome is that CN and KCS will amicably walk away from the deal, allowing the US group to get back with CP....
...SoftBank’s Vision Fund has promoted four investing partners to managing partner, including Lydia Jett, the first woman investor to hold the title....
...The supermarket group plans to use roughly £2.5bn of the proceeds to largely eliminate the deficit on its defined benefit pension scheme and return £5bn to its investors via a special dividend....
...The activist investor behind Pershing Square was hatching a boardroom coup at CP, and he wanted Harrison to be its new chief executive....
...(Interestingly, TCI is also the largest shareholder in CP with a 8.4 per cent stake). And, per usual, he’s got no shortage of strong opinions....
...For example, an investor with 100 existing shares would find themselves owning 78 new ones....
...The move by corporate treasurers to secure other sources of funding was prompted by turmoil in the CP market in March, when some investors refused to lend for maturities longer than five days....
...(WSJ) News round-up Thailand’s competition chief criticises $10.6bn CP-Tesco deal (FT) Investors pour $1bn into buying up small merchants on Amazon (FT) Lululemon plans overseas expansion as yogawear...
...Some investors believe Tesco should defer payment until a less fraught time....
...In October last year, for example, Toyota’s financial arm was able to issue three-year paper with a yield calculated at 0.0000000091 per cent — a level that meant that if an investor bought ¥1bn of its bonds...
...The issue could also prove problematic for money market funds, if they are unable to sell assets and raise cash to pay back investors....
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