Companies & CEOs
Blackstone close to acquiring power grid solutions provider MacLean - 11/28/2025
US investment firm Blackstone is nearing the acquisition of MacLean Power Systems, a provider of power grid components, from Centerbridge Partners, according to Bloomberg, which references sources. Sources indicate that the agreement might be revealed as soon as next week, with a valuation that could surpass $4 billion. According to some sources, Blackstone surpassed other bidders for MacLean,...
Japan's Asahi Group reports possible data breach of 1.9 million people - 11/28/2025
Japanese food and drink producer Asahi Group announced a potential data breach affecting 1.9 million individuals due to a cyberattack in September. The breach might have impacted employees and their relatives, along with individuals who reached out to customer service centers. The company reported that credit card information was secure; however, names, addresses, email addresses, and phone...
Venture Global accuses Shell of a "three-year campaign" against its LNG business - 11/27/2025
Venture Global has accused the British-Dutch oil and gas company Shell of attempting to harm its business in the liquefied natural gas (LNG) sector, according to a report by the Financial Times. The newspaper cited an email sent by Michael Seibel and Robert Pender, the co-founders of Venture Global, to their employees ahead of Thanksgiving. In the email, Seibel and Pender criticized Shell's...
Saudi Aramco is exploring sale of assets worth billions of dollars - 11/25/2025
Saudi Aramco, the state-run oil firm of Saudi Arabia, is contemplating the sale of assets valued in the billions, according to Bloomberg, which cites sources. Specifically, these sources indicate that the company could divest its interest in an oil export terminal and an oil storage facility. Sources indicate that investment banks have been asked to join a bid to carry out an extensive evaluation...
Revolut completes secondary share offering, values the company at $75 billion - 11/25/2025
British fintech company Revolut has finished a secondary share offering, setting its valuation at $75 billion. According to the company's announcement, investment firms Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, along with Andreessen Horowitz, Franklin Templeton, and NVentures, the venture capital division of chipmaker Nvidia Corp., took part in the offering....
Forbes reports Trump's net worth declined by $1.1 billion - 11/24/2025
According to Forbes magazine, the net worth of US President Donald Trump has decreased by $1.1 billion since September, bringing his total wealth to $6.2 billion. This decrease is primarily attributed to a significant drop in the stock price of Trump Media & Technology Group (TMTG). On November 21, the share price of TMTG reached $10.18, which is close to its lowest level ever, as noted by...
BHP abandons bid for Anglo American - 11/24/2025
Australian mining company BHP Group has decided to stop its attempt to acquire British mining company Anglo American. BHP has continued to engage in discussions with Anglo's board of directors, but it is no longer looking at combining the two companies, as stated by the Australian company. The statement reads, "BHP still believes that merging with Anglo American would bring strong strategic...
ByteDance's valuation rises to $480 billion - 11/21/2025
Venture capital firm Capital Today has acquired a share in ByteDance, the parent company of TikTok, at a valuation of $480 billion, according to Bloomberg, which is quoting sources. The seller in this transaction was Bank of China Group Investment, one of ByteDance's early institutional investors. The initial sale of ByteDance's stake was valued at $200 million, based on a company valuation of...
Elon Musk donates $474 million to charity in 2024 - 11/20/2025
American billionaire and Tesla founder Elon Musk contributed $474 million to charitable causes in 2024, according to Bloomberg, which referenced tax records. A large part of this donation was directed to nonprofit organizations that Musk established himself. About $370 million was given to the Foundation, which aims to create a school emphasizing science, technology, engineering, and mathematics...
Air France-KLM submits bid for stake in TAP - 11/20/2025
Air France-KLM has shown interest in buying a share in Portuguese airline TAP SA, according to CEO Ben Smith, who shared this during an interview with Bloomberg. This makes Air France-KLM the first company to officially declare its interest in acquiring a stake in TAP. The Portuguese government plans to sell up to 44.9% of TAP's shares, while the remaining 5% will be given to the airline's...




