In a statement, Southeast Asian ride-hailing and food delivery giant Grab said, it has raised $2 billion from its first term loan, in what is said to be the biggest institutional debt in Asia’s technology sector. The development comes as… Read More ›
Day: February 1, 2021
Exposure of hedge funds at near record levels: Goldman Sachs
According to an analysis by Goldman Sachs Inc, last week, U.S. hedge funds bought and sold the most stock in more than a decade midst wild swings in GameStop Corp shares that many had bet against; their market exposure continues… Read More ›
Playboy nears deal to acquire sexual wellness chain Lovers
According to sources familiar with the matter at hand, Playboy Enterprises Inc is nearing a deal to acquire the parent company of sexual wellness chain Lovers as it seeks to grow its lifestyle brand following the closure of its eponymous… Read More ›