Friday, November 24, 2023

Barclays enters self-employed mortgage market

Kensington Mortgages, a specialist broker and lender to the UK's self-employed, has been sold to Barclays Bank UK PLC. The acquisition...

Interiors retailer Pier 1 enters Chapter 11 and searches for buyer

NYSE-listed Pier 1 Imports, the interiors and home accessories retailer that is also home to a collection by American interiors and makeover...

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OpenAI’s fire and rehire of Sam Altman will have implications on AI sector due...

If you hadn't heard, Sam Altman was ousted from OpenAI this month (November 2023) reportedly due to a "breakdown of communications" with...
Melissa & Doug theme set

Toy maker Melissa & Doug bags $950 cash deal

Spin Master Corp. (TSX: TOY), a children's entertainment company, has reached a definitive agreement to acquire US-based Melissa & Doug, a well-recognised...

Private equity pivots in a trying economy

Check out how private equity portfolios faired in the first half of 2023 and what GPs and LPs expect about valuations, deal...
cybersecurity

Report names VC funds whose portfolio companies are at risk for a cyber-attack

In 2023, the global cost of cybercrime is expected to reach $10.5 trillion, and venture capital-backed companies are a prime target. That's...

Hunter Point takes strategic minority stake in secondaries firm Coller Capital

Coller Capital (“Coller”), the UK-based private capital secondaries firm, has announced that Hunter Point Capital (“HPC”) has made a strategic minority investment...