Sampdoria announced on Saturday that a preliminary agreement had been struck with two companies, one owned by Leeds United owner Andrea Radrizzani, for new investment in the troubled Italian club. Recently relegated Sampdoria said that the early deal had been struck with Gestio Capital and Radrizzani’s Aser Holding, and is widely expected to end with the … [Read more…]
Australia-based healthcare provider is in talks about roughly $200 million in new financing to see it through bankruptcy Updated May 25, 2023 4:00 pm ET | WSJ Pro GenesisCare, a provider of cancer-care services backed by KKR, is preparing to file for bankruptcy within days, according to people familiar with the matter. The Australia-based company, … [Read more…]
Crypto lender has reached a deal to be managed by a group of investors led by TechCrunch founder Michael Arrington May 25, 2023 8:03 am ET | WSJ Pro Celsius Network, the bankrupt cryptocurrency lender, has reached an agreement to be managed by Fahrenheit LLC, a group of investors led by TechCrunch founder Michael Arrington. … [Read more…]
Published: May 22, 2023 at 3:52 a.m. ET By Anthony O. Goriainoff Oncimmune Holdings said Monday that it has sold subsidiaries Oncimmune Ltd. and Oncimmune Europe GmbH for 13 million pounds ($16.2 million) in cash to Freenome Holdings, and that this alongside debt repayment has removed the material uncertainty regarding it remaining a going concern. … [Read more…]
Published: May 19, 2023 at 2:46 a.m. ET By Anthony O. Goriainoff Unbound Group said Friday that the board continued to seek additional funding to complete the company’s restructuring, and that it was mulling a full sale of the company, among other options. The parent company of a group selling brands for the over-55 age … [Read more…]
Published: May 17, 2023 at 4:33 a.m. ET By Joe Hoppe Shares in Purplebricks fell Wednesday after the company said it has conditionally agreed to sell substantially all of its business and assets to Strike for a nominal consideration of one pound ($1.25) and the assumption of its liabilities. Shares at 0830 GMT were down … [Read more…]
Taiwanese jewelry artist Cindy Chao made history in 2021 when she became the first founder of a jewelry brand to be appointed the Chevalier dans l’Ordre des Arts et Lettres from the French Ministry of Culture. Last October, Chao opened the mini-museum Cindy Chao The Art Jewel Gallery in the Regent Taipei hotel. Chao, who … [Read more…]
For investors torn between buying stocks and waiting for a pullback, we offer you healthcare stocks. Neither purely defensive nor purely growth, they offer among the best of both—and perhaps a way out of the conundrum. The defensiveness was on full display during 2022, when the Health Care Select Sector SPDR exchange-traded fund (ticker: XLV) … [Read more…]
The 1992 Summer Olympics “Dream Team” Reebok jacket worn by Michael Jordan to accept the gold medal in Barcelona hits the auction block Thursday at Sotheby’s, where it’s expected to fetch as much as US$3 million. The uniform, consigned by former longtime NBA media relations chief Brian McIntyre, has never been up for auction before, … [Read more…]