Search results for private equity
Finance
Retail investor fund backing advanced industries to launch in May, drawing mixed hopes and worries
Market expectations and concerns are colliding over a retail investor version of South Korea\'s National Growth Fund set to launch in May. The product will raise money from the public to invest in 12 strategic advanced industries and offers income deductions and preferential tax treatment on dividend income. Critics point to a five-year lock-up, liquidity burdens and questions over whether benefits will skew to wealthy investors. Concerns also include potential mis-selling and uncertain returns and dividend rules.
AI & Enterprise
Data centre cooling industry shake-up gains pace as Phononic pursues sale
AI data centre cooling technology company Phononic is in sale talks, The Information reported on April 20, citing sources familiar with the matter. The deal is being discussed at a value of at least $1.5 billion, and some potential buyers have offered more than $2 billion, the report said. Phononic could also opt to raise additional funding instead of a sale.
Industry
China LED chip maker Sanan Optoelectronics drops bid for Dutch firm after U.S. security review
Chinese LED chip maker Sanan Optoelectronics has abandoned its planned acquisition of Dutch technology company Lumileds Holding after opposition from U.S. authorities. Its Malaysian partner, Inari Amertron Berhad, withdrew a $239 million cash offer after the Committee on Foreign Investment in the United States cited “unresolvable” national security risks. Sanan said CFIUS asked for the filing to be withdrawn and the deal to be abandoned, and both sides halted the process.
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AI & Enterprise
Commvault reviews sale options after receiving bids
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Crypto
Fed chair nominee Wash discloses over $100 million in assets, including crypto and AI investments
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Finance
JPMorgan CEO warns of \'hidden risks\' to global economy
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AI & Enterprise
AI data center insurance demand surges as GPU-backed lending spreads
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Crypto
Digital asset framework law stalls as U.S. Clarity Act wavers
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Crypto
U.S. Labor Department unveils proposed rule to allow crypto and private equity in 401(k) plans
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Crypto
U.S. Labor Department mulls 401(k) rule changes as XRP sees surprise net inflows
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Crypto
White House completes review of rule that could open crypto investing in U.S. 401(k) pensions
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Games & Commerce
Kakao Games holds meeting after change in largest shareholder; Han Sang-woo says current setup stays, new titles top priority
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AI & Enterprise
OpenAI\'s 17.5 percent return guarantee fuels debate over sustainability
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Games & Commerce
Kakao Games to come under Line Yahoo\'s umbrella; three parties\' calculations
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Finance
KB Asset Management forms KB National Growth Corporate Support Fund No. 1
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AI & Enterprise
Pay-as-you-go AI gains traction, fueling enterprise AI battle
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AI & Enterprise
OpenAI to nearly double staff this year, steps up push in enterprise market against Anthropic
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AI & Enterprise
Ecolab to acquire AI data centre liquid cooling firm CoolIT for $4.75 billion