Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • ‘Quad’ security group plans system to track illegal fishing by China
    • London Lawfare: how lawyers helped Russia’s super-rich
    • German finance minister urges EU to rein in public spending
    • Saudi Arabia signals support for Russia’s role in Opec+ as sanctions pressure mounts
    • Australia’s Labor faces ‘ugly news’ on economy after sweeping election win
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • ‘Quad’ security group plans system to track illegal fishing by China
    • Is the global economy heading for recession?
    • Pennsylvania Senate race gets messy for Republicans after photo finish
    • Why on earth did Warren Buffett swap Wells Fargo for Citigroup?
    • JPMorgan chief Jamie Dimon tries to rekindle Wall St glow at investor day
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • HSBC suspends banker over climate change comments
    • Business leaders warn that three-decade era of globalisation is ending
    • Lukoil’s ex-chief warns against EU ban on ‘irreplaceable’ Russian oil
    • Why on earth did Warren Buffett swap Wells Fargo for Citigroup?
    • JPMorgan chief Jamie Dimon tries to rekindle Wall St glow at investor day
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
    Most Read
    • The eternal dream of automatic money
    • Wall Street stocks flirt with bear market as growth concerns mount
    • Investors spooked as gloom grips markets
    • The recession session II
    • What are investors supposed to trust in now?
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • The cold call is back and worse than ever
    • The men who stick to a strict style diet
    • Why on earth did Warren Buffett swap Wells Fargo for Citigroup?
    • Pessimism engulfs the Chinese economy as foreign investment fades
    • Davos and the new era of deglobalisation
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • The cold call is back and worse than ever
    • As a longtime trailing spouse, how do I get back into full-time work?
    • Are universities suffering from management bloat?
    • “Oleg, it’s obviously great news that you have not been sanctioned”
    • How one professor moved his research to a new country — and took his laboratory, too
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Short cuts: the little island becoming Europe’s aviation hotspot
    • The men who stick to a strict style diet
    • The HTSI summer 2022 travel special
    • Bridging loans surge as UK buyers scramble for property
    • Smart, co-operative, emotional: what cutting-edge science tells us about pigs
  • How to Spend It
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • How to Spend It
Financial Times
SubscribeSign In

Your guide to a disrupted world

Start a 4-week trial

Ortenca Aliaj

M&A correspondent
Email Ortenca Aliaj @OrtencaAl  on Twitter (link opens in a new browser window)
Email Ortenca Aliaj @OrtencaAl  on Twitter (link opens in a new browser window)

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Wednesday, 18 May, 2022
    Melvin Capital
    Plotkin’s Melvin Capital to wind down funds

    Hedge fund founder acknowledges need to ‘step away from managing external capital’ after rocky stretch

  • Tuesday, 17 May, 2022
    Berkshire Hathaway Inc
    Buffett buys $3bn Citi stake in value-hunting stock splurge

    Berkshire Hathaway exits Wells Fargo and buys up oil companies, quarterly disclosure shows

  • Monday, 16 May, 2022
    Tiger Global Management LLC
    Tiger Global slashes bets on tech groups after stock market sell-off

    Value of hedge fund’s public shareholdings fell by almost $20bn during first quarter

  • Monday, 16 May, 2022
    Social Media
    Trump media venture warns of bankruptcy risk tied to ex-president

    Vehicle behind Truth Social platform says there are ‘no assurances’ company will stay solvent

  • Sunday, 15 May, 2022
    Hedge funds
    Hedge funds scale back bets on US stocks as losses surge

    Managers step away from risk-taking as Wall Street equities endure longest selling streak since 2011

  • Friday, 13 May, 2022
    Twitter Inc
    Elon Musk puts $44bn Twitter deal ‘on hold’

    Tesla chief questions fake accounts on social media site, leading to share price drop and new doubts over takeover

  • Monday, 9 May, 2022
    Special purpose acquisition companies
    Gay dating app Grindr to go public in Spac deal

    Transaction with Tiga Acquisition Corp values company at $2.1bn

  • Monday, 9 May, 2022
    Special purpose acquisition companies
    Goldman pauses work on new Spacs after SEC takes tougher stance

    Wall Street bank last year ranked as second-biggest underwriter for blank-cheque companies

  • Thursday, 5 May, 2022
    Archegos Capital Management
    Archegos considered becoming Deutsche Bank’s biggest shareholder via HNA stake

    Family office, which has since collapsed, believed information was shared on behalf of German lender’s chair

  • Tuesday, 22 March, 2022
    News in-depthArchegos Capital Management
    Archegos quietly built stake in Deutsche Bank

    Germany’s biggest bank was also among the lenders to the family office whose collapse left rivals with $10bn in losses

  • Sunday, 21 November, 2021
    The Big Read
    The Spac machine sputters back to life

    The market for blank-cheque companies is showing new signs of life but critics say insiders are still the big winners

  • Monday, 15 November, 2021
    NSO Group Technologies
    Lenders brace for more problems at NSO after US blacklisting

    Israeli spyware firm faces restrictions on its business after being placed on ‘entities list’

  • Tuesday, 9 November, 2021
    General Electric Co
    GE to split into healthcare, energy and aviation companies

    Move marks final step in unwinding of sprawling conglomerate created by Jack Welch

  • Saturday, 6 November, 2021
    Berkshire Hathaway Inc
    Berkshire Hathaway net earnings down by two-thirds

    Sprawling conglomerate’s cash pile hits record $149bn even as Warren Buffett increases share buybacks

  • Thursday, 4 November, 2021
    Nikola Corp
    Nikola expects to pay $125m in SEC settlement

    Electric truck start-up says it will seek repayment from its founder with who it is in dispute with over legal fees

  • Tuesday, 2 November, 2021
    Avis Budget Group Inc
    New York hedge fund stands to make over $5bn on Avis Budget share surge

    SRS Investment Management holds 27.7 per cent stake in car rental company

  • Wednesday, 27 October, 2021
    Shell plc
    Activist fund Third Point calls for break-up of Shell

    Group led by Daniel Loeb accuses oil supermajor of ‘incoherent’ strategies

  • Tuesday, 26 October, 2021
    Entain PLC
    DraftKings walks away from £18.4bn offer for UK rival Entain

    US betting group decides against formal offer a week after bid deadline was extended

  • Friday, 22 October, 2021
    News in-depthDonald Trump
    The ‘prince’ and the populist: Brazilian monarchist backs Trump media venture

    Brasília parliamentarian and Florida Spac executive are behind deal with ex-president’s Truth start-up

  • Thursday, 21 October, 2021
    WeWork
    WeWork’s Wall Street debut values Neumann’s stake at $1bn

    Listing through Spac deal enriches office provider’s co-founder who quit after failed IPO

  • Thursday, 21 October, 2021
    Donald Trump
    Trump to launch social media platform to compete with Twitter and Facebook

    Former US president to go public with Truth Social via merger with blank-cheque company

  • Wednesday, 20 October, 2021
    WeWork
    Former WeWork chiefs to host party on sidelines as company goes public

    Adam Neumann retains 11% stake in shared office space company two years after his resignation

  • Wednesday, 20 October, 2021
    Ecommerce
    PayPal in talks with Pinterest on takeover worth $45bn

    Approach comes as online payments company uses strong stock price to pursue acquisitions

  • Wednesday, 20 October, 2021
    Special purpose acquisition companies
    Deep sea mining group left in lurch after $200m disappears

    ‘Pipe’ investment that failed to materialise during Spac merger overshadows listing of The Metals Company

  • Tuesday, 19 October, 2021
    Rail
    Canadian National railway chief to step down amid pressure from Hohn’s TCI fund

    Jean-Jacques Ruest announces departure after abandoning pursuit of Kansas City Southern

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

International Edition

Subscribe for full access
  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • How to Spend It
  • Special Reports
  • FT recommends
  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Community
    • FT Live
    • FT Forums
    • Board Director Programme
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In