Hot Off The Wires - 11th November 2020
Companies badly affected by the fallout from the coronavirus pandemic are looking to raise billions of dollars to take advantage of market optimism that an effective vaccine is close.
Wall Street investment firm Apollo Global Management is backing Czech billionaire Karel Komárek’s bid to seize the National Lottery from current operator Camelot.
Simon Property Group, America’s biggest mall owner, and Brookfield Asset Management have been given the green light to buy US department store chain JCPenney out of bankruptcy for $1.75bn.
Unibail-Rodamco-Westfield, the owner of the Westfield shopping centres, has failed to win shareholder approval for a €3.5bn capital-raising to reduce its debt after an intervention from activist investors.
Spotify has agreed to buy podcasting company Megaphone for about $235m.
What was the loudest sound ever recorded on Earth?