article thumbnail

Blackstone-backed Prima seeks bids for minority stake in $1.1bn deal

Private Equity Insights

Founded in 2015, Prima Assicurazioni offers online insurance products to consumers in partnership with Munich Re and Swiss Re. read more Blackstone-backed Prima seeks bids for minority stake in $1.1bn deal Prima Assicurazioni, an insurance start-up backed by some of the world's largest private equity.

Bidding 130
article thumbnail

Will Blue Origin Buy Boeing and Lockheed's Space Venture?

The Motley Fool

in 2015 (the first year SpaceX received U.S. operating profit margin in 2015, but suffered a $3.5 The fact that Blue Origin and United Launch Alliance are rivals currently, and thus bid against each other for launch work, means that combining the two companies would necessarily reduce competition in the space sector.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Toshiba says $13.5bn takeover bid by JIP succeeds, set to go private

Private Equity Insights

Once celebrated for its technology breakthroughs, Toshiba paid what was Japan’s largest-ever penalty for falsifying financial statements in 2015. The chief executive at the time resigned to take responsibility for the chaos, after which the board began soliciting bids to take the company private.

Bidding 130
article thumbnail

Seth Klarman Goes Bargain Hunting: 2 Stocks He Just Bought

The Motley Fool

Its lack of profitability hasn't kept investors bidding up the stock to a high valuation of 25 times trailing revenue. Google has been investing heavily in AI since at least 2015, when it launched TensorFlow, an open-source machine learning platform. million of revenue.

Bidding 246
article thumbnail

1 Excellent Stock-Split Stock to Buy Hand Over Fist

The Motley Fool

The company's efforts to boost profitability have been well received by investors, who have rewarded it by bidding up its shares. Shopify performed extremely well following its 2015 IPO, but that was a period of historically low interest rates. Shopify also resorted to cutting jobs to decrease expenses. Here are two reasons why.

Bidding 245
article thumbnail

3 Top Stocks That Just Went on Sale

The Motley Fool

Usually investors cheer when a bid is successful, but a couple of analysts noted that the amount of the deal they expected Palantir to win was less than what they were projecting. Back out the Pandora acquisition in 2019, and organic revenue gains have been in the single digits since 2015. The hesitant analyst news didn't end there.

Bidding 243
article thumbnail

Is This Small Chip Stock Better Than AMD and Intel?

The Motley Fool

Over the last decade, various players in the semiconductor industry have been getting acquired in bids to consolidate the market. In 2015, Intel (NASDAQ: INTC) acquired Altera, a major FPGA player, for nearly $17 billion.

Bidding 242