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Billionaires Are Buying Up This Millionaire-Maker Stock

The Motley Fool

on March 18, 2020. It expanded its food delivery business by acquiring Postmates in 2020, and it turned profitable in 2023 by exiting its weaker overseas markets and divesting its non-core divisions. In the second quarter of 2024, David Tepper increased his stake in Uber by 10% to 1.5 million today. million shares.

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Billionaire Bill Ackman Has 45% of His Hedge Fund's $13.4 Billion Portfolio Invested in Just 3 Stocks

The Motley Fool

Importantly, it has a history of making moves to help unlock the true value of its shares by making them more investable. In 2020, for example, it created Brookfield Renewable as part of its Brookfield Renewable Partners subsidiary. That's one of its highest valuations outside of the 2020-2021 period when the pandemic skewed results.

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Could Serve Robotics Become the Next Nvidia?

The Motley Fool

A tiny player in a nascent market Serve Robotics was founded in 2017 within Postmates, the food delivery service acquired by Uber Technologies (NYSE: UBER) and integrated into Uber Eats in 2020. Most of that rally occurred this July after Nvidia revealed that it had taken a 10% stake in the company. It generated just $1.6

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AEA and Battery Ventures Sell Sensor Maker to Arcline’s DwyerOmega

Private Equity Professional

In December 2020, AEA Investors acquired a majority stake in PST, while Battery retained a minority interest. Following AEA’s majority investment in 2020, we have strengthened our presence in North America and established PST as a global, scaled market leader that is well positioned for long-term growth,” said Mr. Markin. “We

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Best Stock to Buy Right Now: Fubo vs. Disney

The Motley Fool

Disney's Hulu + Live TV is the country's second-largest player in this niche, but it's the undeniable sports content leader with its majority stake in ESPN. Disney would own a 70% stake in Fubo after the combination, which is expected to close in the first half of next year. Disney's enterprise value is $226 billion.

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Orion sells further minority stake in Sweetwater Royalties at $1.9bn valuation

Private Equity Insights

The transaction implies an approximately $1.9bn enterprise value for 100% of Sweetwater Royalties, with Orion retaining a 67% majority ownership share in the asset, having sold a 25% stake to Ontario Teachers’ Pension Plan in March 2023 for approximately $220m.

Stakes 130
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Billionaire Michael Saylor's Company Just Bought This Popular Cryptocurrency

The Motley Fool

Under Saylor's direction, MicroStrategy bought its first $250 million of Bitcoin in 2020. billion and a market value of $24.5 MicroStrategy's Bitcoin portfolio is equal to about a third of the company's enterprise value of $73.3 10, 2024, its holdings had grown to 279,420 Bitcoins with an overall purchase price of $11.9

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