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Tata Capital to Acquire Stake in Premium Fashion Brand Rare Rabbit, Valued at $300m

Private Equity Insights

India’s Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300m, as it seeks to bet on the country’s affluent shoppers, three sources familiar with the matter said. Rare Rabbit founder Manish Poddar and Tata Capital declined to comment.

Stakes 244
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Warren Buffett Just Cut Half of Berkshire Hathaway's Stake in Apple. Why?

The Motley Fool

The Buffett-led conglomerate unwound a large chunk of its stake in the iPhone maker in the second quarter, the company revealed in its recent earnings report. Berkshire had begun selling Apple in the first quarter, and the value of its stake in the tech giant is down 56% from the end of 2023, when it was worth $174.3

Stakes 246
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OpenAI CEO Sam Altman Has a Major Stake in This Hot IPO Stock. Should You Follow His Lead?

The Motley Fool

Alternatively, TikTok, which is owned by a Chinese tech conglomerate called ByteDance, is experiencing unprecedented growth overseas -- the platform reportedly has 150 million users just in the U.S. According to Reddit's IPO filing, Altman has invested nearly $60 million into Reddit, giving him a more than 9% equity stake in the business.

Stakes 245
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Warren Buffett Just Bought Another $345 Million Worth of His Favorite Stock

The Motley Fool

According to Berkshire's 13-F filing for the second quarter of 2024 (ended June 30), the conglomerate just sold a substantial amount of stock, which implies Buffett might be feeling cautious about the broader market. It's the most money the conglomerate has invested in any company since Buffett took the helm in 1965.

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Meet America's Newest $1 Trillion Company. Warren Buffett Has Spent $77.8 Billion Buying Its Stock Since 2018

The Motley Fool

That's twice as much as the conglomerate has invested in any single company in its entire history. Plus, Berkshire is on track to earn $776 million in dividends from its Coca-Cola stake in 2024 alone. The conglomerate generated $49 million in revenue during 1965, and that number is on track to come in at $368 billion in 2024.

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Warren Buffett Invested $6 Billion In These Stocks in 2020. Now, They're Worth Over $17 Billion

The Motley Fool

While Buffett still runs Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , the firm that he took over in 1965 and built into one of the largest conglomerates in the world, he now has many other investors that work with him at Berkshire and have their own autonomy including Todd Combs and Ted Weschler. if Berkshire wanted to.

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After Skyrocketing 615%, Why Does Warren Buffett Still Own Apple Stock?

The Motley Fool

The conglomerate first started buying shares in the iPhone maker during the first quarter of 2016. Beneficial capital allocation Berkshire owns a 5.9% stake in Apple thanks to its holding of nearly 916 million shares. This sizable cash infusion would only exacerbate the conglomerate's problem. A whopping 45.7%