Browsing: exits

Kalshi announces ‘mutual decision’ as Democrats say they plan to investigate Trump family’s investments

Paula Dempsey will leave the apparel retailer next month. The department store, meanwhile, will use some of its new funds for seasonal inventory.

French banking giant exits Ghana as North Africa’s largest banking group takes over in major deal [Photo credit: ABDELHAK SENNA/AFP

Washington, D.C.-based defense startup Covenant just emerged from stealth mode with the grand opening of a missile factory in Grand Prairie and $250 million in venture capital.

Sandhya Devanathan, Meta’s vice president for India and Southeast Asia, is leaving the company after more than a decade, marking the departure of one of the social media giant’s senior regional business leaders.

Bata India is moving a larger share of its marketing budget to digital, putting nearly half its video spends on connected television and using artificial intelligence to produce most of its recent advertising, as the footwear major overhauls its marketing playbook for younger consumers.

Exits MENA has signed an agreement with the existing local management of Avanz Capital Egypt (ACE) to acquire the Egyptian private equity and asset management firm, strengthening its push to build a broader investment platform across Egypt and the Middle East and North Africa.

The Saudi VC firm has partially exited Egyptian logistics startup Bosta, generating a net multiple of nearly 3x on its investment.