Browsing: stake

Last week, Harvard University disclosed a $2.2 billion stake in SpaceX held by Harvard Management Company, which manages the university’s massive endowment. Harvard also disclosed a roughly $350 million stake in Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker. University endowments,traditionally investing in diverse, low-risk assets, are moving closer to Silicon Valley by making…

PCM Encore LLC acquired a new position in shares of Salesforce Inc. (NYSE:CRM – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,964 shares of the CRM provider’s stock, valued at approximately $934,000.

Standard Bank Group, Africa’s biggest lender by assets, is considering acquiring a stake in Nigerian payments company OPay as the fintech prepares for a potential listing in the United States.

Maridea Wealth Management LLC bought a new position in shares of Salesforce Inc. (NYSE:CRM – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,911 shares of the CRM provider’s stock, valued at approximately $456,000.

Linkers Industries Limited completed its previously announced acquisition of LPW Electronics Company Limited through its subsidiary Linkers Asia Pacific Limited, increasing its ownership in LPW from 20% to 49%. The deal includes a cash consideration of approximately US$2,350,000 for 29% of LPW’s shares and a novation under which Linkers’ subsidiary assumes LPW’s debt of about…

“India is one of the world’s most important growth markets, and this investment reflects our confidence in its future,” said BofA CEO Brian Moynihan.

Verdane has made a strategic majority investment in Factbird, backing the Danish manufacturing intelligence company as it expands its global footprint and accelerates adoption of its industrial software and IoT platform. Financial terms of the transaction were not disclosed.