Buyout titan Robert Smith’s Vista Equity Partners more than doubled its initial investment in Apptio Inc. after International Business Machines Corp. agreed to acquire the software maker for $4.6 billion.
Russian oil giant Rosneft PJSC handed a certificate representing a 49.9% stake in Citgo Holding Inc. to Venezuela’s opposition-controlled Petroleos de Venezuela SA, according to a company statement.
Mozambique’s former Finance Minister, Manuel Chang, is expected to be extradited to New York in July to face US charges over his role in a $2 billion bond fraud scandal that embroiled Credit Suisse Group AG, a US prosecutor said Monday.
As Vladimir Putin’s former caterer marched on Moscow Saturday, his declared goal was the resignation of the men in charge of Russia’s disastrous war in Ukraine — Defense Minister Sergei Shoigu and armed forces chief Valery Gerasimov.
Blackstone Inc. struck a deal to sell warehouses and industrial properties to Prologis Inc. for $3.1 billion.
Pfizer Inc. shares fell after it halted early development of an oral drug for weight loss on safety concerns, raising investor anxiety about an alternative therapy the company is still developing.
A Florida state agency is selling municipal bonds to backstop the state’s homeowner’s insurance industry after a surge of claims and litigation drove some insurers to shutter.
Cathie Wood’s ARK Investment Management says it’s first in line to get potential approval for a spot-Bitcoin ETF, despite industry reasoning positing that BlackRock Inc. might be ahead in the race should any product receive regulatory assent.
Meta Platforms Inc. is launching a new subscription service for its virtual reality headsets.
A Florida man who referred to himself as the “Wolf of Airbnb” admitted to defrauding landlords by listing apartments illegally and taking advantage of a pandemic relief program.
