equity sale

New York Yank

2026-09-21 03:16:26

New York Yankees set to sell 16% stake to Apollo Global Management

Techub News reported that the New York Yankees are finalizing an agreement with Apollo Global Management under which the investment firm would acquire a 16% stake in the baseball team. Apollo is described in the report as a global alternative asset manager with businesses spanning private equity, credit and other areas. The brief said the deal points to a capital partnership between a traditional sports club and a large investment institution. The update was attributed to @Kalshi.

410

SK Hynix

2026-09-09 10:37:58

SK Hynix says no decision has been made on sale of stake in Chongqing packaging plant

SK Hynix has issued another response to reports that it may sell part of its equity interest in its packaging plant in Chongqing, China, in a deal reportedly valued at about 4 trillion won, or roughly $2.9 billion. The company said it is reviewing several measures to strengthen the competitiveness of its packaging business, but no specific matter has been finalized at this stage. The update marks SK Hynix’s second disclosure on the issue following its first public response on Aug. 10. The company added that it will make a separate announcement if any relevant matter is confirmed. If there is still no concrete progress, it plans to provide another update within three months from the date of this notice, with the next disclosure expected on Dec. 8. The report was cited by Odaily and attributed to Jiemian News.

1020

SK Group

2026-08-27 07:23:53

SK plans to sell 49% stake in Ulsan AI data center, with KKR taking 29%

SK Group plans to sell a 49% stake in its artificial intelligence data center in Ulsan, South Korea, to several private equity investors. SK Telecom and SK Broadband are expected to approve the deal at board meetings scheduled for Aug. 27. Under the proposed transaction, KKR would acquire a 29% stake, while a consortium formed by IMM Investment and Stonebridge Capital would buy the remaining 20%. The deal values the data center at about 3 trillion won and includes roughly 1.2 trillion won in new capital injection. The transaction structure and board timetable were reported in the source brief, which identified the involved buyers and the approximate valuation terms.

1120

Strategy

2026-08-24 12:42:21

Strategy made no Bitcoin trades last week, raised $2.01 billion by selling MSTR shares

Michael Saylor’s Strategy did not buy or sell any Bitcoin last week, according to Techub News. Over the same period, the company sold 18.26 million shares of MSTR and raised $2.01 billion. Of that total, $1.57 billion was allocated to a U.S. dollar cash pool, which may be used for future Bitcoin purchases. The update was attributed to @lookonchain. The figures point to a pause in direct Bitcoin trading activity during the week, while the company continued to build liquidity through equity sales.

1120

SK Hynix

2026-08-09 00:50:18

SK Hynix Weighs Sale of Chongqing Plant Stake at Around $3B

SK Hynix is considering selling equity in its Chongqing, China factory and has begun selecting advisory firms, according to Odaily. The plant's enterprise value is estimated at about $3 billion if a deal is reached, with potential investors including Chinese funds and local enterprises.

1820

Leopold Asche

2026-08-02 06:11:53

Leopold Aschenbrenner briefly agreed to sell about $3.5 billion in Anthropic shares

Leopold Aschenbrenner at one point agreed to sell roughly $3.5 billion worth of Anthropic equity when funding pressure was at its peak, according to ChainCatcher. The buyers were investors led by Greenoaks and Sequoia Capital. The deal was reached late Wednesday night, then pulled back the following morning. After that reversal, the fund moved to sell most of its public stock holdings and used the proceeds to repay borrowings. As a result, Leopold kept his stakes in Anthropic and other private companies. In a letter to investors, he said the fund chose to give up public equity positions in order to remove leverage and preserve its private investments. The report outlines a short-lived transaction that was replaced by a different liquidity plan focused on public-market assets rather than private holdings.

1980

Strategy

2026-07-13 12:02:52

Strategy sold 4.82 million MSTR shares for $466.7 million and bought no bitcoin last week

Strategy did not add to its bitcoin holdings in the week ended July 12, according to an SEC filing cited by BlockBeats. During the same period, the company sold about 4.82 million shares of MSTR through its at-the-market, or ATM, program, generating roughly $466.7 million in net proceeds. The filing said Strategy made no bitcoin purchases during the week, leaving its holdings unchanged at 843,775 BTC. Based on an average purchase price of $75,476 per bitcoin, the company said the aggregate cost basis of those holdings was about $63.69 billion. Strategy also disclosed that it did not repurchase any shares between July 6 and July 12. As of July 12, the company held about $3 billion in cash reserves. The update offers a snapshot of the firm’s capital activity for the week, covering equity issuance, bitcoin accumulation, share repurchases, and cash on hand.

1740

Tether

2026-07-13 09:02:34

Bloomberg: Former Tether CIO Richard Heathcote Seeks to Sell Part of His Equity Stake

Richard Heathcote, Tether Holdings SA’s former chief investment officer, is planning to sell a small portion of his equity stake in the stablecoin issuer, according to a Monday Bloomberg report citing people familiar with the matter. Bloomberg said Heathcote is working with investment bank PJT Partners to market part of his 1.26% holding in Tether, with discussions already underway with potential buyers. No buyer has been identified publicly, and no final price has been disclosed. The planned sale follows an executive transition announced by Tether in March. At that time, the company said Heathcote would step down from the CIO role and move into a non-executive advisory position, while his deputy, Zachary Lyons, would take over. During his tenure, Heathcote oversaw the reserves backing USDT, which remains the largest stablecoin by circulating supply, and led a broad investment push that included stakes in soccer clubs and humanoid robotics ventures. Bloomberg noted that Tether has historically revealed little about its capitalization table or executive ownership. As a result, the sale process could offer one of the clearest public glimpses yet into the company’s ownership structure below the founder level. Tether did not comment in Bloomberg’s report, and Heathcote was not immediately reachable through company channels.

490