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Blackstone Private Debt Fund Marks Down Largest Holding Medallia
Blackstone Private Debt Fund Marks Down Largest Holding Medallia

Bloomberg

time3 days ago

  • Business
  • Bloomberg

Blackstone Private Debt Fund Marks Down Largest Holding Medallia

A Blackstone Inc. fund further cut the value of a private credit loan for Thoma Bravo -backed software company Medallia Inc., the vehicle's largest holding. Blackstone's publicly traded business development company, Blackstone Secured Lending Fund, marked the loan at around 87 cents on the dollar as of June 30, according to a regulatory filing. The loan was marked at around 89 cents at the end of the first quarter, and around 94 cents the quarter before that.

Tesla awards CEO Musk millions in shares valued at about $29 billion
Tesla awards CEO Musk millions in shares valued at about $29 billion

Washington Post

time6 days ago

  • Business
  • Washington Post

Tesla awards CEO Musk millions in shares valued at about $29 billion

Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package. The electric vehicle maker said in a regulatory filing on Monday that Musk must first pay Tesla $23.34 per share of restricted stock that vests, which is equal to the exercise price per share of the 2018 pay package that was awarded to the company's CEO.

Siemens reduces stake in Siemens Healthineers to 71.12%
Siemens reduces stake in Siemens Healthineers to 71.12%

Reuters

time31-07-2025

  • Business
  • Reuters

Siemens reduces stake in Siemens Healthineers to 71.12%

MUNICH, July 31 (Reuters) - Siemens AG ( opens new tab reduced its stake in medical technology company Siemens Healthineers ( opens new tab by nearly 2 percentage points to 71.12%, according to a regulatory filing. Healthineers' CEO Bernd Montag said earlier this year that the company would welcome a stake reduction by its parent company, calling it "very good" for the long term. "We have repeatedly and clearly stated that we will reduce our stake in Siemens Healthineers as part of the acquisitions of Altair and Dotmatics, without prejudice to any strategic decisions," a Siemens spokesperson told Reuters on Thursday.

Samsung Elec signs $16.5 billion contract to supply semiconductors
Samsung Elec signs $16.5 billion contract to supply semiconductors

Yahoo

time28-07-2025

  • Business
  • Yahoo

Samsung Elec signs $16.5 billion contract to supply semiconductors

SEOUL (Reuters) -Samsung Electronics said on Monday it has signed a contract valued at $16.5 billion to supply semiconductors to a major global corporation, in a regulatory filing. It did not name the counterpart. Samsung Electronics declined to comment on the contract. ($1 = 1,383.6800 won) ($1 = 1,383.6800 won) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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