Latest news with #shareSales
Bloomberg
20-05-2025
- Business
- Bloomberg
Take-Two, QXO Launch $2 Billion Wave of Share Sales After Hours
A trio of companies kicked off a surge of large share sales after the close of US trading on Tuesday, in deals that could raise at least $2 billion in aggregate. Video game maker Take-Two Interactive Inc. is seeking to raise $1 billion in a sale of new shares. The firm behind franchises including Grand Theft Auto and Sid Meier's Civilization is marketing the shares for $225 to $232 each, according to people familiar with the matter who asked not to be identified as the information isn't public. A representative for Take-Two declined to comment.
Bloomberg
20-05-2025
- Business
- Bloomberg
Japan's Big Non-Life Insurers Plan to Sell Cross Shareholdings
Japan's three major casualty insurers plan to sell a total of about ¥1.37 trillion ($9.5 billion) of cross-held shares in the fiscal year started April in a push to reduce strategic holdings in line with government policy. Tokio Marine Holdings Inc. plans to sell plans to sell ¥600 billion of shares, MS&AD Insurance Group Holdings Inc. aims to offload ¥573 billion and Sompo Holdings Inc. targets ¥200 billion, according company announcements on Tuesday.
