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HNA boosts Deutsche Bank stake to 4.76% from 3.04%
HNA Group has raised its stake in Deutsche Bank, which is in the midst of an 8 billion euro (USD 8.62 billion) capital increase, to 4.76% from 3.04%.
HNA Group takes 3% stake in Deutsche Bank
HNA Group has taken a 3.04% stake in Deutsche Bank and said it could buy further shares of the German lender.
HNA becomes largest shareholder of Deutsche Bank with 9.92% stake
HNA Group, the Chinese aviation-to-hotels conglomerate, increased its stake in Deutsche Bank to almost 10%, overtaking Blackrock as the top shareholder in Europe’s largest investment bank.
Uber turns to Saudi Arabia for USD 3.5 billion cash infusion
In its quest to build a global empire, Uber has turned to the Middle East for its biggest infusion of cash from a single investor.
Airbnb raises over $100 million as It touts strong growth
Airbnb has raised over $100 million in a new round of funding that has closed, according to a familiar source.
Chinese fund manager Hillhouse Capital leads $1B investment into Uber
Chinese investment management firm Hillhouse Capital Group is said to be leading a $1 billion investment into ride sharing major Uber Technologies Inc.
Uber valued at $40bn in latest funding round
Uber has more than doubled its war chest and its valuation in six months, despite what the driver-hailing service’s chief called “significant growing pains”.
Amex nets $900M from creation of joint venture, promises a digital future
Amex will get $900 million as part of a major deal to share ownership of its Business Travel Division with the Certares investment group.
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