business

Porsche AG announced on April 24th 2026 that it had agreed to sell its equity stakes in both Bugatti Rimac and Rimac Group to an international consortium led by New York-based HOF Capital, with Abu Dhabi’s BlueFive Capital coming in as the largest single investor. The transaction agreements were signed the same day and, subject…

The largest all-cash sponsor take-private investment in history was announced on September 29th 2025, when Electronic Arts agreed to be acquired by a consortium of investors comprising Saudi Arabia’s Public Investment Fund (PIF), private equity firm Silver Lake, and Jared Kushner’s Affinity Partners. The deal is expected to close by June 2026, at which point…

SpaceX has been alluding its move public for a while, but it seems that the offering will finally be achieved this year. Here are the key stats to start: Current valuation = $800 billion IPO target = $1.5 trillion As you can see there is a significant $700 billion disparity between SpaceX’s current valuation and…

Between 2003 and 2013, J.P Morgan and 14 other major banks got caught rigging the foreign exchange market. Traders at these banks used private chat rooms to coordinate their trades and manipulate prices, which meant that they were basically cheating their customers to make more profit. Case Name: In re Foreign Exchange Benchmark Rates Antitrust Litigation (Case…

This post will be focusing on the 4 main pillars of intellectual property (IP). 1. Copyright 2. Trademarks 3. Patents 4. Trade secrets Copyright © Copyright provides protection for original expression, this includes all forms of creative mediums such as art, literature, videos, music and photographs. Copyright rights themselves are automatically obtained as soon as…

The largest merger by combined revenue of two firms ever is set to be voted upon by partners early next week. The transatlantic team-up is set to generate seismic waves that reform the very structure of firms in the future. “Hogan Lovells Cadwalader will bring unmatched finance, corporate, regulatory, and disputes capabilities to clients in…

This post is instalment 2/3 of the essential financial statements series. Income statements can provide incredibly useful insights into a company’s profitability over a certain period of time; however if the categories and the layout are unfamiliar then they can be overwhelming and seemingly uninterpretable. To help you understand, I made an income statement for…