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1 week ago | 
news.bloombergtax.com | Ben Stupples |Jack Sidders
The patriarch of one of the Europe’s biggest fortunes is among the latest wave of rich Baby Boomers and Gen X residents exiting the UK amid tax hikes aimed at the country’s wealthiest denizens. Troels Holch Povlsen, the 75-year-old founder of clothing giant Bestseller, which owns the Jack & Jones brand, recently switched his usual residency to his native Denmark after previously citing it as England, according to registry filings.
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1 week ago | 
bloomberg.com | Ben Stupples |Jack Sidders
Bill Browder(Bloomberg) -- The patriarch of one of the Europe’s biggest fortunes is among the latest wave of rich Baby Boomers and Gen X residents exiting the UK amid tax hikes aimed at the country’s wealthiest denizens. Troels Holch Povlsen, the 75-year-old founder of clothing giant Bestseller, which owns the Jack & Jones brand, recently switched his usual residency to his native Denmark after previously citing it as England, according to registry filings.
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4 weeks ago | 
news.bloomberglaw.com | Tom Maloney |Ben Stupples
GameStop Corp. Chief Executive Officer Ryan Cohen has increased his investment in the video-game retailer, pledging more than half his $1 billion stake to secure a margin loan. The billionaire bought 500,000 shares of GameStop, bringing his position to 37.3 million shares or 8.4% of the company, according to an April 3 filing. Almost 60% of those shares are now pledged with Charles Schwab Corp. to guarantee the loan, according to the filing. GameStop Corp.
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4 weeks ago | 
bloomberg.com | Tom Maloney |Ben Stupples
GameStop Corp. signage on the floor of the New York Stock Exchange. (Bloomberg) -- GameStop Corp. Chief Executive Officer Ryan Cohen has increased his investment in the video-game retailer, pledging more than half his $1 billion stake to secure a margin loan. The billionaire bought 500,000 shares of GameStop, bringing his position to 37.3 million shares or 8.4% of the company, according to an April 3 filing. Almost 60% of those shares are now pledged with Charles Schwab Corp.
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4 weeks ago | 
news.bloomberglaw.com | Tom Maloney |Ben Stupples
GameStop Corp. Chief Executive Officer Ryan Cohen has increased his investment in the video-game retailer, pledging more than half his $1 billion stake to secure a margin loan. The billionaire bought 500,000 shares of GameStop, bringing his position to 37.3 million shares or 8.4% of the company, according to an April 3 filing. Almost 60% of those shares are now pledged with Charles Schwab Corp. to guarantee the loan, according to the filing. GameStop Corp.
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1 month ago | 
bloomberglinea.com.br | Filipe Pacheco |Ben Stupples |Manuel Baigorri |Justina Lee
Bloomberg — Para algumas das pessoas mais ricas do mundo, o caos nos mercados globais aumentou a urgência de fechar o capital de importantes empresas de seus portfólios. Enquanto os mercados de ações despencavam em todo o mundo na segunda-feira, a empresa de investimentos do bilionário sul-africano Natie Kirsh anunciou que se uniu à norte-americana Public Storage em uma oferta para fechar o capital da Abacus Storage King.
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1 month ago | 
bloomberglinea.com | Filipe Pacheco |Ben Stupples |Manuel Baigorri |Justina Lee
Bloomberg — Para algunas de las personas más ricas del mundo, el caos en los mercados mundiales ha añadido una mayor urgencia a la privatización de las principales empresas de su cartera. Mientras los mercados bursátiles se hundían en todo el mundo el lunes, la empresa de inversiones del multimillonario nacido en Sudáfrica Natie Kirsh anunció que se había asociado con Public Storage (PSA), que cotiza en EE.UU., en un acuerdo de privatización de Abacus Storage King.
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1 month ago | 
news.bloomberglaw.com | Filipe Pacheco |Ben Stupples |Manuel Baigorri |Justina Lee
For some of the world’s wealthiest people, the bedlam in global marketshas added greater urgency to take major portfolio companies private. As stock markets sank everywhere Monday, South Africa-born billionaire Natie Kirsh’s investment company announcedit had teamed up with US-listed Public Storageon a take-private deal for Abacus Storage King. Kirsh is the biggest shareholder in the Australian self-storage group, which the offer values at about A$1.9 billion ($1.1 billion).
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1 month ago | 
bloomberg.com | Ben Stupples |Ben Bartenstein
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1 month ago | 
news.bloomberglaw.com | Ben Stupples |Leonard Kehnscherper
Stephen Lansdown came to a stark realization in the run up to the CVC Capital Partners Plc-led buyout this week of the UK financial services firm he helped run for decades. “Other than sort of an alumni, I’m nothing now,” the 72-year-old co-founder of Hargreaves Lansdown Plc said on his role at the firm in an interview.
