Finance News – Auction
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New Look owners line up bankers to fashion high street exit
The company plans to engage financial advisors to evaluate potential options, which may lead to the sale of the retail brand, impacting stakeholders and market positioning in the f...
Read Full Article →GBM Launches Auction Festival with The Sandbox, Aavegotchi, Unstoppable Domains, and More
The collaboration between GBM and prominent blockchain platforms introduces a new event designed to boost market activity and create economic opportunities within the digital asset...
Read Full Article →23andMe’s founder wins bid to regain control of bankrupt DNA testing firm
Anne Wojcicki’s increased $305 million offer to reclaim the genetic testing company surpasses previous bids, reflecting significant investor confidence despite the firm’s recent de...
Read Full Article →Brazil to auction oil exploration rights months before hosting Cop30
The upcoming auction of extensive offshore oil and gas blocks in Brazil is expected to generate substantial revenue, influencing energy investments and economic dynamics ahead of t...
Read Full Article →Peter thought he owned his driveway until it was listed for auction
The unexpected presence of multiple bidders unexpectedly increased the driveway’s market value, highlighting how competitive bidding can significantly impact property prices even i...
Read Full Article →Hong Kong giant CKI demands to rejoin auction of stricken Thames Water
CK Infrastructure Holdings’ insistence on rejoining the bidding process could significantly impact the ownership and future financial stability of Thames Water amid growing concern...
Read Full Article →The smell of victory: boom in classic football shirts shows no sign of fading
The growing market for authentic vintage football jerseys has become a lucrative industry, generating substantial revenue by attracting passionate collectors willing to pay signifi...
Read Full Article →SlimFast owner gets into shape with launch of dieting brand sell-off
The company overseeing SlimFast has initiated a process to divest the dieting brand by engaging advisors to manage a competitive bidding event, reflecting a strategic financial dec...
Read Full Article →23andMe back on the auction block after former CEO makes 11th-hour bid
The recent $305 million offer from a principal insider disrupted a prior $256 million purchase deal, potentially altering the financial outcome of the company’s bankruptcy asset sa...
Read Full Article →Buyout firm EQT revs up £500m bid for World Rally promoter
EQT Partners is preparing a substantial investment proposal aimed at acquiring the company behind the World Rally Championship, reflecting significant valuation interest in the spo...
Read Full Article →Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction
Ross Ulbricht, previously known for creating an online marketplace, experienced a significant increase in cryptocurrency holdings through a large unsolicited transfer following a n...
Read Full Article →Silk Road founder’s belongings fetch $1.8M in Bitcoin auction
The sale of Ross Ulbricht’s personal items in a digital currency auction generated over $1.8 million, highlighting the high value collectors place on memorabilia linked to notable...
Read Full Article →Auction for Ross Ulbricht’s prison mementos, artwork raises $1.3 million in BTC
The sale of personal items and artwork linked to Ross Ulbricht generated $1.3 million in Bitcoin, with his last identification card fetching the highest bid of 11 BTC.
Read Full Article →Developer Mohamed Hadid’s failed L.A. mansion goes up for auction, and it’s just slabs of concrete
The remnants of a costly Los Angeles project by Mohamed Hadid are being sold at auction starting at $7.9 million, reflecting a significant loss compared to the original $50 million...
Read Full Article →‘The most calls I’ve ever had’ – Why Japanese bonds have suffered surging yields
The recent decline in demand for long-term Japanese government bonds has caused yields to rise sharply, reflecting increased investor caution and potential shifts in the country’s...
Read Full Article →US government bonds drop as worries over Trump’s tax bill flare up
Concerns about potential changes to tax legislation have led to a decline in government securities, while investor caution following a weak $16 billion long-term bond sale resulted...
Read Full Article →Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets
The recent increase in interest rates negatively impacted various risk assets, causing a swift decline in Bitcoin's value after it previously reached an all-time peak.
Read Full Article →Government debt sale delayed over ‘Bloomberg system issues’
The postponement of the UK government bond auction caused by technical difficulties may impact the timing of debt issuance and influence market liquidity and investor participation...
Read Full Article →Japan’s long-term borrowing costs hit record high on demand fears
Rising yields on Japan’s long-term debt following a weak auction have increased worries about potential capital outflows as investors may repatriate funds from overseas holdings.
Read Full Article →What is a sealed-bid token launch?
Sealed-bid token launches represent an innovative fundraising model in cryptocurrency, fostering equitable access, reducing manipulation risks, and enabling price discovery, despit...
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