Wed.Sep 27, 2023

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Why VinFast Auto Stock Crashed 12% Today

The Motley Fool

What happened Shares of VinFast Auto (NASDAQ: VFS) stock collapsed in Wednesday afternoon trading, tumbling 12.4% through 1:55 p.m. ET. It's not a great secret why: VinFast insiders may be dumping the stock. So what Easily the world's most famous Vietnamese carmaker after going public in a SPAC IPO last month, VinFast has been pretty volatile since its debut, and today isn't going to change that story much.

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Marlin-backed Virgin Pulse to merge with New Mountain’s HealthComp

PE Hub

Virgin Pulse is a health, wellbeing and navigation company. The post Marlin-backed Virgin Pulse to merge with New Mountain’s HealthComp appeared first on PE Hub.

Companies 209
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Your SNAP Benefits Could Be Delayed if the Government Shuts Down

The Motley Fool

Image source: Getty Images Many SNAP recipients are looking forward to October. It marks the start of the new fiscal year and brings a slight increase to people's monthly food benefits. But now there's a catch. Before the start of each fiscal year, lawmakers in Washington need to pass certain spending bills. So far, that hasn't happened. And sadly, the political wrangling could have an impact on your SNAP and WIC payments.

Funds 246
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Charlesbank Capital-backed Titan Cloud buys Leighton O’Brien

PE Hub

Leighton O'Brien is a fuel analytics software and field technologies provider. The post Charlesbank Capital-backed Titan Cloud buys Leighton O’Brien appeared first on PE Hub.

Capital 189
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If You Invested $10,000 in Berkshire Hathaway in 2003, This Is How Much You Would Have Today

The Motley Fool

Warren Buffett is a legendary investor and one of the world's wealthiest people. While his start at a very early age helped him build a fortune, Buffett hasn't lost his investing touch. His holding company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , has outperformed the S&P 500 index over the past 20 years. Had you invested $10,000 in Berkshire Hathaway in 2003, you would have more than $71,000 today to the S&P 500's $62,200.

Investing 246
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BV Investment Partners backs Tomorrow and Half Helix merger

PE Hub

Half Helix and Tomorrow are Shopify Plus service partners. The post BV Investment Partners backs Tomorrow and Half Helix merger appeared first on PE Hub.

Investing 174

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Cinven Pours €160m into Eurovita Debt Buyback to Avoid Messy Liquidation

Private Equity Insights

Private equity firm Cinven has agreed to buy back 160m euros ($170m) of debt sold by its insurer Eurovita and is open to supporting other measures to avoid a messy liquidation of the Italian company, a person with knowledge of the situation told Reuters. Cinven this month signed an accord with GIC, Singapore’s sovereign fund, and another two investors to purchase from them 140m euros of Tier2 Eurovita bonds, the source added.

Debt 147
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4 Signs You're Not Ready to Become a Small Business Owner

The Motley Fool

Image source: Getty Images Starting a small business could end up being a very rewarding experience for you. There's nothing like the feeling of bringing a great idea to life and turning it into something that provides you and your family with a steady stream of income. But starting a business isn't something to dive into casually. It's important to make sure you're prepared logistically and financially, and that you're in the right frame of mind to be successful.

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Shorehill Hires New Associate

Private Equity Professional

Shorehill Capital has expanded its investment team with the hiring Anna Hofmockel as an associate. Ms. Hofmockel joined Shorehill earlier this month and will be active evaluating investment opportunities, conducting due diligence, and managing portfolio companies. Ms. Hofmockel joined Shorehill in September 2023, bringing over five years of middle market transactional experience to the firm… This content is for members only.

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Want the Max $4,555 Social Security Benefit Check? Here's the Salary You Need.

The Motley Fool

Most retired workers depend on Social Security benefits to make ends meet. In fact, because benefits represent guaranteed income, they tend to become increasingly important as other sources of income such as retirement accounts are depleted over time. That means current workers have good reason to maximize their future Social Security payout. However, most Americans are unclear on how to do that.

Taxes 246
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Paine Schwartz Beats Target on Newest Food and Agribusiness Fund

Private Equity Professional

Paine Schwartz Partners has held a final close of its sixth fund, Paine Schwartz Food Chain Fund VI LP, with an above target $1.7 billion of capital commitments. Limited partners in Fund VI, include pension funds, sovereign wealth funds, endowments, foundations, family offices and other institutional investors. Paine Schwartz’s earlier fund, Paine Schwartz Food Chain… This content is for members only.

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Looking to Buy a $300,000 Home? Here's What You Might Pay Based on Today's Mortgage Rates

The Motley Fool

Image source: Getty Images Buying a home is not an easy thing to do these days. A glaring lack of inventory has left buyers with limited options, and elevated home prices are making it difficult for buyers to find a home they can afford. In July, the median U.S. home sold for about $407,000, according to the National Association of Realtors. So if you're in the market for a $300,000 home, you're spending about 25% less than the typical buyer.

Taxes 246
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Apollo to get an investment worth $150m from KIC

Private Equity Insights

South Korea’s sovereign wealth fund, Korea Investment Corporation (KIC), is set to invest $150m in Apollo Global Management, the world’s second-largest private equity firm. As global funds seek alternative markets for investments and fundraising due to restrictions in China, Korea is emerging as a focal point. According to industry sources on Sunday, KIC will allocate 200bn won to Apollo Global Management’s 10th buyout fund.

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The Kellogg Split

The Motley Fool

In this podcast, Motley Fool analyst Jason Moser and host Deidre Woollard discuss: Why Kellogg is splitting up its business. If snacks still have growth potential. Monster 's ability to become a 100-year brand. Motley Fool host Ricky Mulvey and sports journalist John Nash analyze newly listed TKO Holdings , the company that runs both WWE and UFC, and address the challenges it may face.

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Cinven Pours €160m into Eurovita Debt Buyback to Avoid Messy Liquidation

Private Equity Insights

Private equity firm Cinven has agreed to buy back 160m euros ($170m) of debt sold by its insurer Eurovita and is open to supporting other measures to avoid a messy liquidation of the Italian company, a person with knowledge of the situation told Reuters. Cinven this month signed an accord with GIC, Singapore’s sovereign fund, and another two investors to purchase from them 140m euros of Tier2 Eurovita bonds, the source added.

Debt 130
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As Artificial Intelligence (AI) Demand Heats Up, Palantir May Be Facing Its Biggest Challenge Yet

The Motley Fool

After taking the world by storm late last year, ChatGPT found yet another way to wedge itself in the center of the artificial intelligence (AI) arms race. ChatGPT's parent company, OpenAI, announced a new version of its flagship program aimed at enterprise businesses. While the Microsoft -funded start-up has been consistently in the mix of companies disrupting the AI landscape, other names have quickly emerged as potential leaders as well.

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PAI Partners Weighs Sale of Apleona Group for €4Bn

Private Equity Insights

PAI Partners is exploring a sale of Apleona Group GmbH that could value the German facilities manager at about €4bn ($4.3bn), people with knowledge of the matter said. The private equity firm is speaking with potential advisers as it prepares to gauge buyer interest in Apleona, according to the people, who asked not to be identified discussing confidential information.

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Proceed With Caution When Considering These 5 Ultra-Popular Stocks

The Motley Fool

Investors benefited from a notable relief rally in the first half of 2023. The sell-off in late 2021 and most of 2022 was the worst period for many investors since the 2008-09 financial crisis, so one could argue that a recovery was overdue. Unfortunately for some stocks, the returns were so high that valuations rose to unsustainable levels. Hence, investors should proceed with caution regarding the following investments.

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CVC Capital mulls selling stake worth $345m in Indian healthcare firm

Private Equity Insights

Private equity firm CVC Capital Partners is considering selling a 60.4% stake in Indian cancer hospital chain HealthCare Global Enterprises (HEAC.NS) , Bloomberg News reported on Tuesday, citing people familiar with the matter. The stake is worth about $345m and CVC may seek a premium of 20% for the shares or go as high as 50% depending on market conditions, the report said.

Stakes 130
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Where Will AMD Stock Be in 1 Year?

The Motley Fool

Advanced Micro Devices (NASDAQ: AMD) has been a solid performer so far this year, with gains of 50%, but shares of the chipmaker have pulled back significantly in recent months and are down 25% from the 52-week high they hit in June this year. This recent pullback may seem a tad surprising, as AMD's second-quarter results, which were released on Aug. 1, turned out to be better than expectations.

Prospects 246
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Marlin-backed Virgin Pulse agrees to merge with New Mountain-backed HealthComp; Altamont Capital agrees to sell Douglas Products

PE Hub

Merger news with Marlin Equity’s Virgin Pulse and New Mountain’s HealthComp; exploring an exit by Altamont Capital; interesting findings from Goldman Sachs based on a recent survey of GPs. The post Marlin-backed Virgin Pulse agrees to merge with New Mountain-backed HealthComp; Altamont Capital agrees to sell Douglas Products appeared first on PE Hub.

Capital 130
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2 Warren Buffett Stocks Down 3% and 89% to Buy Right Now and Hold for the Long Haul

The Motley Fool

When Warren Buffett purchased a controlling stake in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) and became its CEO in 1965, the company was valued at roughly $18 per share. If you owned $1,000 worth of Berkshire stock when Buffett took over and held on to your position, it would now be worth more than $30 million. With that incredible performance in mind, two Motley Fool contributors have teamed up to take a couple of pages out of the Oracle of Omaha's famously successful playbook.

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Altamont Capital agrees to sell Douglas Products to Brightstar Capital

PE Hub

Altamont began exiting the platform last year, selling Duke's Root Control Inc. to Comvest Partners. The post Altamont Capital agrees to sell Douglas Products to Brightstar Capital appeared first on PE Hub.

Capital 130
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Disney Stock: Is It Ready to Sink or Swim?

The Motley Fool

Millions of people visit a Walt Disney (NYSE: DIS) theme park every year, and its movie studio business is one of the most profitable in Hollywood. But across all its business segments, the House of Mouse hasn't posted the financial results investors are looking for, which has sent the stock down almost 60% off its previous highs. The stock is either the buying opportunity of a lifetime or a value trap.

Assets 246
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Triton Looks to Raise €423m in IPO of German Gearbox Maker Renk

Private Equity Insights

Triton is looking to raise as much as €423m ($450m) from an initial public offering of industrial machinery maker Renk AG, adding to a late-year surge in listings activity in Germany. Renk is seeking a valuation of as much as €1.8bn from the listing, according to a statement Monday. Its private equity owner will sell shares in the company at €15.00 to €18.00 apiece through Oct 4, with the new stock set to start trading a day later.

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3 Things You Need to Know About Medicare Before You Retire

The Motley Fool

Retirement can be an exciting period of life, but it can also be a stressful one from a financial standpoint. That's because healthcare can become a huge burden for seniors, and the cost of healthcare can easily exceed the amount seniors budget for. Part of that boils down to certain Medicare misconceptions. Many seniors begin getting coverage through Medicare upon turning 65, which is when eligibility starts.

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TPG Takes Over InvoCare for $1.8bn

Private Equity Insights

Private equity firm TPG Capital’s $1.8bn buyout offer for InvoCare, Australia’s largest funeral homes and crematoria operator, has garnered regulatory approval and the endorsement of an independent expert. The Overseas Investment Office in New Zealand has authorised TPG to take ownership of 50 locations operated by InvoCare in the country.

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2 Magnificent Growth Stocks to Buy On the Dip

The Motley Fool

Despite a sizzling start to the year, growth stocks have suddenly found themselves on the outs with investors. Concerns about the global economy, persistently high interest rates, and stubborn levels of inflation have weighed heavily on pure-play growth stocks in the second half of the year. Biotechnology stocks have taken a particularly hard hit over this period.

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EQT-backed Lima to be acquired for $850m by Enovis

Private Equity Insights

Lima is controlled by private equity firm EQT AB. Enovis Corp, a U.S. maker of orthopedic bracing and shoe inserts, has agreed to acquire Italian surgical implant manufacturer LimaCorporate SpA for approximately $850m, including debt, according to people familiar with the matter. The acquisition will bolster Enovis’ reconstructive business, which makes shoulder, hip and knee implants used in surgeries, and expand its international footprint.

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Why NextEra Energy Partners Stock Crashed 17% Today

The Motley Fool

What happened Shares of NextEra Energy Partners (NYSE: NEP) stock collapsed in Wednesday morning trading, down 17.1% as of 12:02 p.m. ET after the operator of wind, solar, and battery storage renewable energy projects issued a press release revising its growth expectations for the next few years. The problem: By "revising," they meant "reducing." So what In order "to continue to deliver long-term value for unitholders," management said it was reducing growth expectations for limited partner dist

Financing 246
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KKR Completes ~$240m Investment in Reliance Retail

Private Equity Insights

Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount of $240m from the global investment firm KKR and has allotted 17.1m equity shares. Following the share allotment, KKR’s shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per cent. “Reliance Retail Ventures Ltd today received the subscription amount of $240m from Alyssum Asia Holdings II Pte.

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3 Steps to Claiming the $4,555 Max Monthly Social Security Benefit

The Motley Fool

Social Security was never intended to be anyone's sole source of income in retirement. But for a handful of people, it can be a significant one. A few lucky retirees are cashing monthly checks of the maximum possible amount of $4,555. How did they do it, and how can you do the same? Here's a rundown of the three key things they did differently than most.

Taxes 246
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Shorehill’s Triad Adds On Again

Private Equity Professional

Triad Technologies, a portfolio company of Shorehill Capital, has acquired Tech-Syn Corporation. Tech-Syn is a distributor of O-rings; industrial and hydraulics hoses and seals; and gaskets, fittings and couplings to an array of industrial customers. The company also provides several value-added services including engineering support, kitting and custom packaging, and inventory management programs.

Capital 100
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Is HubSpot Stock a Buy Now?

The Motley Fool

Investors in inbound marketing company HubSpot (NYSE: HUBS) have watched the stock rise this year. After a brutal sell-off in 2022, the stock staged a dramatic recovery this year. While not near its peak in 2021, it is still up 70% for the year after pulling back over the last few weeks. However, those movements may leave investors wondering how to approach the Software-as-a-Service (SaaS) stock.