Milwaukee Bucks co-owner Wesley Edens divorced his wife, had a fling with a Chinese lady, who allegedly blackmailed him demanding $1.2 billionA Chinese-born woman, Changli Luo, is accused of a months-long blackmail scheme against billionaire Wesley Edens, demanding up to $1.2 bill...
11 May, 2026, 12.32 PM IST
Zero returns in 2 years: Should Nifty bulls build a cash fort like Warren Buffett?Nifty50 has delivered zero returns over the past two years and is now at a critical juncture amid rising geopolitical tensions, a weakening...
01 Apr, 2026, 09.35 AM IST
Dating app Grindr explores go-private deal: ReportRaymond Zage and James Lu, who control majority of Grindr, are in talks to secure debt financing from Fortress Investment Group to acquire ...
13 Oct, 2025, 11.04 PM IST
SoftBank nears deal to sell Fortress to Mubadala for up to $3 billion: reportThe talks have been going on since last year and a deal, which will help Softbank pay down its debt, could be announced later this month, t...
11 May, 2023, 08.17 AM IST
Vice Media preparing to file for bankruptcy: ReportThe media firm has received interest from five companies and might consider a sale to avoid bankruptcy, the NYT report said.
02 May, 2023, 06.20 PM IST
Vice Media heading for bankruptcy: ReportsThe New York Times reported that the company has been struggling to find a buyer to avoid declaring bankruptcy but there is still a chance ...
02 May, 2023, 08.15 AM IST
SoftBank deal flow halved after portfolio takes heavy lossesSoftBank put money into 35 startups and participated in financing rounds valued at $5.1 billion over the past three months.
21 Jul, 2022, 02.34 PM IST
Abu Dhabi's Mubadala is in talks to buy asset manager Fortress from SoftBankThe Abu Dhabi sovereign wealth fund is discussing a deal that would value Fortress at more than $1 billion. Mubadala has long been a SoftBa...
13 Jul, 2022, 02.11 PM IST
Japan's Nikkei gains as chip stocks, airlines boostHowever, worries lingered about the global growth outlook amid heightened uncertainty over Europe's energy crisis and China's renewed strug...
13 Jul, 2022, 01.17 PM IST
Fortress sweetens offer for UK grocer Morrison to £6.7 billionThe consortium offered 270 pence a share plus a 2 pence dividend for Morrison on Friday, up from a previous offer of 254 pence, including t...
07 Aug, 2021, 07.58 AM IST
UK supermarket Morrisons agrees to £6.3 billion takeoverUnder the £6.3 billion ($8.7 billion) deal, the group of investors comprising Softbank-owned Fortress, Canada Pension Plan Investment Board...
03 Jul, 2021, 03.46 PM IST
WeWork’s Adam Neumann in talks to boost investment in Peach StreetThe company, which hasn’t yet launched, will enable mortgage holders to make payments and access information on a secure digital platform.
08 Jan, 2020, 09.51 AM IST
Harvey Weinstein sues his own company for access to emails, personnel fileHe sued the Weinstein Co. to force it to turn over records that it refused this month to provide to his lawyers.
27 Oct, 2017, 10.58 AM IST
SoftBank plots seals to build $300 billion asset-management armThe Japanese firm is eyeing further acquisitions in the financial sector in order to potentially create a $300 billion asset management arm...
30 Sep, 2017, 12.30 PM IST
Japan’s SoftBank to acquire Fortress Investment Group for $3.3 billionThe mobile giant said it was paying $8.08 a share for New York-based Fortress, a 39% premium on its February 13 close price.
16 Feb, 2017, 12.10 AM IST
- Wall Street Trader bags world 156 mn pounds bonus
A Wall Street trader has been given the largest bonus of 156 million pounds by his employer Fortress Investment Group LLC, which wanted to ...
13 Aug, 2008, 06.49 PM IST
- Torrent, Teva only two suitors left for Merck unit as Mylan
Torrent Pharmaceuticals, in association with Fortress Investment Group, which has $ 30 billion in assets under management and another priva...
23 Mar, 2007, 02.35 AM IST