Jay-Z scores legal win against Damon Dash as a judge prevents him from selling Roc-A-Fella stake

Jay-Z emerged triumphant on Friday after a judge shot down his former business partner Damon Dash’s attempt to sell his Roc-A-Fella stake. A federal judge prevented Dash’s attempt to get a temporary restraining order to stop a shareholder meeting that day, according to TMZ. The executive claimed in filings that the rap icon would try … Read more

Angelina Jolie in court fight with ex Brad Pitt over wine firm stake

Angelina Jolie in court fight with ex-husband Brad Pitt as she tries to sell her stake in their wine firm By Daily Mail City & Finance Reporter Published: 22:28 BST, 8 July 2021 | Updated: 22:28 BST, 8 July 2021 Angelina Jolie wants to unfreeze the assets so she can sell her stake in Nouvel LLC … Read more

JD Sports buys 80% stake in Spanish sports retailer Deporvillage

JD Sports buys 80% stake in Spanish sports retailer Deporvillage for £120m as it tries to expand its online presence By Daily Mail City & Finance Reporter Published: 21:51 BST, 28 June 2021 | Updated: 21:51 BST, 28 June 2021 JD Sports is spending £120million on an 80 per cent stake in a Spanish sports … Read more

Boxing champ Anthony Joshua takes stake in CBD brand Love Hemp

Joshua puts his cash into cannabis: Heavyweight champ takes stake in CBD brand Love Hemp By Daily Mail City & Finance Reporter Published: 22:11 BST, 21 June 2021 | Updated: 22:11 BST, 21 June 2021 Boxer Anthony Joshua is the latest celebrity to get involved in the City’s cannabidiol (CBD) craze.  The two-time world heavyweight … Read more

French billionaire Patrick Drahi buys a £2bn stake in BT

French billionaire buys Patrick Drahi £2bn BT stake: Now ‘king of cost-cutting’ is the telecom giant’s biggest shareholder By Tom Witherow For The Daily Mail Published: 22:16 BST, 10 June 2021 | Updated: 22:28 BST, 10 June 2021 Hammering down costs: Patrick Drahi (centre) celebrates his firm Altice’s New York flotation. He has now  bought … Read more

Sotheby’s owner Patrick Drahi becomes biggest BT investor with 12% stake 

Moroccan-born billionaire Patrick Drahi’s cost-cutting measures have not always gone down brilliantly with the company’s he took over. In 2017 Mr Drahi’s personal fortune took a nosedive when he took on dozens of telecoms companies in a short period of time. Altice had a debt burden of £43billion which made it vulnerable and caused investors … Read more

UK private equity giant CVC to take stake in professional tennis firm

UK private equity giant CVC set to take a stake in new tennis business that will combine men’s and women’s pro tours By Daily Mail City & Finance Reporter Published: 21:51 BST, 7 June 2021 | Updated: 21:51 BST, 7 June 2021 The UK’s biggest private equity company is preparing to take a stake in … Read more

Government to sell down 5% more of its NatWest stake

Government to sell down 5% more of its NatWest stake: Bank moves a step closer to reprivatisation following £45.5bn bailout By Lucy White For The Daily Mail Published: 21:50 BST, 10 May 2021 | Updated: 22:01 BST, 10 May 2021 Natwest has moved a step closer to reprivatisation after the Government announced plans to sell … Read more

Fund giant Ruffer slashes Bitcoin stake after Elon Musk tweets

Fund giant slashes Bitcoin stake after Elon Musk tweets trigger a frenzy: Ruffer cashes in on price surge with huge sale – so is bubble set to burst? By Emma Dunkley, Financial Mail On Sunday Published: 21:50 BST, 1 May 2021 | Updated: 21:50 BST, 1 May 2021 Fund manager Ruffer has sold the majority … Read more