Juventus Owner Rejects Tether Takeover Bid
Digest more
Tether Holdings SA, the stablecoin issuer seeking to raise as much as $20 billion in a stock sale, is exploring ways to ensure liquidity for investors after intervening to stop some existing shareholders from offloading stakes.
Juventus chief John Elkann explains ‘our history and values are not for sale’ after parent company Exor rejected a takeover bid from Tether.While Tether are already minority shareholders,
What happens when a new-money crypto giant tries to buy a century-old football dynasty? A culture clash, to say the least.
Emily Nicolle and David Pan take stock of Bitcoin treasury firm Twenty One Capital’s debut in New York — and question what might come next.
Stablecoin issuer Tether moved to prevent equity sales as Bloomberg reports plans to raise funds at a $500 billion valuation.
Stocktwits on MSN
Tether’s bold Juventus buyout bid hits resistance as controlling owners refuse to sell stake: Report
Tether made a binding all-cash offer and plans a public tender if approved. ・The 65.4% controlling stake held via Exor is not being put up for sale, the Agnelli family said. ・The bid would be an unusual shift for crypto firms beyond sponsorships and fan tokens.
Tether Holdings SA’s offer to acquire Juventus Football Club SpA pits a fast-growing crypto powerhouse against a more than century-old Italian industrial dynasty.The crypto firm’s all-cash proposal to buy Exor NV’s 65.