Edition:
United Kingdom

Deals

Billionaire U.S. investor Dan Och seeks $750 million for SPAC

Billionaire investor Daniel Och, who founded hedge fund Och-Ziff Capital Management, said in a filing on Friday that he plans to raise $750 million through a blank check acquisition vehicle, becoming the latest major hedge fund investor to launch one.

U.S. should try to delay IPO of China's Ant Group, Senator Rubio says

Senator Marco Rubio, who has successfully urged the Trump administration to pursue investigations of Chinese companies, called on Friday for the U.S. government to consider options to delay an initial public offering of China's Ant Group, the fintech arm of Chinese e-commerce giant Alibaba .