WUBA News and Press, 58.com Inc. American Depositary Shares each representing 2 Class A

Shell Asset Management reports fund value of $4.3B as of Sept. 30, 2020.Notable buy includes StoneX (SNEX).Adds position in Kinross Gold (KGC), Yamana Gold (AUY), Tesla (TSLA), while cuts position in Catalent (CTLT), Western Digital (WDC) and State Street (STT).Notable exit includes Farf...

Merger activity slowed down last week with no new deals announced. Two potential deals announced. Condor Hospitality Trust terminates its merger agreement with NHT Operating Partnership. For further details see: Merger Arbitrage Mondays - Condor Hospitality Terminat...

Merger activity decreased last week, with two new deals announced, but one of these was a blockbuster deal worth $21 billion and at a 108% premium to Friday's closing price. None of the pending active deals were completed last week. There was also a private deal nearly double the size of the...

BEIJING , Sept. 7, 2020 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China's largest online market place for classifieds, today announced that at an extraordinary general meeting of shareholders held today, the Company's shareholders voted in favor of, amon...

FinancialBuzz.com News Commentary New York, NY (8/24/2020) – As the pandemic continues to put enormous pressure on the economy and especially on retail and small businesses, it is the e-commerce market that has emerged as a clear winner. According to data published by the U.S. Departmen...

Interesting portfolio changes  disclosed by BlueCrest Capital Management in Q2, fund reports total value of $1.89B . More news on: 58.com Inc., iShares iBoxx $ Investment Grade Corporate Bond ETF, Bank of America Corporation, Financial stocks news, News on ETFs Read mor...

Less new deals. Less open deals. The M&A cupboard is as bare as it has been in more than a decade. Some deals have broken and more have had price cuts. Many have closed and a bunch more are on the verge of closing. Still there are always opportunities for those who do the work. One place...

This weekly column explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread going forward and indicate the trading posit...

BEIJING , Aug. 7, 2020 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China's largest online market place for classifieds, today announced it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on September 7, 2020 at 10:30 ...

By ALT Perspective Last week, Chinese equities ( FXI )( MCHI ) generally lagged behind their U.S. counterparts ( SPY )( DIA ). U.S.-China tensions ratchet up a notch as political rhetoric turned harsher. Recent media headlines spelled the bearish prognosis of the U.S.-China relationship ...