Browsing Tag
500mn
$500mn Pink Floyd song catalogue sale stalled by band infighting
The $500mn-plus sale of Pink Floyd’s music catalogue has hit a wall, with the auction delayed by months of arguing between band members over tax, assets, and bassist Roger Waters’…
Fund manager Abrdn plans payout to shareholders of up to £500mn
Struggling fund manager Abrdn plans to return up to £500mn to shareholders in an attempt to head off a revolt after its humiliating relegation from the FTSE 100 earlier this month.…
Citigroup wins appeal over $500mn wired by mistake
A US appeals court has overturned a ruling that allowed hedge funds to keep half a billion dollars that Citigroup mistakenly sent to them, in a victory for the Wall Street bank that…
OnlyFans’ owner nets $500mn windfall as platform for sex workers booms
The owner of OnlyFans has collected a $500mn windfall over the past two years from the booming popularity of the platform for sex workers and celebrities to sell content to their…
Saudi prince made $500mn Russia bet as Ukraine war started
Kingdom Holding, one of Saudi Arabia’s highest-profile investors, poured hundreds of millions of dollars into Russian energy firms shortly before and after the invasion of Ukraine…
Taxpayers face additional £500mn bill for Bulb Energy bailout
The government bailout of failed British energy supplier Bulb will cost taxpayers an additional £500mn over two years, taking the total support required to £2.2bn, according to the…