Tag: Equity (finance)

Business

Allwyn and OPAP Merge to Create $19 Billion Global Gaming Giant

In a landmark deal reshaping the global gaming industry, Allwyn International and Greek gaming company OPAP have announced a merger creating a €16 billion ($19 billion) entertainment giant. The combined entity will become the world’s second-largest listed gaming company with leading positions across multiple international markets.

The global gaming industry is witnessing a transformative consolidation as Allwyn International and Greek gaming company OPAP announce their merger through an all-share deal valued at €16 billion ($19 billion). This strategic combination creates one of the world’s largest gaming entertainment companies with extensive operations across Europe, the United States, and international markets. The newly formed entity will operate under the Allwyn brand, marking a significant milestone in the evolution of the global gaming landscape.

Historic Merger Creates Gaming Powerhouse

by Jessica Moore P.E.
BusinessPersonal Finance

Warren Buffett’s Berkshire Hathaway Japanese Stock Holdings Surpass $30 Billion

Berkshire Hathaway’s investments in five major Japanese trading houses have grown to over $30 billion, with several positions now exceeding 10% ownership. Warren Buffett continues to build positions he initially disclosed in 2020, with some stocks soaring as much as 551%.

Warren Buffett’s Berkshire Hathaway has seen its Japanese stock portfolio surpass the $30 billion milestone, with the legendary investor continuing to build positions in the country’s major trading houses that have delivered spectacular returns since their initial disclosure in 2020. The five Japanese trading house investments have collectively gained 392% from their original $6.3 billion value, with Berkshire recently confirming several stakes have crossed the 10% ownership threshold.

Explosive Growth in Japanese Investments

by Jessica Moore P.E.