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Carlyle explores sale of electric power producer Cogentrix, FT reports

(Reuters) - PE firm Carlyle has hired advisers to explore a sale of Cogentrix that could value the North Carolina-based power producer at as much as $3 billion to $4 billion, the Financial Times reported, citing three people briefed on the matter. .

Latham watkinsSourasis boseShounak dasguptaGoldman sachsNorth carolina basedFinancial timesGlobal infrastructure partners

FTAI Infrastructure inks deal with Aramco Trading to boost oil supply to Texas terminal

Ground freight and logistics firm FTAI Infrastructure said on Thursday that one of its subsidiaries has executed a multi-year terminal services agreement with the energy trading unit of Saudi Aramco ,.

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GameStop postpones shareholder meet to June 17 after technical difficulties

retailer GameStop said that its virtual annual shareholders meeting on Thursday was postponed without any business being conducted due to technical difficulties. The company,.

Alan baronaSourasis boseKeith gill

GameStop Raises $2 14 Billion Amid Roaring Kitty-Fueled Retail Trading Frenzy

GameStop Raises $2 14 Billion Amid Roaring Kitty-Fueled Retail Trading Frenzy
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesNew york stock exchangeRyan cohenVijay kishoreSourasis boseKeith gillDeborah sophiaShilpi majumdarManya sainiYork stock exchangeNew york city

GameStop raises $2 14 billion amid Roaring Kitty-fueled retail trading frenzy

Shares of the videogame retailer, which has been at the center of the meme stock frenzy, rose more than 5% on the news before reversing course to fall 1.6% in volatile extended trading. On a livestream on Friday with more than 600,000 viewers, Gill, the key figure behind an eye-popping rally in the struggling company's stock in 2021, joked about memes and interspersed his discussion of GameStop with various disclaimers. GameStop said it sold the maximum amount of 75 million shares registered under the program.

Deborah sophiaKeith gillSourasis boseVijay kishoreRyan cohenManya sainiShilpi majumdar

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