Wightlink ferry 50% stake sold to Canadian investor

Wightlink ferry 50% stake sold to Canadian investor

An international investment firm has bought a 50% share in Isle of Wight ferry operator Wightlink. Fiera Infrastructure has acquired the stake for an undisclosed sum from Basalt Infrastructure Partners, which will continue as co-owner. The Toronto-based buyer …
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Trump says United Tech, Raytheon deal may hurt competition

WASHINGTON (Reuters) – U.S. President Donald Trump gave mixed signals Monday as to whether he believed the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp should go forward, while the Pentagon indicated it …
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The news industry is joining the attack on big tech

Congress will hear arguments on Tuesday from those in the news industry who say tech giants like Google and Facebook are threatening their survival and should receive regulatory oversight. News publishers say that online platforms have control over …
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Audi and Jaguar are recalling their Tesla rivals after realizing their batteries were at risk of catching fire

Audi and Jaguar are recalling their electric SUVs due to potential safety issues. Audi is flagging a total of 1,644 of its e-tron luxury SUVs, around 540 of which have been delivered to customers, due to a potential problem with a seal that could allow water into …
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A cold email helped Lionstone land Virginia Tech Innovation Campus

How did Lionstone Investments snag Virginia Tech’s $1 billion innovation campus away from Stonebridge Associates’ Oakville Triangle? Partly through a well-timed message, said an executive with the Houston-based firm. “We kind of just cold emailed them,” …
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