New research from Kerrisdale Capital suggests that Qualcomm Inc (QCOM.O) profits could be at risk as the company faces legal battles in the United States. Activist investor Sahm Adrangi says that he has taken a short position against Qualcomm, arguing that the chip supplier’s stock price could shrink by half. Qualcomm’s stock traded at $54.16 […]
HGGC Sells Minority Stake in Davies Group to Canadian Investor
HGGC, a leading middle-market private equity firm located in Palo Alto, California, announced that it was selling its minority stake in Davies Group Limited to Alberta Investment Management Corporation (AIMCo), a high-performing Canadian investment manager. In the interest of some of AIMCo’s clients, the company has signed a definitive agreement solidifying its position to obtain […]
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