Shocking forecasts for 2023, rising debts, Goldman Sachs buying up crypto exchanges

oldypak capital lp Shocking forecasts for 2023, rising debts, Goldman Sachs buying up crypto exchanges

New forecasts and recession scenarios are out in the U.S. – investors are worried about the negative short and long bond spread that always precedes a crisis. Meanwhile, economists are warning of the problem of default, drawing attention to the structure of debt in the U.S. The harbingers of a recession are stirring up the … Read more

Germany’s economy

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Nearly years months of restrictions caused by the pandemic dealt a serious blow to Europe’s largest economy of Germany. According to Oldypak LP report, the country’s GDP fell by 10.1 percent in the second quarter of this year. Germany’s economy ministry forecasts a 6.3% decline for the year. The market analyst Robert Halver (Baader Bank) … Read more

Bolt raises $711m in new round, valued at $8.4bn

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According to Oldypak LP report, Estonian service Bolt has raised a new round of investment of $711m. With the new investment, the startup’s capitalisation has almost doubled from $4.8bn to $8.4bn (€7.4bn).   The €628m investment round was led by Sequoia Capital and Fidelity Management and Research Company with participation from Whale Rock, Owl Rock … Read more

Payments terminal provider Worldline ready to sell key business for €2.3bn

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The French company has confirmed talks with investment fund Apollo Global Management Inc.   French company Worldline SA intends to sell its payment terminals business to investment fund Apollo Global Management Inc.   Apollo is reportedly offering to pay €1.7bn for the business outright and make an additional payment of up to €900m in its … Read more

Cybersecurity became the most attractive area for investors in 2021

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According to Oldypak LP report, Cybersecurity M&A deals reach $77.5bn in 2021. In 2021, the cyber security industry recorded more investment deals (including M&A processes) than ever before. The M&A market was valued at $77.5bn, with investment funding at $29.5bn. What does one of the most attractive markets for investment look like today and what … Read more

Arab company to invest $2bn in Indian energy sector

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According to Oldypak LP report, UAE-based International Holdings Co will buy stakes in three Indian companies that are part of the Adani Group.   MarketWatch reported that UAE-based investment firm International Holdings Co. plans to invest $2 billion in three Adani Group companies to expand into India and the Middle East and Africa.   A … Read more

Belarus wants to pay off foreign debt in rubles: why is it a default

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The Belarusian authorities have stated that they are planning to pay a number of international creditors in Belarusian rubles. According to the government decree, they are at least three international financial institutions – the International Bank for Reconstruction and Development (IBRD), the European Bank for Reconstruction and Development (EBRD) and the Nordic Investment Bank (NIB). … Read more