Amancio Ortega, an investment in every port
Amancio Ortega, founder of Zara, is making a significant investment in Australian logistics firm Qube through his family office, Pontegadea.
Stock Market: British Investors Increase Short Position in Bally's
British fund Qube Research & Technologies has raised its short position in the shares of Bally's Intralot from 0.50% to 0.61%.
Stock Market: First Victory of Bally’s Against the Shorts
Bally’s Intralot shares have won their first significant battle against short-seller Qube Research, recovering to the brink of 1 euro due to stock buybacks.
Amancio Ortega buys a logistics operator in Australia with Macquarie for 7 billion
Amancio Ortega, in collaboration with Macquarie, has finalized the acquisition of Qube, an Australian logistics operator, for approximately €7 billion.
Stock Exchange: Short Selling 'Burns' Bally's Intralot
Bally's Intralot's stock has fallen to its lowest levels since November due to increased short selling, particularly from Qube, resulting in a nearly 9% loss this year.
Amancio Ortega launches a €6.9 billion bid with Macquarie for a logistics operator in Australia
Amancio Ortega and Macquarie lead a consortium to acquire the Australian logistics firm Qube for €6.9 billion.