Category: offloads

  • Buffett’s Berkshire Hathaway offloads more of its Bank of America stake By Investing.com

    Warren Buffett’s Berkshire Hathaway sold about $900 million of its stake in Bank of America this week, cutting its holdings in America’s second-largest lender to near the key reporting threshold. Berkshire’s stake in Bank of America now amounts to 10.8% of outstanding shares, or about $34 billion. Berkshire, which remains…

  • KPA offloads cargo from vessel grounded off Mombasa port

    The Kenya Ports Authority has begun unloading cargo from a ship that ran aground more than two months ago while sailing from the port of Mombasa to neighbouring Dar es Salaam carrying 209 containers. The Mombasa port manager said about 96 shipping containers have so far been unloaded from the…

  • FTX Offloads Remaining Anthropic Shares In $450 Million Sale

    Bankrupt FTX has been involved in several asset divestments over the past year, as it seeks to fully compensate former clients of the now-defunct exchange. In the latest development in the ongoing proceedings, the company has sold the final portion of its shares in artificial intelligence startup Anthropic. FTX earns…

  • FTX Offloads Remaining Anthropic Shares In $450 Million Sale

    Bankrupt FTX has been involved in several asset divestments over the past year, as it seeks to fully compensate former clients of the now-defunct exchange. In the latest development in the ongoing proceedings, the company has sold the final portion of its shares in artificial intelligence startup Anthropic. FTX earns…