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Billionaire Richard Branson aims to raise $460M with SPAC IPO

The company is looking to raise $460 million in capital by buying undervalued American and European consumer-facing businesses in sectors where Virgin has had success, including travel, leisure, entertainment and financial services......»»

Category: topSource: foxnewsSep 17th, 2020

Billionaire Richard Branson, hit by pandemic, aims to raise $460M

The billionaire is eyeing undervalued American and European consumer-facing businesses in sectors where Virgin has had success, including travel, leisure, entertainment and financial services......»»

Category: topSource: foxnewsSep 18th, 2020

Billionaire Richard Branson aims to raise $460M

The company is looking to raise $460 million in capital by buying undervalued American and European consumer-facing businesses in sectors where Virgin has had success, including travel, leisure, entertainment and financial services......»»

Category: topSource: foxnewsSep 18th, 2020

Billionaire Richard Branson joins SPAC craze with plans to raise $400 million

VG Acquisition will search for deals in consumer-facing industries in U.S. and Western Europe......»»

Category: topSource: marketwatchSep 17th, 2020

Billionaire Richard Branson to raise $400 million for new SPAC as it looks to expand its Virgin empire

VG Acquisition Corp, the new blank check company, plans to sell 40 million units at .....»»

Category: worldSource: nytSep 17th, 2020

Richard Branson to sell 25 million shares in Virgin Galactic to battle pandemic impact

Billionaire Richard Branson's Virgin Group said on Monday that it may sell up to 25 million shares of space tourism company Virgin Galactic Holdings Inc to raise funds amid the COVID-19 pandemic......»»

Category: topSource: reutersMay 11th, 2020

Richard Branson And Virgin Group Launch SPAC

Virgin Group is one of the latest large corporations launching a SPAC. VG Acquisition Corp (NYSE: VGAC) comes from Virgin Group and its founder Richard Branson. Current Virgin Group CEO Josh Bayliss will serve as the CEO of VG Acquisition Corp. read more.....»»

Category: blogSource: benzingaSep 17th, 2020

Billionaire investor Chamath Palihapitiya reportedly plans to raise $500 million with 4th SPAC as blank-check spree continues

The news comes hours after Palihapitiya confirmed Social Capital Hedosophia's second SPAC will merge with real-estate tech firm OpenDoor. Brian Ach/Getty Images for TechCrunc.....»»

Category: dealsSource: nytSep 15th, 2020

Richard Branson is offering up his private island as collateral in order to save Virgin Atlantic from collapse

Gareth Cattermole/Getty British billionaire Richard Branson has offered to put his private island up as collateral in order to save his Virgin Atl.....»»

Category: topSource: businessinsiderApr 21st, 2020

Key Words: Richard Branson offers private island as collateral for loans to save his airlines

Billionaire Richard Branson is pleading for government support for his airlines, and has offered up his private island in the Caribbean as collateral on loans......»»

Category: topSource: marketwatchApr 20th, 2020

Virgin Galactic to run as a critical infrastructure business during pandemic

Billionaire Richard Branson's space tourism company Virgin Galactic Holdings Inc will keep running as a critical infrastructure business, even as many U.S. states in which it operates have mandated business closures during the coronavirus outbreak......»»

Category: topSource: reutersApr 12th, 2020

In first public results, Branson"s Virgin Galactic posts $73 million quarterly loss

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company......»»

Category: topSource: reutersFeb 25th, 2020

In first public results, Branson"s Virgin Galactic posts $73 mln quarterly loss

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company......»»

Category: topSource: reutersFeb 25th, 2020

Virgin Galactic"s quarterly loss widens to $73 million

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company......»»

Category: topSource: reutersFeb 25th, 2020

Richard Branson on dyslexics: We"re wired differently

Billionaire businessman Richard Branson dealt with dyslexia as a kid. He's now part of an organization fighting to change pe.....»»

Category: topSource: usatodayNov 6th, 2019

Richard Branson"s Virgin Trains USA lists Pacific Northwest rail in "potential expansion pipeline"

The billionaire's business jet also landed in Seattle after Virgin Trains USA expressed interest in Portland-Seattle-Vancouver, British Columbia railway......»»

Category: topSource: bizjournalsJul 17th, 2019

Billionaire Richard Branson warns "hard Brexit" could sink British pound"s value to dollar

Richard Branson is concerned a no-deal Brexit could hurt the value of the British pound and drop it to the same value as the dollar for the first time ever......»»

Category: topSource: foxnewsJul 11th, 2019

Will Virgin Galactic Take-Off After Going Public?

News broke Tuesday that Virgin Galactic, Richard Branson's space-tourism venture, will go public. Virgin Galactic won't, however, have a traditional IPO. Instead, a special purpose acquisition company, or SPAC, which is already publicly traded, w.....»»

Category: personnelSource: nytJul 10th, 2019

Richard Branson"s Virgin Galactic to go public by year-end

British billionaire Richard Branson's Virgin Galactic plans a stock market listing by the end of the year, giving it the much-needed funds to take on Jeff Bezos' Blue Origin and Elon Musk's SpaceX in the race to space......»»

Category: topSource: reutersJul 9th, 2019

Richard Branson"s Virgin Galactic to launch IPO by end of the year

British billionaire Richard Branson's Virgin Galactic plans a stock market listing by the end of the year, becoming the first space tourism firm to tap public markets for funding......»»

Category: topSource: reutersJul 9th, 2019

Richard Branson’s Virgin Galactic will take tourists to space. Now it's set to go public

British billionaire Richard Branson’s space-tourism unit Virgin Galactic plans to go public later this year, the.....»»

Category: topSource: usatodayJul 9th, 2019