Press Digest

Billionaire wants to take tech company private

Israeli billionaire Teddy Sagi’s investment office Unikmind has made a takeover bid worth £1.25 billion for UK-listed tech company Kape Technologies, according to the Financial Times. 

Rothschilds bring in other families to back plans for bank

Members of the Rothschilds are asking some of Europe’s wealthiest families to back their efforts to take their bank, Rothschild & Co, private, according to various press sources. Among the families approached are the Wertheimer brothers, who own Chanel through their family office, Mousse Partners, the Peugeot family, and France’s Dassault family. Read more about the Rothschild move to take their bank private here. 

Soros’s family office increases exposure to cryptocurrency-related stocks

George Soros’s family office Soros Fund Management bought shares in a number of cryptocurrency-related stocks, including The crypto miner Marathon Digital and crypto-friendly bank Silvergate Capital, according to Barron’s. The family office also bought shares in Tesla and Pelonton.