Mark Walter's TWG $10B Mubadala capital raise delayed amid DOJ probe
TWG Global's planned $10 billion capital raise with Mubadala Capital has been delayed for about 15 months with no money exchanged, per Bloomberg, as the DOJ and SEC investigate parts of Mark Walter's business empire including TWG.
Detected & updated continuously · Source: Nebula
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MARK WALTER’S $10B CAPITAL RAISE DELAYED AMID DOJ PROBE TWG Global’s planned deal with Mubadala Capital has been stuck for about 15 months, with no money exchanged yet, per Bloomberg. The delay comes as the DOJ investigates parts of Walter’s broader business empire, including https://t.co/RITZ6Hzn3P
@edzitron
Don't see anyone else discussing that Mark Walter's TWG, which is currently under investigation by the Department of Justice and SEC, led Lambda's last funding round