An
investment conglomerate refers to a large company or organization that invests money into various businesses. These conglomerates typically own multiple companies and make investments in different sectors in order to diversify their portfolio and potentially increase their profits.
Full definition
Notable signatories include IOHK CEO and former ethereum CEO Charles Hoskinson and Barry Silbert, the founder and CEO of
investment conglomerate Digital Currency Group (DCG).
Energy Group, a
Nigerian investment conglomerate that currently owns the lender, is ready to be diluted to a 30 percent stake as a result of the share sale, Yeboah said.
The 9BS Group is an international consulting, management, trade and
investment conglomerate renowned for providing innovative solutions, services and products throughout Africa.
The most likely candidate would be Tencent, a
Chinese investment conglomerate that already owns 40 % of Epic Games and also handles localization for battle royale title PlayerUnknown's Battlegrounds in China.
Unless you're a history buff or a dedicated Buffett disciple, you might not have known that Berkshire Hathaway was not always an insurance and
investment conglomerate.