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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Activist investor Bill Ackman has taken a stake of more than $2.3bn in the ride-share company Uber, snapping up shares that he said were priced at a “massive discount”.
Ackman announced the new stake after Uber posted weaker than expected fourth-quarter earnings this week, but heralded what it claimed was a more than “$1tn-plus opportunity” that autonomous…
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