Equity Financing

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

Published 15/08/2020

(This August 13 story corrects to show that 2019 and 2020 H1 results are based on different accounting standards in paragraph 3, changes percentage change [more…]

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Published 11/08/2020

BOSTON (Reuters) - Investor Fredric Zaino, who spent 15 years at hedge fund Millennium Management, has launched his own firm and plans to invest in [more…]

SoftBank spent $3.8 billion on buybacks in July, August

SoftBank spent $3.8 billion on buybacks in July, August

Published 03/08/2020

TOKYO (Reuters) - SoftBank Group Corp on Monday said it spent 398 billion yen ($3.8 billion) buying back 63.2 million shares between July 1 and [more…]

Factbox: Intesa eyes integration, growth after UBI bid succeeds

Factbox: Intesa eyes integration, growth after UBI bid succeeds

Published 28/07/2020

MILAN (Reuters) - Intesa Sanpaolo (ISP.MI) succeeded in its bid for UBI Banca (UBI.MI) on Tuesday after acquiring two thirds of its target’s shares to [more…]

Qualtrics float would be ‘win-win’ proposition: SAP CEO

Qualtrics float would be ‘win-win’ proposition: SAP CEO

Published 27/07/2020

BERLIN (Reuters) - SAP’s (SAPG.DE) plans to float online sentiment tracking business Qualtrics would be a “win-win” proposition, CEO Christian Klein said on Monday, as [more…]

Ackman’s blank check company raises IPO target to $4 billion

Ackman’s blank check company raises IPO target to $4 billion

Published 13/07/2020

(Reuters) - Pershing Square Tontine Holdings Ltd, the blank check company backed by billionaire investor Bill Ackman, has increased the size of its initial public [more…]

Electric car maker Fisker to go public through SPAC deal at $2.9 billion valuation

Electric car maker Fisker to go public through SPAC deal at $2.9 billion valuation

Published 13/07/2020

(Reuters) - Electric car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management [more…]

CoreLogic rejects $7 billion takeover bid from investment firms

CoreLogic rejects $7 billion takeover bid from investment firms

Published 07/07/2020

(Reuters) - Property data and analytics company CoreLogic rejected an unsolicited $7 billion takeover offer from two investment firms on Tuesday, saying it expected to [more…]

Uber, Postmates agree on $2.65 billion all-stock deal: Bloomberg News

Uber, Postmates agree on $2.65 billion all-stock deal: Bloomberg News

Published 06/07/2020

(Reuters) - Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg [more…]

Global hedge fund liquidations surge as coronavirus hurts returns: data

Global hedge fund liquidations surge as coronavirus hurts returns: data

Published 30/06/2020

BOSTON (Reuters) - More hedge funds went out of business during the first three months of 2020 than at any other time since 2015 as [more…]