Private Equity
Airtel Africa Ltd, a subsidiary of India’s Bharti Airtel Ltd, said on Wednesday it raised $1.25 billion from six global investors including SoftBank Group Corp, Warburg Pincus LLC and Temasek Holdings (Private) Ltd.
2 min read · 24 October 2018
Cloudflare Inc, a U.S. startup whose software makes websites load faster and with greater security, is preparing for an initial public offering (IPO) that could value it at more than $3.5 billion, sources told Reuters.
2 min read · 24 October 2018
Innovent Biologics Inc has priced its Hong Kong initial public offering (IPO) near the top of its marketing range to raise $421 million, sources told Reuters, indicating renewed enthusiasm in a sector blighted by falling stocks.
3 min read · 24 October 2018
A group of former executives from Autodesk Inc and Flex Ltd has raised $179 million in venture capital for a manufacturing startup that aims to use a combination of robots and new software to remove much of the manual labor from manufacturing electronic devices, Reuters reported.
2 min read · 23 October 2018
Israeli computer vision firm EyeSight said on Tuesday it raised $15 million in a funding round led by Hong Kong-based Jebsen Capital, Arie Capital and Mizrahi-Tefahot Bank, bringing its total raised to date to $50 million.
1 min read · 23 October 2018
An Australian consortium has kicked off the initial public offering of online property settlements company Property Exchange Australia (PEXA) , seeking to raise up to A$862 million ($610 million), float managers said on Tuesday.
1 min read · 23 October 2018
Dealmaking by private equity firms in Asia has surged this year, data showed, underscoring their rising presence in the region’s otherwise stolid, tycoon-dominated M&A scene, backed by an unmatched warchest, Reuters reported.
3 min read · 23 October 2018
Team8, which creates cybersecurity firms, launched on Tuesday a second fund of $85 million to build about eight cybersecurity and data companies over the next five years, Reuters reported.
1 min read · 23 October 2018
Aluminum products maker Arconic Inc’s (ARNC.N) board of directors is mulling an $11 billion acquisition offer it received last Friday from buyout firm Apollo Global Management LLC (APO.N), Reuters reported.
2 min read · 23 October 2018
The Canada Pension Plan Investment Board is looking to buy part of a stake in Gatwick airport that could be worth more than 3 billion pounds ($3.92 billion), Sky News reported on Friday.
1 min read · 22 October 2018