Finnish real estate company Kojamo Oyj on Thursday was valued at 2.1 billion euros ($2.5 billion) in its initial public offering ahead of its market debut on Friday, Reuters reported.
1 min read · 14 June 2018
Australia’s Sirtex Medical (SRX.AX) has picked the highest bidder in a takeover battle for the liver cancer specialist, going with a $1.4 billion Chinese offer that trumped U.S. company Varian Medical Systems (VAR.N), Reuters reported.
2 min read · 14 June 2018
China’s Lufax aims to raise up to $2 billion in fresh funding, valuing one of the country’s largest online wealth management platforms at $40 billion, as it opts for private investment ahead of a delayed listing, sources told Reuters.
2 min read · 14 June 2018
Adyen, (ADYEN_w.AS), which processes payments for Netflix (NFLX.O), Facebook (FB.O) and eBay (EBAY.O), saw its value double to $17 billion in a market debut on Wednesday reminiscent of the 1999 tech bubble, Reuters reported.
4 min read · 13 June 2018
Toyota Motor Corp has agreed to buy a $1 billion stake in Southeast Asia’s Grab in the biggest investment by a carmaker into a ride-hailing firm, at a time when traditional automakers are racing to team up with disruptive tech companies, Reuters reported.
3 min read · 13 June 2018
Abu Dhabi’s Mubadala Investment Company said on Wednesday it plans to launch a $400 million fund to invest in leading European technology companies.
2 min read · 13 June 2018
Private equity firm BC Partners has bought Italy’s Forno d’Asolo in a deal that implies an enterprise value for the pastry company of around 300 million euros ($353 million), a source told Reuters.
1 min read · 13 June 2018
Start-up Bloom Energy Corp, which makes fuel cell boxes that can power an entire building, filed for an initial public offering with the U.S. Securities and Exchange Commission late on Tuesday, Reuters reported.
1 min read · 13 June 2018
A creditor of Dubai-based Abraaj has started legal proceedings in the Cayman Islands seeking the restructuring of the private equity firm’s liabilities, Reuters reported.
3 min read · 13 June 2018
Australia’s Investa Office Fund (IOF) (IOF.AX) and Blackstone Group (BX.N) on Wednesday entered into a scheme implementation agreement through which the U.S. private equity giant would acquire real estate investment trust for A$3.08 billion ($2.3 billion), Reuters reported.
1 min read · 13 June 2018