CB

Catherine Badour

Israel's Hailo raises $12.5 mln to develop deep learning chip: Reuters

Israel’s Hailo, which is developing a chip for deep learning, said on Tuesday it has raised $12.5 million, bringing its total raised to date to $16 million, Reuters reported.

1 min read · 05 June 2018

Dutch fintech Adyen valued at up to $8.3 billion as investors seek shares: Reuters

The listing of Adyen, the Dutch firm whose payments processing technology is used by Facebook and Netflix, got off to a strong start on Tuesday when investor demand for its shares covered those on offer within an hour, Reuters reported.

2 min read · 05 June 2018

Abraaj says secured creditors expected to imminently conclude standstill on debt obligations: Reuters

Dubai-based private equity firm Abraaj said on Monday its secured creditors are expected to “imminently conclude” a standstill on its debt obligations, Reuters reported.

1 min read · 04 June 2018

China's Xiaomi plans $3 bln CDRs in blockbuster July IPO, say sources: Reuters

Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, sources told Reuters.

2 min read · 04 June 2018

Tech backer White Star Capital raises $180 million for second fund: Reuters

White Star Capital, the start-up funder co-founded by ex-technology deals banker Eric Martineau-Fortin, has raised a second, $180 million fund that was significantly oversubscribed, Reuters reported.

1 min read · 04 June 2018

Scandinavian payments group Nets to merge with German peer Concardis: Reuters

Scandinavian payments group Nets is planning to merge with German peer Concardis in a roughly $6 billion transaction, adding to a string of deals in the rapidly consolidating industry, Reuters reported.

2 min read · 04 June 2018

Germany's Home24 to have market value of up to 650 mln euros post-IPO: Reuters

German online furniture retailer Home24 has set the price range for its initial public offering (IPO) at 19.50 to 24.50 euros, which would give it a market value of 530 million to 650 million euros ($618-758 mln) following its stock market flotation, Reuters reported.

2 min read · 01 June 2018

KKR's Kravis says Japanese companies ripe for more carveouts: Reuters

Private equity firm KKR & Co LP (KKR.N) wants to buy divisions from Japanese companies seeking to streamline their businesses in the world’s third-largest economy, co-Chief Executive Henry Kravis said on Friday.

1 min read · 01 June 2018

China's Pengxin in talks to buy Indonesian gold mine Martabe: WSJ

China’s Pengxin International Mining Co Ltd (600490.SS) is in advanced talks to buy Indonesian gold and silver mine Martabe from a consortium led by EMR Capital, for about $1.5 billion, the Wall Street Journal reported on Friday, citing sources.

1 min read · 01 June 2018

Toshiba completes $18 billion sale of chip unit to Bain consortium: Reuters

Japan’s Toshiba Corp said on Friday it had completed the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital.

1 min read · 01 June 2018

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