Catherine Badour

Japanese marketplace app Mercari launches $1.1 billion IPO: Reuters

Flea market app operator Mercari Inc has received approval for an initial public offering in Tokyo that will raise up to $1.1 billion, a regulatory filing showed on Monday, giving investors a rare chance to buy into a Japanese unicorn.

IWG shares jump on prospect of three-way bidding war: Reuters

IWG (IWG.L) shares surged as much as 24 percent after the British serviced office provider disclosed it had received takeover approaches from a trio of suitors, stoking speculation it could fetch a price of $4.4 billion in a bidding war, Reuters reported.

TPG invests $47.5 mln in Kenyan digital payments firm Cellulant: Reuters

Private investment firm TPG has paid $47.5 million to acquire an unspecified stake in Kenyan digital payments firm Cellulant, which operates in 11 African markets, both firms said on Monday, Reuters reported.

Aurora scores MedReleaf for $2.5 billion in pot mega-merger: Reuters

Aurora Cannabis Inc will buy rival MedReleaf Corp for C$3.2 billion ($2.51 billion), the companies said on Monday, the biggest deal yet to unify major Canadian marijuana growers.

Virgin Mobile Middle East raises $30 million in pre-IPO financing: Reuters

Virgin Mobile Middle East and Africa (VMMEA), part-owned by British entrepreneur Richard Branson’s Virgin Group, has raised $30 million via Islamic bonds ahead of a proposed initial public offering, Reuters reported.

SoftBank, PIF in early funding talks with banks on huge solar project, say sources: Reuters

SoftBank Group Corp (9984.T) and Saudi Arabia’s Public Investment Fund are in early talks with banks about potential funding for a multi-billion dollar solar power project planned in the kingdom, sources told Reuters.

KKCG says has submitted bid for Czech Innogy assets: Reuters

Czech investment group KKCG said on Friday it had submitted a bid to buy all Czech assets of German energy firm Innogy (IGY.DE).

Louis Dreyfus completes $466 million sale of metals unit to Chinese fund: Reuters

Louis Dreyfus Company said on Friday it had completed the sale of its metals business to a Chinese investment fund for $466 million, as part of a push to revive profits by focusing on its core agricultural markets.

Former Tiger Global executive joins Jeneration Capital as CIO: Reuters

Hong Kong-based fund Jeneration Capital Management said on Tuesday that Jason Tan, formerly a global partner at investment firm Tiger Global Management LLC, has joined as partner and chief investment officer.

Chinese gaming firm Huya prices IPO in New York at $12 per share, say source: Reuters

The initial public offering of Chinese game-streaming platform Huya Inc on the New York Stock Exchange was priced at $12 per share, a source told Reuters, at the upper-end of the indicated price range.