Adyen, a Dutch company that processes payments for companies including Airbnb, Uber, Spotify and Netflix, is eyeing a stock market listing in June that could value it at 6-9 billion euros ($7-$11 billion), sources told Reuters.
2 min read · 09 April 2018
Aston Martin is preparing to appoint three banks to manage a possible London stock market listing of the luxury car manufacturer that could value it at between 4 billion pounds and 5 billion pounds ($5.6 billion to $7 billion), a source told Reuters.
1 min read · 09 April 2018
Transport firm Ceva Logistics announced a flotation on Monday to cut debt and drugmaker Polyphor outlined its listing plans to raise cash for the development of pipeline hopefuls, extending this year’s run of Swiss stock offerings, Reuters reported.
2 min read · 09 April 2018
Pivotal Software Inc, a division of Dell Technologies Inc, said on Monday it expects its initial public offering of 37 million Class A shares to raise up to $592 million, Reuters reported.
1 min read · 09 April 2018
Singapore’s loss-making Ezion Holdings Ltd (EZHL.SI), which operates ships used in the oil and gas industry, said it will raise up to S$50 million ($38 million) by issuing new shares and granting options to a subsidiary of state investor Temasek Holdings .
1 min read · 06 April 2018
Private equity firm Kimmeridge Energy Management Co said on Thursday it had boosted its stake in Carrizo Oil & Gas Inc (CRZO.O) by more than 65 percent and wants the U.S. shale producer to sell assets or combine with a rival to boost its share price.
2 min read · 06 April 2018
China’s Ausnutria Dairy Corporation Ltd (1717.HK) said on Friday that CITIC Agri Fund Management Co Ltd would buy a 25.18 percent stake for a total of HK$1.96 billion ($250 million), becoming the dairy products supplier’s biggest shareholder.
1 min read · 06 April 2018
Buyout giant Carlyle Group LP (CG.O) will buy Australia’s Accolade Wines from a local private equity firm for A$1 billion ($770 million), triple what the Australians paid seven years ago and underscoring the investment appeal of China’s wine market, Reuters reported.
2 min read · 05 April 2018
French buyout group Ardian is planning to sell its 25.5 percent stake in Luxembourg utility Encevo after it was unable to push through expansion plans, sources told Reuters.
2 min read · 05 April 2018
Danish telecoms company TDC (TDC.CO) said it had secured enough backing from shareholders to accept a $6.6 billion cash offer from Australia’s Macquarie (MQG.AX) and three Danish pension funds, Reuters reported.
1 min read · 05 April 2018