by Sebastian | Mar 8, 2021 | News
Quantum computing company IonQ Inc said on Monday it will go public through a merger with a blank-check firm in a deal that gives the combined company a pro-forma market capitalisation of $2 billion. The merger will provide IonQ with gross proceeds of $650 million,...
by Sebastian | Mar 8, 2021 | News
Sportradar is going public in a deal with blank check firm Horizon Acquisition Corp. II that values the sports data company at $10 billion, according to someone familiar with the negotiations. Sportradar and the SPAC led by Los Angeles Dodgers minority owner and...
by Sebastian | Mar 8, 2021 | News
It can be dizzying to think about the vast range of ways in which the pandemic has transformed society. One of the most prominent examples is the boom in delivery services of all kinds. Consumers still want to buy groceries, get meals from restaurants, and shop for...
by Sebastian | Mar 8, 2021 | News
Private equity firm Warburg Pincus LLC will invest in billionaire Gautam Adani’s port business just as the tycoon grabs 30% market share in the industry in India. Warburg will invest 8 billion rupees ($110 million) for a 0.49% stake in Adani Ports and Special Economic...
by Sebastian | Mar 7, 2021 | News
Private equity firm TDR Capital has made a fourth offer for European investor and asset manager Arrow Global, the companies said on Monday, at a price of 305 pence per share. Arrow, which buys defaulted customer accounts from retail banks and credit card companies,...
by Sebastian | Mar 7, 2021 | News
It’s happening. Rugby Australia has voted to proceed with securing private equity for the game. But there is a sting in the tail, with RA chairman Hamish McLennan linking the states’ support of constitutional reform to what could prove to be one of the most...
