by Sebastian | Jan 5, 2021 | News
An exclusive club of SPACs backed by private equity, venture capital and hedge fund titans may have a New Year’s resolution: Deploy tens of billions of dollars, upend the conventional IPO and deliver huge returns with modest risk. And they have less than two...
by Sebastian | Jan 5, 2021 | News
Chinese digital healthcare technology firm DXY has raised $500 million financing led by Trustbridge Partners and backed by Tencent Investment and GL Ventures, according to an announcement. With the fresh funding, DXY will strengthen collaboration with professional...
by Sebastian | Jan 5, 2021 | News
Patria Investments, a Latin America-focused investor that has been partially owned by Blackstone for the past decade, is setting the table for a seldom-seen event: A public offering for a private equity firm. Patria has filed to go public on the Nasdaq, a move that...
by Sebastian | Jan 4, 2021 | News
Countrywide has accepted a revised £130m acquisition offer from Connells after rejecting its initial proposals. Countrywide’s shareholders have agreed terms of a recommended cash offer at 395p a share. Connells initially offered 250p a share in early November...
by Sebastian | Jan 4, 2021 | News
Brookfield Asset Management is paying $5.9 billion to buy the remaining units of its real estate division that it doesn’t already own and take it private. Brookfield Property Partners unitholders can choose $16.50 in cash per unit, 0.40 Brookfield Class A...
by Sebastian | Jan 4, 2021 | News
Fundraising by London-listed businesses reached its highest level in a decade last year as the pandemic drove companies to raise money on public markets. 2020 saw the value of secondary equity raisings on the London Stock Exchange nearly double from £14.5bn in 2019 to...
