by Sebastian | Dec 28, 2020 | News
Alternative investment general partner-led secondary market transactions are expected to increase in 2021, giving managers additional exit options and relieving the pressure of selling companies during the COVID-19 pandemic. GP-led transactions involving single assets...
by Sebastian | Dec 28, 2020 | Nasdaq, News
The list of Israeli companies mulling entering Nasdaq via a SPAC continues to grow, with REE Automotive, which develops modular platforms for electric vehicles, in negotiations to go public at a valuation of between $3-4 billion, a source told Calcalist under the...
by Sebastian | Dec 28, 2020 | News
Sandvik has agreed to buy DSI Underground from Triton for €943 million. DSI is a €500 million revenue business that provides ground support and reinforcement technology for underground mines and tunnels. DSI, which will become part of Sandvik’s Mining and Rock...
by Sebastian | Dec 28, 2020 | News
A lot happened in 2020, to say the least. But it was also the year of the special purpose acquisition company (or SPAC), also known as a “blank check company.” These are holding companies that go public with essentially no business attached. Their sole...
by Sebastian | Dec 28, 2020 | News
Chinese online tutor Zuoyebang has raised more than $1.6 billion in a new funding round from investors including Alibaba Group and SoftBank’s Vision Fund, the company said on Monday. Existing investors Tiger Global, Sequoia Capital China and FountainVest Partners have...
by Sebastian | Dec 27, 2020 | News
More than three dozen retailers, including the nation’s oldest department store chain, filed for bankruptcy this year, marking an 11-year high. Pre-pandemic, several of these retailers were already teetering on the brink of survival. But the Covid health crisis...
