Gopuff valued at $15bn after raising funds from global investors

Gopuff valued at $15bn after raising funds from global investors

Delivery startup Gopuff said on Friday it raised $1bn from global investors, including Guggenheim Investments and SoftBank Vision Fund 1, valuing the company at around $15bn. The new valuation represents a jump of nearly 69% from $8.9 billion that the company was...
Apollo Books $1.6bn Gain Selling Hospital Chain to Itself

Apollo Books $1.6bn Gain Selling Hospital Chain to Itself

Apollo Global Management Inc. booked a $1.6 billion gain for its 2013 buyout fund by selling its majority stake in rural hospital chain LifePoint Health to another Apollo fund. The firm’s eighth flagship fund completed the sale to its ninth last month for $2.6...
Grill Maker Weber Sets IPO Terms That Could Put Market Cap at $5bn

Grill Maker Weber Sets IPO Terms That Could Put Market Cap at $5bn

Weber, backed by BDT Capital Partners, said it plans to sell nearly 46.9 million shares at between $15 and $17 apiece in an initial public offering that could give the grill maker a market capitalization of around $5bn. At the $16 midpoint of the expected price range,...