by Sebastian | Dec 11, 2020 | News
A group of 30 asset managers with more than $9 trillion under management launched the Net Zero Asset Managers Initiative on Friday to help clients ensure their portfolios are carbon neutral by 2050. The group, which includes Schroders and UBS Asset Management, said it...
by Sebastian | Dec 11, 2020 | News
Hyundai Motor Group and its chairman have agreed to buy an 80% stake in Boston Dynamics from SoftBank Group Corp, as the South Korean automaker group seeks to expand factory automation and design autonomous cars, drones and robots. Hyundai Motor Group said on Friday...
by Sebastian | Dec 11, 2020 | News
U.S. private equity firms Sequoia Capital and KKR & Co are leading ByteDance’s latest funding round that will value the Chinese tech giant and TikTok owner at $180 billion, two people familiar with the matter said. The funding round, which aims to raise $2 billion...
by Sebastian | Dec 11, 2020 | News
It’s been a long time coming. Speculation over Airbnb’s initial public offering has been in the works for at least half a decade. On Thursday, the short-term home rental company made its debut on Wall Street with its share price opening at $146 and closing...
by Sebastian | Dec 11, 2020 | News
Private equity firm CVC Capital Partners will buy Myanmar’s largest telecom tower company, Irrawaddy Green Towers, for an enterprise value of about $700 million, sources familiar with the matter told Reuters on Friday. The sale of privately-held Irrawaddy, which owns...
by Sebastian | Dec 11, 2020 | News, NPCD
U.S. drug development consultancy Certara Inc said on Thursday it sold shares in its initial public offering at $23 apiece, above its target range, to raise about $670 million. The IPO valued Certara, which is owned by Stockholm-based private equity firm EQT, at $3.5...
