Shares in Italian luxury menswear group Zegna rose on their New York market debut on Monday, after the company completed a merger with a U.S. blank check company in a deal with an enterprise value of $3.1bn. At 1634 GMT, the shares traded at $10.92 apiece, up 6.6%...
Wipro on Monday said it will acquire Austin, Texas-headquartered Edgile for $230 million, a move that will strengthen the IT major’s play in the cybersecurity services space. Edgile’s experienced cybersecurity and risk management professionals will allow Wipro to...
Oaktree Acquisition Corp. II will merge with Alvotech Holdings, a global biopharmaceutical company, to take the company public in the United States. The deal values the combined company at about $2.25bn, including debt. The downtown-based blank check company is a...
U.S. travel software maker Mondee Inc said on Monday it will go public in a merger with blank-check company ITHAX Acquisition Corp, in a deal valuing the combined entity at about $1bn. The deal includes $241.5m in cash held in trust by the acquisition vehicle and $50m...
Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed $210m in a pre-IPO round from single backer Anchor Equity Partners, a Hong Kong-based private equity firm. The latest funding brings its total raised to...