Natural consumer products maker Grove Collaborative on Wednesday agreed to go public through a merger with a blank-check firm backed by billionaire Richard Branson, in a deal valuing the combined entity at about $1.5bn, including debt. Grove, which makes eco-friendly...
Online mental health startup Cerebral has raised $300m in a funding round led by SoftBank Vision Fund 2, it said on Wednesday, lifting its valuation fourfold to $4.8bn in less six months after the last capital raise. The San Francisco-based company, which signed...
Britain’s Clinigen Group has agreed to be bought by UK-based private-equity firm Triton Investment Management in a deal that values the pharmaceutical services firm at about $1.6bn, the companies said on Wednesday. Last week, Clinigen had confirmed advanced...
UK-based environmental, social and governance (ESG) equity funds saw a record $2bn in inflows in November as COP26 climate talks spurred investor interest in sustainability, according to funds network Calastone. The climate summit in Glasgow, Scotland, in the early...
Private equity firm PAG has held informal talks with a few suitors interested in AirPower Technologies, China’s largest independent producer of industrial gases, three people familiar with the situation told Reuters. Potential buyers include Macquarie... 