Uruguay’s DLocal valued at nearly $9 billion in Nasdaq debut

Uruguay’s DLocal valued at nearly $9 billion in Nasdaq debut

Shares of DLocal Ltd jumped nearly 48% in their Nasdaq debut on Thursday, giving the Uruguayan cross-border payments firm a market capitalization of about $9 billion. The company’s stock opened at $31, compared with the initial public offering price (IPO) of $21....
Invesco and Searchlight Seek Support for Soccer TV Firm Debt Deal

Invesco and Searchlight Seek Support for Soccer TV Firm Debt Deal

Invesco and Searchlight Capital Partners LP are lobbying creditors of Mediapro to back a restructuring deal enabling them to take a stake in the producer of top-flight Spanish soccer broadcasts left reeling by the pandemic. The investment firms sent a restructuring...