Volkswagen has received a $9.2 billion offer for Lamborghini, British weekly magazine Autocar reported on Tuesday, though VW’s Audi said the supercar brand was not for sale. The non-binding offer sets out terms for the purchase of Automobili Lamborghini by...
Luke Johnson, one of Britain’s best-known hospitality entrepreneurs, is baking a fresh attempt to sell Gail’s, the upmarket café chain which has seen a sharp sales rebound despite the pandemic’s impact on the restaurant sector. Sky News has learnt...
SoftBank Group Corp’s Vision Fund 2 has invested $250m in Zeta, valuing it at $1.45bn, the banking technology startup said on Monday. Zeta, founded in 2015, will use the proceeds of the funding round to accelerate growth in the United States and Europe including...
Riiid Inc, a South Korean AI tutorial startup, on Monday said it raised $175m from SoftBank Group Corp’s Vision Fund 2 as it looks to shake up the world of standardised testing, and take its technology to public schools. Venture capital’s funding of education tech...
Centessa Pharmaceuticals Plc, the newly formed biopharma company backed by private equity firm General Atlantic, said on Monday it was aiming for a valuation of up to $1.7bn in its initial public offering in the United States. Formed in October, Centessa received...