Jonathan Ross left Google to launch next-generation semiconductor startup Groq in 2016. The California-based firm said that it had raised $300 million led by Tiger Global Management and billionaire investor Dan Sundheim’s D1 Capital as it officially launched into...
Ares Management Corporation is the latest investor looking to capitalize on growing distress in senior housing having raised $1.7 billion in commitments for its newest opportunity fund, beating its $1.5 billion target. Distressed senior housing is expected to play a...
Softbank Vision Fund is finalizing a new investment of $450 million in a popular food delivery application Swiggy. This has been decided after years of evaluation and analysis of the sector and industry. The reports say the new investment deal is likely to value...
Thermo Fisher Scientific Inc. is nearing a deal to buy pharmaceutical-testing company PPD Inc. for more than $15 billion, according to people familiar with the matter, in what would be the latest tie-up among companies that run clinical trials and provide other...
Telstra held advanced talks with a private equity firm to combine its international division with Hong-Kong based operator PCCW Global, in a clear sign of the $41 billion telco giant’s plans to grow its business outside of Australia. Industry sources familiar with the...
