Swedish payments firm Klarna is close to raising a new round of funding from a group of investors including SoftBank that could lift the company’s valuation close to $50 billion, three sources told Reuters. The latest fundraising is expected to be Klarna’s final...
Private equity firm TA Associates is planning a London listing for Czech firm W.A.G. payment solutions, also known as Eurowag, two sources said, reaffirming the London Stock Exchange’s ability to attract European companies post-Brexit. Citi, Jefferies and Morgan...
Investors in British companies are taking a stand against cheap takeovers. Shares in UK-listed groups like Spire Healthcare and Vectura are trading above the price of recently agreed offers. Big shareholders including Allianz Global Investors complain that some deals...
Rockbridge Growth Equity Management has held a final closing on RB Equity Fund II, and RB Equity Fund II-A, a new $345 million private equity fund. Fund II will focus on digital media & e-commerce, tech-enabled products & services, financial services and...
HarbourVest Partners is seeking $3.5 billion for its sixth co-investment fund as institutional investors look to broaden their exposure to private equity deals. The firm plans to make 40 to 55 investments in deals with alternative asset managers that focus primarily...