Cordiant Capital has targeted a £300m raise for a digital infrastructure investment trust, as it looks to “capitalise on the surging growth in data consumption and traffic”. The investment manager will look to issue up to 300 million ordinary shares at...
For Alphabet Inc’s Verily, a healthcare venture that is one the tech giant’s most prominent “other bets,” the coronavirus pandemic offered an immediate business opportunity. Starting last February, the company shifted many of its about 1,000 employees to developing...
It’s snowy in Helsinki, but that’s not stopping local food delivery company Wolt. It’s just raised $530m in a round led by ICONIQ Growth to expand its speedily-growing retail delivery service faster and further. This time last year, Wolt had 700 employees, was...
German computer equipment retailer Caseking has been put up for sale in a potential deal worth almost 1 billion euros ($1.22 billion) by its private equity owner, which is hoping to cash in on a pandemic-related jump in sales, people close to the matter said. Gilde is...
The Eurazeo group raised EUR2.8 billion from its investor partners across 2020, an increase of 18 per cent compared with 2019. Amid a volatile context caused by the Covid-19 crisis, this strong performance provides further vindication of Eurazeo’s strategy of...