Fitness tracker startup Whoop said on Wednesday it raised $100 million in Series E funding from investors including venture capital firm IVP and SoftBank Vision Fund 2, valuing the company at $1.2 billion. Popular athletes like 10-time NBA All-Star Kevin Durant, Super...
A dozen years on from the collapse of Lehman Brothers, some of its remaining creditors received word that a payment would be coming their way. The announcement last month that holders of two “enhanced capital advantaged preferred securities” issued by Lehman with a...
Itiviti’s technology is used by investment banks that are benefiting from a surge in equity volatility amid the coronavirus pandemic. Its products include the NYFIX order routing network, which connects more than 1,600 brokerages and fund managers, according to its...
GetYourGuide Deutschland GmbH, a booking startup backed by SoftBank Group Corp., has raised 114 million euros ($134 million) via a convertible loan, after the pandemic continues to disrupt the travel industry. The investment was lead by private equity firm Searchlight...
Carlyle has acquired Siemens’ Flender mechanical and electrical drive technology business for €2bn. Headquartered in Bocholt, Germany, and active in 35 countries including across Europe and Asia, Flender employs about 8,600 people and had sales of €2.2bn in FY20. The... 