HSBC will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750 billion and $1 trillion (772 billion pounds) in financing to help clients make the transition, Chief Executive Noel Quinn told Reuters. The...
Billionaire investor Bill Ackman has provided further hints on the potential targets of his blank-check company. Pershing Square Tontine Holdings Ltd., which had the largest initial public offering ever of a special-purpose acquisition company when it debuted in July,...
Exchange operator Euronext is acquiring the Borsa Italiana Group from the London Stock Exchange in a €4.3bn deal. The announcement of the deal follows the Paris-headquartered Euronext’s 18 September statement that it had entered into exclusive discussions with LSE...
Plenty of private equity firms have helped drive this year’s boom in special-purpose acquisition companies. And at TPG Capital, a single SPAC isn’t enough. A pair of SPACs backed by the firm priced IPOs on Tuesday and began trading Wednesday, with TPG Pace...
Delivery startup Instacart on Thursday said it raised $200 million in its latest round, valuing the company at $17.7 billion as it cashes in on a surge in online shopping due to the COVID-19 pandemic. In June, Instacart raised $225 million, and the company was valued... 