Shares of Unity Software Inc soared in their debut on the New York Stock Exchange on Friday, giving the gaming platform a market value of around $18 billion and signaling sustained demand for new stocks. The Silicon Valley startup’s stock, which debuted on the New...
Illumina Inc. said on Monday it would buy cancer screening startup Grail Inc in a cash-and-stock deal worth $8 billion (£6.23 billion), buying out investors including Jeff Bezos and snatching back a business it hived off four years ago as a separate company. Illumina...
Iliad’s move to buy Polish mobile group Play in a $4.2 billion deal got a cool reception from investors on Monday as the French company already faces heavy investments in France and Italy. The surprise bid would allow Iliad, controlled by French tycoon Xavier Niel, to...
The nation’s highest court may soon help resolve a question at the center of bitter disputes in recent years: whether private equity firms can walk away from the pension obligations of companies in which they invest. In August, the New England Teamsters & Trucking...
Over the past decade, investment advisers have embraced data technology to help their clients better manage and monitor their private markets portfolios. Now, the coronavirus pandemic and the market volatility that has come in its wake are putting those platforms to... 