Poland’s answer to Amazon seeks record ecommerce IPO

Poland’s answer to Amazon seeks record ecommerce IPO

Allegro, the leading Polish ecommerce company backed by Cinven and Permira, is planning to go public in what will be the country’s largest-ever ecommerce listing. The company, which will list on the Warsaw Stock Exchange (GPW), is seen as a rival to the likes...
Blank check IPOs in Europe show signs of life

Blank check IPOs in Europe show signs of life

Europe has missed out on the wave of initial public offerings of so-called blank check companies, one of the drivers of equity markets activity in the US this year. To help address this dearth, the London Stock Exchange is reviewing ways to ignite its market for such...
Klarna valued at $11bn after fresh investment for fintech

Klarna valued at $11bn after fresh investment for fintech

Silver Lake, Singapore’s sovereign wealth fund GIC and BlackRock are investing $650m in Klarna, valuing the Swedish “buy-now, pay-later” group at more than $11bn ahead of a likely stock market listing by the most valuable private fintech in Europe. Silver Lake, the US...
Blackstone to Boost Mobile-Home Bet With $550 Million Deal

Blackstone to Boost Mobile-Home Bet With $550 Million Deal

Blackstone Group Inc. is pouring more cash into mobile-home parks, a corner of the commercial real estate market that is holding up in the pandemic. The alternative asset manager is in exclusive talks to acquire roughly 40 parks from Summit Communities for about $550...
UPDATE: 5 big things to know about the $40B Nvidia-Arm acquisition

UPDATE: 5 big things to know about the $40B Nvidia-Arm acquisition

Nvidia is set to make a tectonic shift in the computing landscape with its proposed US$40 billion acquisition of Arm, but with the British chip designer‘s technology so widely used across the industry, the deal is likely to face heavy scrutiny from industry players...