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...
Ardian Infrastructure Enters Canada With Battery-Storage Deal

Ardian Infrastructure Enters Canada With Battery-Storage Deal

Ardian Infrastructure is betting on growing demand for efficient energy storage with its first infrastructure investment in Canada. The infrastructure unit of Paris-based investor Ardian is forming a joint venture with Enel X, the advanced energy services unit of...