Virgin Group founder Richard Branson and the union representing the bulk of workers at collapsed airline Virgin Australia have thrown their support behind Bain Capital, saying they will back the proposal from the private equity outfit to resuscitate the stricken...
German credit marketplace Auxmoney said it has raised €150m in one of Europe’s largest funding rounds for a financial-technology company in 2020 so far. The equity raise was led by US private equity firm Centerbridge Partners, which is also acquiring shares from...
QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG (VOWG_p.DE), said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion. San Jose-based...
U.S. wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in India’s Vodafone Idea Ltd, the Mint newspaper reported on Thursday, sending shares in the struggling Indian telecom firm up as much as 14%. The news...
Special purpose acquisition company is a boring name for something generating a ton of excitement in financial circles this year. How about “blank check companies” — that’s more appealing. Or the idea of billion-dollar pools of cash, or the chance to buy into... 