Ant Group, Alibaba’s fintech arm and China’s dominant mobile payments firm, on Tuesday filed for a dual listing in Hong Kong and on Shanghai’s Nasdaq-style STAR Market which could raise as much as $30 billion and become the world’s largest IPO ever. Ant’s initial...
BT stock jumped on Monday after the British telecoms giant went on high alert against a potential takeover as decade-low share prices left it vulnerable to a bid. The UK’s largest telecom group has tasked Goldman Sachs bankers with updating the company’s takeover...
Venture capital funds proliferated outside the US over the past decade, but few of them can match funds based in the industry’s home for performance. Eight of the 10 best-performing firms are located in the US, according to a ranking compiled by Oliver Gottschalg, who...
ReliaQuest, an advanced cybersecurity managed service and intelligence platform for global enterprises, today announced it has raised over $300 million in growth financing in a round led by leading global investment firm KKR, with participation from Ten...
Billionaire Bill Gates is leading satellite antenna firm Kymeta’s latest funding round with a $78 million (59 million pounds) investment, the company’s president told Reuters. Redmond, Washington-based Kymeta, which sells pizza box-sized antennas for installation on... 