by Sebastian | Dec 21, 2021 | News
Blackstone Inc. has agreed to acquire Bluerock Residential Growth REIT Inc. in a deal valued at $3.6bn, extending its push into U.S. rental housing. Affiliates of Blackstone Real Estate will buy New York-based Bluerock for $24.25 a share, according to a statement...
by Sebastian | Dec 20, 2021 | News
Social gaming platform Rec Room said on Monday it fetched a valuation of $3.5 billion after raising $145 million in a funding round led by hedge fund Coatue Management, riding on the pandemic-fueled boom in digital entertainment. Other existing investors who...
by Sebastian | Dec 20, 2021 | News
Biotechnology company Senti Biosciences Inc has agreed to go public through a merger with blank-check firm Dynamics Special Purpose Corp in a deal that values the combined company at $601 million. Senti, short for “sentient”, uses a gene circuit technology platform...
by Sebastian | Dec 20, 2021 | News
Shares in Italian luxury menswear group Zegna rose on their New York market debut on Monday, after the company completed a merger with a U.S. blank check company in a deal with an enterprise value of $3.1bn. At 1634 GMT, the shares traded at $10.92 apiece, up 6.6%...
by Sebastian | Dec 20, 2021 | News
Wipro on Monday said it will acquire Austin, Texas-headquartered Edgile for $230 million, a move that will strengthen the IT major’s play in the cybersecurity services space. Edgile’s experienced cybersecurity and risk management professionals will allow Wipro to...
by Sebastian | Dec 20, 2021 | News
Oaktree Acquisition Corp. II will merge with Alvotech Holdings, a global biopharmaceutical company, to take the company public in the United States. The deal values the combined company at about $2.25bn, including debt. The downtown-based blank check company is a...
