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  • News & Insights
Swiggy close to raising $450 million from SoftBank Vision Fund

Swiggy close to raising $450 million from SoftBank Vision Fund

by Sebastian | Apr 15, 2021 | News

Softbank  Vision Fund is finalizing a new investment of $450 million in a popular food delivery application Swiggy. This has been decided after years of evaluation and analysis of the sector and industry.  The reports say the new investment deal is likely to value...
Thermo Fisher Nears Deal to Buy PE-backed PPD for Over $15 Billion

Thermo Fisher Nears Deal to Buy PE-backed PPD for Over $15 Billion

by Sebastian | Apr 15, 2021 | News

Thermo Fisher Scientific Inc. is nearing a deal to buy pharmaceutical-testing company PPD Inc. for more than $15 billion, according to people familiar with the matter, in what would be the latest tie-up among companies that run clinical trials and provide other...
Telstra held talks with private equity firm about international merger

Telstra held talks with private equity firm about international merger

by Sebastian | Apr 15, 2021 | News

Telstra held advanced talks with a private equity firm to combine its international division with Hong-Kong based operator PCCW Global, in a clear sign of the $41 billion telco giant’s plans to grow its business outside of Australia. Industry sources familiar with the...
KKR-backed AppLovin raises $2 billion in U.S. IPO at $28.64 billion valuation

KKR-backed AppLovin raises $2 billion in U.S. IPO at $28.64 billion valuation

by Sebastian | Apr 15, 2021 | News

Mobile app and gaming company AppLovin Corp said on Thursday it priced its initial public offering at $80 per share, the mid-point of its previously set range, placing the company’s valuation at $28.64 billion. At this price, AppLovin, backed by private equity giant...
Brightstar Capital Partners Closes Fund II at $1.27 Billion Hard Cap

Brightstar Capital Partners Closes Fund II at $1.27 Billion Hard Cap

by Sebastian | Apr 15, 2021 | News

Brightstar Capital Partners, a private equity firm focused on partnering with families, founders, entrepreneurs, and management teams, announced today that it has successfully closed its second flagship fund at its hard cap, with total commitments of approximately...
Apollo in talks to sell Slovenian bank Nova to Hungary’s OTP for $1.2 billion

Apollo in talks to sell Slovenian bank Nova to Hungary’s OTP for $1.2 billion

by Sebastian | Apr 15, 2021 | News

Hungary’s biggest lender OTP is in talks to buy Slovenian bank Nova KBM from private equity group Apollo in a deal worth roughly $1.2 billion, people close to the matter said. OTP has sought to expand its footprint in the Balkans in recent years. It has bought large...
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