Bird Rides said on Wednesday it would merge with blank-check company Switchback II Corp to go public in a deal valuing the electric scooter rental company at $2.3bn. The scooter startup said the deal would be supported by a private investment of $160m from Fidelity...
Paris-based private equity house Eurazeo is to sell its 49% stake in the Virginia-based automotive online advertising firm Trader Interactive for a sum reported to be $624m. The sale is being made to Carsales, the largest online automotive advertising platform in...
Germany’s top-flight soccer league has drawn up a shortlist of buyout funds, including KKR and Bridgepoint, to buy a 25% stake in its overseas broadcasting rights, people close to the matter told Reuters. European private equity firm CVC has also advanced to the...
The list of Israeli companies mulling entering Nasdaq via a SPAC continues to grow, with REE Automotive, which develops modular platforms for electric vehicles, in negotiations to go public at a valuation of between $3-4 billion, a source told Calcalist under the...
Nasdaq Inc. will buy Verafin, a software company that uses artificial intelligence to help banks detect money laundering and fraud, for $2.75 billion, the companies said Thursday. If completed, the Verafin acquisition would be New York-based Nasdaq’s largest...