Challenger bank Shawbrook explores plan for £1bn London listing

Challenger bank Shawbrook explores plan for £1bn London listing

The owners of Shawbrook, one of Britain’s biggest challenger banks, are exploring plans to list it on the London Stock Exchange less than five years after taking it private. Sky News has learnt that BC Partners and Pollen Street Capital, the two private equity...
Elon Musk’s SpaceX raises over $337m in fresh funding

Elon Musk’s SpaceX raises over $337m in fresh funding

Billionaire Elon Musk’s SpaceX has raised $337m in equity financing, the rocket company disclosed in a regulatory filing on Wednesday. SpaceX, which counts Alphabet and Fidelity Investments among its investors, hit $100bn in valuation following a secondary share...
Morgan Stanley to boost stake in China brokerage to 94%

Morgan Stanley to boost stake in China brokerage to 94%

Morgan Stanley is set to increase its stake in its brokerage joint venture in China by 4.06% to 94%, an exchange filing showed on Wednesday, putting it on track to take full ownership of the business. The U.S. bank will inject $110m to boost the registered capital of...