SoftBank-backed Oyo to file for $1.2bn IPO next week – source

SoftBank-backed Oyo to file for $1.2bn IPO next week – source

SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1bn, a source told Reuters on Thursday. The hotel aggregator is looking to list in India’s financial capital...
Mapletree Investments raises $552m for maiden US office fund

Mapletree Investments raises $552m for maiden US office fund

Mapletree Investments has closed its maiden US office fund, Mapletree US Income Commercial Trust, with $552m in total fund equity raised. In a statement on Thursday, the Temasek-owned company said Music’s target internal rate of return (IRR) of 12% represents...
Veritas, Elliott consider Athenahealth sale at $20bn valuation

Veritas, Elliott consider Athenahealth sale at $20bn valuation

Private equity firm Veritas Capital and hedge fund Elliott Investment Management are exploring options for Athenahealth Inc, including a sale or initial public offering, Bloomberg News reported on Wednesday, citing people familiar with the matter. Veritas and Elliott...