London Stock Exchange mulls £300m Covid rescue fund

London Stock Exchange mulls £300m Covid rescue fund

The London Stock Exchange is plotting a £300m listed investment vehicle aimed at offering much-needed support to companies hit hard by the pandemic. David Schwimmer, LSE chief executive, has led talks with top City figures and Treasury figures about establishing an...
Payments firm Flywire plans IPO at $3 billion valuation

Payments firm Flywire plans IPO at $3 billion valuation

Flywire Corp has hired investment banks to prepare for a U.S. initial public offering (IPO) later this year that could value the payments processor at around $3 billion, people familiar with the matter said on Friday. Flywire is working with Goldman Sachs Group Inc...
Blackstone-backed Patria eyes expansion in Latam, Asia

Blackstone-backed Patria eyes expansion in Latam, Asia

Brazilian asset manager Patria Investments Ltd, whose shareholders include Blackstone Group Inc, plans to use the proceeds of its $588 million initial public offering partly to expand in new emerging markets, executives said on Friday. Patria raised $326 million in...