by Sebastian | Jan 28, 2021 | News, UKPEC
DNA-testing company 23andMe is reportedly in talks to go public through a $4bn deal with Richard Branson’s VG Acquisition Corp. A deal may be announced next month for 23andMe, less than three years since being evaluated at $2.5bn. Bloomberg reports that the two sides...
by Sebastian | Jan 28, 2021 | News
Few asset managers have enjoyed more success in the riskier corners of credit than KKR & Co. But after a decade-long attempt to wring big returns from India, the Wall Street titan has become a cautionary tale for investors in one of the world’s most tantalizing...
by Sebastian | Jan 28, 2021 | News
Blackstone Group Inc. deployed a record $25.4 billion in the fourth quarter, as the world’s biggest alternative asset manager sealed large deals and found opportunities in an economy ravaged by the Covid-19 pandemic. New York-based Blackstone spent $11.7 billion on...
by Sebastian | Jan 27, 2021 | News
Property giant China Evergrande’s Hong-Kong listed electric vehicles firm said on Sunday it would bring in six new investors to raise HK$26 billion ($3.4 billion) to fund technology research and repay debt. China Evergrande New Energy Vehicle Ltd will issue 952.4...
by Sebastian | Jan 27, 2021 | News
SparkPost, the world’s largest email sending and optimization platform delivering nearly 40 percent of the world’s commercial email, today announced it has secured $180 million from LLR Partners, NewSpring Capital and PNC Bank to invest in the next era of...
