by Sebastian | Jan 4, 2021 | News
A total of 2,496 transactions were announced globally in the final two weeks of 2020, according to data compiled by Bloomberg. That’s the most for a festive fortnight on record, the data show. More than $187 billion of deals came during the period, led by buyout firm...
by Sebastian | Jan 4, 2021 | ITPEC, News
A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology firms that are ready to go public. SPACs are exchange-listed shell...
by Sebastian | Jan 4, 2021 | ITPEC, News
Italian healthcare company Angelini said on Monday it would buy Swiss-based private equity-backed Arvelle Therapeutics in an all-cash transaction valuing the biopharmaceutical company up to $960 million. The deal is the biggest acquisition ever for the 100-year old...
by Sebastian | Jan 3, 2021 | News
Sunpower Group is divesting its manufacturing and services (M&S) business for 2.3 billion yuan (S$463.3 million), after which 1.3 billion yuan of the net proceeds will be used for a proposed special dividend amounting to 1.1627 yuan per share on a fully-diluted...
by Sebastian | Jan 3, 2021 | News
Chinese regulators are reviewing equity investments by Ant Group in dozens of companies, three people with knowledge of the matter said, intensifying a crackdown on billionaire Jack Ma’s financial technology empire. The regulators are considering whether to...
