by Sebastian | Dec 8, 2020 | News
Consumer-software company NortonLifeLock said it has agreed to buy the cybersecurity and privacy company Avira for about $360m in cash from Investcorp Technology Partners, giving NortonLifeLock more market access in Europe and emerging markets. Avira chief executive...
by Sebastian | Dec 7, 2020 | News
Online lending startup Social Finance Inc (SoFi) has held discussions with blank-check acquisition companies about a deal that would allow it to debut in the stock market, people familiar with the matter said on Monday. The discussions show that going public is...
by Sebastian | Dec 7, 2020 | News
U.S.-listed gaming group IGT said on Monday it had agreed to sell its Italian gaming machine, sports betting and digital gaming businesses to Apollo’s Gamenet Group for 950 million euros ($1.2 billion) in cash. The deal values the two businesses – Lottomatica...
by Sebastian | Dec 7, 2020 | News
German perfume retailer Douglas is preparing for a financial restructuring in 2021 as the COVID-19 pandemic hits its business and its debt nears maturity, two people familiar with the matter said. Once the important Christmas season is over, the company will kick off...
by Sebastian | Dec 7, 2020 | News
General Atlantic-backed e-commerce firm Wish said on Monday it expects to raise up to $1.1 billion in its initial public offering (IPO), joining a host of companies rushing to take advantage of investor appetite for new listings. The San Francisco-based bargain...