IT solutions firm Synnex Corp said on Monday that it will merge with peer Tech Data, owned by funds affiliated to Apollo Global Management, in a deal worth about $7.2 billion, including debt. Shares of Synnex jumped over 11% in premarket trade. Apollo Funds will...
SoftBank Group Corp-backed auto marketplace ACV Auctions Inc said it was looking to raise up to $364.1 million in its initial public offering in the United States, after raising its offer price range on Monday. The company, also backed by investment firm Bessemer...
Cubic Corp said on Monday it had received an unsolicited offer from Singapore’s ST Engineering to buy the company for about $2.4 billion, boosting the software maker’s shares to match the offer price of $76. ST Engineering’s offer is superior to a rival bid by...
Banner Ridge Partners, a multi-strategy private equity investment firm with over $1.0 billion in assets under management, has completed fundraising for Banner Ridge DSCO Fund I at its hard cap with $300 million of total commitments. DSCO I, the firm’s debut...
Deliveroo could be valued at nearly £9 billion in its forthcoming stock market flotation – nearly £1 billion more than previously expected. Having gauged the City’s appetite, the company today set the price range of its shares sale at a range of £7.6... 