Billionaire investor Bill Ackman has provided further hints on the potential targets of his blank-check company. Pershing Square Tontine Holdings Ltd., which had the largest initial public offering ever of a special-purpose acquisition company when it debuted in July,...
Exchange operator Euronext is acquiring the Borsa Italiana Group from the London Stock Exchange in a €4.3bn deal. The announcement of the deal follows the Paris-headquartered Euronext’s 18 September statement that it had entered into exclusive discussions with LSE...
Plenty of private equity firms have helped drive this year’s boom in special-purpose acquisition companies. And at TPG Capital, a single SPAC isn’t enough. A pair of SPACs backed by the firm priced IPOs on Tuesday and began trading Wednesday, with TPG Pace...
Delivery startup Instacart on Thursday said it raised $200 million in its latest round, valuing the company at $17.7 billion as it cashes in on a surge in online shopping due to the COVID-19 pandemic. In June, Instacart raised $225 million, and the company was valued...
Morgan Stanley has agreed to buy Eaton Vance Corp for about $7 billion in a cash-and-stock deal that can quickly expand its investment-management business and add more offerings for retail investors, the bank said on Thursday. The transaction is the latest move by...