Two private equity groups have revised their final bids to Italy’s top-flight soccer league as they vie to secure a slice of Serie A’s lucrative broadcasting rights business for the next 10 seasons, sources familiar with the matter told Reuters. The two offers will be...
Mercury UK Holdco, the top shareholder in Nexi, said on Tuesday it was placing 13.4% of the Italian payments group a day after the firm announced a merger with rival SIA. Nexi and SIA unveiled on Monday a long-awaited accord to create a an Italian payment champion...
Insurance startup Clover Health will go public through a merger with blank-check firm Social Capital Hedosophia Holdings Corp III IPOC_u.N in a deal valued at $3.7 billion (2.85 billion pounds) including debt, the company said on Tuesday. The combined cash-and-stock...
Thomas Healy, the 28-year-old founder of Hyliion Holdings Corp. became a billionaire when his truck electrification company listed in New York last week. For those, like me, who question the wisdom of a start-up going public before it’s generated meaningful revenue,...
Investors are pouring money into Ynsect SAS, a French startup that will breed mealworms to feed fish and pets. A total $224 million of newly pledged funds will bring the company’s Series-C funding round to $372 million, one of the largest rounds for an insect farming...