U.S. gaming platform Roblox prepares to go public in $4bn valuation

U.S. gaming platform Roblox prepares to go public in $4bn valuation

Roblox Corporation is working with investment banks to prepare for a U.S. stock market listing that could come early next year and which the online gaming platform expects could double its recent $4 billion valuation, people familiar with the matter said. U.S. demand...
PE-backed Playboy to go public again in deal with SPAC

PE-backed Playboy to go public again in deal with SPAC

Playboy is going public again after being acquired by a blank-check firm, a deal that valued the brand made famous by its iconic adult magazine at $415m, the company said. Playboy, which was taken private in 2011 by founder Hugh Hefner and private equity firm Rizvi...
Big Oil’s $110 billion asset sale target could prove big ask

Big Oil’s $110 billion asset sale target could prove big ask

Leading energy companies are hoping to sell dozens of oil and gas fields and refineries worth more than $110 billion to curb both their ballooning debt and their carbon footprints. But with the outlook for oil and gas prices uncertain because of the coronavirus...