The London Stock Exchange (LSE) has set deadlines for this week and mid-September for indicative bids for all or parts of Borsa Italiana to help win European Union approval for its $27 billion takeover of data company Refinitiv, sources said on Tuesday. The EU’s...
The Norwegian Government Pension Fund, one of the largest pools of sovereign capital in the world, lost $21.3bn in the first six months of 2020 as its investments failed to weather the market storm unleashed by Covid-19. The giant fund’s 3.4% investment loss undershot...
Billionaire Elon Musk’s SpaceX has raised $1.9 billion (1.4 billion pounds) in new funding, according to a regulatory filing bit.ly/3178nk3 on Tuesday. Bloomberg, which reported about the fund round last week, said the private rocket company will have an equity...
Canoo Holdings Ltd, a U.S. electric vehicle startup already working with South Korea’s Hyundai Motor, will go public later this year at a value of $2.4 billion and aims to start delivering vehicles by the second quarter of 2022. It has joined forces with a so-called...
ADS Initiative is seeking critical mass to achieve an ambitious goal: persuade the $4tn private equity industry to adopt a data reporting standard that clarifies investment costs and performance. The US-based not-for-profit group now counts more than 10 members,...
