Singapore sovereign wealth fund GIC, one of the world’s biggest investors, is bracing for muted investment returns and expects little respite from runaway inflation that has forced central banks around the world to tighten policy. “Inflation itself is already a...
Cegid, a provider of cloud business management solutions for finance, HR, CPAs, retail and entrepreneurial sectors, has agreed to combine with Grupo Primavera, a cloud business software platform in Iberia. The all-share transaction is valuing the combined company at...
Clean energy investor Octopus Energy Group announced today it has raised a total of $550 million to support its global expansion and renewables strategy. The financing includes $325m from existing shareholders to support Octopus’ U.K. tech and global businesses, as...
Fintech company GloriFi is planning a U.S. listing by merging with blank check firm DHC Acquisition in a $1.7bn deal. GloriFi, whose equity holders will roll forward 100% of their existing shares, will receive nearly $279m in cash proceeds, the companies said on...
British e-commerce group THG said it had terminated its collaboration with a unit of Japan’s SoftBank Group Corp due to challenging global market conditions. THG said it has completed the internal separation of its key divisions but the call option with SoftBank... 