by Sebastian | Aug 31, 2021 | News
Sainsbury’s Bank could be sold within weeks for £200m, almost a year after the supermarket put its financial arm up for sale. The bank has around two million customers and offers savings, loans, insurance, travel money and credit cards. It stopped mortgage...
by Sebastian | Aug 30, 2021 | News
Catalent, the contract drug maker known for manufacturing COVID-19 vaccines, said on Monday it would buy gummy vitamins maker Bettera Holdings for $1bn in cash to expand in the nutritional supplements market. Texas-based Bettera makes vitamins, supplements and...
by Sebastian | Aug 30, 2021 | News
Indian ride-sharing giant Ola plans to raise up to $1bn through an initial public offering (IPO) and is finalising banks to advise on the fund-raise. Ola, backed by Japan’s Softbank Group, has roped in Citigroup, two people with direct knowledge of the matter said. It...
by Sebastian | Aug 30, 2021 | News
Fitness tracker startup Whoop said it had raised $200m funding led by SoftBank’s Vision Fund 2, valuing the company at $3.6bn. The company said it would primarily use the new capital to invest in research and product development, international expansion and...
by Sebastian | Aug 30, 2021 | News
KBC Bank Ireland has sold a portfolio comprising its remaining non-performing mortgage loans in a €1.1bn deal to funds managed by US private equity giant CarVal. KBC Bank Ireland has sold a portfolio comprising its remaining non-performing mortgage loans in a €1.1 bn...
