Catherine Badour
Private equity-backed cyber security firm Avast [IPO-AVAS.L] is set to price its initial public offering at 250 pence a share, a bookrunner source on the deal said on Wednesday, at the bottom of a 250-270 pence price range set earlier, Reuters reported.
ReNew Power Ltd filed for an initial public offering on Tuesday that could raise more than $1 billion in one of India’s biggest listings so far this year, Reuters reported.
Autolus Therapeutics, a small British company developing cell therapy treatments, is to join the swelling ranks of listed biotech companies using the new anti-cancer technology with a planned IPO on Nasdaq, Reuters reported.
U.S. private equity firm Apollo Global Management (APO.N) said on Tuesday it does not intend to make an offer to acquire British bus and rail operator FirstGroup (FGP.L).
The market debut of Springer Nature (SPGG.DE) will likely value the publisher of science magazines Nature and Scientific American at 3.2 billion euros ($3.8 bln), less than originally targeted, one of the bookrunners organizing the deal said. UPDATE: The Frankfurt listing scheduled for this Wednesday has been cancelled due to weak investor demand.
Private equity-owned German print firm Onlineprinters is planning a stock market listing in autumn to fund its expansion abroad, sources told Reuters.
BlackRock Inc (BLK.N) on Monday agreed to sell its 40 percent interest in DSP BlackRock, which manages a range of co-branded mutual funds in India, to the DSP Group, Reuters reported.
Nokia said on Monday it has acquired software maker SpaceTime Insight, which industrial customers use to manage millions of devices and assets across their networks, marking the equipment supplier’s latest push to expand beyond telecoms.
Carlyle Group (CG.O) is set to close its biggest-ever Asia private equity fund at $6.5 billion, sources told Reuters, in a deal that adds to the record levels of funds seeking deals in the region.
Gulf Capital, an Abu Dhabi-based private equity firm, said on Monday it has bought a stake in Geidea, the leading provider of electronic payment solutions in Saudi Arabia, for a deal value exceeding 1 billion riyals ($267 million).