Catherine Badour
China’s Ant Financial Services Group is in talks with investors to boost its fundraising target to at least $8 billion, which could see its valuation jumping to about $150 billion, Reuters reported.
Buyout firm Apollo Global Management LLC (APO.N) is seeking to raise more than $4 billion for its third natural resources-focused private equity fund, sources told Reuters.
Healthcare technology company Analogic Corp (ALOG.O) said on Tuesday it had agreed to be bought by private equity firm Altaris Capital Partners LLC for about $1.1 billion in cash.
Shopping tax refund firm Global Blue targets a pre-summer stock market listing in Amsterdam as it seeks to take advantage of robust equities valuations, sources told Reuters.
China’s Sinochem Group has hired seven banks to manage a $2 billion Hong Kong stock listing of its key oil assets, three people said, as the state-owned firm shifts to higher-value businesses, including petrochemicals production, Reuters reported.
Former macro hedge fund manager Mike Novogratz’s cryptocurrency merchant bank, Galaxy Digital, hired Richard Kim from Goldman Sachs Group Inc as chief operating officer, Bloomberg reported on Monday, citing people with knowledge of the matter.
Austrian property investor Rene Benko has raised his stake in real estate group S Immo (SIAG.VI) to 29.1 percent of voting rights, just shy of the 30 percent threshold that requires a mandatory takeover offer, S Immo said on Monday.
Adyen, a Dutch company that processes payments for companies including Airbnb, Uber, Spotify and Netflix, is eyeing a stock market listing in June that could value it at 6-9 billion euros ($7-$11 billion), sources told Reuters.
Aston Martin is preparing to appoint three banks to manage a possible London stock market listing of the luxury car manufacturer that could value it at between 4 billion pounds and 5 billion pounds ($5.6 billion to $7 billion), a source told Reuters.
Transport firm Ceva Logistics announced a flotation on Monday to cut debt and drugmaker Polyphor outlined its listing plans to raise cash for the development of pipeline hopefuls, extending this year’s run of Swiss stock offerings, Reuters reported.