Shares of Nykaa, India’s cosmetics-to-fashion platform, made a blockbuster debut valuing the company at close to $13 billion. With the news reaching the market, shares of FSN E-Commerce Ventures, the profit-making parent company that owns the Nykaa brand, soared by… Read More ›
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British fintech unicorn Wise valued at $10 billion
On Wednesday, according to data from Refinitive, Wise’s Class A shares are indicated to open at 750 pence in an auction, giving it a market capitalization of more than $9.66 billion (over 7 billion pounds). Ahead of its official London… Read More ›
Investor demand for Deliveroo’s upcoming IPO exceeding full deal size: bookrunner
According to British food delivery company’s bookrunner, the demand for Deliveroo’s upcoming initial public offering (IPO) is in excess of the full size of the deal, with books covered throughout the price range of between 3.90 and 4.60 pounds per… Read More ›
William Ackman’s acquisition of Airbnb through blank-check company would mark 2020’s biggest SPAC deal
According to sources familiar with the matter at hand, William Ackman, has approached Airbnb Inc about going public through a reverse merger with his blank-check company. The negotiations though are currently not moving ahead with Airbnb being more focused with… Read More ›