In a statement ThoughtWorks Inc, a software consultancy company said, its parent Turing Holding Corp had confidentially submitted paperwork for an initial public offering in the US. In January, ThoughtWorks, which helps firms digitize their operations, was valued at $4.6… Read More ›
Australia’s antitrust regulator has raised initial concerns over Aon’s $30 billion acquisition bid for Willis Towers Watson which aims to create the world’s biggest insurance broker. The development comes in the wake of similar moves by EU antitrust regulators. In… Read More ›
Reddit Inc’s valuation has more than doubled to $6 billion after it raised more than $250 million in a new round of funding. It has been at the core of the recent social media-driven retail trading frenzy. In a statement,… Read More ›
According to a source familiar with the matter at hand, WeWork is in talks to go public through a merger with a special purpose acquisition company (SPAC); it is also seeking funds from private investors a little more than a… Read More ›
Midst tumbling valuations and frosty political climate, large investment banks are backing out of Chinese IPOs on Wall Street, and are forced to slash the size of their deals. In the last few months, big banks including Bank of America,… Read More ›
Despite apprehensions of a corrections in venture capital funding, data from PitchBook Data Inc and National Venture Capital Association point to a bonanza year. According to a report that was released on Wednesday, U.S. venture capitalists are likely to sink… Read More ›
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