IPOs
Shein set for £1.6 billion funding round ahead of potential US IPO
Shein, the Chinese fast-fashion giant, is reportedly set to raise £1.6 billion in a new funding round this month, ahead of its potential US IPO later on this year. The…
Read MoreShein in discussions on fundraising which would slash valuation to $64bn
Chinese fast fashion giant, Shein, is reportedly in talks to raise up to £3 billion in fundraising that would lead the group to accept a hugely reduced valuation of $64…
Read MoreInstacart pulls plug on IPO due to volatile market
Instacart has reportedly pulled the plug on its upcoming initial public offering (IPO) amid uncertain market conditions that has left investors concerned, Reuters reported.
The US grocery delivery app had…
Read MoreShein sheds up to one-third of its value in stake sales
Shein has shed up to one-third of its value in private markets in recent months after reaching a £100bn valuation earlier this year, according to a report by The Financial…
Read MoreFrasers Group to make FTSE comeback
Frasers Group is set to return to FTSE 100, re-joining the elite index of the London Stock Exchange’s highest valued firms.
The group dropped out of the index six years…
Read MoreAmazon and CVS amongst bidders for Signify Health
Amazon has joined CVS Health Corp, Option Care and UnitedHealth in bidding for healthcare firm Signify Health, Bloomberg reported.
The tech giant’s bid is slightly less than UnitedHealth’s bid which…
Read MoreAsos and Boohoo once again targeted by short sellers following CMA probes
Fast-fashion retailers Asos and Boohoo have once again been the target of leading hedge funds who have been betting on the demise of the two companies following a greenwashing investigation…
Read MoreTwitter hits back at Elon Musk’s ‘implausible’ case against $44bn deal
Twitter has hit back Elon Musk ‘implausible’ case against the $44 billion deal to buy the social media platform.
Musk has been accused of creating a “new set of excuses”…
Read MoreAmazon accelerates into healthcare sector with $3.9bn One Medical acquisition
Amazon has made its third-largest acquisition ever with $3.9 billion acquisition of primary care organisation One Medical.
The company is purchasing One Medical for $18 a share in an all-cash…
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