Page 39 - New Issues News Today

Saudi Arabia raised 1.5 billion euros on Wednesday in a two-tranche bond deal after receiving orders for more than 3.75 billion euros, a document showed.

By Reuters Staff 1 Min Read BEIJING, March 15 (Reuters) - Chinese search giant Baidu Inc said on Monday that its artificial intelligence chip unit Kunlun recently completed a round of fundraising, which according to one source with direct knowledge of the matter values the business at about $2 billion. The fundraising, which comes as the company pushes forward with AI chip design and manufacturing ambitions, was led by Chinese private equity firm CITIC Private Equity Funds Management (CPE), the...

By Reuters Staff 2 Min Read FILE PHOTO: A Wizz Air Airbus A320 at Luton Airport, Luton, Britain, May 1, 2020. REUTERS/Andrew Boyers/File Photo (Reuters) - Wizz Air’s largest shareholder, Indigo Partners LLC, is planning to sell up to 400 million pounds ($555.56 million) worth of shares in the Hungarian low-cost airline, Barclays Bank said on Monday. Private Equity firm Indigo Partners owns 15 million shares, or a 17.5% stake, in Wizz Air as of Monday, said the bank, which is acting as the glo...

Wizz Air's largest shareholder, Indigo Partners LLC, is planning to sell up to 400 million pounds ($555.56 million) worth of shares in the Hungarian low-cost airline, Barclays Bank said on Monday.

Updated Y Combinators Sam Altman teams up with Michael Klein to launch SPAC looking to raise $1 billion By Reuters Staff 2 Min Read FILE PHOTO: Sam Altman, President of Y Combinator, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 18, 2017. REUTERS/Lucy Nicholson (Reuters) - Y Combinator’s Sam Altman is joining forces with veteran Wall Street dealmaker Michael Klein to launch a blank-check firm that is seeking to raise up to $1 billion, accordi...

By Reuters Staff 2 Min Read PARIS (Reuters) - Chinese food group COFCO Corp has hired banks to advise on a plan to merge trading arm COFCO International with some domestic businesses before a listing of shares in the new entity, Bloomberg reported on Monday, citing sources. State-owned COFCO has previously said it aims to list its international trading division, after the acquisition of Dutch-based Nidera and the agribusiness of Noble Group from 2014 turned it into a global agricultural commodi...

Russian mid-sized gold miner GV Gold plans to announce next week its intention to hold an initial public offering in Moscow, three financial market sources told Reuters.

China's Ant Group on Friday published a set of financial self-discipline rules amid the country's tightened scrutiny on financial technology regulations.

Goldman Sachs has set up a team of Special Purpose Acquisition Company (SPAC) bankers in Hong Kong to focus on a rush of these blank cheque deals emerging in the Asian region.

By Reuters Staff 2 Min Read (Reuters) - A blank-check firm backed by BCC Investment Management, an affiliate of Bain Capital, is looking to raise up to $300 million through an initial public offering, a regulatory filing showed on Thursday. BCC Investment Corp, a so-called special purpose acquisition company, or SPAC, plans to sell 30 million units composed of shares and warrants on the New York Stock Exchange, priced at $10 per unit. bit.ly/3bBtcti Another entity tied to Massachusetts-based Ba...