Page 42 - New Issues News Today

Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion.

British 10-year index-linked bonds attracted record demand at a government auction on Wednesday, adding to signs of concern that inflation might rise faster than expected.

Credit Suisse grappled with the fall-out of Greensill Capital's insolvency on Wednesday, as the head of its European asset management division temporarily stepped aside and it appointed receivers to recover a $140 million loan in Australia.

2 Min Read (Reuters) - Cipher Mining Inc said it had agreed to go public through a merger with blank-check firm Good Works Acquisition Corp in a deal valuing it at $2 billion, underscoring the rising interest in the bitcoin space. Shares of Good Works rose 15.9% to $11.59 after markets opened for trading on Friday. The bitcoin mining firm’s bid to go public comes as a clutch of other crypto firms are pushing ahead with similar plans despite regulatory uncertainty. Coinbase, the biggest U.S. c...

Three blank-check firms, backed by private equity firm TPG Capital, are looking to raise over $1 billion through initial public offerings, according to regulatory filings on Monday. (Reporting by Sohini Podder in Bengaluru; Editing by Shounak Dasgupta)

By Reuters Staff 1 Min Read (Reuters) - Social Finance Inc, or SoFi, said on Tuesday it would buy community bank Golden Pacific Bancorp for about $22.3 million in an all-cash deal, accelerating the online lender’s push to become a national bank. SoFi said it would pay $2.55 for every share of Sacramento, California-based Golden Pacific. Separately, SoFi also announced the launch of its first-ever credit card. In January, the startup was valued at $8.65 billion in a deal with a blank-check fir...

Vodafone Group said on Tuesday it would seek to raise up to 2.8 billion euros ($3.32 billion) in proceeds by floating infrastructure unit Vantage Towers in Europe's largest initial public offering of 2021.

2 Min Read MILAN (Reuters) - Italian aerospace and defence group Leonardo last year forgave $300 million of related-party debt of its DRS unit, which is now preparing for a listing on the NYSE, the unit said in a filing to the U.S. Securities and Exchange Commission. After the transaction, New Jersey-based DRS recorded a fall in its total net debt to $427 million last year from $712 million in 2019, according to the filing. The forgiven debt was part of a $2 billion credit agreement between Leo...

2 Min Read LONDON (Reuters) - Puma Energy will issue new stock worth $1.1 billion to help recapitalise the firm and make its top shareholder Trafigura an even bigger owner, while Angola will decrease its stake, the company said on Tuesday. The rights issue is due to close mid-April. Angola holds the second largest stake at 31.7% in the firm via its state oil company Sonangol. Trafigura spokeswoman declined to say how big a stake the company was aiming for. Global commodities trader Trafigura ra...

Vodafone Group said on Tuesday it would seek to raise up to 2.8 billion euros ($3.32 billion) in proceeds by floating infrastructure unit Vantage Towers in Europe's largest initial public offering of 2021.