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Mount Logan Capital Inc Announces Purchase of Minority Stake in U S Asset Management Platform

Share: THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES All figures in United States dollars unless otherwise noted. TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) Mount Logan Capital Inc. (NEO: MLC) ( Mount Logan or the Company ) is pleased to announce that a wholly-owned subsidiary of the Company has completed the acquisition of a 21.4% equity stake in Sierra Crest Investment Management LLC ( Sierra Crest ) from an arms-length third party for a purchase price of $7.0 million, funded by a combination of newly incurred debt and a deferred cash consideration. Sierra Crest is a registered investment adviser under the U.S.

Playtika Files Registration Statement for Proposed Initial Public Offering

Share: HERZLIYA, Israel, Dec. 18, 2020 (GLOBE NEWSWIRE) Playtika Holding Corp. today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Playtika has applied to list its common stock on the Nasdaq Global Select Market under the symbol PLTK. Morgan Stanley and Credit Suisse will act as lead bookrunners for the proposed offering. Citigroup, Goldman Sachs & Co. LLC, UBS Investment Bank, and BofA Securities will act as additional bookrunners for the proposed offering. Baird, Cowen, Stifel, and Wedbush Securities will act as co-managers for the proposed offering.

Poshmark files for IPO saying it became profitable this year

Poshmark files for IPO saying it became profitable this year
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