Atos enters talks for split and acquisition by equity firm
French reseller giant Atos has entered negotiations to sell its Tech Foundations (TFCo) business to EP Equity Investment (EPEI). The acquisition would result...
Source: channelweb.co.uk
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Israel's eToro to go public through $10.4 billion SPAC deal backed by SoftBank, others
2 Min Read (Reuters) - Online stock brokerage eToro said on Tuesday it will go public through a merger with a blank-check firm backed by banking entrepreneur Betsy Cohen in a $10.4 billion deal, with investment from SoftBank’s Vision Fund 2. EToro competes with Robinhood, which has become hugely popular with young investors for its easy-to-use interface. Robinhood has emerged as a gateway for amateur traders challenging Wall Street hedge funds. The deal with FinTech Acquisition Corp V, a special purpose acquisition company, will include a $650 investment from investors including Fidelity Ma...
Source: reuters.com