Bain Capital close to $2.27bn takeover of French IT firm Inetum January 19, 2022 Buyout giant Bain Capital is close to finalising a deal to buy French IT firm Inetum in a deal worth around $2.27bn, according to reports.
M&C Saatchi finance chief resigns as firm fights off hostile takeover January 19, 2022 M&C Saatchi has suffered a setback in its bid to fend off a hostile takeover after Chief Financial Officer Mickey Kalifa handed in his resignation.
Palihapitiya-backed Spac agrees merger amid Uyghur backlash January 19, 2022 A SPAC backed by billionaire Chamath Palihapitiya has agreed to merge with a healthcare firm amid backlash this week over comments on China’s Muslim Uyghur population.
Atempo Growth launches debt fund with $200m raise to tap into European tech January 19, 2022 Growth debt platform Atempo Growth has announced the launch of its debut fund in London with commitments of over $200m.
Zego eyes up European insurance market as it rolls out expansion plans January 19, 2022 Zego has announced plans to expand into the Netherlands and ramp up its operations in France as it looks to take on a bigger slice of the European insurance market.
Crypto.com boosts venture capital arm to $500m to back Web 3.0′ startups January 18, 2022 Crypto exchange Crypto.com has bolstered its venture capital arm’s fund size to $500m.
‘Stakeholder capitalism is not woke’ says BlackRock boss January 18, 2022 The boss of the world’s biggest asset manager BlackRock has called on businesses to deliver purpose as well as profit.
Blossom Capital raises $432m to tap into early stage tech January 18, 2022 Venture capital firm Blossom Capital has raised $432m for a new fund as it looks to tap into high-growth tech firms.
Wayve secures $200m to drive autonomous vehicle tech January 18, 2022 Autonomous vehicle tech firm Wayve has announced a $200m funding injection as it looks to ramp up development of its new AI technology. The King’s Cross-based firm has secured investment from long-term backer Eclipse Ventures, which led the round, with additional backing from firms including D1 Capital Partners and Baillie Gifford and additional support from [...]
Bankers prepare £25bn package as private equity firms circle GSK January 17, 2022 Bankers are putting together major financing packages in preparation of a potential private equity bid for GlaxoSmithKline’s consumer healthcare business.
