Investments

IPO
Insurance Marketplace GoHealth Seeks $100M In Potential IPO
June 29, 2020

GoHealth, Inc. is seeking to raise $100 million in Class A common stock during a proposed upcoming initial public offering (IPO), according to a filing with the U.S. Securities and Exchange Commission (SEC). The health insurance marketplace is seeking to list with the “GHTH” symbol on The...

Investments
Tencent, Primavera Staking $300M On Chinese Grocery Delivery Startup
June 29, 2020

A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing grocery delivery sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
June 28, 2020

Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ) reported, and many are tumbling into bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Slimmed-Down Albertsons IPO Raises $800M
June 26, 2020

The long-awaited initial public offering (IPO) of Idaho-based grocery chain Albertsons went ahead on Friday (June 26) after often-fraught years of planning. Now trading on the New York Stock Exchange under the symbol ACI, the chain sold 50 million shares at $16 per share, bringing...

IPO
Lemonade Seeks $23 Per Share In IPO
June 26, 2020

Lemonade Inc., the technology-driven insurance startup, has told regulators that its initial public offering (IPO) is seeking a share price of between $23 to $26.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
SE Asia’s East Ventures Looks To Back Startups With $88M Fund
June 26, 2020

Singapore-based early stage tech investment firm East Ventures has targeted a new fund intending on benefiting businesses hurting from the coronavirus pandemic, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Albertsons Proceeds With Pared-Down $800M IPO
June 25, 2020

Albertson’s, the second-largest grocery chain in the United States, has priced its initial public offering (IPO) at a downsized $800 million, after numerous attempts of owner Cerberus Capital Management to cash out, Reuters said. Get the Full Story Complete the form to unlock this article...

Investments
Volcker Rule Revision Inspires Hope For Startups, But Also Stirs Debate
June 25, 2020

The FDIC’s decision to ease the Volcker Rule could prove to be a boon for some startups, freeing up banks to invest tens of billions of dollars in high-risk venture capital funds that specialize in fast-growing fledgling companies. Get the Full Story Complete the form...

IPO
Analytics Firm Dun & Bradstreet Launches IPO
June 25, 2020

Analytics firm Dun & Bradstreet has launched an initial public offering (IPO), with Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan and Barclays acting as joint lead book running managers, a press release says. Get the Full Story Complete the form to unlock this...