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...
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...
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...
Bucking the coronavirus-driven economic downturn, Indian FinTech Aye Finance on Wednesday (June 24) said it had raised $27.5 million from a group of investors led by the private equity arm of Alphabet, Google’s corporate parent. Get the Full Story Complete the form to unlock this...
With the last bids due in early July for eBay Inc.’s classified advertising business, private equity companies seeking to win the auction could arrange for as much as $2.6 billion worth of debt to finance the transaction. Those who are left taking part in the...
Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Amid Wall Street’s gyrations and the search for the next great tech unicorn: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). Get the Full Story Complete the form to...
nCino, a cloud-based software provider for financial institutions (FIs), plans to go public, per a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...