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China’s Dji Raising Money At $15b Valuation — The Information
China’s DJI, the world’s largest consumer drone maker, is in talks with investors to raise a new round of funding at a valuation of $15 billion, people familiar with the discussions said. The amount raised will likely range between $500 million and $1 billion, the people said, although the deal hasn’t been finalized. The fundraising could be a combination of equity and debt, said one of the people who was briefed by DJI. It would be by far the biggest ... Full investment news article
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Nordstrom Ends Talks With Nordstrom Family To Take Company Private
The company said its special committee ended discussions because the parties couldn't agree to an "acceptable price. ": The special committee advising Nordstrom's board said Tuesday it has ended talks with the Nordstrom family about taking the company private, after the two parties were not able to agree on price. A group of Nordstrom family members, which owns 31.2 percent of Nordstrom, had been working to take the retailer private on and off since last year. The company had appointed ... Full investment news article
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