Holidu, the Munich-headquartered holiday rentals search engine that is now active in 21 country markets, has raised EUR40 million in Series C funding. The round was led by Prime Ventures, with participation from coparion and MairDuMont Ventures. Existing investors, including EQT Ventures, Venture Stars, Senovo and business angel Chris Hitchen, also followed on. Founded in [...]
Ironclad, a startup that makes it easier for legal teams to manage their contracts workflow, today announced that it has raised a $50 million Series C round led by Y Combinator Continuity, with participation from Emergence Captial, as well as existing investors including Accel and Sequoia Capital. This round brings Ironclad's total funding to $83 [...]
The global investment giant will buy the Toronto-based REIT in an all-cash deal, adding 19.4 million square feet of Western European office and logistics assets to its portfolio.
HONG KONG -- AB InBev, the world's largest brewer that produces Budweiser and Corona, on Tuesday revived plans to list its Asian business in Hong Kong but halved the size of its initial public offering to $4.8 billion. The move comes two months after it temporarily shelved plans to raise $9.8 billion in what would [...]
DUBAI, United Arab Emirates -- The assault on the beating heart of Saudi Arabia's vast oil empire follows a new and dangerous pattern that's emerged across the Persian Gulf this summer of precise attacks that leave few obvious clues as to who launched them. Beginning in May with the still-unclaimed explosions that damaged oil tankers [...]
Datadog disclosed Tuesday that expected pricing of its initial public offering has increased to $24 to $26 a share from $19 to $22, which raises the value of its 24-million-share offering to up to $624 million from $528 million. If the underwriters exercise the options to buy up to an additional 3.6 million shares, the company could raise up to $717.6 million. The digital transformation and cloud migration software company's stock is expected to list on the Nasdaq under the ticker symbol "DDOG." The lead underwriters of the IPO are Morgan Stanley, Goldman Sachs, J.P. Morgan and Credit Suisse.
The mines ministry has noted that there is a need to take adequate steps to ensure availability of iron ore in the market to meet the demand of domestic steel makers.
Social Finance (SoFi) is a mobile-centered personal finance company, which received US$ 500 million in equity financing primarily from Doha-based Qatar Investment Authority (QIA) in May 2019. QIA sees the value of SoFi at US$ 4.3 billion. SoFi put the money toward growth, and has a balance sheet of US$ 2.3 billion. Goldman Sachs alum, [...]
The Microsoft founder is still in wealth-creation mode. : "We're not, you know, in some defensive posture where we're mostly in cash, or anything like that," the Microsoft Corp. founder said in an interview with Bloomberg Television. "The strategy that's been used on the investments is to be over 60% in equities." That's helped Gates add $16 billion to his net worth this year, taking his wealth to $106 billion, behind only Jeff Bezos on the Bloomberg Billionaires Index, even as his charitable donations have topped $35 billion.
NEW YORK -- Kraft Heinz Co. shares are sliding after one of the company's top investors sold 25 million shares. 3G Capital -- a Brazilian private equity firm -- reduced its stake in the company by 9%. 3G remains the company's second-largest shareholder. 3G partnered with Berkshire Hathaway Inc. to combine Kraft and Heinz in [...]