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dealstreetasia.com 8 hours, 50 minutes ago

Cppib May Acquire $277M Debt Renewable Power Firm Mytrah Raised From Piramal

Talks with CPPIB follow the delisting of Mytrah's holding company from the London Alternative Investment Market (AIM) in May. The post CPPIB may acquire $277m debt renewable power firm Mytrah raised from Piramal appeared first on DealStreetAsia.
Read by 40% of LPs

nytimes.com 11 hours, 20 minutes ago

$100M Was Once Big Money For A Start-up. Now, It's Common. - The New York Times

Start-ups raising $100 million or more from investors used to be a rarity. Now, this scale of fund raising is commonplace. In late April, when Mike Massaro set out to get $40 million to $75 million in funding for his payments start-up, Flywire, he contacted a small group of investors he already knew. But word quickly got around, and other investors flooded his inbox with $200 million of investment offers, half of which he turned down.
Read by 36% of LPs

uk.reuters.com 13 hours, 20 minutes ago

Tesla Forms Three-member Panel To Decide On Any Musk Proposal | Reuters

Tesla Inc's board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon Musk.
Read by 52% of LPs

swfinstitute.org 14 hours, 20 minutes ago

Mercer Gobbles Up Pavilion Financial Consulting Business | Swfi - Sovereign Wealth Fund Institute

Investment consulting giant Mercer, which is a subsidiary of Marsh & McLennan Companies, penned an agreement to acquire the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial Corporation. Pavilion Financial is headquartered in Winnipeg. Pavilion Financial acquired a number of consulting firms over the years including LP Capital Advisors, which is based [...]
Read by 64% of LPs

reuters.com 14 hours, 20 minutes ago

Tesla Forms Three-member Panel To Decide On Any Musk Proposal | Reuters

* Shares lower in midday trading (Adds Bloomberg report that Goldman Sachs had not been formally tapped as a financial adviser when Musk revealed go-private plan, updates shares)
Read by 61% of LPs

bloomberg.com 14 hours, 50 minutes ago

Goldman Sachs Had No Mandate When Musk Tweeted

Goldman Sachs Group Inc. hadn't been formally tapped as a financial adviser by Tesla Inc.'s chief executive officer when Musk revealed plans last week to take the automaker private and said he'd secured the funding for the transaction, according to people with knowledge of the matter. The bank still hadn't officially signed on when Musk said on Twitter late Monday that he's working with Goldman Sachs and private-equity firm Silver Lake as financial advisers, the people said. Such a statement from a public company CEO typically signals a formal agreement.
Read by 41% of LPs

in.reuters.com 14 hours, 50 minutes ago

Tesla Forms Three-member Panel To Decide On Any Musk Proposal | Reuters

Tesla Inc's board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon Musk.
Read by 34% of LPs

recode.net 14 hours, 50 minutes ago

Tinder's Co-founders Are Suing Former Parent Company Iac For $2B

Co-founder Sean Rad says IAC purposefully deflated Tinder's valuation in order to avoid paying him. Tinder co-founder Sean Rad's saga with former parent company IAC has started a new chapter. Rad and some of Tinder's other co-founders and employees filed a lawsuit Tuesday against IAC that claims, among many other things, that Tinder's holding company purposefully undervalued the dating service so that IAC wouldn't be on the hook to pay those co-founders, who combined own more than 20 percent of Tinder, as much money for their shares.
Read by 60% of LPs

cnbc.com 15 hours, 20 minutes ago

What Tesla Takeover Proposal Could Look Like

Musk's offer is likely to include conditional financing from third parties, including Saudi Arabia's sovereign wealth fund, and may have requirements that a certain amount of Tesla shareholders roll over their existing stakes into a private company.
Read by 54% of LPs

reuters.com 15 hours, 20 minutes ago

Tesla Forms Three-member Panel To Decide On Any Musk Proposal | Reuters

Tesla Inc's board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon Musk.
Read by 67% of LPs