Arasu Kannagi Basil
Stories by Arasu Kannagi Basil
Hut 8, Eric Trump to launch bitcoin mining firm
The move illustrates the growing involvement of the Trump family in the crypto landscape.
Carlyle misses profit estimates as private equity earnings slide
The numbers overshadowed a strong growth in its capital market business.
China’s Ascentage Pharma targets $1.8b valuation in US IPO
Ascentage, backed by Japan's Takeda, is looking to raise $149m.
BlackRock buys HPS for $12b, eyes growth in red-hot private credit market
AUM of HPS has vaulted to about $148b as of Sept from $34b in 2016.
Chinese robotaxi firm Pony AI eyes up to $260m in upsized US IPO
It is targeting a valuation of up to $4.55b in its upsized offering
Chinese self-driving firm Pony AI seeks to raise up to $195m in US IPO
It is eyeing a valuation of up to $4.48b in the upcoming IPO.
Goldman-backed biotech company Septerna raises $288m in US IPO
Goldman Sachs-backed Septerna would be valued around $750 million.
Nasdaq says top shareholder Thoma Bravo to sell shares worth $2.8b
After the stake sale, the PE firm will become the fifth-largest shareholder in the exchange.
ETF flows, rising stocks lift BlackRock’s assets to record $10.65t in Q2
In June, the company agreed to buy private markets data provider Preqin in a $3.2b deal.
Naver-backed Webtoon Entertainment’s shares jump in Nasdaq debut
The company had raised $315 million, selling 15 million shares in its IPO.
