JoshuaFranklin
Stories by JoshuaFranklin
Tencent Music raises nearly $1.1b in US IPO
The music arm of gaming and social network giant Tencent Holdings Ltd priced its American Depositary Receipts (ADRs) at $13 per share, at the low end
Uber stealthily files for IPO in step with Lyft
Uber is eager to beat Lyft to Wall Street, a sign of the company’s entrenched competitiveness.
Buyout major Cerberus to buy Singapore’s SGI to gain toehold in frontier markets
Singapore-based SGI invests in countries such as Ethiopia, Georgia, and Mongolia. These are considered earlier in their economic development than emer
Blackstone plays down concerns over Saudi funding
Blackstone has long cultivated Saudi Arabia as an investor, and the Kingdom's main sovereign wealth fund agreed last year to contribute up to $20 bill
Blackstone looks to manage $1t in assets by 2026
The firm currently manages $439 billion, a five-fold increase since it went public in 2007.
Nielsen Holdings expands review to sell entire TV ratings firm
Nielsen is heavily indebted, the legacy of a leveraged buyout in 2006 by six private equity firms.
Tencent-backed EV maker NIO said to price IPO at bottom of target range
The IPO priced at $6.25, at the low end of its $6.25 to $8.25 target price range, will value NIO at $6.4 billion
Chinese e-commerce portal Yunji Weidian taps banks for U.S. IPO
The company, which broke even in 2017 and expects to be profitable in 2018, has plans to raise around $1 billion in the IPO
Blackstone to kick off new fundraising ‘super cycle’ to grow asset pile
Blackstone has $88 billion in uninvested capital but still plans to begin raising new flagship private equity and real estate funds in the coming mont
Colony Capital, TPG, others in race to manage $1b Abraaj healthcare fund
How Abraaj used some of the money in the healthcare fund led to a dispute with four investors including the Bill & Melinda Gates Foundation and the IF
