Niket Nishant
Stories by Niket Nishant
AIG to sell 20% stake in Corebridge to Japan’s Nippon Life for $3.8b
The deal is part of AIG's efforts to reduce its holdings in the life and retirement business.
Chinese art marketplace Tyfon to go public via $434m SPAC deal
Earlier this month, Chinese electric vehicle maker Zeekr's shares also debuted on the NYSE.
Reddit shares end trading up 48% in market debut
The IPO valued Reddit at $6.4 billion, and the company and its selling shareholders raised $748 million.
US stock trading app Webull to list on Nasdaq via $7.3b SPAC deal
Webull offers commission-free trading for stocks, equity options and ETFs.
Amer Sports rises 3% in tepid market debut after discounted US IPO
Amer Sports sold 105 million shares priced at $13 each to raise $1.37 billion.
Wilson racket maker Amer Sports eyes up to $8.7b valuation in US IPO
The IPO market is looking to stage a rebound as bets of a soft landing firm up.
Japan’s Monex to buy majority stake in Canadian crypto firm 3iQ for $40m
Monex said the acquisition will help boost its asset management business.
Canada’s Brookfield raises record $28b for infrastructure fund
Opportunities arising out of "deglobalization" would be one of the themes the fund would focus on.
CPP Investments appoints former Sun Life CEO to chair’s role
Connor is taking the chair at a time when CPP is locked in a dispute with the Alberta government
OpenAI in talks to sell existing shares to investors at boosted valuation: report
Deal could value Microsoft-backed OpenAI at between $80-90b.
