NikhilSubba
Stories by NikhilSubba
AirAsia Group to undertake private placement to raise up to $113m
The struggling airline has been seeking to raise $2.5 billion from loans and investors.
SS&C Technology withdraws $2.3b offer to buy Australia’s Link Group
Link had asked the US firm to better its offer, despite it being 5% higher than a rival bid.
Australia’s Far gets $159m buyout offer from Remus Horizons
Cash-strapped Far has struggled due to the coronavirus-induced downturn in the oil and gas industry.
Australia’s Future Fund names Raphael Arndt as CEO
Arndt, who has been Future Fund's chief investment officer since 2014, will take over from acting CEO Cameron Price.
Australia’s Prospect signs MoU with Russia’s Rosatom, stake sale in docket
Prospect Resources has signed an MoU with a unit of Russia's Rosatom that could see the latter buy a stake in Prospect as well as supplies of the meta
KKR plans to list its Indian businesses on local exchange: Report
The expected public offering of KKR's Indian unit excludes private equity operations
Chinese-owned browser developer Opera’s shares soar in US market debut
Opera's IPO of 9.6 million ADSs was priced at the top end of its indicated range, raising about $115 million.
Chinese e-commerce site Pinduoduo targets up to $1.63b in US IPO
If successful, this will be one of the biggest U.S. floats by Chinese firms in four years.
Nasdaq CEO says open to cryptocurrency exchange in future
The view that cryptocurrencies such as bitcoin will be a future way to support commerce is becoming more mainstream, Nasdaq CEO Adena Friedman said.
Dropbox’s higher-than-expected priced IPO raises $756m
The strong pricing bodes well for other highly anticipated IPOs from tech unicorns, or startups valued at more than $1 billion.