Indian banks urge return to call option valuation for perpetual bonds – sources
By Dharamraj Dhutia, Nikunj Ohri and Jayshree P Upadhyay MUMBAI (Reuters) – Indian lenders have suggested that investments in perpetual bonds issued by banks should be valued according to the call option…
Buffett’s Berkshire countersues billionaire Haslams in battle over Pilot valuation
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway has accused billionaire Jimmy Haslam of promising secret payments to staff that would inflate the price Berkshire would have to pay for the…
Shein targets up to $90 billion valuation in US IPO – Bloomberg News
(Reuters) – Shein is hoping for a valuation of as much as $90 billion for an eventual U.S. initial public offering, Bloomberg News reported on Monday, citing people familiar with the matter.…
Trump Says Letitia James Has ‘Defrauded The Public,’ Rips $18 Million Mar-A-Lago Valuation
Trump Says Letitia James Has ‘Defrauded The Public,’ Rips $18 Million Mar-A-Lago Valuation Harold Hutchison on October 17, 2023 Former President Donald Trump blasted Democratic Attorney General Letitia James of New York…
Birkenstock shares fall 11% in market debut to notch $8.32 billion valuation
(Reuters) – Luxury sandal maker Birkenstock notched a valuation of $8.32 billion in its market debut on Wednesday after shares opened 11% below their offer price. The stock began trading at $41…
Nvidia, other US chip stocks stall over valuation, industry worries
By Lewis Krauskopf NEW YORK (Reuters) – Some of the shine is wearing off shares of Nvidia and other U.S. semiconductor companies after a stunning 2023 rally, as investors weigh steep valuations,…
SoftBank-backed Neumora valued at $2.51 billion in lukewarm debut
By Jaiveer Shekhawat (Reuters) -Shares of Neumora Therapeutics, which is backed by Amgen and Japan’s SoftBank, fell in their market debut on Friday, giving the company a market capitalization of $2.51 billion.…
Exclusive-Arm to fetch at least $54.5 billion valuation in IPO -source
By Echo Wang NEW YORK (Reuters) -Arm, the chip designer owned by SoftBank Group Corp, received enough backing from investors to secure at least the top end of the price range in…
Marketing firm Klaviyo eyes up to $8.4 billion valuation in US IPO
By Sri Hari N S and Manya Saini (Reuters) -Klaviyo is seeking a fully-diluted valuation of up to $8.4 billion in its initial public offering (IPO) in the United States, the marketing…
Alibaba’s grocery unit IPO put on ice amid disappointing valuation – Bloomberg News
(Reuters) -China’s Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment for consumer stocks, Bloomberg News reported on…
Faraday Future alleges “coordinated effort” to undermine valuation
(Reuters) – Faraday Future Intelligent Electric on Thursday said it has recently observed a series of “suspicious activities” which the electric-vehicle startup believes suggested a “coordinated effort” to undermine its valuation. The…
Imbue raises $200 million at over $1 billion valuation in AI funding boost
(Reuters) – AI research lab Imbue has raised $200 million in a Series B funding round, which included participation from Astera Institute and Nvidia, at a valuation of over $1 billion, the…
Temasek leads $140 million Ola Electric funding at $5.4 billion valuation – sources
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Singapore’s investment firm Temasek led a $140 million funding round in India’s Ola Electric at a valuation of $5.4 billion, two sources…
Exclusive-Arm signs up big tech firms for IPO at $50 billion-$55 billion valuation -sources
By Echo Wang NEW YORK (Reuters) -Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc have agreed to invest in the chip designer’s initial…
Arm set to target IPO valuation of $50 billion-$55 billion-sources
By Echo Wang NEW YORK (Reuters) – Arm Holdings Ltd is targeting a valuation between $50 billion to $55 billion for its much-awaited initial public offering (IPO), ahead of its roadshow with…
QIA to take stake in Ambani retail firm at $100 billion valuation
BENGALURU (Reuters) -Qatar Investment Authority will invest $1 billion for a 1% stake in India’s Reliance Retail Ventures, the retail arm of billionaire Mukesh Ambani’s Reliance Industries, nearly doubling its valuation to…
SoftBank buys Vision Fund’s stake in Arm at valuation of $64 billion-sources
By Anirban Sen NEW YORK (Reuters) – SoftBank Group Corp has acquired the 25% stake in Arm Ltd it does not directly own from its Vision Fund unit in a deal that…
Vietnam’s VinFast faces stern EV sales test to retain eye-popping valuation
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) – Vietnam’s EV champion VinFast has managed to sell Wall Street on a Nasdaq listing that values the loss-making startup at more than $85…
India’s ‘bad bank’ sees loan transfers dwindle on valuation, liability woes -sources
By Siddhi Nayak MUMBAI (Reuters) – India’s so-called ‘bad bank’ set up to buy legacy stressed loans from the country’s lenders has seen such purchases grind to a standstill recently due to…
Morgan Stanley warns of hit to equity valuation if US fiscal spending is cut
(Reuters) – Brokerage Morgan Stanley on Monday warned that lofty U.S. equity valuations could be questioned by investors if aggressive fiscal spending is curtailed after the downgrade of sovereign debt by ratings…
Volkswagen’s efforts to boost valuation stifled by lack of succession plan
By Jan Schwartz and Victoria Waldersee HAMBURG/BERLIN (Reuters) – As Volkswagen regears its strategy around boosting stock market value, investors warned its efforts would be wasted if it does not address the…
Insurance broker Acrisure prepares for 2024 IPO at over $20 billion valuation – source
(Reuters) – Insurance broker Acrisure has begun interviewing banks for an initial public offering next year which could fetch it a valuation of over $20 billion, a source familiar with the matter…
Microsoft notches record high valuation of nearly $2.6 trillion
By Chibuike Oguh NEW YORK (Reuters) -Microsoft Corp shares rose to a new record high close on Thursday as market optimism about the prospects of artificial intelligence (AI) has helped buoy the…
Fashion giant Shein raises $2 billion but lowers valuation by a third- WSJ
(Reuters) – Online fashion giant Shein raised $2 billion in its latest fundraising round that values the company at $66 billion, about a third less than a year earlier, the Wall Street…
Australian landlords push back on property valuation doomsday
By Lewis Jackson SYDNEY (Reuters) – Australia’s biggest landlords and developers played down concerns about inflated commercial property valuations at a conference on Tuesday, while acknowledging economic uncertainty was making investors and…
AI startup Cohere in talks to raise funding at $6 billion plus valuation -sources
By Krystal Hu (Reuters) – Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, is in talks to raise hundreds of millions of dollars in a funding round that could…
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