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New York Stock Exchange

Swiss cyber security firm Acronis gets $250mn in CVC-led funding
Business & Finance

Swiss cyber security firm Acronis gets $250mn in CVC-led funding

  • Founded in Singapore in 2003, the privately-held firm views this latest investment as one of its last prior to a future "liquidity event", the head of Acronis said.
  • "We definitely are looking into providing liquidity for our shareholders, whether it's an IPO or M&A, or via dividends," its founder and chief executive Serguei Beloussov told Reuters.
Published 04 May, 2021 05:36pm
Software maker UiPath aims for nearly $26bn valuation in US IPO
Markets

Software maker UiPath aims for nearly $26bn valuation in US IPO

  • The New York-based company plans to sell 21.3 million shares priced at between $43 and $50 per share, raising about $1.06 billion. UiPath was valued at $35 billion during a funding round earlier this year.
  • It will list its shares on the New York Stock Exchange under the symbol "PATH". Morgan Stanley and J.P.Morgan are the offering's lead underwriters.
Published 12 Apr, 2021 06:35pm
Vingroup eyes $60 bln valuation for car unit in potential US IPO
Markets

Vingroup eyes $60 bln valuation for car unit in potential US IPO

*Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New York Stock Exchange, the sources said. * VinFast became Vietnam's first fully fledged domestic car manufacturer when its first gasoline-powered models built under its own badge hit the streets in 2019.
Published 12 Apr, 2021 06:20pm
NYSE to delist three Chinese telecom firms, reversing course again
Markets

NYSE to delist three Chinese telecom firms, reversing course again

  • The latest move marks the third about-turn, amid confusion over rules set by the Trump administration and escalating tensions within Washington on China policy.
  • Plans to delist the three Chinese firms were prompted by a White House executive order banning US investment in Chinese military-linked companies.
Published 06 Jan, 2021 08:39pm