Business
Databricks in talks to raise capital at US$134 billion valuation: report
Data analytics firm Databricks is in talks to raise US$5 billion at a valuation of US$134 billion, which is roughly 32 times this year’s…
Tag
raise
Business
Indonesian fund to raise another 12.6 trillion rupiah from patriot bonds
Indonesian sovereign wealth fund Danantara is raising an additional 12.6 trillion rupiah (S$991 million) through a debt offering to the…
Business
Car parks to be sold as council aims to raise cash
Two council-owned car parks in Bradford are to be sold at auction as part of the authority's efforts to balance its books and stave off…
Business
Infinity Development aims to raise net proceeds of S$11.1 million in Catalist IPO
The adhesive manufacturer will use the bulk of the net proceeds, or S$6.2 million, towards expanding in overseas markets Hong Kong-based…
Business
UltraGreen.ai aims to raise US$400 million in Singapore IPO, term sheet shows
UltraGreen.ai, a medical imaging and fluorescence-guided surgery company, is aiming to raise about US$400 million in a Singapore initial…
Business
Warner Bros Discovery wants Paramount to raise its offer to US$30 per share, Axios reports
WARNER Bros Discovery’s board wants Paramount Skydance to sweeten its latest bid of US$23.5 per share to about US$30 apiece, Axios…
Business
WeRide is poised to raise HK$2.39 billion in Hong Kong listing
WeRide is set to raise HK$2.39 billion (S$402 million) from its Hong Kong share sale, according to sources familiar with the matter, as it…
Business
iX Biopharma proposes placement to raise gross proceeds of at least $5 million as it eyes US expansion
The placement price represents a discount of 9.7% to the volume weighted average price (VWAP) of S$0.1107 per share Mainboard-listed iX…
Business
iX Biopharma proposes placement to raise gross proceeds of at least S$5 million as it eyes US expansion
The placement price represents a discount of 9.7% to the volume weighted average price (VWAP) of S$0.1107 per share Mainboard-listed iX…
Business
Meituan seeks to raise US$3 billion in dual-currency bond sale
The company operates online platforms for food delivery and other consumer products Meituan plans to raise around US$3 billion in what…
Business
SoftBank-backed Lenskart IPO to raise as much as 72.8 billion rupees
The eyewear retailer is the latest big name to go public in the country, coming on the heels of two billion-dollar IPOs this month Eyewear…
Business
Ripple-tied treasury firm to raise over US$1 billion to go public
The companies have funded tens of billions of US dollars purchases of their target tokens and enjoyed hefty premiums when investors were…
Unsorted
Shoes for a Cure Makes a Splash in Miami as Top Brands Unite to Raise Money for Breast Cancer Research
Shoes for a Cure is making a splash in Miami Design District this weekend to raise money for breast cancer research. More than 20 brands,…
Business
GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s…
Business
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s…
Business
Del Monte expects to raise US$500 million to US$600 million in private placement to tackle debt
The company is also considering asset disposals and engaging bankers on its loans Del Monte Pacific could raise between US$500 million and…
Business
VPBank Securities aims to raise 12.7 trillion dong in IPO this month
VPBank Securities, a stock brokerage firm owned by Vietnam Prosperity Bank, aims to raise 12.7 trillion dong (S$622 million) in an initial…
Business
Crypto giant Tether seeks US$500 billion valuation in major raise
The El Salvador-based company has made a fortune by parking the reserves that back its token in cash-like assets, including US Treasuries,…
Business
‘Baby Shark’ creator Pinkfong seeks to raise 76 billion won from Seoul IPO
The company behind Baby Shark, the most-watched YouTube video of all time, is seeking to raise as much as 76 billion won (S$70 million)…
Business
Keppel DC Reit acquires Tokyo data centre for 82.1 billion yen, launches preferential offering to raise S$404.5 million
The new, freehold facility is contracted to a leading global hyperscaler for 15 years The manager of Keppel DC Reit on Monday (Sep 22)…
Business
Bank of Japan may raise rates in October even if Takaichi wins leadership race, says ex-central bank official
The Bank of Japan could raise interest rates in October even if Sanae Takaichi, a proponent of aggressive monetary easing, wins the ruling…
Business
China's Tencent aims to raise US$1 billion equivalent in dim sum bonds
Chinese gaming and social media leader Tencent Holdings is aiming to raise the equivalent of US$1 billion in a three-tranche offshore yuan…
Business
Centurion Accommodation Reit aims to raise S$1.5 billion through IPO
It will be the first pure-play purpose-built living accommodation Reit listed on SGX Mainboard-listed Centurion Corp is spinning off…
Business
AI infrastructure company Nebius to raise US$3 billion to fuel growth
Nebius Group said on Wednesday (Sep 10) it would raise US$3 billion to fuel growth in its core artificial intelligence cloud business, on…