Saturday, 15 Aug 2020

Analysis & Comment

Read the latest Analysis & Comment News from around the UK. Get all the headlines, pictures, video and analysis on the stories that matter to you…

Beike owner KE open to secondary Hong Kong or mainland listing after U.S. IPO

BEIJING (Reuters) – KE Holdings, operator of housing platforms Beike Zhaofang and Lianjia, is open to a secondary listing in Hong Kong or mainland China, after raising around $2 billion on Thursday in the biggest U.S. IPO by a Chinese company in two years. The U.S. listing went ahead despite escalating tensions between the world’s […]

Roper Technologies to buy Vertafore for $5.35 billion

(Reuters) – Roper Technologies Inc (ROP.N) said on Thursday it would buy Vertafore Inc, a private equity-owned insurance software vendor, for about $5.35 billion, in what would be its largest takeover deal to date. Reuters had earlier reported that the company was competing with private equity firms in an auction for Vertafore, which is owned […]

K-Pop group BTS' label Big Hit posts profit jump as it prepares for IPO

SEOUL (Reuters) – Big Hit Entertainment, the management label of hugely popular South Korean K-Pop group BTS, saw a 27% jump in half-year profits as its online concert and merchandise sales more than offset event cancellations during the COVID-19 pandemic. Earlier this month, Big Hit received preliminary approval for its planned initial public offering (IPO), […]

Biotech company CureVac aims to raise up to $245 million in U.S. IPO

FRANKFURT (Reuters) – CureVac, one of Germany’s leading contenders to develop a COVID-19 vaccine, said it aims to raise up to $245 million in an initial public offering (IPO) on the U.S. Nasdaq. The biotech firm said on Monday it plans to offer a total of up to 15.33 million new shares, adding they would […]

CureVac aims to raise up to $245 million in U.S. IPO

FRANKFURT (Reuters) – CureVac, one of Germany’s leading contenders to develop a COVID-19 vaccine, said it aims to raise up to $245 million in an initial public stock offering (IPO) on the U.S. Nasdaq. The biotech firm said on Monday it plans to offer a total of up to 15.33 million new shares, adding the […]

Davidson Kempner says again it will not be tendering Qiagen shares

BOSTON (Reuters) – Hedge fund Davidson Kempner said again on Thursday it will not be tendering its shares in Qiagen (QIA.DE), days after Thermo Fisher Scientific (TMO.N) said its offer to buy the German genetic test maker expires soon. “Davidson Kempner Will Not Be Tendering Into The Current Offer,” the hedge fund said in a […]

Davidson Kempner says again it will not be tendering Qiagen shares

BOSTON (Reuters) – Hedge fund Davidson Kempner said again on Thursday it will not be tendering its shares in Qiagen (QIA.DE), days after Thermo Fisher Scientific (TMO.N) said its offer to buy the German genetic test maker expires soon. “Davidson Kempner Will Not Be Tendering Into The Current Offer,” the hedge fund said in a […]

Telehealth company Teladoc to buy Livongo in $18.5 billion deal

(Reuters) – Telehealth market leader Teladoc Health (TDOC.N) said on Wednesday it would buy Livongo Health Inc (LVGO.O) in a cash-and-stock deal, valuing the company at $18.5 billion, to cash in on a rise in demand for online consultations amid the coronavirus crisis. The pandemic has thrust the U.S. telehealth industry into the spotlight this […]

Merlin Properties buoyed by Brookfield bid report

MADRID (Reuters) – Shares in Spain’s Merlin Properties (MRL.MC) rose as much as 13% in early Tuesday trading after the Expansion newspaper reported that Canadian fund Brookfield (BAMa.TO) was considering a takeover bid. Merlin, which manages a portfolio of offices and commercial real estate across Spain and Portugal, declined to comment on the report. At […]