(Reuters) – RedBall Acquisition Corp, a special purpose acquisition company (SPAC) co-chaired by baseball executive Billy Beane and former Goldman Sachs banker Gerald Cardinale, said on Tuesday it plans to raise $500 million in its initial public offering. The offering on the New York Stock Exchange will consist of 50 million units, which include shares […]

(Reuters) – Australian fund manager Perpetual Ltd (PPT.AX) on Monday said it will buy a 75% stake in U.S.-based asset manager Barrow Hanley for $319 million, as it seeks to expand its global footprint. Perpetual also said it expects to report underlying profit after tax of $93.5 million for fiscal 2020, compared with $115.9 million […]

(Reuters) – Rare earth producer Lynas Corp (LYC.AX) said on Monday it signed a contract with the U.S. Department of Defense to begin initial design work for its heavy rare earth separation facility in Texas that the Pentagon is providing initial funding for. The ‘Phase 1’ funding forms part of a concerted effort by Washington […]

(Reuters) – Shares of Jamf Holding Corp JAMF.O jumped 77% in their U.S. debut on Wednesday, giving the software maker a market value of $5.35 billion. The blockbuster listing comes as many tech firms have benefited from companies allowing employees to work remotely, with the COVID-19 pandemic driving up demand for cloud computing services. Jamf […]

(Reuters) – Shares of Jamf Holding Corp JAMF.O jumped 77% in their U.S. debut on Wednesday, giving the software maker a market value of $5.35 billion. Shares opened at $46 compared to their IPO price of $26. Jamf on Tuesday raised $468 million in its upsized offering of 18 million shares. The company had targeted […]

(Reuters) – Software maker Jamf Holding Corp JAMF.O on Tuesday raised $468 million in its U.S. initial public offering, signaling strong demand for new issues in a market that has rebounded strongly from a coronavirus-induced slump. The company priced its offering of 18 million shares at $26 per share, above its price range of $21 […]

(Reuters) – Hedge fund Davidson Kempner said on Wednesday Thermo Fisher’s acquisition offer for German genetic test maker Qiagen was “wholly inadequate” and that it would not tenderings its share into the deal at the current offer. The fund which holds 3.1% of Qiagen shares, said the company should be sold for 50 euros ($57.21) […]

(Reuters) – Canada’s Cirque du Soleil Entertainment Group is poised to accept a recapitalization offer from a group of creditors, which would see them inject at least $300 million of new capital in the financially strapped company, Bloomberg News reported on Tuesday. The offer will be formally presented to a committee of Cirque’s board on […]

(Reuters) – Property data and analytics company CoreLogic Inc (CLGX.N) on Tuesday again rejected an unsolicited $7 billion buyout offer as inadequate after meeting with the two investment firms that made the bid, Senator Investment Group LP and Cannae Holdings Inc. “Despite the company’s recent guidance update for 2020 and disclosure of financial projections for […]

SAN FRANCISCO • Mr Nick Andersen packed up his life in Charleston, South Carolina, and headed south for a new job and a new start. On March 1, he signed a one-year lease on an apartment in Miami. Within two weeks of taking up his position at a financial software company, he was working from […]