Tag: $1.2 billion
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AI finance startup Flex doubles valuation to about $1.2 billion, source says
July 14 : Flex, an AI startup pitching itself as a one-stop shop for the banking needs of mid-sized business owners, said it raised $70 million in a round led by Halo Fund, a venture firm co-founded by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney.The company did not disclose its valuation on…
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Exclusive-Kawasaki Heavy plans to raise $1.2 billion through new shares, CBs, sources say
TOKYO, July 1 : Japan’s Kawasaki Heavy Industries is finalising plans to raise about 200 billion yen ($1.23 billion) by issuing new shares and convertible bonds to fund capital expenditure, according to two sources familiar with the matter. The company will decide on the issuance as soon as this week, the so
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Warburg Pincus to acquire Japan’s J.S.B. in $1.2 billion deal
TOKYO/HONG KONG, June 12 : Warburg Pincus plans to launch a tender offer to acquire Japanese student housing provider J.S.B. for $1.2 billion, the U.S. private equity firm said on Friday.Warburg Pincus will offer 9,000 yen ($56.19) for each J.S.B. share. The tender offer is set to run from June 15 to July 27.
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Spacecraft developer Quantum Space to go public in $1.2 billion SPAC deal
June 8 : Space infrastructure company Quantum Space said on Monday it would go public through a merger with special purpose acquisition company Inflection Point Acquisition in a deal that values the combined company at about $1.2 billion.The deal comes as investor interest in the space sector has surged ahead
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