LONDON – Valereum Plc, a U.K.-based fintech company, announced Monday a $200 million investment partnership with Valereum QGP-SP, a move the company said will significantly strengthen its balance sheet and accelerate its growth strategy, including a target listing on a major…
WEST HOLLYWOOD: Dating and social networking app Grindr Inc. (NYSE: GRND), often called “the Global Gayborhood in Your Pocket™,” confirmed Friday it has received a non-binding, unsolicited proposal from its largest shareholders, Ray Zage and James Lu, to take the…
MANSFIELD: The Gorman-Rupp Company (NYSE: GRC) announced record financial results for the second quarter ended June 30, 2025, driven by increased sales across most markets and significant growth in incoming orders. The pump manufacturer reported second-quarter net sales of $179.0…
ZURICH: Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, has successfully completed its acquisition of Global Blue Group Holding AG (NYSE: GB), a leading provider of tax-free shopping and dynamic currency conversion solutions. The deal, valued at $7.50 per…
SAN FRANCISCO: Figma, a design software company, has filed for an initial public offering on Tuesday, marking one of the most anticipated market debuts in recent years as it prepares to list on the New York Stock Exchange under the…
McGraw Hill, a leading textbook publisher and educational course provider owned by billionaire Tom Gores’ Platinum Equity, filed for an initial public offering (IPO) in the U.S. on Friday, according to a statement. The move comes nearly four years after…
NEW YORK: QXO, Inc. (NYSE: QXO) announced Thursday it has submitted a proposal to acquire all outstanding shares of GMS Inc. (NYSE: GMS) in an all-cash transaction valued at approximately $5 billion, offering $95.20 per share — a 27% premium…
GE Aerospace has officially commenced operations as a standalone public entity, marking a significant chapter in the future of aviation. The company’s debut follows the successful spin-off of GE Vernova and is now listed on the New York Stock Exchange…
LONDON: Flutter Entertainment, the global sports betting and gaming group, announced today that it has listed its ordinary shares on the New York Stock Exchange (NYSE) under the ticker symbol “FLUT”. The company also cancelled its secondary listing on Euronext…
U.S. equities were higher at the close on Wednesday, as gains in the Technology, Basic Materials and Telecoms sectors propelled shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.86%, while the S&P 500 index added…
LONDON: DMGT currently owns a c.20% stake in Cazoo, the UK’s leading online car retailer with a fast-growing presence in Europe, through its venture capital arm, dmg ventures. DMGT notes the announcement by Cazoo of a definitive business combination agreement…