MOSCOW, RUSSIA: Sistema PJSFC has sold 8.7% of the ordinary shares of PJSC Segezha Group, a leading timber holding company, to Bonum Capital Ltd for $150 million. Following the closing of the transaction, the Corporation’s stake in the share capital of Segezha Group stood at 62.2%. Prior to the closing of the transaction, Segezha Group…
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LUKOIL and Gazprom Neft sign binding agreement
MOSCOW: PJSC LUKOIL and PJSC Gazprom Neft concluded sale and purchase agreement for 50% equity share of Meretoyakhaneftegaz LLC, a Gazprom Neft wholly owned subsidiary. The contract was signed as part of creating a joint venture to develop a large oil and gas cluster in the Nadym-Pur-Tazovsky area of the Yamal-Nenets Autonomous District. The transaction…
7 Ways To Prepare For An Important Test
The pressure is immense, the nerves are through the roof. You know it’s a big test – one of those important tests you’ll need to ace in order to get where you want to go. But how? How do you prepare for an important test like this? Well, we’re here with 6 tips on how…
Sirnaomics announces IPO in Hong Kong
HONG KONG: Sirnaomics has announced an initial public offering (IPO) in Hong Kong. The company is offering 7.54 million shares at HK$65.9-HK$72.7 per share. Sirnaomics Ltd is the first and only clinical-stage RNA therapeutics biopharmaceutical company with a strong presence in both China and the U.S. It will start its public offering on Monday and…
A Useful Guide To Tax Planning Matters For Americans Abroad
We tend to lose sight of our obligations at home when we decide to vacation—and one of those obligations is paying taxes. If we don’t know what we’re doing, we may end up facing some pretty hefty repercussions with the authorities, especially in the United States, where taxes are strictly enforced. Luckily, there are ways to…
Important Tips You Should Know About Trading Cryptocurrencies
It is evident that cryptocurrency trading has been on a rise in recent years. The trend of investing in virtual currency assets has increased significantly, and it doesn’t seem to be slowing down anytime soon. In fact, some experts have predicted that this could become the norm for many investors in the near future. So…
SBP to launch Asaan Mobile Account
KARACHI, PAKISTAN: The State Bank of Pakistan (SBP) will be launching a new initiative, Asaan Mobile Account (AMA) on Monday, December 13, 2021, a news release said. The initiative has been developed under the National Financial Inclusion Strategy with objective to bring further ease in remote account opening under branchless banking. “This means that the…
UpCounsel CEO KJ Erickson raises $3.9mn from retail investors
SAN FRANCISCO: UpCounsel CEO KJ Erickson, a 4-time founder and Y Combinator, Stanford and Oxford Alumna, became the first female CEO to raise over $3.9 milion in a Regulation Crowdfunding campaign on Wefunder, the most popular retail investor platform in the United States. UpCounsel is the leading online marketplace connecting businesses with experienced independent attorneys….
HashiCorp prices IPO at $80 per share
SAN FRANCISCO HashiCorp, a leader in multi-cloud infrastructure automation software, announced the pricing of its initial public offering (IPO) of 15.3 million Class A common stock at $80.00 per share. All of the shares are being offered by HashiCorp. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses…
CJ Olive Young announces $1.0 billion IPO
HONG KONG : CJ Olive Young, South Korea’s largest beauty store chain, has announced US$1 billion initial public offering (IPO) in Korea. Olive Young was spun off from CJ Olive Networks Co., an online and digital marketing services company, in 2019. CJ Olive Young has about 1,200 stores across South Korea, and delivers its products…
Gaming Stocks to Perform Better in Q4 of 2021
The COVID-19 pandemic and its resulting restrictions have had far-reaching impacts, particularly on the gaming and entertainment industry. While lockdowns saw temporary closures for the casino industry, online gaming saw a boost thanks to consumers’ search for alternatives. As a result, casinos have started to negotiate partnerships with online gaming studios. The transition from physical…
Heyday raises $555 million in Series C financing
SAN FRANCISCO: Heyday raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm. Heyday acquires consumer-goods companies that sell products on Amazon and aims to improve their design, production and marketing. It has also started its own brands. Existing investors including General Catalyst, Victory Park Capital and…