Flipkart is exploring a US listing via a special purpose acquisition company (SPAC), although a traditional IPO is much more likely, people familiar with the matter said. The talks for a deal with a blank-check firm are...
Mytrah Energy explores merger for SPAC listing
Mytrah Energy India Pvt. Ltd is exploring a merger with other green energy firms in India to create a bigger entity ahead of a US listing plan through the special purpose acquisition company (SPAC) route option, said...
Hong Kong’s Rosewood Hotel Group to file for SPAC listing: sources
Hong Kong’s luxury Rosewood Hotel Group, a unit of property developer New World Development, plans to file for a special purpose acquisition company (SPAC) listing, three people with knowledge of the matter said, adding...
Chinese EV startup Byton explores listing via SPAC deal -sources
Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters...
Renew Power eyes merger with clean energy SPACs for US listing
Indian solar and wind power producer ReNew Power is exploring merger with one of the US-listed blank cheque financiers to capitalise on the growing frenzy of such vehicles that created with the sole purpose of acquiring...
Embassy group listing its real estate business without going through IPO process
The proposed merger of Indiabulls Real Estate Ltd.'s (IBREL) with two subsidiaries of Bengaluru-based Embassy Group will create one of India’s leading listed real estate development platforms with launched/planned area...
China slams the brakes on Ant Group’s $37 billion listing
China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma. The...
Chinese fintech firm Lufax raises $2.4 billion ahead of US listing
Financial technology firm Lufax has raised $2.4 billion ahead of its Wall Street debut Friday, a report said, marking one of the best US initial public offerings by a Chinese company this year, despite flaring tensions...
Carlyle, Pacific Equity sweeten bid for Australia’s Link, eye listing PEXA
Link Administration Holdings Ltd said on Monday private equity firms Carlyle Group and Pacific Equity Partners raised their takeover offer for the shareholder registry firm to A$2.87 billion ($2.04 billion), days after...
Vedanta seeks ways to raise funds after delisting failure
Anil Agarwal’s natural resources company Vedanta Ltd may offer an inter-corporate loan to the Singapore-listed Vedanta Resources Ltd (VRL) to help pay off debt, after its bid to delist from the exchanges failed, said...
China’s ZTO Express seeks to raise up to $1.55 billion in Hong Kong listing
Chinese delivery group ZTO Express aims to raise up to $1.55 billion in the Hong Kong Stock Exchange, according to the company’s filings, the latest in a series of secondary listings to be carried out in the city...
Whether Global corporation should combine mandatory Open Offer and Delisting Offer?
The doors of Indian economy were opened to overseas Investors, due to global acquisitions, mergers, demergers, etc. among the conglomerates, the impact is on change in control of Indian Listed entities resulting direct...