The Wall Street Journal: Peloton interviewing banks as it readies to go public in 2019
Peloton Interactive Inc. is interviewing banks this week for roles on an initial public offering, taking a critical step toward an IPO this year, according to people familiar with the matter......»»
The Wall Street Journal: Mortgage lender Better to go public through SPAC
Startup mortgage lender Better, whose valuation has swelled in the private markets, said Tuesday that it plans to go public by merging with a special-purpose acquisition company......»»
The Wall Street Journal: Elon Musk’s SpaceX is buying up a village in Texas Village. Homeowners are crying foul
In autumn 2019, Celia Johnson began resisting efforts by billionaire Elon Musk’s SpaceX to buy two modest houses she owns near the company’s rocket-launch facility......»»
Ant Troubles Not Over? Jack Ma"s Relations With Regulators Said To Be Under Beijing Scrutiny
Alibaba Group Holdings Ltd (NYSE: BABA)-backed Ant Group is under fresh regulatory scrutiny as China is now probing how the ace entrepreneur Jack Ma won quick approvals for the stock’s initial public offering last year, The Wall Street Journal read more.....»»
Discord Sets Aside Microsoft"s Acquisition Bid In Favor Of IPO Plan Revival: WSJ
Messaging platform Discord Inc has ended acquisition talks with Microsoft Inc (NASDAQ: MSFT) as it plans to stay independent and chase a potential initial public offering, The Wall Street Journal read more.....»»
The Wall Street Journal: Oatly, backed by Oprah and Blackstone, files for IPO
Oatly Group AB has formally filed paperwork Monday for an initial public offering in the U.S., nine months after private-equity giant Blackstone Group Inc. and a handful high-profile celebrities took a stake in the oat milk producer......»»
The Wall Street Journal: WeWork’s new push to go public hasn’t eased regulators’ concerns
WeWork isn’t doing an initial public offering this time, but merging with a special-purpose acquisition company, or SPAC......»»
The Wall Street Journal: McConnell backs off warning that companies should stay away from politics
On Wednesday, at another public appearance in Kentucky, McConnell acknowledged: “I didn’t say that very artfully yesterday.” Companies are entitled to be involved in politics, he said......»»
The Wall Street Journal: Online marketplace StockX valued at $3.8 billion, lets some employees sell shares
The 35% jump in valuation comes ahead of the company’s expected public listing that is likely to happen as soon as the second half of this year, according to people familiar with the company’s plans......»»
The Wall Street Journal: Coinbase set to go public in direct listing April 14
Coinbase Global Inc. plans to go public in a highly anticipated direct listing on April 14, the U.S.’s largest cryptocurrency exchange said Thursday......»»
The Wall Street Journal: Startups Axios and the Athletic discuss merger, consider SPAC deal
Sports-media outlet the Athletic is in merger talks with news startup Axios, according to people familiar with the matter, part of a plan to build a larger online-publishing company that could include going public through a blank-check firm......»»
The Wall Street Journal: Fed says limits on payouts, share buybacks to end for most banks after June 30
The Federal Reserve said temporary limits on dividend payments and share buybacks will end for most banks after June 30, following the completion of annual stress tests to determine their resilience to a hypothetical downturn......»»
The Wall Street Journal: TuSumple IPO filing shows autonomous trucks are still a money-loser
Self-driving company TuSimple Inc. unveiled paperwork for its initial public offering Tuesday showing it has lost more than $300 million over the past three years in the race to be the first to launch fully autonomous long-haul trucks......»»
Alibaba Asked To Get Rid Of Media Assets By Beijing: WSJ
China’s government wants Alibaba Group Holding Ltd. (NYSE: BABA) to sell its media assets due to concerns about the technology giant’s growing influence over public opinion in the country, the Wall Street Journal read more.....»»
Report: Torchy"s Tacos planning IPO with help of major banks
Torchy's Tacos could be looking at a $1 billion valuation through an initial public offering this year, according to a recent Bloomberg report. It would be the second local Tex-Mex chain to hit Wall Street......»»
Short Sellers Are Increasingly Targeting SPACs: WSJ
SPACs are under attack. The Wall Street Journal today rounded up the short-selling activity surrounding special purpose acquisition vehicles, the path to going public that's in vogue these days. read more.....»»
The Wall Street Journal: Ride-hailing startup Grab is in talks to go public through SPAC merger
Grab Holdings Inc. is in talks to go public through a merger with a SPAC that could value the Southeast Asian ride-hailing startup at as much as $40 billion, making it by far the largest such deal on record......»»
The Wall Street Journal: SoftBank Vision Fund injected at least $400 million into Greensill Capital in late 2020
The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019......»»
Lucid Has An Obligation To Build Saudi EV Plant And It Could Prove Costly: WSJ
Lucid Motors Inc, which is going public through a merger with the special purpose acquisition company Churchill Capital Corp IV (NYSE: CCIV), has committed to building a potentially expensive plant in Saudi Arabia, the Wall Street Journal read more.....»»
The Wall Street Journal: Billionaire philanthropist MacKenzie Scott marries Seattle school teacher
MacKenzie Scott, the philanthropist formerly married to Jeff Bezos, has married again following her 2019 divorce from the Amazon.com Inc. founder, according to a person familiar with the matter......»»