Know What's Happening in Investment Banking
Know What's Happening in Investment Banking
SpaceX eyes $5B Saudi anchor investment ahead of $75B IPO plan
SpaceX is in talks with Saudi Arabia’s Public Investment Fund for an anchor stake worth about $5 billion. The funding would support a planned IPO targeting roughly $75 billion, which would dwarf previous record offerings. The PIF, currently holding just under 1 % of SpaceX, seeks the new stake to avoid dilution.
Irish drone logistics firm Manna announced a $50 million Series B round, lifting total capital raised to $110 million. The financing, led by ARK Invest, Schooner Capital and the Ireland Strategic Investment Fund, will fund the creation of 400 high‑skill jobs—300 in Ireland and 100 in the United States. Manna, which designs, builds and operates its own drones, now expands its workforce from 170 to over 570 employees across Dublin, Texas and Finland. The raise underscores investor confidence in autonomous aerial delivery as a scalable commercial model.
AI is reshaping private equity across the entire investment lifecycle, from deal sourcing to exit planning. Firms that deploy AI for document processing report 50‑80% faster deal times and 35‑85% productivity gains in due diligence. A recent survey shows 82%...
Beijing‑based GL Capital announced a $385 million first close for its flagship GL China Opportunities Fund V, representing roughly 48% of the $800 million target. The fund, launched in September 2025, will focus on buyout investments across China’s high‑growth sectors. GL Capital...
Inox Clean Energy has completed the acquisition of Vibrant Energy for an enterprise value of roughly ₹5,000 crore (about $600 million), adding a 1,337 MW renewable portfolio spanning five Indian states. The deal closed in a record four months despite a volatile global...
OpenAI announced a record $122 billion funding round, pushing its valuation to roughly $852 billion. The round was led by Amazon, Nvidia and SoftBank, which together contributed $110 billion, with Amazon alone committing $50 billion. OpenAI said the capital will fuel compute expansion, research...
Bitcoin Standard Treasury (BST) announced a $4 billion combination with Cantor Equity Partners I (NASDAQ: CEPO), a SPAC that closed last July. The deal merges BST’s extensive Bitcoin holdings and a novel Bitcoin PIPE with Cantor’s public‑market platform, creating one of the...
CoinShares PLC, the digital‑asset manager with over $6 billion in AUM, began trading on Nasdaq on April 1, 2026 under the ticker CSHR. The listing resulted from a business combination between CoinShares International, the SPAC Vine Hill Capital Investment Corp, and a newly...
AccessPay, a UK‑based bank integration and payment automation SaaS, has secured a majority investment from private‑equity firm Accel‑KKR. The capital infusion will fund product development, scale operations and enable strategic acquisitions, positioning AccessPay to meet rising demand for AI‑ready finance...
OceanSound Partners announced the closing of its third flagship fund, raising approximately $3.4 billion, roughly twice the size of its prior vehicle. The New York‑based firm, led by founder and CEO Joe Benavides, will deploy the capital into technology companies serving...
Standard Chartered has hired Ole Matthiessen as Global Head of Transaction Services & Digital Assets, leading a newly unified team within its Corporate & Investment Banking division. The team combines transaction banking, financing and securities services with the bank’s rapidly...
Investment Week released its March 2026 capital markets roundup, the third installment of the series, authored by chief reporter Linus Uhlig. The piece reviews key developments across the Middle East, UK gilts and global interest‑rate trends during the month. Although...
Keurig Dr Pepper has completed its acquisition of 96.22% of JDE Peet’s, moving to split the combined business into two publicly traded companies. The coffee arm, encompassing Keurig, Jacobs, Douwe Egberts, L’OR and Peet’s, will generate roughly €14 billion (about $15.3 billion) in annual...
Morningstar DBRS issued provisional ratings for NewDay Partnership Master Issuer plc’s Series 2026‑1 notes, assigning AAA to Class A, AA to Class B and BBB to Class C. The notes are secured by a pool of co‑branded UK credit‑card receivables, recently bolstered by high‑performing...
617 Collective announced the purchase of Miami influencer talent agency Zanahoria Azul, adding a curated Hispanic creator roster to its portfolio. The deal, terms undisclosed, gives Zanahoria Azul access to 617’s capital and shared services while preserving its brand and...
InsideArbitrage’s April 2026 Special Situations newsletter updates its Deal‑in‑the‑Works (DITW) pipeline, now cataloguing 1,109 potential transactions dating back to 2017. The report highlights a renewed “relief rally” as the CNN Fear & Greed Index plunged into single‑digit territory on March 30,...
McCormick & Co. announced a deal to combine with Unilever Plc.'s Select Foods business, paying $15.7 bn in cash and issuing equity worth $29.1 bn. The transaction values Unilever Foods at about $44.8 bn and is slated to close by mid‑2027 pending approvals.
The British Business Bank secured a £200 million (approximately $256 million) first close in its inaugural external capital raise. This marks the bank’s first time tapping private‑sector investors beyond government funding. The capital will be deployed to expand SME lending, support green...
EnerVenue announced a $300 million Series B+ financing round and the appointment of Henning Rath as CEO. The capital will fund large‑scale manufacturing of its lithium‑free nickel‑hydrogen batteries and the launch of a regional headquarters in Hong Kong, positioning the company...
Unilever is merging its food division with McCormick & Company in a $65 billion Reverse Morris Trust that should close around mid‑2027. The British consumer‑goods group will receive $15.7 billion in cash and retain a majority economic stake in the combined entity,...
CoinShares, a Jersey‑based crypto asset manager that has been profitable every year since 2014, debuted on the NASDAQ through a SPAC merger with Vine Hill Capital. The listing adds a successful, fee‑based crypto business to the pool of publicly traded...
OpenAI closed a $122 billion financing round anchored by Amazon, Nvidia and SoftBank, lifting its post‑money valuation to $852 billion. The deal adds $3 billion from retail investors and expands a $4.7 billion revolving credit facility, fueling the company’s push for more chips, data...
Eli Lilly announced a $6.3 billion cash‑plus‑contingent‑value‑right acquisition of Centessa Pharmaceuticals, paying a 37.8% premium, while Biogen launched a $5.6 billion tender offer for Apellis at a 140% premium. Fidelity BancShares agreed to buy Affinity Bancshares for $142.8 million, offering a 17.3% premium, and...
Carlyle has agreed to a majority investment in MAI Capital, valuing the private‑credit manager at more than $2.8 billion. The deal underscores Carlyle’s push into high‑yield lending platforms as private‑credit assets surge. At the same time, peers such as Blue Owl,...
Arctic Bioscience announced a new NOK 15 million (≈$1.65 million) bank loan, adding to an NOK 8 million (≈$0.88 million) credit‑facility increase from December 2025. The combined financing lifts the company’s available liquidity by roughly NOK 23 million (≈$2.5 million). Guarantees from Innovation Norway (NOK 6 million) and shareholders (NOK 18 million) back...
Blackstone is in early talks to launch a Mumbai‑based IPO for its AGS Health unit, targeting up to $500 million in proceeds. The offering would combine primary shares and secondary sales, with a valuation goal of roughly $3 billion. AGS Health, founded...
Legacy internet pioneer Rediff.com India Limited has filed confidential draft papers with SEBI to raise between Rs 600 crore and Rs 800 crore (approximately $72‑96 million) in an IPO. The filing uses India’s confidential pre‑filing route, allowing the company to postpone disclosure of valuation and...
New Hampshire became the first U.S. municipality to issue a Bitcoin‑backed municipal bond, receiving a Ba2 rating from Moody’s on April 1, 2026. The bond is the inaugural public‑finance instrument backed by cryptocurrency assets and is classified as upper‑medium‑grade, reflecting moderate credit...
DNeX (Dagang NeXchange Bhd) announced a sukuk programme worth up to RM3 billion (approximately $630 million) to fund working capital, investments and capital expenditure. The programme, structured under the Wakalah Bi Al‑Istithmar principle, will issue both senior medium‑term notes and subordinated perpetual notes, with...
Apellis Pharmaceuticals surged to a two‑year high after announcing a definitive agreement for Biogen to acquire the company at $41 per share, representing a 140% premium to the pre‑deal price. The transaction values Apellis at roughly $5.6 billion and includes an...
Centurium Capital is acquiring Blue Bottle’s global retail stores for under $400 million, giving Luckin Coffee a premium brand to complement its low‑price model. Mixue Bingcheng is piloting freshly ground coffee in select outlets, installing $4,800 automatic machines to broaden its...
Powerica, a power‑solutions provider, is set to list on the BSE and NSE on April 2 after raising roughly $40 million from anchor investors and a total IPO size of $120 million. The issue, priced at ₹163‑₹172 per share (about $2.00‑$2.07), saw moderate...
US IPO market faces headwinds as the Iran conflict and AI concerns dampen investor confidence. Banks remain optimistic that a potential SpaceX listing, targeting up to $75 billion, could dominate the year’s deal flow. Early 2026 Q1 saw the strongest IPO...
Morris Nichols has released the 2026 edition of its 192‑page “Mergers & Acquisitions: A Delaware Checklist,” available for free download. The guide compiles the most critical Delaware court decisions on fiduciary duties, poison pills, deal protections, appraisal rights, preferred stock...
Unilever will leave its India operations out of the $44.8 billion merger with McCormick that creates a $20 billion‑revenue foods powerhouse. The Indian foods unit, which contributes roughly $1.8 billion in annual sales (about 22% of Hindustan Unilever’s total), will remain with the...
One impact of remote or partially remote teams - lower purchase price if startup goes for a smaller exit / M&A (or in some cases acquisition doesnt happen at all) Reason: fewer buyers want fully remote teams, or teams w key...
Julian Hearn just sold Huel to Danone for €1bn. he walked away with £420m personally. that is 49% of the exit. most DTC founders who raise that much end up with 15%. two things made the difference: how he built the business, and...
Rebellions, the South Korean AI‑inference chip maker, closed a $400 million financing round that lifts its valuation to $2.34 billion. Led by Mirae Asset and the Korea National Growth Fund, the capital will fund U.S. expansion, new AI infrastructure products and preparation...
And @tedcruz & @ChrisRuddyNMX & @AGomezFCC have a problem with the @NXSTMediaGroup - @TEGNA merger at $6.7 billion. #pathetic
Whoop closed a $575 million Series G financing that lifts its valuation to $10.1 billion. The round, led by Collaborative Fund and backed by sovereign wealth funds, health institutions and star athletes, will fund a 600‑person hiring spree and overseas expansion, underscoring rising...
Eli Lilly agreed to buy Centessa Pharmaceuticals for up to $7.8 billion, paying $38 per share in cash plus a contingent value right worth up to $9 per share. The announcement lifted Centessa’s Nasdaq price 45% to a 52‑week high, underscoring...
JUST IN: OpenAI's $122,000,000,000.00 raise will cover operations for just 18 months before they need more funding.
JUST IN: SpaceX formed a 21-bank syndicate to handle its IPO, marking one of the largest private-to-public tech listings in years according to Reuters.
RBC BlueBay Asset Management’s credit team, led by Mihai Florian, is urging investors to revisit private credit opportunities in emerging markets, arguing that misconceptions about risk have left attractive yields untapped. The firm highlights its disciplined underwriting, local partnerships, and...
Revolut is reportedly in advanced talks to acquire an Asian bank to secure a full banking licence and accelerate its regional push. While a takeover of DBS Group is dismissed as financially impractical, analysts point to smaller digital‑only institutions as...
Nvidia announced a $2 billion cash infusion into Marvell Technology, cementing a partnership to develop AI‑focused networking silicon for data‑center customers. The deal sparked a 12% jump in Marvell shares and reinforces Nvidia’s push into high‑growth networking equipment.
Megadeals are keeping the bankers and lawyers busy on Wall Street. It’s been the best start to the year ever for transactions valued at $10 billion or more. https://t.co/99uezBcTRB
Whoop announced a $575 million Series G round that lifts its valuation to $10.1 billion, fueling a hiring surge, international rollout and positioning the firm for a potential IPO. The round draws sovereign wealth funds, health institutions and star athletes, underscoring deep VC...
Asset‑Backed Finance (ABF), also known as specialty finance or structured private credit, leverages securitisation technology to fund esoteric and illiquid assets. In a recent interview, Kanav Kalia, chief sales officer at Oxane Partners, highlighted the firm’s role in scaling UK...
Singapore has launched a sweeping overhaul of its equity capital markets, expanding the Equity Market Development Programme (EQDP) nine months ago. Early indicators show measurable traction as policymakers, fund managers, and market operators co‑ordinate around a structural reset rather than...
SpaceX has quietly filed a confidential IPO with the SEC, aiming for a June market debut and a potential valuation of $1.75 trillion, one of the largest ever for an aerospace firm. In parallel, Amazon struck a partnership with Delta Air...
