Capital One Closed Hopper Tech and Employee Deal in April, Focuses on Travel Expansion
Capital One completed an April deal that brings Hopper's travel‑booking technology and roughly 150 employees in‑house, strengthening its Capital One Travel platform. The acquisition does not include all of Hopper’s assets, leaving the core B2B product with the original company. Capital One is simultaneously expanding its travel offering through other strategic purchases, notably Discover and Brex, and by investing in AI‑driven marketing. Hopper, now focused on its B2B business, has secured a partnership with Canada’s RBC to broaden its enterprise reach.
Yesway IPO: Stock Price Will Be Closely Watched Today as the Convenience Store Chain Makes Its Nasdaq Debut
Yesway Inc., the owner of the Yesway and Allsup’s convenience store chains, debuted on Nasdaq on Wednesday under the ticker YSWY. The Texas‑based retailer operates 448 stores across nine western states, with a footprint entirely west of the Mississippi. Its...
PSE to Ease Initial Listings of Pref Shares
The Philippine Stock Exchange (PSE) has proposed cutting the minimum offer size for initial listings via preferred shares from PHP 1 billion (≈$18 million) to PHP 100 million (≈$1.8 million). It also reduces the required number of shareholders from 1,000 to 100 and adjusts...
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Clear Channel Outdoor Holdings (CCO) shareholders will vote on May 12, 2026 to approve a merger with Madison Merger Sub. If the deal closes, each CCO share converts into a $2.43 cash payment, equivalent to $243 per standard option contract....
Tencent and Alibaba in Talks to Invest in DeepSeek - Report
Chinese tech giants Tencent and Alibaba are reportedly in talks to invest in AI startup DeepSeek at a valuation exceeding $20 billion. DeepSeek had earlier sought at least $300 million at a $10 billion valuation, and its models already run on Nvidia hardware...
Men’s Wearhouse Owner Aims to Rejoin the Stock Market
Tailored Brands, the parent of Men’s Wearhouse and other apparel chains, announced it has confidentially filed a draft Form S‑1 with the SEC to re‑enter the public markets. The filing comes five years after the company emerged from a 2020...
Sigma Advanced Systems Completes $15 Million Extrovis Divestment
Sigma Advanced Systems Limited has sold its 36.52% stake in Swiss pharma firm Extrovis AG for $15 million (≈ ₹137.6 crore). The cash infusion is earmarked to sharpen Sigma’s focus on aerospace and defence, a sector it is turning into a pure‑play platform....
Construction M&A Activity Continues in 2026
Construction M&A surged at the end of 2025 and has accelerated into 2026, as both traditional builders and construction‑technology firms pursue acquisitions to broaden digital capabilities. Procore bought AI firm Datagrid, Autodesk added data‑visibility startup Rhumbix, and Trimble snapped up...
Term Sheet: BNP Paribas Plans an SRT, a UK Retail CMBS Gets Underway, MERA Eyes Preferred Equity Deals
BNP Paribas is weighing a synthetic risk transfer (SRT) to shed credit exposure, marking the latest European bank to consider such structures. In the UK, a new securitisation of the Westfield Stratford City shopping centre will launch a fresh retail CMBS,...
Repay Attracts $1B Takeover Offer
Repay Holdings received an unsolicited $1 billion takeover proposal from Forager Capital Management, offering $4.80 in cash per share—a 75% premium to the 30‑day volume‑weighted average price. Forager, which already owns a 13% stake, disclosed the offer in an SEC filing...
Chatham Financial to Acquire Hodes Weill
Chatham Financial announced a deal to acquire Hodes Weill & Associates, slated to close in Q2 2026 pending regulatory approval. The transaction merges Chatham’s capital‑markets advisory and technology platform with Hodes Weill’s expertise in real‑estate, infrastructure and energy‑transition capital raising. While...
Kin Global’s Public Offer of 1 Million Shares 29.5 Times Subscribed at S$0.23 a Share
Kin Global’s IPO of 1 million public‑offer shares at S$0.23 each was 29.5‑times oversubscribed, raising roughly US$5 million. A separate placement of 23.9 million shares attracted 2.9‑times demand, adding about US$12 million, while cornerstone investors bought 19.2 million shares for US$4.4 million. Net proceeds of approximately...
Element 29 Welcomes Alpayana, Randy Smallwood as Investors
Element 29 Resources Inc. raised $35.5 million through a non‑brokered private placement of 32.2 million shares at $1.10 each, welcoming Alpayana S.A.C. as a new strategic investor with a 9.9% stake and former Wheaton Precious Metals CEO Randy Smallwood as an additional backer....
Airbus Strengthens Sovereign Cyber Security with Acquisition of Quarkslab in France
Airbus announced an agreement to acquire French cyber‑security firm Quarkslab, a company of about 100 engineers based in Paris and Rennes. The purchase, pending regulatory clearance, is part of Airbus Defence and Space’s push to build a sovereign cyber portfolio...
Equitree Capital Launches GIFT City AIF for Global Access to India’s Small-Cap Story
Equitree Capital Advisors has launched the Equitree Emerging Opportunities Fund, a Category III AIF registered under IFSCA regulations in GIFT City. The USD‑denominated vehicle will give non‑resident Indians, foreign nationals, family offices and institutions offshore exposure to India’s small‑cap equities. Equitree...
Oiltek to ‘Actively Review’ Capital Structure After Stock-Split Query
Oiltek announced it will "actively review" its capital structure after a shareholder raised the prospect of a stock split, noting the current high share price could dampen market participation. The agritech firm’s shares have surged more than 250% year‑to‑date, reaching...
TMX Group Announces Agreement to Acquire Cboe Australia and Cboe Canada
TMX Group announced an agreement to acquire Cboe Australia and Cboe Canada from Cboe Global Markets for a total consideration of $300 million USD. The two businesses generated roughly $64 million USD in revenue and $18 million USD in adjusted EBITDA in 2025....
MSD-Backed Ray Locks in $125m to Back Eye Drug Pipeline
Ray Therapeutics announced a $125 million Series B round, led by Janus Henderson Investors with participation from Merck’s venture arm, MRL Ventures and Novo Holdings. The capital will fund late‑stage clinical work and commercial preparation for RTX‑015, its lead gene‑therapy candidate for...
Eplus3D IPO Collapse: Growth Trajectory Meets Structural Headwinds
Eplus3D, a Hangzhou‑based metal 3D printer, withdrew its Shanghai STAR Market IPO, cancelling a planned $176.6 million raise. The funds were intended for capacity expansion, equipment industrialization, a new R&D center, and a global service network, all now on hold. Despite...
Kyrgyz Republic & Tajikistan Parametric Cat Bonds From the ADB Could Upsize Slightly
The Asian Development Bank is upsizing its first parametric catastrophe bonds for the Kyrgyz Republic and Tajikistan to between $75 million and $80 million each. The earthquake sub‑limit will rise to $65‑70 million while the extreme‑precipitation cover remains at $10 million. Investor risk margin...
Easing Capital Rules Will Require Banks to Rediscover Self-Discipline
U.S. regulators have softened the Basel III endgame, cutting capital buffers for both global systemically important banks and smaller institutions. The change coincides with a surge in AI‑driven cyber attacks, with 90% of financial firms reporting more incidents and global fraud...
Join Webinar: Deep Tech Post Series A
Beyond Earth Ventures is hosting a closed‑format webinar on April 23 titled “Beyond the VC Playbook: Corporate Strategy for Deep Tech Post Series A.” The session, led by founding partner Alexandra Vidyuk and advisor Nick Dimitriou, will explore how deep‑tech founders and...
OpenAI Is Burning Billions — and an IPO Won’t Stave Off Bankruptcy
OpenAI is preparing an IPO that could raise $50‑$100 billion, but its business model remains deeply loss‑making. In 2025 the company generated $4.3 billion in revenue while posting losses between $7 billion and $13 billion, driven by high GPU costs, massive R&D spend and...
Standard Life’s Aegon UK Acquisition Is ‘Good News for Bigger GPs’
Standard Life has agreed to acquire Aegon UK, creating a life‑and‑pensions powerhouse with roughly £480 billion of assets under management (about $610 billion). The transaction underscores a broader wave of consolidation among both limited partners and asset managers. By merging two of...
SK Considers ‘Various Strategic Options’ to Raise Financing for BESS Developer Key Capture Energy
South Korean conglomerate SK Group, via its SK Innovation E&S arm, is exploring strategic options to raise roughly US$350 million for battery‑storage developer Key Capture Energy. The capital raise, reportedly overseen by Nomura Greentech, remains unconfirmed. KCE, which operates 623 MW of...
OpenAI to Commit up to $1.5bn to PE-Linked Venture
OpenAI is in talks to pour up to $1.5 bn into a new joint venture, DeployCo, backed by leading private‑equity firms. The venture, valued at roughly $10 bn, will see OpenAI contribute an initial $500 m with an option for an additional $1 bn,...
CVC and GTCR Make Joint Take-Private Bid for Teleflex
Private equity firms CVC Capital Partners and GTCR have submitted a joint proposal to acquire medical‑device maker Teleflex and take it private. The offer, valued at roughly Teleflex’s $5.5 billion market capitalization, comes as the company finalizes a $2.03 billion divestiture of...
PE-Backed Kpler Launches Minority Stake Sale at $5bn Valuation
Kpler, the Brussels‑based commodities intelligence platform backed by Insight Partners and Five Arrows, has launched a sale of a significant minority stake that could value the company at roughly $5 billion. Evercore is advising the process, though the exact percentage on...
Aussie Wealth Manager Warns PE Evergreens Have Overpromised on Liquidity
Gavin Ezekowitz, CIO of BFA Global Investors, warned that private‑equity evergreen funds in Australia have overstated their ability to provide liquidity to investors. He highlighted that many unlisted funds lack clear redemption mechanisms, leaving investors vulnerable during market stress. The...
The 5 Largest IPOs in Biopharma History
Biopharma’s IPO market rebounded in early 2026, highlighted by Kailera Therapeutics’ $625 million debut—the largest ever in the sector. The record‑breaking offering eclipsed previous giants such as Moderna’s $604 million 2018 IPO and Sana’s $587.5 million 2021 float. The surge reflects renewed investor...
Waterstones Owner Plots Bank Appointments Ahead of Potential £2bn Float
Private equity firm Elliott Management is preparing a £2 billion (≈$2.5 billion) initial public offering for its UK bookseller Waterstones on the London Stock Exchange. Goldman Sachs, JPMorgan and Morgan Stanley are among the banks being considered for lead and advisory roles,...
MDA Space Company Profile
MDA Space reported FY 2025 revenue of CA$1.63 billion (≈US$1.21 billion), a 51% YoY jump, driven largely by an 85% surge in its Satellite Systems division. The company completed a dual NYSE/TSX listing in March 2026, raising US$300 million, and now carries a CA$4 billion (≈US$2.96 billion)...
No Decision yet on India Unit Listing; Exploring Strategic Options to Boost Value: Pernod Ricard
Pernod Ricard said it has not yet decided on a listing for its Indian subsidiary, Pernod Ricard India (PRI), but continues to explore strategic options to boost shareholder value. PRI posted revenue of roughly ₹27,446 crore (about $3.3 billion) in FY 2024‑25, growing at an 8% CAGR over...
Debtwire Middle-Market – 4/20/2026
Direct lending volumes surged 24% quarter‑on‑quarter to $119.5 bn in the fourth quarter of 2025, the strongest quarterly total in three years. The jump from $96.2 bn in Q3 2025 eclipses the previous peak of $98.7 bn recorded in Q2 2024. Debtwire’s data shows the...
Nasn Moves Closer to Hong Kong Listing After CSRC Filing
Nasn Automotive Electronics filed a China Securities Regulatory Commission notice confirming its overseas offering and upcoming Hong Kong listing after submitting a confidential prospectus to HKEX and satisfying hearing prerequisites. Founded in 2016, the Hangzhou‑based firm specializes in chassis‑by‑wire solutions, integrating...
Oceânica to Fund Buyback with New Bonds
Oceânica Engenharia announced a tender offer to repurchase up to $400 million of its $525 million 13 % senior secured notes due 2029. Investors will receive $1,080 per $1,000 face value if they tender by May 1, dropping to $1,040 through May 18. The buyback...
NSE IPO Back on Track as Sebi Panel Clears Rs 1,800 Crore Settlement Proposal
The Securities and Exchange Board of India (SEBI) expert panel has cleared the National Stock Exchange's (NSE) proposal to settle its colocation and dark‑fibre disputes for roughly ₹1,800 crore (about $217 million). The settlement, which combines a ₹1,165 crore payment for the colocation...
TOPNC Clears Filing Step for Hong Kong IPO as Its Lead in Five-Axis CNC Tools Grows
Top Numerical Control Technology (TOPNC) cleared a China Securities Regulatory Commission filing, advancing its Hong Kong IPO to the hearing stage. The company dominates the five‑axis CNC tool market in 2024, supplying China’s aerospace programs such as the C919 jet and...
GCI Buying Quintillion
GCI announced it will acquire Alaskan fiber infrastructure firm Quintillion in a deal valued at $310 million. The transaction merges Quintillion’s 1,800+ miles of subsea and terrestrial fiber, plus roughly 1,500 miles of planned expansion, with GCI’s statewide network. GCI will...
Unravelling Hedge Fund Trade Derails Boom in Taiwan Convertibles
Regulatory changes and foreign‑exchange volatility have upended the offshore hedge‑fund trade that once kept Taiwanese convertible bonds cheap, leaving about $2.7 billion of planned USD‑denominated issuances stalled. Insurers have withdrawn from currency‑hedging, raising the cost for hedge funds and prompting issuers...
Deutsche Telekom Flirting with T-Mobile Takeover – Report
Deutsche Telekom (DT) is weighing a full merger with its U.S. subsidiary T‑Mobile, where it currently holds a 53% stake. The plan would create a new holding company that could list on both U.S. and European exchanges, consolidating ownership under...
Hitachi to Sell Home Appliance Business to Electronics Retailer Nojima
Hitachi Ltd announced it will spin off its home‑appliance division and sell an 80.1% stake to electronics retailer Nojima Corp for about 110 billion yen ($693 million). Hitachi Global Life Solutions will retain the remaining 19.9% and keep the Hitachi brand, while...
Liberty Defense Announces Pricing of Its U.S. Initial Public Offering
Liberty Defense Holdings Ltd. priced its U.S. IPO at $4.50 per share, issuing 3,673,638 common shares and pre‑funded warrants for an expected $20 million in gross proceeds. The shares will begin trading on the Nasdaq Capital Market under the ticker DETX...
Stock Market Today, April 21: SoundHound AI Falls After Announcing All-Stock LivePerson Acquisition
SoundHound AI announced an all‑stock acquisition of conversational‑AI peer LivePerson valued at roughly $250 million, including debt. The news sent SoundHound shares down 5.65% to $7.85, with trading volume more than double its three‑month average. Management projects combined revenue of $350‑$400 million...
Nevada PERS Hands Control of Clearlake Assets to Adviser over Conflict of Interest
Nevada's Public Employees' Retirement System (PERS) will give its external investment adviser full discretion over its holdings in Clearlake Capital Partners, including the authority to sell the assets on the secondary market. The shift follows internal concerns about a conflict...
Denarius Boosts Emerita Bid After CEO, Chairman Quit
Denarius Metals raised its unsolicited all‑share offer for Emerita Resources to 45 ¢ per share, a 73% premium that values the Spanish miner at roughly C$133.5 million (about $97 million). The bid comes hours after Emerita’s CEO and chairman resigned amid Ontario Securities...
Wasabi Technologies Inks $250M
Wasabi Technologies announced a $250 million credit facility to fund its rapid growth. The financing was led by Bain Capital’s Private Credit Group with participation from BTG Pactual, Neuberger Specialty Finance, Energy Impact Partners and Aksia. The capital will be used to...
Tava Health Receives $40M Series C
Tava Health, a Utah‑based mental‑health technology firm, secured a $40 million Series C round led by Centana Growth Partners, with participation from Catalyst Investors, Blue Heron Ventures, Peterson Ventures, and Springtide Ventures. The funding propels the company from a provider‑focused network to...
Why U.S. Listings Are Vital to Wise and Revolut
London‑based fintechs Wise and Revolut are positioning U.S. stock listings as central to their expansion strategies. Wise will list on Nasdaq on May 11, shifting its primary listing from London, while Revolut is targeting a U.S. or dual IPO by 2028...
Banker's Healthcare Raises $396 Million From Consumer Loans
Bankers Healthcare Group (BHG) is launching a $396 million asset‑backed securities (ABS) program, the BHG 2026‑1CON, backed by 4,243 consumer loans to high‑income professionals such as physicians, engineers and attorneys. The deal, managed by Goldman Sachs, will issue five tranches (A‑E) with...