BBG: SoftBank to back AI startup Perplexity at $3bn valuation
BLOOMBERG reports: SoftBank Group Corp.’s Vision Fund 2 is investing in US artificial intelligence startup Perplexity AI at a $3 ...
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
BLOOMBERG reports:
– Private equity firm may target up to €15 billion valuation
– CVC has been working on a listing since at least 2022
CVC Capital Partners is set to revive plans for an initial public offering in Amsterdam and may seek to raise between about €1 billion ($1.1 billion) and €1.5 billion, according to people familiar with the matter, potentially paving the way for other private equity firms to go public.
The firm may indicate its intention to float as soon as Monday and could offer a stake of 10% to 15% in the share sale, the people said, asking not to be identified as the information isn’t public yet. CVC is targeting a valuation of around €13 billion to €15 billion, the people said.
Deliberations around the timing of the intention to float are ongoing and details could change, the person said. A representative for CVC declined to comment. CVC’s intention to seek more than €1 billion euros was reported earlier by The Wall Street Journal…
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