Indian budget hotel chain OYO has withdrawn its initial public offering (IPO) from the Securities and Exchange Board of India (SEBI) for the second time and is reportedly in talks to raise to $90 million, down 75% from its peak valuation. The SoftBank-backed company had initially filed to go public in October 2021 for about… Continue reading OYO shelves IPO plans again, in talks to raise funds at 75% valuation cutOYO is said to be in talks with InCred to raise $80-90m at a valuation of $3-…
Tag: Morgan
Scaia Unveils AI Research Lab Service Providing Clients With AI Product Development
HOUSTON, May 22, 2024 /PRNewswire/ — Scaia (Scalable AI) has rolled out and tested its SKY program. This program allows qualified participants to obtain free computing resources and programming assistance to implement their desired AI projects. The public is invited to find more information and apply to SKY. The resources come from Azure and are… Continue reading Scaia Unveils AI Research Lab Service Providing Clients With AI Product Development
NCC Development Limited and SEED-Homes Inc. Announce Partnership to Address the Housing Crisis in Nunavut
CALGARY, AB, May 22, 2024 /PRNewswire/ – NCC Development Limited (NCCD) is pleased to announce that concrete steps are being taken to address the housing crisis in Nunavut. But in this case, the steps are made out of steel. Affordable steel homes, in fact. NCCD has placed an order with Calgary-based SEED-Homes Inc. (SEED) to… Continue reading NCC Development Limited and SEED-Homes Inc. Announce Partnership to Address the Housing Crisis in Nunavut
KKR, Blackstone in race for Advent-owned Bharat Serums & Vaccines: ReportAdvent had initially acquired a 74% stake in Bharat Serums for around $500 mi…
The sale process for Bharat Serums & Vaccines Ltd, owned by private equity firm Advent International, has evinced interest from a bunch of global private equity funds including KKR, EQT, Blackstone, Bain Capital, Carlyle, Partners Group, and Permira as well as domestic drugmaker Mankind Pharma, Moneycontrol reported on Wednesday. Incorporated in 1971, Bharat Serums &… Continue reading KKR, Blackstone in race for Advent-owned Bharat Serums & Vaccines: ReportAdvent had initially acquired a 74% stake in Bharat Serums for around $500 mi…
NNN REIT, INC. PRICES OFFERING OF $500 MILLION OF 5.500% SENIOR UNSECURED NOTES DUE 2034
ORLANDO, Fla., May 21, 2024 /PRNewswire/ — NNN REIT, Inc. (NYSE: NNN) (the “Company”), a real estate investment trust, today announced that it has priced its public offering of $500,000,000 of 5.500% senior unsecured notes due 2034 (the “notes”). The notes were offered at 98.768% of the principal amount with a yield to maturity of… Continue reading NNN REIT, INC. PRICES OFFERING OF $500 MILLION OF 5.500% SENIOR UNSECURED NOTES DUE 2034
NNN REIT, INC. PRICES OFFERING OF $500 MILLION OF 5.500% SENIOR UNSECURED NOTES DUE 2034
ORLANDO, Fla., May 21, 2024 /PRNewswire/ — NNN REIT, Inc. (NYSE: NNN) (the “Company”), a real estate investment trust, today announced that it has priced its public offering of $500,000,00 of 5.500% senior unsecured notes due 2034 (the “notes”). The notes were offered at 5.662% of the principal amount with a yield to maturity of… Continue reading NNN REIT, INC. PRICES OFFERING OF $500 MILLION OF 5.500% SENIOR UNSECURED NOTES DUE 2034
First Horizon Corporation to Participate at the Morgan Stanley US Financials, Payments & CRE Conference
MEMPHIS, Tenn., May 21, 2024 /PRNewswire/ — First Horizon Corporation (NYSE: FHN) today announced that Chairman, President, and Chief Executive Officer Bryan Jordan and Chief Financial Officer Hope Dmuchowski will participate at the Morgan Stanley US Financials, Payments & CRE Conference on June 10, 2024, at 2:30 pm ET. A live webcast of the event… Continue reading First Horizon Corporation to Participate at the Morgan Stanley US Financials, Payments & CRE Conference
Clearwater Living Certified as a Great Place to Work® for Fifth Time
Certification provides chance to earn a spot on Fortune’s annual Best Workplace Lists NEWPORT BEACH, Calif., May 21, 2024 /PRNewswire/ — Great Place to Work Institute and its senior care partner, Activated Insights, have once again honored Clearwater Living with certification as a Great Place to Work. This accolade marks the fifth time the company… Continue reading Clearwater Living Certified as a Great Place to Work® for Fifth Time
Scale AI valued at $14b following funding from Amazon, Meta, others
Scale AI said on Tuesday it had raised $1 billion in a late-stage funding round led by venture capital firm Accel with participation from tech giants Nvidia, Amazon, and Meta, valuing the AI data startup at nearly $14 billion. Top tech companies are racing to build AI into their products and services. Startups catering to the surge in demand for AI chips and… Continue reading Scale AI valued at $14b following funding from Amazon, Meta, others
Scale AI Raises $1 Billion Series F Funding
Scale AI, a San Francisco, CA-based data foundry for AI, raised $1 Billion in Series F funding. The mix of primary and secondary financing brought Scale’s valuation to $13.8 billion. The round was led by existing investor Accel with participation from returning investors including Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital,… Continue reading Scale AI Raises $1 Billion Series F Funding