Equity Financing

OpenAI, Now Valued at Over $80 Billion, Launches New Text-to-Video Tool Sora

ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.


Spotify Raises $1 Billion Through Financing Deal

Music streaming company Spotify raises $ 1 billion deal through financing in the form of convertible debt. TPG rounded the funds together with Dragoneer along with other institutional investors. The d..

Marathon Oil plans to sell shares through public offering

Marathon Oil announced its intention to sell 135 million of common shares through a public offering. The ongoing slump in the global oil industry has led many oil firms to undertake the cost-cutting s..

India to Infuse $3.65 Billion of Capital Into Government-Run Lenders

India is about to fund $3.56 billion of capital to govrnment-run lenders because of bad and restricted loans. Banks felt relief as the government is ready to help them when they need the capital...


Latest News

ThyssenKrupp to raise EUR907 million in capital increase following Alabama plant exit
German industrial conglomerate ThyssenKrupp AG reportedly plans to put up for sale its 51.5 million new shares in a capital increase. The deal could bring in EUR907 million (USD1.23 billion) to the co
Klepierre exits four Norway shopping centers for EUR 247 million
Klepierre exited from its four Norway shopping centers in a deal worth EUR 247 million or USD 336 million. The real estate investment trust is the second largest publicly-traded shopping mall operator
State Bank of India to raise USD1.5 billion after its quarterly profit plunged
After posting its steepest quarterly profit decline in over two years, government-owned State Bank of India announced that it will raise INR95.76 billion via a share sale to investors or follow-on pub
Rothschild launches UK asset management business, eyes infrastructure debt fund launch next year
After establishing its first merchant bank in the UK, Edmond de Rothschild Group has launched a new asset management business in London to upsize its assets under management and boost its presence in
India's Videocon to seek shareholder nod to raise up to $800 mln
India's diversified Videocon Industries proposes to seek shareholder approval to raise up to 50 billion rupees. The funds could be raised through various means, such as the issue of shares or foreign
India revives plans stake sale of three firms to raise funds- report
A Bloomberg report cited officials from India's Finance Ministry who said the government plans to sell some of the stakes it holds in ITC Ltd, Axis Bank and Larsen & Toubro in order to gather funds.
Beleaguered OGX seeks USD150 million in fresh capital from bondholders
Brazilian oil company OGX is reportedly in talks with bondholders about a USD150 million capital infusion in the struggling firm. OGX previously reported a loss of BRL2.1 billion and filed for bankrup
Canadian mining firm Trevali completes USD46-million financing
Canada-based base metals mining firm Trevali Mining Corp announced the closing of a USD46-million financing through the offering of 55.4 million of its shares priced at USD0.83 apiece.
Alitalia raises EUR173 million in cash call, to receive the rest from postal service, others
Italian airline Alitalia said on Thursday that it was able to raise EUR173 million of EUR300 million it needed in its cash call from investors with help from Intesa Sanpaolo and UniCredit.
Shore Capital unveils plans for new institutional-based fund next year, earns 67% IRR with Axela sale
Shore Capital Partners Managing Partner Justin Ishbia disclosed to Reuters' Private Equity (PE) Hub its plans to launch and institution-focused private equity fund next year.
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