Today news
About the same in other media
RIT Capital Partners set for portfolio boost as two private holdings line up IPO and tender offer
Reading now: 229
investmentweek.co.ukTrading platform WeBull has agreed to list on the Nasdaq through a merger with special acquisition company SK Growth Opportunities, valuing the combined business at $7.3bn. The firm is expected to IPO in the second half of the year. RIT invested £50m in WeBull in 2021 in a transaction rumoured to have been at a valuation of around $1bn. The second private holding, payment company Stripe, has allowed its employees to cash out about $1bn worth of stock at a $65bn valuation, according to several media reports, a 30% hike from its 2023 valuation. SJP co-founder and former RIT chair Ja...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
India is all set for consumption boom—with a caveat livemint.com /9 months ago
Dragon Ball DAIMA set for release: Check unique plot twists and episode details economictimes.indiatimes.com /9 months ago
Fashinza, Virgio to return majority capital after pivots economictimes.indiatimes.com /9 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
