Japan Post: USD 9bn Share Sale

by Digitorney Team | Oct 11, 2021 | Global Transaction Report, GTR 41-2021

Japan Post Holdings announced that it has determined the details of the offering of its common stock. Selling shareholder is Japan’s Minister of Finance. The offer price will be determined between October 25, 2021 and October 27, 2021. Background of the sale: the...

Volvo Cars Announces IPO in Sweden

by Digitorney Team | Oct 11, 2021 | Global Transaction Report, GTR 41-2021

Volvo Cars has announced its intention to launch an Initial Public Offering (IPO) and to list its class B shares on Nasdaq Stockholm. The IPO could value the group at more than USD 30bn. The proposed IPO is expected to consist of the issuance of new shares by Volvo...

mParticle Raises $150 Million Series E

by Digitorney Team | Oct 11, 2021 | Global Transaction Report, GTR 41-2021

mParticle, a leading customer data infrastructure company, announced that it has raised $150 million in Series E funding, led by Permira’s growth fund which backs leading tech-enabled and digital businesses. The existing investor base also participated in the round...

OVHcloud launches IPO in Paris

by Digitorney Team | Oct 11, 2021 | Global Transaction Report, GTR 41-2021

The French OVH Groupe, a leading European cloud provider, has announced the launch of its Initial Public Offering (IPO). The amount of the net proceeds of the issuance of the New Shares is estimated at approximately €315 million. The shares shall be admitted to...

Reliance Acquires REC Solar

by Digitorney Team | Oct 11, 2021 | Global Transaction Report, GTR 41-2021

Reliance New Energy Solar, a wholly owned subsidiary of Reliance Industries (India), has announced the acquisition of a 100% stake in REC Solar Holdings from China National Bluestar (Group) for an Enterprise Value of USD 771 million. REC has more than 1,300 employees...