Specialty Chemicals: Azelis Goes Public in Belgium
Belgian specialty chemicals supplier Azelis has announced its IPO on the regulated market of Euronext Brussels. To this end, qualified investors from Belgium and certain other countries will be offered both new shares from a capital increase and shares from existing...
Enbridge Acquires Oil Export Hub From Moda
Canadian energy infrastructure group Enbridge acquires various oil export terminals and oil pipelines from Moda Midstream Operating (Moda) for USD 3 billion. The purchase price corresponds to approximately 8x projected forward EBITDA. Moda is a liquids terminaling and...
PayPal Acquires Japanese Payment Platform Paidy
Payment service provider PayPal acquires the Japanese Buy-Now-Pay-Later (BNPL) service Paidy for $2.7 billion in cash. In a nutshell, Paidy enables consumers shop online and pay for all their purchases once a month in a store or by bank transfer. In addition, its own...
Megvii Technology Goes Public in Shanghai
Megvii Technology has received approval for its IPO in Shanghai. As the company for artificial intelligence and facial recognition software presents in its prospectus, up to 253 million Class B shares are to be used as the underlying for the so-called “Chinese...
