SoftBank’s mobile unit listing on Tokyo Stock Exchange on Dec. 19: DealWatch

DealWatch’s report, citing anonymous sources, have named Nomura Holdings, SMBC Nikko Securities, JP Morgan, Goldman Sachs, Deutsche Bank, among the global coordinators for whats is likely to be Japan’s biggest ever IPO on November 12. According to a report from DealWatch, citing unnamed sources, SoftBank Group Corp’s mobile unit is expected to win an approval…

Amazon.com partners with blockchain logistics startup CargoX for pilot project in Brazil

Amazon’s push into Latin America’s biggest economy is driven and bolstered by the listings of third party vendors on its local e-commerce marketplace. As per a Bloomberg report citing sources familiar with the matter at hand, Amazon.com Inc is working on a pilot logistics project in Brazil with CargoX, a Goldman Sachs-backed blockchain company for…

Goldman Sachs acquires personal finance startup Clarity Money

The move will add Clarity’s Money’s 1 million customers to Goldman Sach’s Marcus business. In a strategic move aimed at bolstering its online lending business, Goldman Sachs Group Inc has purchased Clarity Money, a personal finance startup. The acquisition will add more than 1 million of Clarity Money’s customers to Goldman Sachs’ Marcus business. Clarity…

Chinese electric vehicle startup Nio preparing for $2 billion U.S. IPO: Sources

Nio has hired 8 banks for the planned U.S. IPO. According to sources with knowledge of the matter, Nio, a Chinese electric vehicle startup has hired 8 banks, including Goldman Sachs and Morgan Stanley for its planned U.S. stock market listing this year, worth up to $2 billion. The eight banks are, JPMorgan, Goldman Sachs,…

Veritas Capital to divest Excelitas Technologies Corp & Anaren Inc in a combined deal worth $2.8 billion

Given the sensitive nature of the technologies involved at both companies, bankers expect intense antitrust scrutiny by U.S authorities. According to sources familiar with the matter at hand, New York-based private equity firm Veritas Capital is exploring the divestiture of two of its high-tech portfolio companies which have a combined worth of around $3 billion.…

Global investors scouring for deals in India’s lucrative solar power market

Global investors, including pension funds, are attracted to India’s burgeoning solar power market likes bees to honey. Some of the world’s biggest pension funds are increasingly drawn to India and are scouting for deals in green investments. Indian Prime Minister, Narendra Modi has set a target of $100 billion in investment in the next five…