According to sources familiar with financing of Elon Musk’s SpaceX, the company is looking to raise around $250 million, which could see its valuation touch $36 billion, reported CNBC. According to CNBC’s report, SpaceX plans on raising the amount at a price of $220 per share. The funding round is expected to close after the…
Alcon will be listed in the New York Stock Exchange and on the Swiss Market. On Friday, Novartis stated, Alcon – its eye care business which it spun-off, is expected to be listed at the New York Stock Exchange and on the Swiss Market on April 9. “Alcon obtained approval for listing on SIX Swiss…
Didi Chuxing, which gained prominence in China after it bought Uber’s operation in China, is also diversifying in the food delivery services. According to several sources with direct knowledge of the matter at hand, China’s Didi Chuxing Technology Co Ltd, a ride hailing firm, aims to spin off its car services unit ahead of its…
JPMorgan’s blockchain platform was built using Quorum, a type of open-source blockchain that it has developed in-house and is looking to spin-off. On Friday, JPMorgan Chase & Co disclosed, it has field tested tested a new blockchain platform for issuing financial instruments with the National Bank of Canada and other large firms. The platform is…
Dell’s board is set to meet later this month to discuss these options. As per a source familiar with the matter at hand, Dell Technologies Inc is weighing its strategic options which includes merging with its majority-owned VMware Inc which is listed in the New York Stock Exchange as well as an initial public offering…
business-gurus.com 