SPACs target more ESG companies in 2021 -Nomura Greentech
Companies with environmental, social and governance (ESG) credentials have been high on the list of merger targets for U.S. special purpose acquisition companies (SPACs) so far in 2021, data from Nomura Greentech showed.
Alibaba revenue tops expectation on pandemic-driven online boom
China’s top e-commerce platform Alibaba Group Holding Ltd (9988.HK), reported a forecast-beating 64% surge in quarterly revenue on Thursday, as more people shopped online due to the coronavirus pandemic. But the strong performance was overshadowed by intense regulatory crackdown that resulted in the suspension of a $37 billion IPO of its affiliate Ant Group and a […]
Deliveroo IPO puts London’s tech credentials to the test
LONDON (Reuters) -When food delivery firm Deliveroo joins the London stock market on Wednesday, it will be Britain’s biggest listing in a decade, even though some of the country’s leading investors – worth over $1 trillion between them – will be conspicuous by their absence. British Finance Minister Rishi Sunak has hailed the company’s decision […]
