Google went public on August 19, 2004. More than two decades later, its founders are two of the wealthiest people in the world. As of this writing, Sergey Brin’s net worth is $131 billion. Larry […]
Photo Credit: Bang Si-hyuk for Hybe Hybe chief Bang Si-hyuk faces scrutiny over a reported 400 billion won earned from IPO side deals with private equity firms. Hybe’s chairman Bang Si-hyuk is under fire for […]
Who says the special purpose acquisition company (SPAC) sector’s collapsed? Former Disney exec Allen Weiss, Magic Johnson Enterprises exec Christina Francis, 1916 Enterprises’ Jonathan Gordon, and others have debuted a $100 million SPAC that could […]
Photo Credit: Solen Feyissa One month after announcing a “substantial” funding round ahead of a planned Q4 2022 IPO, TikTok rival Triller says that it’s secured “a binding $310 million investment.” Triller, which settled a […]
TikTok parent ByteDance isn’t planning to list shares on the public market despite long-running rumors to the contrary, according to a new report. ByteDance’s IPO plans (or lack thereof) just recently came to light in […]
Sony Music Entertainment (SME) is officially suing short-form video-sharing app Triller over an alleged “failure and refusal to pay millions of dollars in contractual licensing fees.” The Big Three record label yesterday submitted the firmly […]
Photo Credit: Solen Feyissa TikTok rival Triller has formally filed for a direct listing via an initial public offering, execs have announced, with shares expected to begin trading (as “ILLR”) by September. The short-form video-sharing […]
A Steinway & Sons piano. Photo Credit: Filipp Romanovski Steinway Musical Instruments Holdings, the entity behind 169-year-old piano company Steinway & Sons, has revealed plans to list shares on the New York Stock Exchange (NYSE). […]
Shared from www.businessoffashion.com. Singer-turned-fashion-entrepreneur Rihanna is working with advisers on an initial public offering that could value her Savage X Fenty lingerie company at $3 billion or more, according to people familiar with the matter. Savage X […]
Shared from www.businessoffashion.com The firm, which manages roughly $30 billion in assets, has hired Goldman Sachs and Morgan Stanley to explore its options, according to the Wall Street Journal. If L Catterton finds an exit in […]
Shared from Business of Fashion CoverGirl cosmetics maker Coty Inc said on Tuesday it would withdraw from the planned initial public offering of its Brazilian unit, blaming adverse financial market conditions in the South American […]
Shared from Business of Fashion Spanish fashion retailer Tendam is considering launching an initial public offering in Madrid in a deal that would value the company at €2 billion ($2.28 billion), newspaper Cinco Dias reported […]