DAZN steps up hunt for $1bn
DAZN Group, the sports subscription and distribution company, is looking to raise new investment of as much as $1 billion. It is reportedly consulting advisors on options including selling assets…
ISRO: “We will not be privatised”
India’s Space Research Organisation (ISRO) will not be privatised according to its Chairman, K Sivan. India is reforming its space sector and there had been suggestions that one aspect could…
CuriosityStream merges to go public
CuriosityStream Inc and Software Acquisition Group, a public special purpose acquisition company, (SPAC), which raised $150 million in November of 2019, announced that they are merging to turn Curiosity Stream…
fuboTV files for IPO
FaceBank Group has filed a registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) relating to a proposed follow-on public offering of its common stock. The…
Official: ‘UK OneWeb cash poor value’
UK senior civil servants have formally warned the government that its commitment to put $500 million into a joint venture with Bharti Global to buy bankrupt satellite operator OneWeb has…
SoftBank to dispose of ARM?
Japanese conglomerate SoftBank is reportedly looking to sell or restructure its stake in UK chipset maker ARM. The WSJ reports that ARM has already announced plans to restructure itself by…
SES plans major fleet expansion
SES currently has two core deployments of satellites: It has a fleet of powerful geostationary satellites that just about serves the whole planet. It also has 20 O3b (‘the Other…
Musk: Confusion over IPO for Starlink
Elon Musk, speaking at the Satellite 2020 conference in Washington DC, said plainly that he was thinking “zero” about an IPO for his 12,000 mega-satellite Starlink satellite project, and that…
SpaceX to mount IPO for Starlink
Elon Musk’s SpaceX will reportedly spin-off its Starlink broadband-by-satellite system with an Initial Public Offering (IPO). SpaceX is currently financing the development and launch of the Starlink system and has…
Orange to IPO its MENA business
French telco giant Orange is to float its extensive cellular interests in the Middle East and North Africa regions, and mount an IPO. A Bloomberg report says investment banks BNP…
MTG lifted by eSports, sells Zoomin
Modern Times Group (MTG) has published its Q3 2019 financial results. The company said it “continues to deliver on its strategic direction, reporting seasonally robust operational development for the quarter”.…
SoftBank, SoftTouch?
So, SoftBank has ‘rescued’ WeWork in a deal that will cost it at least $10 billion and pretty much guarantee WeWork’s departed Svengali founder $1.7 billion. The rescue was from…
DNEG/Prime Focus to IPO
Double Negative (DNEG), the London-based visual film and TV special effects business which includes Prime Focus, is to mount an IPO which will end up with a listing on the…
Deezer to mount IPO?
Streaming music service deezer is reported to be considering mounting an IPO in about 18 months’ time. The France-based service is run by Hans-Holger Albrecht and backed financially by Saudi…
Arqiva to be broken up?
Two years ago, UK-based transmission specialist Arqiva was contemplating a £6 billion (€6.5bn) IPO, but now reports are circulating that its owners are contemplating breaking the company up into its…
iflix secures new round of funding
iflix, the Southeast Asian largest digital entertainment service, has announced the finalisation of a new round of investment to drive growth ahead of a prospective IPO. This latest round was…