Al Yah Satellite Communications (which trades as YahSat) and is fully owned by Abu Dhabi’s $243 billion sovereign wealth fund Mubadala Investment, has hired Abu Dhabi’s Abu Dhabi Commercial Bank, First Abu Dhabi Bank and HSBC Holdings as joint lead managers, according to an advertisement in local newspaper the National. YahSat currently has services covering […]
Venture Capital fund Seraphim, which describes itself as the world’s first space VC fund, is planning a London float and is working with banks. The plan, reported initially by Sky News, said that Deutsche Bank and JP Morgan were working with Seraphim on its initial public offering (IPO). Details could be confirmed within the next […]
Findings from advisory charity Citizens Advice suggest that 2.5 million people in the UK are behind on their broadband bills, with 700,000 of these falling into the red during Covid. The new research has also found some groups are particularly struggling. Young people and those with children under 18 are three times more likely to […]
Codemill has reached an agreement to acquire Cantemo, developers of Cantemo Portal next generation Media Asset Management (MAM) software. The closing of the deal coincides with the Initial Public Offering (IPO) of Codemill onto NASDAQ First North Growth Market, planned for mid-June. The acquisition means Cantemo Portal product development will accelerate, and also result in […]
Vice Media has launched a free online television channel available on the Roku platform in the US this week, as it markets an IPO to refinance some of the funding taken from TPG private equity in 2017 when it was valued at $5.7 billion (€4.7bn) – it is now hoping for a value of $3 […]
Elon Musk might well mount an IPO for his SpaceX business somewhere down the line, but for the moment he seems happy to raise cash by issuing new equity. In a regulatory filing, SpaceX says it has raised a total of $1.164 billion over the past few weeks. The company had already reported raising some […]
Satellite technology and services company MDA has reported an over-allotment of shares following on from its IPO. MDA Corp, the satellite builder formerly known as MacDonald, Dettwiler & Assoc, are perhaps better known as the builders of the Space Shuttle’s sophisticated ‘Canadarm’ robotic crane which is still used on the International Space Station MDA says […]
DAZN, the sports streaming platform, is considering an IPO. “If circumstances were right, I can see us tapping the public capital markets or the private capital markets over the next few years,” co-CEO James Rushton told Reuters. Owned by billionaire Len Blavatnik’s Access Industries, DAZN debuted in Germany and Japan in 2016, and in December […]
Space and satellite specialist MDA has announced its share price offer for the upcoming IPO. It will offer shares at C$14 per common share, with the target to raise approximately C$400 million. The offer will close on April 7th. The Toronto Stock Exchange has conditionally approved the listing of the Common Shares, subject to the […]
Canada’s MDA, the satellite builder formerly known as MacDonald, Dettwiler & Assoc – but perhaps better known as the builders of the Space Shuttle’s sophisticated ‘Canadarm’ robotic crane and still used on the International Space Station – is mounting an IPO. MDA, founded in 1969 (by Dr John MacDonald and Vern Dettwiler) also helped build […]