Category: Valuation
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Investors in talks to buy Colmobil stake at NIS 8b valuation
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Yoav Harlap appears ready to sell his 28% stake in Israel’s largest car importer to institutional investors. Yoav Harlap, who owns a 28% stake in Colmobile, is in talks to sell his stake to institutional investors at a valuation of the company at NIS 8 billion. Colmobile is the largest…
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Investors in talks to buy Colmobil stake at NIS 8b valuation
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Yoav Harlap appears ready to sell his 28% stake in Israel’s largest car importer to institutional investors. Yoav Harlap, who owns a 28% stake in Colmobile, is in talks to sell his stake to institutional investors at a valuation of the company at NIS 8 billion. Colmobile is the largest…
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Republican Party’s top bank, Chain Bridge, aims for $167 million valuation in US IPO By Reuters
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Written by Niket Nishant and Manya Saini (Reuters) – Series Bridge Bancorp (NASDAQ:), a bank that has been popular among Republicans since its inception, is targeting a valuation of up to $167 million in its US initial public offering. The IPO, which is relatively uncommon in the banking sector, comes…
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Exclusive-TPG in lead to buy stake in Creative Planning at $15 billion valuation, sources say By Reuters
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Written by Milana Finn and David French (Reuters) – Buyout firm TPG has emerged as the front-runner to take a $2 billion minority stake in Creative Planning, in a deal that could value the wealth management company at more than $15 billion, people familiar with the matter said on Saturday.…
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Speculation-Driven Valuation Make it a Sell
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Since Trump Media and Technology Group (DJT) debuted on the Nasdaq in March 2024, following a long and complex merger with a SPAC, its stock performance has been driven more by speculation surrounding former President Donald Trump — its largest shareholder — than by speculation surrounding the company. Business basics.…
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OpenAI’s $150B valuation requires it to change its corporate structure: Reuters
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OpenAI’s latest funding round is expected to come in the form of convertible bonds, with its $150 billion valuation dependent on whether the startup can change its corporate structure and remove a cap on profitability for investors, Reuters reported on Saturday, citing two sources with direct knowledge. From the topic.…
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Exclusive-OpenAI’s stunning $150 billion valuation hinges on upending corporate structure, sources say By Reuters
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Written by Crystal Ho and Kenrick Kay OpenAI’s new funding round is expected to come in the form of convertible notes, according to people familiar with the matter, who said its $150 billion valuation will depend on whether the ChatGPT maker is able to flip its corporate structure and remove…
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HSBC on tech stocks – “the froth has been removed from valuation”
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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AI firm secures $300m valuation in major US private equity deal
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Board Intelligence, the leading AI company working to improve board performance, has announced the sale of a majority stake to California-based private equity firm K1, valuing the London-based company at up to $300m (£230m). The major investment will see founders Jennifer Sandberg, 44, and Pippa Page, 40, receive millions of…
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Why Warren Buffett’s favorite valuation indicator is flashing a warning for stocks
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Warren BuffettReuters/Rick Wilking The Buffett Indicator suggests that U.S. stocks may be overvalued. This index was coined by Warren Buffett and measures the total market capitalization of the United States relative to GDP. “If it gets close to 200 percent — as it did in 1999 and part of 2000…
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Owlto Finance secures new funding at $150m valuation
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Cross-chain interoperability protocol Owlto Finance has raised fresh funds in a round backed by Matrixport, pushing its valuation to $150 million. Owlto Finance, an interchain interconnection service developed as an Ethereum Layer 2 stacking solution, has raised fresh capital in a funding round backed by Matrixport, raising its valuation to…
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Tesla is downgraded by UBS due to valuation concerns
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Jason Doy Tesla (NASDAQ: Tesla) fell in early trading on Friday after UBS downgraded the electric vehicle giant to a sell rating from neutral. UBS analyst Joseph Spak and his team noted that Tesla (TSLA) is trading in a bullish direction. Future growth initiatives are expected to decline. “Tesla is…
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AI care co K Health raises $50m at $900m valuation
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AI healthcare startup K healthIsraeli pharmaceutical company Royalty Pharma, founded in Israel and operating out of Israel and the United States, announced the completion of a $50 million funding round led by Clore Group, with participation from investors including Pablo Legorreta (founder and CEO of Royalty Pharma), and existing investors…
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Exclusive-AI coding startup Magic seeks $1.5-billion valuation in new funding round, sources say By Reuters
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Written by Anna Tong and Crystal Ho (Reuters) – U.S. startup Magic, which develops artificial intelligence models for writing software, is in talks to raise more than $200 million in a funding round that values it at about $1.5 billion, three sources told Reuters, just months after its latest capital…
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Pure Storage stock down as UBS downgrades to Sell due to unjustified valuation By Investing.com
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Shares of Pure Storage (NYSE:) fell more than 5% before the market open on Tuesday after UBS analysts downgraded the stock from neutral to sell. The move comes as UBS sees an unfavorable risk-reward profile for the flash storage solutions provider due to slowing growth, declining market share, high valuation,…
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Weka raises $140m at $1.6b valuation
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Israeli AI data platform company Wicca The company announced the completion of its oversubscribed $140 million Series E financing round, valuing the company at $1.6 billion. The company has become a unicorn, doubling its $750 million valuation when it raised $135 million in November 2022. This latest funding round brings…
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Israeli cloud security co Wiz raises $1b at $12b valuation
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Israeli cloud security company Wiz The company announced the completion of a $1 billion financing round at a company valuation of $12 billion. This brings the total amount raised by the company to $1.9 billion. The latest round is led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital, with…
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KKR to buy India’s Healthium Medtech at $839 million valuation, sources say By Reuters
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MUMBAI/BENGALURU (Reuters) – Global investment firm KKR will buy Indian medical device maker Healthium Medtech from UK-based Apax Partners in a deal that three sources familiar with the matter say is worth 70 billion rupees ($838.60 million). Helthium and Apax did not immediately respond to Reuters’ requests for comment, while…
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Permira buys control of BioCatch at $1.3b valuation
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British private equity firm Permira has acquired control of the digital fraud and financial crime protection company BioCatchThe Israeli company announced. Permira is buying a 57% stake from US venture capital firms Bain Capital Tech Opportunities and Maverick Ventures, in a secondary deal that values BioCatch at a total enterprise…
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Oasis Security raises $35m, doubles valuation
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Israeli startup Oasis securityA company developing a platform for securing non-human identities (NHIs) at an enterprise has announced the completion of a Series A extension in which it raised $35 million, double the valuation in its previous round held just months ago. The round was led by Accel, Cyberstarts, and…