Friday, December 13, 2019

Ping An's financial technology arm OneConnect closes flat on its first day of trading after raising $312M in its US IPO, which valued the company at $3.66B (Michael Hytha/Bloomberg)

Michael Hytha / Bloomberg:
Ping An's financial technology arm OneConnect closes flat on its first day of trading after raising $312M in its US IPO, which valued the company at $3.66B  —  - Shares close first day of trading at its $10 offer price  — Software company Bill.Com's performance tops week's U.S. IPOs



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Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels (Alex Weprin/The Hollywood Reporter)

Alex Weprin / The Hollywood Reporter : Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture...