Monday, October 16, 2023

Tokyo-based, KKR-owned chipmaking equipment maker Kokusai Electric raised $724.4M in its IPO, after pricing shares at ~$12.30, valuing the company at ~$2.8B (Reuters)

Reuters:
Tokyo-based, KKR-owned chipmaking equipment maker Kokusai Electric raised $724.4M in its IPO, after pricing shares at ~$12.30, valuing the company at ~$2.8B  —  Chip equipment maker Kokusai Electric (6525.T) has raised $724.4 million after pricing its shares at the top end of their marketed range …



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A look at the battle between Uber and its unlikely ally, Chinese-owned rival 99, against the São Paulo city government, which banned motorcycle taxis in 2023 (Gabriela Sá Pessoa/Rest of World)

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