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Monday, April 8, 2019

Pinterest seeks $15-$17 per share in IPO, below last private valuation

Pinterest Inc on Monday set a price range of $15 to $17 per share for its initial public offering of 75 million shares, valuing it below the $12 billion at which the online image-search company sourced its last fundraising in 2017.


from Reuters: Business News https://reut.rs/2G7ZTyQ

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Octopus Energy to spin off $8.65bn tech arm Kraken

The energy firm sells a $1bn stake in its technology arm Kraken, paving the way for its demerger. from BBC News https://ift.tt/s5iZE89