Klarna’s valuation crashes to under $7bn in tough funding round
Klarna, once Europe’s most valuable private tech company, has had its pricetag slashed from $46bn to $6.7bn at a difficult fundraising that highlights the crash in many tech…
Browsing Tag
7bn
From Spotify’s $7bn payout in 2021, to the global record industry’s $25.9bn revenues:…
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by …
Pearson rejected £7bn takeover bid from Apollo
UK education publisher Pearson has rejected a £7bn takeover bid from private equity group Apollo, sending shares in the FTSE 100 group soaring by more than 20 per cent. In a statement…
Russian billionaire Vladimir Potanin faces $7bn divorce claim in London
Vladimir Potanin, Russia’s second-richest man, is facing one of the world’s biggest divorce claims after Jeff Bezos and Bill Gates.
His ex-wife, Natalia Potanina, is seeking 50% of the…
DoorDash buys Finnish delivery app Wolt in €7bn all-stock deal
Delivery app DoorDash has reached a deal to acquire Finnish delivery operator Wolt in an all-stock deal worth €7bn.Helsinki-based Wolt, which has more than 4,000 employees, operates…
Banks compete for role in Uefa’s €7bn football rescue fund
A group of financial institutions is fighting to play a leading role in the €7bn pandemic relief fund being set up by Uefa, football’s European governing body, with shortlisted…
Executives at hedge fund Renaissance to pay $7bn in back taxes
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Top executives of Renaissance Technologies and…
Panasonic defends $7bn Blue Yonder deal after questions over price
Panasonic has a chequered history in acquisitions but the Japanese conglomerate insists its $7.1bn purchase of Blue Yonder is worth the steep price as it will help address…