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Page 157

Fineos finds Limelight for $75m acquisition

MassMutual, Axa, Wanxiang, Principal Life, Aflac, Wells Fargo and Transamerica are all set to exit the insurance automation platform developer.

Aug 13, 2020

Openet locks up Amdocs acquisition

Amdocs has paid an undisclosed amount for the telecommunications software producer, which had raised at least $55m from investors including Nippon Steel.

Aug 12, 2020

Lufax to lift itself on to public markets

Cofco and several banks will get the chance to exit Ping An's online lending spinoff, which is targeting $3bn in a US initial public offering.

Aug 12, 2020

Oak Street outdoes IPO expectations to raise $377m

The Humana-backed primary care provider has closed its initial public offering after its share price more than doubled post-IPO.

Aug 12, 2020

Hitachi picks up Perpetuum

University of Southampton-founded rail maintenance analytics technology developer Perpetuum has been acquired in a deal enabling IP Group to exit.

Aug 11, 2020

American Express considers consuming Kabbage

SoftBank, UPS, Santander, ING, Scotiabank and Recruit could exit the business finance platform in a deal reportedly sized at up to $850m.

Aug 11, 2020

Checkmate checks into public markets with $75m

The cancer treatment developer floated in the middle of its range following $175m in venture funding from investors including Novo.

Aug 11, 2020

Tencent buys majority stake in Byment

Tencent has followed its series A investment in the comics and animated content producer last year by acquiring a majority share in the company.

Aug 11, 2020

MyGlamm makes up PopXo purchase

Doosan, Gree, Oppo and Summit Media have exited the young female-focused social media platform in an acquisition by MyGlamm.

Aug 10, 2020

Xpeng expects US flotation

The smart electric carmaker, which has raised a reported $2.5bn from investors including Alibaba, Foxconn, UCar and Xiaomi, has set a placeholder target of $100m.

Aug 10, 2020
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