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Page 392

Merus goes public with $55m IPO

The immuno-oncology drug developer, backed by several pharmaceutical firms, has raised $55m in an IPO that saw it float substantially below its $14 to $16 range.

May 20, 2016

Possible buyers emerge for Intel Capital's $1bn asset sale

Coller Capital, HarbourVest Partners and Lexington Partners have reportedly requested information on a planned sale of stakes collectively worth up to $1bn.

May 19, 2016

Stanmore strikes acquisition deal

Stanmore Implants is acquired by Stryker Corporation, providing an exit to Imperial Innovations.

May 18, 2016

Intel sells half its stake in Intrasoft

Intrasoft Technologies received funding from Intel Capital in 2007, and the corporate venturing unit has now sold a 5.1% stake in the listed company.

May 18, 2016

Hupu to work out $64m IPO

The sports marketing platform is planning to float in China, providing an exit to shareholders including sporting apparel producer Guirenniao.

May 17, 2016

ShopWings to employ Grocery Butler through merger

The two Australia-based, Rocket Internet-backed grocery e-commerce businesses have merged into a single company that will operate as ShopWings.

May 16, 2016

Auctionata and Paddle8 bid to merge

Hearst-backed vintage goods auctioneer Auctionata has agreed to merge with contemporary art auction platform Paddle8 to target the sub-$500,000 market.

May 16, 2016

Oncobiologics diagnoses $35m IPO

The biosimilar developer, backed by Strides Arcolab, floated at around half the price of its range having first filed for a $115m initial public offering in January 2016.

May 16, 2016

Viamet walks away from $91m IPO

The corporate-backed pharmaceutical company has postponed an initial public offering for the second time, a week after it set the terms.

May 13, 2016

Letgo gets $100m with a Wallapop

Naspers-backed hyperlocal marketplace app Letgo has absorbed the US operations of Spain-based competitor Wallapop, picking up $100m from existing backers in the process.

May 13, 2016
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