Klaviyo: marketing appetite for IPOs
Boston-based start-up could offer a gauge of investor appetite for new stock issues
Ecommerce
Instacart prices shares at $30 as IPO market warms up
Online delivery company is the latest to seize on improving conditions for public listings
Ecommerce
SoftBank leads Mapbox fundraising as it pushes ahead on AI empire
Son’s decision to back US mapping company in $280mn investment round comes in wake of Arm listing
Artificial intelligence
UK regulator finds no evidence of politicians being ‘debanked’ over views
Financial Conduct Authority preparing to release report commissioned after Nigel Farage row
Financial & markets regulation
Big Mamma group sells majority stake to private equity
Deal with McWin values French-owned Italian restaurant company at €270mn
Travel & leisure industry
Lyft pays $10mn to settle probe into Carl Icahn’s stake sale ahead of IPO
Securities and Exchange Commission faults ride-hailing app for failing to disclose role of director in deal
Financial & markets regulation
Private equity consolidation: mega manager may go the way of Big Tech
Dearth of M&A and IPOs have kept managers from returning cash to their limited partners
Mergers & Acquisitions
S4 Capital: Sorrell’s tech fervour has its limits
Depressed share price means acquiring more growth is no longer an option
Advertising
Martin Sorrell’s S4 Capital plummets after warning of falling revenues
Advertising group cites difficult economic conditions and says clients are very cautious
Advertising
UK car industry calls for tax incentives to help switch to EVs
Carmakers plea comes as they warn of weakening demand for battery models from private buyers
Electric vehicles