Tag: LIFE SCIENCES
Recent Articles
Klarna Confirms $31 Billion Valuation in Upcoming IPO
Swedish platform Klarna confirmed a $31 billion valuation in its upcoming IPO, after raising $1 billion in a recent private fundraising round....
Professional Fighters League Earns $65 Million Investment
Professional Fighters League (PFL) earns a $65 million dollar investment. The financing round, led by Ares Capital, Elysian Park Ventures, and Knighthead...
Danone Eyes Return to Sales Growth
Danone eyes return to sales growth in the second quarter. The French food company sees 2021 as a year of recovery, after...
New Chapter 11 Filings, Disclosures: February 22– February 26, 2021
At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of February...
Fed’s Wire Transfer System for Banks Experienced a Several Hour Outage
The Federal Reserve's system that allows banks to wire transfer money back and forth went down for several hours on Feb. 24....
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Sun Kissed Industries Acquires SFL Maven
On Monday Oct. 5, Sun Kissed Industries Inc. announced that it had acquired high-end jewelry company SFL Maven. The deal was a...
Distressed Assets Report: October 2020
As bleak as the economy has been during the COVID-19 pandemic, October brought good news for private equity-owned companies. October marks the...
Bill Introduced to Create Federally-Chartered Public Banking System
Reps. Alexandria Ocasio-Cortez, D-N.Y. and Rashida Tlaib, D-Mich., introduced a bill on Oct. 30 that would help create a federally chartered public...
FDIC Releases Rule on ILC Charters that Allows Tech Giants to Become Lenders
The Federal Deposit Insurance Corporation (FDIC) released the much-awaited rule to define the scope of industrial loan companies (ILC). The ruling released...
Friendly’s Files for Chapter 11, Restaurants to Remain Open
FIC Restaurants, Inc, the parent company of Friendly's Restaurants, filed for Chapter 11 on Nov. 2, 2020. The company plans to sell...
