China's Megvii attracts $750M ahead of IPO

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Source: Dukascopy Bank SA
China's AI start-up Megvii, also known as Face++, announced on Wednesday it had raised $750M in the latest round of funding ahead of its planned initial public offering in Hong Kong.
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Wed, 08 May 2019 12:34:30 GMT

Tesla shuts $2.7B shares and debt offering

On Wednesday, Tesla announced it had closed the $2.7B mixed offering of convertible notes and stock, giving the electric vehicle maker necessary amount of cash, as it sought to boost production.

Wed, 08 May 2019 11:33:56 GMT

Marathon Petroleum's midstream arms plan merger

On Wednesday, Marathon Petroleum, the US oil refiner, stated that MPLX would acquire Andeavor Logistics in a $9.0B, merging the company's two midstream divisions that store, transport and market refined products and crude oil via terminals, pipelines and trucking operations.

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