Arabtec, Trojan pick advisers for merger deal

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Source: Dukascopy Bank SA
Trojan Holding and Arabtec Holding have selected Dubai-listed Shuaa Capital and Swiss bank UBS as advisers on the UAE construction firms' potential merger deal, according to Reuters.
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Fri, 11 Oct 2019 02:41:46 GMT

EU's BioNtech shares rise 10% in US market debut

Shares in the European biotech firm BioNtech jumped 10% to $16.69 in their market debut held on Thursday, after the German company downsized its IPO and priced the stock below the range expected earlier, valuing BioNtech at $3.78B.

Thu, 10 Oct 2019 19:48:37 GMT

WeWork plans new location openings in Singapore, Manila

The office-sharing start-up WeWork is planning to open new co-working sites in the Philippines and Singapore this year, and seeking a $1.0B worth lifeline from its largest-backer Softbank Group for the company's major restructuring.

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