Stephen Lacey is US Editor for International Financing Review, helping to oversee editorial content across the region. He has particular expertise in coverage of the equity capital markets – IPOs, follow-on stock sales, and equity-linked securities – spanning the entire corporate life cycle, from venture and private equity to entry and maturation in the public markets.
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MercadoLibre secured US$2bn of investment at a canter last week as the Latin American e-commerce platform agreed a tie-up with PayPal to fend off competition and drive growth higher.
Alight, the Blackstone-backed employee benefit management company, offers size and stability, and is seeking an impressive valuation on its IPO in return.
Alight, the employee benefit management firm backed by a Blackstone Group-led consortium, impresses not only through size and stability, but on valuation.