Anthony Hughes is senior reporter, equities, for IFR where he covers developments in US equity capital markets. He previously worked as a financial reporter and columnist for the Australian Financial Review and, prior to that, as investment editor at the Sydney Morning Herald.
Etsy, an e-commerce site focused on selling handmade or vintage items, on Wednesday publicly filed for an IPO that will allow its VC backers to start monetising their investment as well as to fund working capital and investment in the business.
Callidus Software, a provider of cloud software that helps businesses manage their sales force, fell as much as 7.8% Tuesday after launching a US$50m-plus follow-on offering late Monday to bolster its cash position.
Citigroup and Bank of America Merrill Lynch achieved an impressive premium price on the block sale of ING Groep’s remaining 18.9% holding in former US arm Voya Financial, completely removing the overhang less than two years after Voya