Companies & Deals
Mergers, acquisitions, investments and major company moves, and what each deal means for the businesses and shares involved.
Yoco secured a $100m credit facility to lend to small businesses and Lumepay raised $6m for cross-border payments, two SA fintech deals this week.
Stripe has no IPO date and no filing. Its last valuation is $159bn, and this week it closed the OpenRouter deal and launched HSBC UK Tap to Pay.
Cerebras shares rose 11% to $108.72 after a revenue beat, a first core profit, strong guidance and a new Microsoft deal.
Modine shares closed up 27.9% at $135.66 after Bloomberg reported Samsung is in talks to buy the data-centre cooling maker.