Natural-products startup Grove Collaborative will list on the NYSE once it combines with special-purpose-acquisition company Virgin Group Acquisition Corp. II
A blank-check company backed by British billionaire Richard Branson’s Virgin Group is merging with natural-consumer-products seller Grove Collaborative Inc. to take it public in a deal the companies value at $1.5 billion.
The San Francisco startup is combining with the special-purpose-acquisition company Virgin Group Acquisition Corp. II and plans to use the cash from the deal for eco-friendly home and personal-care innovation, retail expansion and customer growth.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biopharma company Alvotech to go public in $2.25 bln SPAC dealBiopharmaceutical company Alvotech Holdings SA said on Tuesday it plans to list in New York by merging with a blank-check company backed by Oaktree Capital Management, in a deal that values the combined entity at around $2.25 billion.
Read more »
Tech IPOs have been a bad bet in 2021 — all but one are in bear market territoryOf the more than 50 U.S. tech companies to go public this year through an IPO, SPAC or direct listing, only one of them is less than 20% off its high price.
Read more »
WSJ News Exclusive | Investor Peter Lynch Donates $20 Million Art Collection to Boston CollegePeter Lynch, one of top stock pickers of the past century, is donating some of his most cherished investments to Boston College: A $20 million trove of works from his private art collection
Read more »
WSJ News Exclusive | Companies Plan Big Raises for Workers in 2022Companies are planning for steeper wage increases next year than at any point since the 2007-2009 recession, according to a new report, amid a tight labor market and the highest inflation in three decades.
Read more »
Palm Springs Film Fest: Will Smith, Aunjanue Ellis and ‘King Richard’ Ensemble to Be Honored (Exclusive)Six members of the cast will attend the awards ceremony on Jan. 6 at the Palm Springs Convention Center.
Read more »
Kyle Richards Closes Deal to Reprise Role in ‘Halloween Ends’ (EXCLUSIVE)Kyle Richards is reprising her original “Halloween” role once again in “Halloween Ends,” the final installment in David Gordon Green’s new trilogy of films in the icon…
Read more »