Posted Monday 30th November 2020
The UK government has announced that it will review the rules around IPOs in an effort to ensure founders continue to find the UK an attractive business hub post-Brexit. The review is suggested to ensure founders have better scope to control their businesses following an IPO.
Sifted has compiled a list of all of Europe’s current start-up unicorns. To meet the criteria each business must be founded in 2000 or later, privately owned, and – of course – be valued at a billion-dollars or more.
Global learning platform Kahoot! has announced the acquisition of a fast-growing language platform, Drops. The buyout will see Kahoot! expand its learning offering to include languages for its 1bn users.
A Berlin-based company is buying up small sellers performing well on Amazon with a view to scaling them up. SellerX founded in August this year has now raised €100m to expand its business. The first company to use this strategy was Thrasio, now valued at over 1bn dollars.
Mindful Chef, the company that supplies healthy recipe boxes is to be acquired by food & drink giant Nestlé. The shared ambition of the two businesses is to increase the availability and convenience of healthy food, all the while being good for the planet.
We’re delighted to have advised on the acquisition that will see Richland Resources (soon to be renamed Lexington Gold Ltd) to focus on the exploration and development of the four diverse gold projects, covering a combined area of approximately 1,500 acres in North and South Carolina, USA.
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.
Joelson, the leading London law firm, has successfully advised the sellers of Pet Microchip Services Ltd (PMS) on its sale to Identi.
Joelson has advised the company and management of Addison Lee on its acquisition by ComfortDelGro, a leading multi-modal mobility operator.
