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Education Tech Firm McGraw Hill Raises $414.6 Million in IPO

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McGraw Hill Inc. raised $414.6 million in its US initial public offering, pricing shares of the education company below its marketed range.



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Funding & Business

India Bulk Drug Makers Start Preparing for Ozempic Patent Expiry

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Indian firms that make active pharmaceutical ingredients, or APIs, are gearing up to supply the basic ingredient that goes in making copies of Novo Nordisk A/S’s weight-loss drugs that are losing patent protection next year in several large markets.



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Australian Strategic Outlook Darkening, Government Official Says

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Australia’s strategic outlook is darkening because of intensifying great-power rivalry between the US and China, according to a senior government official.



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Funding & Business

H&F-Backed Security Firm Verisure Seeks €3.1 Billion in IPO

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Hellman & Friedman-backed alarm firm Verisure Plc announced it’s planning to raise about €3.1 billion ($3.7 billion) via an initial public offering in Stockholm, a highly anticipated listing that could be Europe’s largest such deal in three years.



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