Funding & Business
Klarna Is Said to Price US IPO Above Marketing Range
Klarna Group Plc is telling investors it expects to price its initial public offering of as much as $1.27 billion above its marketing range, according to people familiar with the matter.
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Apex, a spacecraft manufacturer of mass-produced satellite bus platforms, has just raised a $200 million Series D funding round that brings the company’s valuation over $1 billion dollars. Apex CEO and co-founder Ian Cinnamon joins Caroline Hyde to discuss his outlook for the industry on “Bloomberg Tech.” (Source: Bloomberg)
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Lowering borrowing costs further could endanger the European Central Bank’s aim of stabilizing inflation at 2% over the medium term, Governing Council member Joachim Nagel said.
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