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Wealthfront, which uses AI to build investment portfolios, confidentially files for a US IPO; it was valued at $1.4B in 2022 during a failed acquisition by UBS (Prakhar Srivastava/Reuters)

Prakhar Srivastava / Reuters : Wealthfront, which uses AI to build investment portfolios, confidentially files for a US IPO; it was valued...

15 January 2024

Switzerland-based SoftwareOne, which advises companies on cloud strategies, rejects Bain's $3.5B takeover, ending months of back-and-forth; SWON.SW drops 10%+ (Bloomberg)

Bloomberg:
Switzerland-based SoftwareOne, which advises companies on cloud strategies, rejects Bain's $3.5B takeover, ending months of back-and-forth; SWON.SW drops 10%+  —  - Bain had offered the equivalent of 18.8 Swiss francs per share  — Company has been in negotiations with Bain for several months

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