Politics
Firmus Is Said to Explore Raising $3 Billion After Shelving IPO
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Firmus Is Said to Explore Raising $3 Billion After Shelving IPO Firmus Grid Ltd. is exploring raising up to $3 billion in a private funding round, people familiar with the matter said, after the data center company abandoned plans for what would have been one of Australia’s biggest initial public offerings. Nvidia Corp.-backed Firmus and its advisers are in talks with existing investors to help raise $2 billion to $3 billion in a private round, the people said, asking not to be identified...
Firmus Is Said to Explore Raising $3 Billion After Shelving IPO
Firmus Grid Ltd. is exploring raising up to $3 billion in a private funding round, people familiar with the matter said, after the data center company abandoned plans for what would have been one of Australia’s biggest initial public offerings.
Nvidia Corp.-backed Firmus and its advisers are in talks with existing investors to help raise $2 billion to $3 billion in a private round, the people said, asking not to be identified because the discussions are private.