Permira Nears Deal for Israeli Fraud Protection Startup BioCatch
Buyout firm Permira has acquired a majority stake in Israeli fraud-protection company BioCatch in a deal giving it an enterprise valuation of $1.3 billion.
Buyout firm Permira has acquired a majority stake in Israeli fraud-protection company BioCatch in a deal giving it an enterprise valuation of $1.3 billion.
US stock futures advanced as traders took comfort from the Federal Reserve’s signal that there’s no plan to raise interest rates and looked ahead to Apple Inc.’s upcoming earnings.
Japan likely conducted its second currency intervention this week, according to a Bloomberg analysis of central bank accounts, in another sign of its intensified battle to prop up the yen.
The US and Saudi Arabia are nearing a historic pact that would offer the kingdom security guarantees and lay out a possible pathway to diplomatic ties with Israel, if its government brings the war in Gaza to an end, people familiar with the matter said.
Japanese trading firm Sumitomo Corp. said it will buy back its stock and adopt a progressive dividend policy, bringing it in line with the other four major peers in an effort to boost shareholder returns.
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