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Klarna revives IPO plans, aims to raise $1.27B, also India’s Offgrid raises $15M to make lithium optional for battery storage

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Manage episode 504056716 series 1321952
Content provided by SpokenLayer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SpokenLayer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Swedish buy-now, pay-later startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion.

The company and some of its shareholders are together selling approximately 34.3 million shares between $35 and $37 each. That’s according to a company update earlier this week. Klarna would receive proceeds from about 5.6 million shares, while its shareholders are offloading nearly 29 million shares.

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4534 episodes

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Manage episode 504056716 series 1321952
Content provided by SpokenLayer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SpokenLayer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Swedish buy-now, pay-later startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion.

The company and some of its shareholders are together selling approximately 34.3 million shares between $35 and $37 each. That’s according to a company update earlier this week. Klarna would receive proceeds from about 5.6 million shares, while its shareholders are offloading nearly 29 million shares.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

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