#Valuation

Porsche

Volkswagen targets $75bn for Porsche IPO valuation

The German carmaker is selling a 12.5 per cent stake of Porsche’s total share capital

Celonis funding round

Qatar leads investment round in Celonis at $13bn valuation

The latest funding came as an extension of last year’s Series D investment round

Brookfield to buy 60% of First Abu Dhabi Bank’s payment arm

The bank’s payments business was valued at $1.15bn

Apple

Apple’s market cap briefly tops $3 trillion after relentless rally

The stock first reached $1 trillion in value in mid-2018, and achieved a $2 trillion valuation in August 2020

HSBC shares fall to 25-year low on China fears, banks report

Europe’s largest bank has been named as a possible candidate for China’s “unreliable entity list”

Saudi Telecom

Saudi Telecom said to weigh IPO for internet-services unit

Saudi Telecom is considering selling as much as 30 per cent of the unit

Oil giant Aramco regains top spot from Apple as tech rally fades

Apple and Aramco are the only two companies to have achieved valuations of $2 trillion