Anghami reportedly set for public listing through Spac merger

Middle Eastern streaming service Anghami may be going public soon, via a special purpose acquisition company (Spac) in the US. Bloomberg reported that Anghami is “close to being listed on the Nasdaq stock exchange in New York” in a move that could value the company at nearly $300m. The report added that the move could be announced […]

Viagogo could sell StubHub’s business outside North America

It’s not been smooth sailing for secondary ticketing firm Viagogo’s $4bn takeover of rival StubHub since it was announced in November 2019, thanks to regulatory investigations and Covid-19. Now Viagogo is proposing a solution that it hopes will fend off the regulators: selling StubHub’s business outside North America, while hanging on to the US and Canada […]

Ghostly International confirms merger with Secretly Group

Label Ghostly International is merging with fellow indie Secretly Group, in a deal that Billboard reports was delayed from earlier this year due to the Covid-19 pandemic. “We had poor visibility on how revenues were going to change and how the economy was going to go. It caused us to ask hard questions: Why now? Should we […]

UK regulator raises fresh concerns over Viagogo/StubHub merger

British regulator the Competition and Markets Authority (CMA) has been investigating the merger of secondary ticketing firms Viagogo and StubHub. Its latest update on the investigation isn’t good news for those companies. The CMA says it is “concerned that the loss of competition brought about by the merger could result in customers who buy and resell tickets […]

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