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LVMH, Tiffany Engage In Luxurious War Of Words

PYMNTS

The suit, filed Monday in Delaware , says that LVMH “continues to have full confidence in its position that the conditions necessary to close the acquisition of Tiffany have not been met.”. The two sides go to trial in January in Delaware. In the balance lies the future of one of retail’s truly iconic luxury brands. billion takeover.

Delaware 189
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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

The court filing took place in Delaware on Monday, April 13. True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. True Religion tried to capitalize on that with its own brand of workout pants.

Delaware 160
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Funding Could Bring The RealReal To $1B Valuation

PYMNTS

A Delaware stock authorization filing was discovered by the Prime Unicorn Index. Led by Founder and CEO Julie Wainwright, the RealReal has raised a total of $288 million in funding from venture capital and private equity backers, including Great Hill Partners, Sandbridge Capital, PWP Growth Equity, Industry Ventures, Greycroft and Canaan.

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Jessica Alba’s Honest Company Faces A Down Round

PYMNTS

According to emerging news reports, the five-year-old home and body care product company is looking to raise $75 million in new Series D venture capital funding at $19.60 per share, according to a Delaware filing first spied by CB Insights and reported by Axios. That places its total valuation at $1.7 billion.

Company 139
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Barclays Eyes US Expansion

PYMNTS

In addition, sources say that Barclays is putting more capital behind its U.S. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. accounted for 40 percent of the bank’s profits, and around a fifth of the bank’s capital is allocated to the country. checking account offering.

Delaware 101
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SoftBank’s Second Vision Fund Invests In Two Companies

PYMNTS

Although the capital injections are smaller than is normal by SoftBank standards, the second fund is apparently doubling down on medical companies. Karius is valued at more than $700 million, according to a filing in the state of Delaware, but the company won’t publicly comment on its valuation.

Company 150
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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.