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HelloFresh targets $1.8 billion IPO valuation amid food wars

­­­­­­­­­­­Bloomberg HelloFresh, the meal-kit startup backed by Rocket Internet SE, is targeting a market valuation of as much as 1.5 billion euros ($1.8 billion) in an initial public offering this week, the company said in a statement. The company, which sells meal kits in 10 markets and remains unprofitable, set a price range of 9 to 11.50 euros a share. ...

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Cisco Systems buys software maker BroadSoft for $1.9bn

Bloomberg Cisco Systems Inc. agreed to buy BroadSoft Inc. for about $1.9 billion to expand further into software and cloud services. The $55-a-share cash offer announced on Monday is a 28 percent premium over BroadSoft’s closing price on August 29, a day before Reuters reported that the Gaithersburg, Maryland-based company was working with bankers to pursue a possible sale. The ...

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Macron wants to teach the French to love their private firms

Bloomberg President Emmanuel Macron’s government wants to change French culture to make the population less instinctively hostile to private enterprise. “I’m struck by the difference of the reality of life in companies and the way they are perceived in public discourse—especially by politicians,” Stanislas Guerini, a lawmaker in Macron’s Republic En Marche party, said. “There is often a black and ...

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