Canva has expanded to raise over $US1.5 Billion

Good Morning,

NZ sharemarket shows positive signs after last week's lows, Cyclone Kirrily 'certain' to hit Queensland coast, New Brexit checks ‘pose existential threat’ to UK fruit and flower growers, Amer Sports to weigh raising up to $US1.8 Billion in US IPO, Gloom over China assets is spreading beyond battered stocks, Macquarie stacks up record $13b for European war chest, Canva has expanded to raise over $US1.5 billion

Let's jump in.

Before The Bell

Markets

• NZ sharemarket shows positive signs after last week's lows (GR)

• ASX rises as Zip soars 16pc on profit path (AFR)

• Gloom Over China Assets Is Spreading Beyond Battered Stocks (BBG)

• Stock Futures Build on S&P 500’s Record Advance (BBG)

Earnings and Data

• Accenture NZ revenue up 18% to $239m (NBR)

• Pacific Edge reports drop in test volumes (NBR)

News Summary

• NZ Commerce Commission investigating supermarkets (Stuff)

• Wellington Airport breaks 53-year heat record (Stuff)

• ‘End of an era’: Iconic shop forced to close in ‘ghost town’ Tauranga (Stuff)

• Campaigner ‘pretty devastated' Auckland CBD tunnels won’t be reopening any time soon (Stuff)

• Aussie investment firm, Penta Capital, fined $52,000 AUD over ‘false’ claims (NBR)

• Albanese pledges ‘dollars in pockets’ as MPs urge tax, fuel relief (AFR)

• Qld power grid ‘pushed hard’ as record demand tipped (AFR)

• Forrest shuts WA mines as nickel dominoes tumble (AFR)

• Cyclone Kirrily 'certain' to hit Queensland coast on Thursday ( 9 News)

• Police on horseback descend on pro-Palestine protest at major Melbourne port (9 News)

• New Brexit checks ‘pose existential threat’ to UK fruit and flower growers (Guardian)

• India counts down to opening of grand Ram temple in Ayodhya (RT)

• Red Sea crisis seeps into German chemicals sector (RT)

• Russia suspends operations at fuel export terminal after suspected Ukrainian drone attack (RT)

Deal Flow

Investments / M&A

• Amer Sports to weigh raising up to $US1.8 Billion in US IPO (BBG)

• UK Caterer Compass in talks to buy rival CH&Co for over £400M (BBG)

• Sandoz to buy eye drug Cimerli in $US170 million deal (RT)

• Axiata’s Indonesian internet provider, Link Net, considering sale of stake in Indonesia fiber business (BBG)

• Consumer banking corporation, Credit Agricole, takes 7% stake in Worldline to bolster payments (BBG)

• Investors monitor Panthera Finance amid reg troubles (AFR)

• No easy task for acquirers of marketplace provider, Airtasker, shares spike (AFR)

VC & Fundraising

• India’s Captain Fresh, a business-to-business harvest-to-retail marketplace for animal protein, is in talks to raise $50 million in new funding (TC)

• Kenyan agtech Shamba Pride raises $3.7M to grow its merchant network (TC)

Equity Raises

• Macquarie stacks up record $13b for European war chest (AFR)

• Canva has expanded to raise over $US1.5 billion (AFR)

Daily Picks

• There's something a bit peculiar about Gisborne Airport (Stuff)

• KFC ‘taste tester’ job listed on Trade Me (Stuff)

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