Alphawave seeks $4.5bn valuation

Alphawave, the Canadian wired connectivity IP specialist, is to IPO seeking to raise $500 million cash at a valuation of $4.5 billion. BlackRock and Janus Henderson have committed to take $510 million worth of shares at an equity valuation of up to $4.5 billion. Alphawave plans to sell at least  a quarter of its shares ...

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