Primary investors including US-based investment firms Altimeter Capital and Dragoneer Investment Group have participated in a USD 1bn Series D round for UK-based Checkout.com, a global payment processor, reaching a valuation of USD 40bn.
GP plans to acquire a majority stake in the business, according to a competition authority filing
New GP specialising in healthcare has already deployed 65% of the fund's target
Decision made to halt an initial public offering as a result of volatile market conditions
Sweden-based technology investor has been listed on the Swedish stock exchange since 1997