Monday greetings from Martha's Vineyard, where the home office this week is a wraparound porch and closing time is just a bit earlier. Remember you can always email scoop or feedback to firstname.lastname@example.org, or use my anonymous tip-box (http://axios.com/tips). Okay, here we go...
Apollo Global Management CEO Leon Black for the first time addressed his relationship to Jeffrey Epstein, via an apologetic email sent to all Apollo employees last Friday morning. Its subject line was "Recent Press Coverage."
"I am sorry if this recent media attention has been a distraction or caused you any concern."
Black's email failed to explain why his family foundation reportedly donated $10 million to Epstein's nonprofit years after the disgraced "tax strategist" plead guilty to state charges of soliciting underage prostitutes.
Keep your eyes on a brewing situation with Cofense, a Virginia-based cybersecurity company acquired last year for around $400 million by BlackRock and London-based private equity firm Pamplona Capital Management.
Illustration: Sam Jayne / Axios
The London Stock Exchange said it's in talks to buy Refinitiv, the financial data provider that The Blackstone Group just last year carved out of Thomson Reuters (which retained a 45% stake).
• Nubank, a Brazilian digital credit card company, raised $400 million in Series F funding led by TCV at a valuation north of $10 billion. There had been earlier reports that SoftBank was interested. Nubank previously raised over $500 million from firms like Sequoia Capital, Redpoint Ventures, Goldman Sachs and Tencent. http://axios.link/4Fds
• RedDoorz, a Singapore-based budget hotel booking site, raised $45 million in Series B funding led by Qiming Venture Partners. http://axios.link/mAQx
• Drip Capital, a trade financing startup with offices in India and Palo Alto, raised $25 million in Series B funding. Accel led, and was joined by Trusted Insight, GC1 Ventures and return backers Wing VC, Sequoia India and YC. http://axios.link/wT8A
• StashAway, a Singapore-based robo-advisor, raised $12 million in Series B funding. Eight Roads Ventures led, and was joined by Asia Capital & Advisors. http://axios.link/ydtq
• Sense, a Boston-based home energy monitoring startup, raised $10 million in new Series B funding from MacKinnon, Bennett & Co. and IDO Investments. The round total is now $30 million. www.sense.com
• Minut, a Swedish developer of a camera-les home security device, raised $8 million in Series A funding. KPN Ventures led, and was joined by Centrica and return backers Karma Ventures, SOSV and Nordic Makers. http://axios.link/PS8b
🚑 OptioSurgical, a Denver-based provider of analytics software to help hospitals reduce medical device costs, raised $3.3 million led by Next Frontier Capital. http://axios.link/ZWCo
• BabySparks, a Plantation, Fla.-based early childhood development app, raised $2 million in seed funding led by Ocean Azul Partners. http://axios.link/e4Cb
🚑 Magenta Medical, an Israeli developer of heart failure solutions based on miniaturized blood pump technology, raised an undisclosed amount of VC funding led by NEA. Others backers include Pitango VC and JVC Investment Partners. www.magentamed.com
• Colony Capital is in talks for a minority stake in Legendary Entertainment, a film and TV producer down by China’s Dalian Wanda Group for $3.5 billion in 2016, per Bloomberg. If Colony buys in, the valuation is expected to be lower. http://axios.link/Xv1p
🚑 Leonard Green and Ares Management completed their purchase of Press Ganey, a Wakefield, Mass.-based healthcare measurement company, from EQT Partners. No financial terms were disclosed, but Bloomberg put the enterprise value north of $4 billion. http://axios.link/Bzy1
• Six companies plan to price IPOs on U.S. exchanges this week: Dynatrace, Flux Power, Kura Sushi USA, Rapt Therapeutics, Sundial Growers, and WiMi Hologram. http://axios.link/9njG
• Wanda Sports Group, a live sports and events business being spun out of China’s Wanda Group, raised $190 million in its IPO. The company priced shares at $8 (below downwardly-revised range), wityh shartes closing down at %5/16 per share on their first day of trading (Nasdaq: WSG). Wanda Sports, which owns the Iron Man Triathlon, used Morgan Stanley as lead underwriter, and reports a $2.7 million net loss on $276 million in revenue for Q1 2019. http://axios.link/oqrX
• Vice Media is in talks to buy Refinery29, a digital media company focused on millennial women, per the WSJ. Refinery29 has raised over $100 million in VC funding, and has been seeking another $20 million, from firms like Stripes Group, Discovery Communications, WPP and WarnerMedia. http://axios.link/oqp9
🚑 Pfizer (NYSE: PFE) agreed to merge its off-patent drugs unit with Mylan (Nasdaq: MYL), via a tax-free spinoff.
🚑 Exact Sciences (Nasdaq: EXAS) is in advanced talks to buy cancer testing company Genomic Health (Nasdaq: GHDX) for around $2.8 billion, per Bloomberg. http://axios.link/Akxh
🚑 NeuroBo Pharmaceuticals, a Boston-based drug startup focused on neurodegenerative diseases, will become publicly-listed via a reverse merger with Gemphire Therapeutics (Nasdaq: GEMP), a Livonia, Mich.-based developer of treatments for dyslipidemia and nonalcoholic fatty liver disease. http://axios.link/cgW2
🚑 Novartis (Swiss: NOVN) will not sell its Sandoz generics business as part of its broader corporate revamp, per a local newspaper interview with Novartis CEO Vas Narasimhan. http://axios.link/rYuk
⛽ Osaka Gas (Tokyo: 9532) agreed to buy Houston-based shale gas company Sabine Oil & Gas for $610 million. http://axios.link/eRzq
• Takeaway (Amsterdam: TKWY) offered to buy fellow food delivery company Just Eat (LSE: JE) for $6.2 billion. http://axios.link/jxsF
• Trian Fund Management, led by Nelson Peltz, has asked plumbing supplies distributor Ferguson (LSE: FERG) to sell its UK business, per Sky News. Ferguson has a market cap north of £14 billion, and Trian holds a 6% stake. http://axios.link/Krnd
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