Biotique, the beauty and personal care brand, plans a $300 million public listing next year by diluting 10% equity. Valued at $3 billion, founder Vinita Jain stated the IPO aims for company longevity, deploying capital into R&D, distribution, and international expansion.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.