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Time: Tuesday, May 7, 2024 Important News Self-driving company Momenta plans to IPO in the United States, raising up to US$300 million According to Bloomberg News on May 6, Chinese self-driving technology company Beijing Momenta Technology Co., Ltd. (Momenta) has secretly launched the process of IPO in the United States. Momenta is working closely with CICC, Goldman Sachs Group Inc. and UBS Group AG and expects to complete the listing as early as this year. It is reported that Momenta is expected to raise US$200 million to US$300 million through this IPO. Currently, relevant deliberations are still ongoing, and Momenta may still decide not to list in the United States. Momenta, Goldman Sachs and UBS declined to comment, while CICC did not respond to a request for comment. Paramount is reported to have agreed to formally begin negotiations with the Sony-Apollo acquisition consortiumAccording to people familiar with the matter, Paramount has agreed to formally enter into negotiations with an acquisition consortium led by Sony Pictures Entertainment and private equity giant Apollo. Negotiations began after an exclusive 30-day negotiating window between Paramount and Skydance expired last Friday. It was reported that the Sony-Apollo consortium submitted a cash offer worth $26 billion…