Volkswagen investors split on whether Porsche IPO should go ahead – Bernstein poll
BERLIN – Volkswagen investors polled by Bernstein Research were split on whether an IPO of sportscar brand Porsche should go ahead after Friday’s announcement of a leadership change at the helm of…
Russian OS producer Astra Linux plans Moscow IPO -Vedomosti
MOSCOW – Russian technology company Astra Linux is planning to hold an initial public offering (IPO) on the Moscow Exchange, the Vedomosti daily reported late on Thursday, quoting CEO Ilya Sivtsev, who…
Italy’s De Nora delivers on IPO, but prices at bottom of range
MILAN – Industrie De Nora will become the first company to debut on Italy’s main market since Russia’s invasion of Ukraine derailed new listings, though it priced its share sale at the…
IPO candidate Syngenta unveils management overhaul
ZURICH – Seeds and pesticides maker Syngenta, the Swiss agrochemicals company planning a $10 billion initial public offering (IPO), announced a new leader for its biggest business on Friday. Jeff Rowe, now…
Factbox-Key events in run up to and after Ant Group’s IPO suspension
By Xie Yu and Anshuman Daga HONG KONG – China’s central leadership has given a tentative green light to Jack Ma’s Ant Group to revive its initial public offering in Shanghai and…
Ant Group says no plan to initiate IPO
HONG KONG – Ant Group has no plan to initiate an initial public offering, it said on Thursday on its Wechat account. “Under the guidance of regulators, we are focused on steadily…
Rimac raises $537 million in new funding round, CEO talks potential IPO
BERLIN – Rimac has raised 500 million euros ($537 million) in a new funding round, it said on Wednesday, but the Croatian carmaker’s chief executive cautioned sales would have to be twice…
HSBC weighs IPO of Indonesia business – Bloomberg News
(Reuters) – HSBC Holdings PLC is considering an initial public offering of its Indonesian business, as the bank aims to target the growing investment demand in the country, Bloomberg news reported on…
India’s LIC shares set to slide in market debut after record IPO
MUMBAI – Shares in state-owned Life Insurance Corp of India (LIC) were on track to debut at an 8% discount to their IPO price on Tuesday. LIC shares were trading at 872…
Porsche SE says feasibility of sportscar maker IPO depends on market conditions
BERLIN – Porsche Automobil Holding SE cautioned on Friday that the feasibility of a listing of luxury sportscar maker Porsche AG, planned for the fourth quarter of this year, depended on numerous…
China scrutiny stymies JD.Com fintech unit’s $2 billion Hong Kong IPO – sources
By Julie Zhu and Scott Murdoch HONG KONG – JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to $2 billion Hong Kong IPO…
Thyssenkrupp CFO: IPO of Nucera could take place in H1
FRANKFURT – Thyssenkrupp Chief Financial Officer Klaus Keysberg on Wednesday confirmed the timeline for a planned listing of hydrogen division Nucera, saying an initial public offering could take place by the end…
MIAX-parent Miami International Holdings confidentially files for U.S. IPO
(Reuters) – Miami International Holdings Inc, which owns the options exchange Miami International Securities Exchange (MIAX), said on Friday it has confidentially submitted paperwork with regulators for a U.S. initial public offering.…
Bausch + Lomb Corporation Announces Pricing of IPO
LAVAL, QC and VAUGHAN, ON, May 5, 2022 — Bausch + Lomb Corporation (“Bausch + Lomb”), a wholly owned subsidiary of Bausch Health Companies Inc. (NYSE/TSX: BHC) (“Bausch Health”), today announced the…
EV firm Atlis plans U.S. stock market listing amid IPO drought
(Reuters) – Atlis Motor Vehicles has become the latest startup in the electric-vehicle space to unveil plans for an initial public offering as the global push towards electrification accelerates. The Mesa, Arizona-based…
Exclusive-Coca-Cola African bottler’s $3 billion IPO delayed by Ukraine turmoil
By Promit Mukherjee and Emma Rumney JOHANNESBURG – Coca-Cola’s estimated $3 billion initial public offering (IPO) for its African bottling unit will likely take place in the third quarter after market turmoil…
Over 59 million shares reserved for anchor investors in LIC IPO
By Nupur Anand MUMBAI – The IPO of Life Insurance Corporation (LIC), India’s biggest insurer, has got off to a strong start, with 59.3 million shares that were set aside for anchor…
Arm dismisses China unit’s opposition to CEO change
By Brenda Goh and Jane Lanhee Lee SHANGHAI -Arm Ltd said on Friday a change in leadership at its Chinese joint venture fully complied with local laws, after concerns were raised about…
Bausch + Lomb Corporation Announces Launch of IPO and Roadshow
LAVAL, QC and VAUGHAN, ON, April 28, 2022 — Bausch + Lomb Corporation (“Bausch + Lomb”), a wholly owned subsidiary of Bausch Health Companies Inc. (NYSE/TSX: BHC) (“Bausch Health”), today announced the…
China’s Hony Capital-backed SPAC withdraws from U.S. IPO
(Reuters) – A blank-check company backed by China’s buyout firm Hony Capital on Thursday withdrew plans for a U.S. initial public offering, becoming the latest such entity to reverse course amid rising…
Chinese regulators urge more prudent IPO pricing after market debut flops
SHANGHAI – Chinese regulators have urged underwriters to price initial public offerings more reasonably after a third of more than 100 new listings so far this year fell on their trading debut.…
Dubai utility DEWA rises 20% above IPO price
DUBAI – Shares in Dubai Electricity and Water Authority (DEWA) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public offering (IPO), the region’s biggest since Saudi…
Walmart’s Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing-sources
By Aditya Kalra, Aftab Ahmed and Anirban Sen NEW DELHI – Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now…
Harry Sloan, Jeff Sagansky scrap IPO plans for SPAC venture
(Reuters) – Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives Harry Sloan and Jeff Sagansky, on Wednesday filed to withdraw its U.S. initial public offering of up to $2…
U.S. insurer AIG’s life and retirement unit files for IPO
(Reuters) -The holding company of U.S. insurer American International Group Inc’s life and retirement business, SAFG Retirement Services Inc, filed for an initial public offering in the United States on Monday. In…
Yacht maker Ferretti raises $243 million in Hong Kong IPO
SYDNEY – Italian luxury yacht maker Ferretti Group has priced its shares at HK$22.88 each, the lower end of its proposed range, to raise HK$1.9 billion ($242.75 million) in its Hong Kong…
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