Late on Wednesday, Grocery delivery app Instacart Inc said, it has confidentially filed for an initial public offering (IPO) with the SEC. San Francisco-based Instacart has not specified the size of its IPO, nor has it mentioned the price range… Read More ›
Initial public offering
WeRock NV files for IPO, seeks listing on Amsterdam’s Euronext stock exchange
In a statement, WeRock NV, the owner of the WeTransfer file transfer service said, it is seeking to file for an initial public offering (IPO) of shares which will be listed on Amsterdam’s Euronext stock exchange. In its offer letter,… Read More ›
Reddit Inc taps Morgan Stanley and Goldman Sachs Group for upcoming IPO
According to a source familiar with the matter at hand, Reddit Inc has tapped Morgan Stanley and Goldman Sachs Group for its initial public offering. In December, Reddit had confidentially filed for an IPO aiming for a valuation of over $15 billion…. Read More ›
LG Energy Solution opens books for South Korea’s biggest IPO
South Korean battery maker LG Energy Solution has opened its books for an initial public offering in the country with an aim to raise up to $10.8 billion in what is South Korea’s biggest IPO. LG Energy’s shares will be… Read More ›
VW looking at potential Porsche AG market listing
Porsche AG’s potential IPO will benefit from being part of the Volkswagen Group, said CEO Oliver Blume. “We feel very comfortable in the Volkswagen Group, we can profit from synergies. The important thing in this time is to focus on… Read More ›
Indian startup Nykaa’s blockbuster stock market debut values it at $13 billion
Shares of Nykaa, India’s cosmetics-to-fashion platform, made a blockbuster debut valuing the company at close to $13 billion. With the news reaching the market, shares of FSN E-Commerce Ventures, the profit-making parent company that owns the Nykaa brand, soared by… Read More ›
Volvo Cars making major concessions to wet investor appetite given strong concerns
Ahead of its initial public offering, Volvo Cars’ Chinese owner Zhejiang Geely is making some major concessions so as to wet investor appetite. Chinese owned Volvo Cars has slashed the amount it aims to raise from its massive equity offering by… Read More ›
Indian fintech giant Paytm gets regulatory approval for market listing: sources
According to a source familiar with the matter at hand, Indian fintech giant Paytm has received regulatory approval from India’s capital markets regulator for its $2.2 billion stock market listing in what is slated to be India’s biggest ever IPO…. Read More ›
Nigeria moves to overhaul petroleum sector
In a statement Nigerian President Muhammadu Buhari said, he had appointed a board for state-oil firm NNPC and directed that it should be incorporated within six months. The move is likely to allow NNPC to sell shares in the future…. Read More ›