According to sources familiar with the matter at hand, Daimler is preparing a stock market debut for its trucks division, reported German business newspaper Handelsblatt. The unit could be floated at the end of 2021, said sources while adding that… Read More ›
On Monday, shares of Burger King India jumped nearly 88% in its market debut following its IPO wherein it raised about $110 million. The development underscores the growth potential in the country’s burgeoning food service sector. Shares of the Indian… Read More ›
According to sources familiar with the matter at hand, Airbnb Inc’s sale of shares during its initial public offering (IPO) sold at $68 apiece, above its targeted price range, and raised around $3.5 billion, giving it a diluted valuation of… Read More ›
According to a source familiar with the matter at hand, private equity investor Thoma Bravo has hired an investment bank to raise funds for an initial public offering for a special purpose acquisition company (SPAC). The development marks one of… Read More ›
According to a report from the Wall Street Journal which cites Chinese officials with knowledge of the matter at hand, Chinese President Xi Jinping had personally decided to pull the plug on Ant Group’s $37-billion initial public offering. The decision… Read More ›
In a significant development, Chinese Ant Group’s record $37 billion initial public offering has been suspended with Chinese regulators describing the move as reasonable and necessary. The suspension was just days before its dual debuts in Hong Kong and in… Read More ›
Chinese ride-hailing giant Didi Chuxing is weighing an option for a multibillion-dollar initial public offering in Hong Kong in 2021, said sources with knowledge of the matter at hand. Earlier Didi Chuxing had aimed for a listing in New York…. Read More ›
According to two sources familiar with the matter at hand, the U.S. State Department has submitted a proposal to the Trump administration to add China’s Ant Group to its Entity List. The development comes at a time when when the… Read More ›
On Monday, Big Hit Entertainment, the management label of South Korean hugely popular K-Pop group BTS, priced its initial public offering (IPO) at the top of its range, with buyers hoping to gain from South Korea’s biggest IPO in the… Read More ›
According to a source familiar with the matter at hand, GoodRx Holdings Inc has priced its initial public offering (IPO) at $33 per share, above its target range. The U.S.-based online prescription drug platform had planned to sell 34.6 million… Read More ›
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