The new SEC chairman has allowed companies to file confidentially prior to their IPOs. The rule will apply to even those companies who have yet to make their first year into the public reporting system. In a development that is… Read More ›
IPO
Netmarble Games likely to come out with $2.35 billion IPO this April
This will be South Korea’s 2nd largest ever IPO beating even Samsung BioLogics Co Ltd’s 2.25 trillion won IPO of 2016. In what is stated to be South Korea’s second largest ever listing, mobile game manufacturer, Netmarble Games Corp has… Read More ›
SoftBank could potentially invest ~$4 billion in WeWork
WeWork continues to raise capital ahead of its planned listing. After this deal, the company will be valued at more than $20 billion. CNBC has reported today, that SoftBank Group Corp is all set to sink in $3 billion into… Read More ›
Saudi Arabia looking to diversify its economy through the Saudi Aramco IPO
Championed by Saudi’s Mohammed bin Salman, the Deputy Crown Prince, the world’s biggest IPO is expected to be valued to at least $2 trillion. Saudi Aramco has selected Morgan Stanley, JPMorgan Chase & Co and HSBC Holdings Plc as its… Read More ›
Snap Inc’s forecasts $1 billion for Amazon’s cloud services
Snap already has a $2 billion contract for Google’s cloud services. The $1 billion it plans on spending on Amazon’s cloud services is in addition to its Google cloud service commitments. Eventually, Snap plans on investing in its own data… Read More ›
Floor & Decors to come out with a $1 billion IPO
The U.S. new housing and housing repairs sector has, of late, seen robust growth. According to sources familiar with the matter at hand, Floor & Decor Holdings Inc, a U.S. based tile and flooring retailer, is getting ready to launch… Read More ›
Frontier Airlines planning for an IPO
The low cost carrier has hired Deutsche Bank AG, Evercore and JPMorgan Chase & Co to manage its IPO. The New York Times has reported citing sources familiar with the matter at hand that Denver based, Frontier Airlines, a budget… Read More ›
Snap Inc. and Uber technologies to lead IPO wave in U.S. in 2017
Although IPOs in the U.S. fell by more than a third in 2016, compared to 2015, the IPO scene is set to get a boost now that the uncertainty of the presidential elections is over. Fueled by a stronger economic… Read More ›