Today: September 12, 2024
Today: September 12, 2024

IPO

Economy|Finance

Debut of Bill Ackman's new fund delayed but expected to proceed

The New York Stock Exchange said on Friday that the debut of billionaire investor Bill Ackman's new U.S. fund, Pershing Square USA, has been delayed, without

Debut of Bill Ackman's new fund delayed but expected to proceed
Business|Finance|Stock Markets

KKR-backed OneStream surges in market debut

Shares of financial software maker OneStream, backed by private equity firm KKR, rose nearly 30% in their Nasdaq debut on Wednesday, valuing the company at

KKR-backed OneStream surges in market debut
Business|Finance|Stock Markets

Logistics giant Lineage raises $4.44 billion in biggest IPO of 2024

Lineage, the world's largest operator of cold-storage warehouses, raised $4.44 billion in its U.S. initial public offering, setting it up for the biggest stock market

Logistics giant Lineage raises $4.44 billion in biggest IPO of 2024
Business|Economy|Finance|Stock Markets

Nasdaq profit beats as fintech sales jump, shares soar

Nasdaq's second-quarter profit topped Wall Street estimates on Thursday, driven by strong demand for its products that help traders navigate

Nasdaq profit beats as fintech sales jump, shares soar
Asia|Business|Technology

SoftBank-backed Ola Electric suspends India car project to focus on scooters, bikes, sources say

India's IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business,

SoftBank-backed Ola Electric suspends India car project to focus on scooters, bikes, sources say
Business|Finance|Stock Markets

Cold storage REIT Lineage rises 5% in the biggest IPO of 2024

Cold storage real estate investment trust Lineage's shares gained 5% in their Nasdaq debut on Thursday, signaling investor enthusiasm for the year's biggest

Cold storage REIT Lineage rises 5% in the biggest IPO of 2024
Asia|Business|Technology

Spot work startup Timee shares pop 30% in Tokyo debut

Shares in startup Timee, which operates a platform connecting workers seeking side gigs with labour-strapped businesses, rose roughly 30% on Friday in their Tokyo stock market debut.

Spot work startup Timee shares pop 30% in Tokyo debut
Business|Economy|Europe|Fashion and Beauty

End of tax loophole risks dimming Shein's IPO appeal, investors say

Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein's profitability and risk denting the fast fashion

End of tax loophole risks dimming Shein's IPO appeal, investors say
Economy|News|Technology

Arm Holdings shares gain nearly 25% in biggest initial public offering since late 2021

Shares of U.K. chip designer Arm Holdings rose almost 25% in their stock market debut, in the largest initial public offering of shares in nearly two years

Arm Holdings shares gain nearly 25% in biggest initial public offering since late 2021
Economy|Technology

Instacart sets IPO price at $30 a share, valuing the company at about $10 billion

Instacart has priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company

Instacart sets IPO price at $30 a share, valuing the company at about $10 billion
Economy|Technology

Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market

Instacart delivered in its stock market debut

Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market
Business|News|World

Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong

Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong
Business

Germany's Birkenstock aims to raise up to $1.58 billion in US IPO

Birkenstock, the German premium footwear brand backed by private equity firm L Catterton, said on Monday it was seeking to raise up to $1.58 billion in its initial public offering in New York.

Germany's Birkenstock aims to raise up to $1.58 billion in US IPO
Business

Birkenstock the latest shoe to drop in a tough IPO market

Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract new shoppers amid a cost

Birkenstock the latest shoe to drop in a tough IPO market
Business

Birkenstock eyes pricing IPO at top of range -sources

Birkenstock Holding Ltd has secured enough commitments from investors to price its U.S. initial public offering (IPO) at the top of its indicated range and attain a

Birkenstock eyes pricing IPO at top of range -sources
Business

Arm gets Wall Street's 'buy' on royalty plan, cloud expansion

Several Wall Street brokerages started coverage of Arm Holdings with their top ratings on Monday, saying the chip designer's dominance in the smartphone

Arm gets Wall Street's 'buy' on royalty plan, cloud expansion
Business

Bain Capital delays Virgin Australia listing until next year - source

Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with knowledge of the matter said on Tuesday.

Bain Capital delays Virgin Australia listing until next year - source
Business

Birkenstock prices US IPO at $46 per share -sources

German premium footwear Birkenstock Holding priced its U.S. initial public offering (IPO) at $46 per share on Tuesday afternoon at the middle of its

Birkenstock prices US IPO at $46 per share -sources
Business|News

Birkenstock prices its initial public offering of stock valuing the sandal maker at $8.64 billion

Birkenstock has set a price for its initial public offering of stock that values the 249-year-old German maker of upmarket sandals at $8.64 billion

Birkenstock prices its initial public offering of stock valuing the sandal maker at $8.64 billion
Business

Birkenstock stumbles in underwhelming US market debut

Birkenstock's stock ended more than 12% below its initial public offering (IPO) price on Wednesday in an underwhelming Wall Street debut

Birkenstock stumbles in underwhelming US market debut
Business|Economy|News

Birkenstock stumbles on Wall Street as investors find sandal maker's shares too pricey

Birkenstock shares have tumbled in their debut on the New York Stock Exchange as Wall Street traded in its wingtips for sandals for a day

Birkenstock stumbles on Wall Street as investors find sandal maker's shares too pricey
Business

Birkenstock shares fall 11% in market debut to notch $8.32 billion valuation

Luxury sandal maker Birkenstock notched a valuation of $8.32 billion in its market debut on Wednesday after shares opened 11% below their offer price.

Birkenstock shares fall 11% in market debut to notch $8.32 billion valuation
Business

Birkenstock's stock loses footing in second day on Wall Street

Shares of Birkenstock dropped 6% on Thursday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street debut.

Birkenstock's stock loses footing in second day on Wall Street
Business

Most Wall St brokerages upbeat on Instacart on e-grocery shopping potential

Most Wall Street brokerages, including J.P.Morgan and Piper Sandler, kicked off coverage on Instacart with a bullish view, betting on the grocery delivery app's growth

Most Wall St brokerages upbeat on Instacart on e-grocery shopping potential
Business

Nasdaq beats profit estimates on strong demand for investment products

Nasdaq on Wednesday reported third-quarter profit that beat Wall Street estimates, helped by stronger demand for its indexes and anti-financial-crime products.

Nasdaq beats profit estimates on strong demand for investment products

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