Saudi Aramco markets IPO in Dubai after approaching Kuwait fund
DUBAI (Reuters) – Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure demand from Kuwait’s sovereign wealth fund for the…
Shares of Ping Identity jump 25% in U.S. market debut
Ping CEO Andre Durand celebrates the IPO of Ping on the floor of the New York Stock Exchange in New York, U.S., September 19, 2019. REUTERS/Lucas Jackson (Reuters) – Shares…
Airbnb plans stock market splash in 2020
FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato/File Photo (Reuters) – Home rental giant Airbnb said it plans…
Exclusive: WeWork to press on with IPO launch despite valuation concerns – sources
(Reuters) – WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over the valuation…
WeWork preps for IPO with growing revenues and widening losses
(Reuters) – WeWork owner The We Company on Wednesday published detailed financial statements for the first time, showing it lost more than $900 million in the first half of 2019…
Exclusive: WeWork to host Wall Street analyst day in IPO push – sources
NEW YORK (Reuters) – The We Company, parent of shared office space manager WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company…
AB InBev pulls Budweiser listing, canceling year’s largest IPO
HONG KONG/NEW YORK/BRUSSELS (Reuters) – Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APAC…
Luxury online reseller The RealReal closes up more than 40% in debut
(Reuters) – Shares of U.S. online luxury reseller The RealReal Inc (REAL.O) closed up more 40% in their debut on Friday, giving it a market capitalization of around $2.4 billion…
Velodyne Lidar hires bankers for an IPO: Business Insider
A Velodyne LiDAR sensor is seen mounted on a self-driving vehicle during a self-racing cars event at Thunderhill Raceway in Willows, California, U.S., April 1, 2017. REUTERS/Stephen Lam (Reuters) –…
PetSmart’s Chewy gets Wall Street tails wagging with $1 billion IPO
NEW YORK (Reuters) – Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing…