Banks lobby Aramco for incentive fee after slim IPO pickings: sources
DUBAI/LONDON (Reuters) – Global banks who worked on Saudi Aramco’s (2222.SE) record initial public offering are pushing for an additional…
Saudi Aramco tops Crown Prince’s $2 trillion goal as shares surge
DUBAI/RIYADH (Reuters) – Saudi Aramco (2222.SE) topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman…
Saudi Aramco shares priced at top of range in world’s biggest IPO
FILE PHOTO: A sign of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state…
Saudi Aramco says IPO priced at top to make it world’s biggest IPO
RIYADH/DUBAI (Reuters) – State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its…
FACTBOX: Saudi Aramco: the oil colossus
DUBAI (Reuters) – State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its…
Timeline: Saudi Aramco’s winding road to an IPO
(Reuters) – State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative…
Saudi Aramco prices shares at top of range in world’s biggest IPO
DUBAI/RIYADH Reuters) – State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history, but will…
Novartis nears deal to buy U.S. biotech firm Medicines Co for about $7 billion: WSJ
FILE PHOTO: Switzerland’s national flag flies in front of the logo of Swiss drugmaker Novartis in Basel, Switzerland, January 30,…
Saudi central bank says Aramco IPO not causing liquidity issues for banks
RIYADH (Reuters) – Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any…
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…
Investors left exposed as Trump’s SEC gives America Inc helping hand
WASHINGTON (Reuters) – The United States’ top market cop is slowly taking the shackles off corporations. FILE PHOTO: FILE PHOTO:…
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…
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…
Potential IPO candidate BioNTech secures $325 million in financing round
FRANKFURT (Reuters) – German biotech firm BioNTech has secured $325 million in a private financing round to boost its cancer…
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…
Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue
HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s…
Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh
NEW YORK (Reuters) – Uber Technologies Inc priced its initial public offering on Thursday at the low end of its…
Pinterest seeks $15-$17 per share in IPO, below last private valuation
(Reuters) – Pinterest Inc on Monday set a price range of $15 to $17 per share for its initial public…
Demand for Aramco’s bond ‘north of’ $30 billion, says Saudi energy minister
FILE PHOTO: An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal…
Lyft shares soar on Nasdaq debut, setting stage for Uber
LOS ANGELES/NEW YORK (Reuters) – Lyft Inc’s shares rose as much as 23 percent in their market debut on Friday,…
Lyft valued at $24.3 billion in first ride-hailing IPO
(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup…
Image sharing website Pinterest files for IPO
FILE PHOTO: A Pinterest banner hangs on the facade of the New York Stock Exchange (NYSE) in New York City,…
Exclusive: Lyft’s IPO already oversubscribed – sources
FILE PHOTO: An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego,…
Ride-hailing firm Lyft launches IPO road show in Uber’s shadow
(Reuters) – Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation…
Lyft to launch road show for up to $2 billion IPO: sources
(Reuters) – Ride-hailing platform Lyft Inc will launch the investor road show for its initial public offering on Monday, seeking…
Hong Kong suspends UBS, fines it and other top banks $100 million for IPO failures
HONG KONG (Reuters) – Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for…
Tesla debuts $35,000 Model 3, sees loss in first quarter
SAN FRANCISCO (Reuters) – Tesla Inc said on Thursday it would offer a $35,000 version of its Model 3 sedan…
Tencent Music debut strikes a chord with investors
(Reuters) – Shares of China-based music streaming company Tencent Music Entertainment TME.N rose more than 13 percent in their U.S.…
Dell gets shareholder approval for VMware deal
A logo of Dell Technologies is seen at the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman…
SoftBank’s record IPO reaches $23.5 billion after extra share sale
TOKYO (Reuters) – SoftBank Group Corp (9984.T) is set to raise 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO…
Uber makes confidential filing for long-awaited IPO
NEW YORK/SAN FRANCISCO, (Reuters) – Uber Technologies Inc has filed paperwork for an initial public offering, according to three people…
Netflix adds to growing debt pile with $2 billion bond issue
(Reuters) – Netflix Inc (NFLX.O) announced on Monday it will tap debt markets for a second time this year, aiming…
Exclusive: CrowdStrike hires Goldman Sachs to lead IPO – sources
(This October 19 story corrects penultimate paragraph to show that Tenable shares have gained, not declined, since the company’s IPO)…
Knorr-Bremse discloses dispute with Bosch in IPO prospectus
MUNICH (Reuters) – German brake maker Knorr-Bremse has disclosed a contractual dispute with Robert Bosch GmbH ahead of a stock…
Unilever single holding company shares to start trading in December
LONDON (Reuters) – Consumer goods giant Unilever (ULVR.L) (UNc.AS) said simplifying its parent company structure from two UK and Dutch…
Papa John’s shares fall as board adopts ‘poison pill’
(Reuters) – Shares of Papa John’s International Inc (PZZA.O) fell 8 percent on Monday after the pizza chain said it…
China’s Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: sources
HONG KONG (Reuters/IFR) – China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of…
Xiaomi puts indefinite delay on CDRs in blow to China’s plans for tech listings
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp (IPO-XMGP.HK) said on Saturday there is no timeframe for a mainland…
U.S. medical device firm electroCore IPO price set at $15 per share
(Reuters) – U.S. medical device maker electroCore Llc’s initial public offering is expected to price at $15 per share, Chief…
Bayer launches $7 billion cash call to fund Monsanto deal
BERLIN (Reuters) – Bayer (BAYGn.DE) launched a 6 billion euros ($7 billion) rights issue on Sunday, a cornerstone of the…
Allergan plans sales of women’s health, infectious disease units
NEW YORK (Reuters) – Drugmaker Allergan Plc (AGN.N) plans to sell off its women’s health and infectious disease businesses as…
Walmart may launch IPO for Flipkart in as early as four years
MUMBAI (Reuters) – Walmart Inc (WMT.N) said on Saturday in a filing with a U.S. regulator that it may take…
Spotify puts bank IPO paydays under fund manager scrutiny
LONDON (Reuters) – After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they…
Tesla says no need for capital raise as Model 3 output rises
(Reuters) – Tesla Inc quashed any speculation it might need to raise more capital this year on Tuesday, driving the…
Akzo Nobel reshapes business with 10 billion euro sale
AMSTERDAM (Reuters) – Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers…
Spotify says about two million users suppressing ads without paying
(Reuters) – Music streaming service Spotify Technology SA said on Friday about 2 million of its non-paying users were suppressing…
Alibaba and the $15 billion question: Amid Hong Kong’s protests, when to list?
HONG KONG (Reuters) – Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd (BABA.N) on the…