Israeli autonomous vehicle technology company Mobileye Global Inc. will soon tap the public market yet again, according to its S-1 filing with the SEC late Friday. What Happened Mobileye said it will offer its Class A common stock in an initial public offering, or IPO, without mentioning the size and pricing of the offering, according…
Porsche IPO Poised to Price at Top End of Range: Bookrunners
BERLIN—Porsche AG shares are poised to price at the top end of the previously announced range, potentially valuing the sports car brand at up to 75 billion euros ($72 billion) in one of Europe’s biggest ever listings. Several bookrunners involved in the deal said Porsche’s books were covered multiple times ahead of the company’s market…
Investors Mixed as Porsche Seeks Price Tag of Up to $75 Billion
BERLIN—Volkswagen shares hovered around breakeven on Monday, reflecting a mixed response from investors to the automaker’s listing plans for sports car brand Porsche AG in what could be Europe’s third biggest initial public offering. Volkswagen said on Sunday it was aiming for a valuation of 70 billion-75 billion euros ($70–75 billion) for Porsche AG, slightly…
Capital Markets Freeze Up as Market Volatility Persists
September 12, 2022
admin
bankruptcyBusiness & Marketscapital marketsCompanieseconomyFederal ReserveInvestmentIPOMarketsrecessionSECstocksUSUS News
0 Comment
It’s been a hard year for companies that want to raise capital. The initial public offering (IPO) market, which allows a company to raise money by selling shares to the public investors, has witnessed a sharp decline this year, following a record-breaking year in 2021. Public offerings in the United States are on track for…
Volkswagen Still Optimistic for Q4 Porsche IPO: CFO
MUNICH—Despite market volatility, Volkswagen is still working toward an initial public offering (IPO) for Porsche in the fourth quarter that would give the luxury brand more freedom, the German carmaker’s finance chief said on Wednesday. “We are optimistic we can pursue this project in the fourth quarter,” Chief Financial Officer Arno Antlitz said at the…
Hong Kong IPO Volumes Tumbled 92 Percent, PwC Cuts HK IPO Forecast by Half
PricewaterhjouseCoopers (PwC) noted Hong Kong’s IPO fund raising activities slowed down in the first half of this year. The total fund-raising amount reached HK$ 17.1 billion (about $2.2 billion) and is expected to contract by 92 percent year on year. Due to factors that contribute to increasing uncertainty, including the continued outbreak of COVID, geopolitical…
China to Miss Boom in Asia Buyout Deals Despite Likely Easing of Crackdown
June 16, 2022
admin
Business & MarketsbuyoutChinaChina Business & EconomyeconomyIPOMarketsmergers and acquisitionsPrivate Equity
0 Comment
HONG KONG—Buyout funds are set to extend a record spending spree in Asia to the rest of the year but they will be mostly seeking deals outside China, where concerns about the economy are likely to outweigh any easing of a regulatory crackdown, dealmakers said. Private equity mergers and acquisitions (M&A) activity in Asia, not…
This Day in Market History: Netflix Goes Public
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 23, 2002, Netflix, Inc. went public. Where the Market Was The Dow finished the day at 10,216.08. The S&P 500 traded at 1,097.08. What Else Was Going on in the World? In 2002, U.S….
Class Of 1997: 25 Years Decades After Their IPOs, Where Are These Companies Now?
Delivering on a promise is a tough proposition, and to consistently deliver requires excellence on all fronts. When companies offer their shares to the public in the form of an IPO, they do so by touting their financial strength, balance sheet solidity, market opportunity, strong competitive positioning, an efficient management team, viable strategy and resilience…
This Day In Market History: Facebook Goes Public
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On May 18, 2012, Facebook, Inc. held its highly anticipated IPO. Where The Market Was The Dow finished the day at 12,369.38. The S&P 500 traded at 1,295.22. What Else Was Going On In 2012, Hurricane Sandy…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`