Page 26 - New Issues News Today

2 Min Read SINGAPORE (Reuters) - Philippine food maker Monde Nissin Corp has secured investor commitments for a $1 billion initial public offering (IPO) at 13.50 pesos ($0.28) each, in what would be the country’s biggest IPO on record, three sources familiar with the matter told Reuters on Wednesday. The owner of meat alternative Quorn had flagged the sale of up to 3.6 billion primary shares at a maximum price of 17.50 pesos, but Philippine IPOs are rarely set at their top price. A spokesman ...

Shares in Ecoener fell on their market debut on Tuesday after the Spanish renewable energy group slashed the size of its offer due to limited appetite, sending a potentially sobering signal to others seeking to list in the sector.

By Reuters Staff 2 Min Read (Reuters) -Car battery maker Clarios, backed by Canada’s Brookfield Asset Management Inc, said on Wednesday it had confidentially filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering. The company did not disclose other details about the proposed offering. The flotation of Clarios, which could be valued at over $20 billion in its IPO according to a person familiar with the matter, would mark one of the biggest stock market ...

By Reuters Staff 1 Min Read SINGAPORE, May 5 (Reuters) - Philippine food maker Monde Nissin Corp has secured investor commitments for its billion-dollar initial public offering (IPO) at 13.50 pesos ($0.28) each, in what would be the country’s biggest IPO on record, three sources familiar with the matter told Reuters on Wednesday. The owner of meat alternative Quorn had flagged the sale of up to 3.6 billion primary shares at a maximum price of 17.50 pesos, but Philippine IPOs are rarely set at...

Brazilian oil company Petroreconcavo priced its initial public offering at 14.75 reais per share, according to documents posted on the securities industry regulator CVM website.

By Reuters Staff 2 Min Read ZURICH (Reuters) - Danish software firm Trifork is considering floating on Nasdaq Copenhagen with a subsequent dual-listing on the Swiss stock exchange SIX, the company said on Tuesday. The contemplated initial public offering (IPO) is expected to consist of the sale of existing shares, as well as new shares equivalent to 5% of the existing share capital, it said in a statement. The existing shares are being offered by GRO Holding I ApS, Kresten Krab Holding ApS and ...

By Reuters Staff 2 Min Read PRAGUE, May 4 (Reuters) - The Czech crown led central European currency weakness on Tuesday as a stronger U.S. dollar weighed on the region, although stock gains for Hungarian oil and gas group MOL pushed Budapest up the most in over a month. Budapest’s BUX index climbed 1.5% on a more than 3% rise in MOL’s shares after an update on refinery and petrochemical margins enticed investors. In Prague, the PX index nudged higher and held above the 1,100 level to stick ...

By Reuters Staff 2 Min Read HONG KONG (Reuters) - Chinese online insurance technology firm Waterdrop Inc aims to raise up to $360 million in an initial public offering on the New York Stock Exchange, company filings show. Waterdrop, which is backed by Tencent, will sell 30 million American Depository shares for between $10 and $12 each, it said in the filings with the Securities and Exchange Commission (SEC). The shares will be priced on Thursday after the U.S. market closes, a term sheet for t...

3 Min Read JERUSALEM, April 21 (Reuters) - Israel is prepared to tap international markets for a benchmark-sized sovereign debt offering in 2021 with the timing and size still to be determined and dependent on market conditions, the country’s accountant general said. The issue will most likely be euro-denominated after large dollar-denominated offerings in 2020. Israel typically alternates between dollar and euro every year, and the bonds typically attract a huge number of foreign, thanks to ...

By Reuters Staff 2 Min Read FILE PHOTO: The logo of Germanys Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside an office building of the BaFin in Bonn, Germany, April 15, 2019. REUTERS/Wolfgang Rattay BERLIN (Reuters) -Germany’s financial regulator BaFin warned that Binance, one of the world’s largest cryptocurrency exchanges, risked being fined for offering security-tracking tokens without first publishing an investor pros...