Page 33 - New Issues News Today

By Reuters Staff 2 Min Read (Reuters) -Robotic process automation startup UiPath Inc is targeting a valuation of nearly $26 billion in its U.S. initial public offering (IPO), a regulatory filing on Monday showed. The New York-based company plans to sell 21.3 million shares priced at between $43 and $50 per share, raising about $1.06 billion. UiPath was valued at $35 billion during a funding round earlier this year. The company uses artificial intelligence and low-code tools to help large corpor...

5 Min Read SHANGHAI/HONG KONG (Reuters) - A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing Hong Kong share sales instead, as regulators tighten scrutiny of IPO applicants after the halting of Ant Group’s $37 billion float. FILE PHOTO: A sign for STAR Market, Chinas new Nasdaq-style tech board, is seen after the listing ceremony of the first batch of companies at Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 20...

By Reuters Staff 2 Min Read (Reuters) -Robotic process automation startup UiPath Inc is targeting a valuation of nearly $26 billion in its U.S. initial public offering (IPO), a regulatory filing on Monday showed. The New York-based company plans to sell 21.3 million shares priced at between $43 and $50 per share, raising about $1.06 billion. UiPath was valued at $35 billion during a funding round earlier this year. The company uses artificial intelligence and low-code tools to help large corpor...

New bank loans in China rose more expected in March from the previous month due to strong corporate and household demand, as the central bank walks a tightrope between supporting the rapidly recovering economy and containing debt risks.

2 Min Read STOCKHOLM (Reuters) - Swedish payments firm Trustly said on Monday it intends to list its shares on the Nasdaq Stockholm exchange. In January, Reuters reported here that Trustlys owner, buyout group Nordic Capital, was in the process of hiring more banks with a view to launching an IPO in late April or early May that could value the firm at up to 9 billion euros ($10.70 billion). “We are going to raise 8 billion Swedish crowns primary proceeds that we will use to pay off existing d...

Cybersecurity company KnowBe4 Inc, backed by private-equity firm KKR & Co and funds affiliated with Goldman Sachs, said on Monday it was aiming for a valuation of up to $3 billion in its initial public offering in the United States.

Thailand's central bank will allow registration for non-resident bond investors by Jan. 4 next year, it said on Monday, in order to enhance market surveillance to safeguard exchange rate stability and financial stability.

2 Min Read HANOi (Reuters) - Vingroup JSC, Vietnam’s largest conglomerate, is considering an U.S. initial public offering (IPO) of its car unit that could value VinFast at about $60 billion, two people familiar with the matter said on Monday. FILE PHOTO: Labourers work at Vinfast auto plant on the occasion of its opening ceremony in Hai Phong city, Vietnam June 14, 2019. REUTERS/Kham/File Photo Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the pot...

New bank loans in China rose more expected in March from the previous month due to strong corporate and household demand, as the central bank walks a tightrope between supporting the rapidly recovering economy and containing debt risks.

Air France-KLM will expand its partnership with China Eastern Airlines, as the Chinese carrier contributes to a 1 billion-euro ($1.2 billion) share issue heavily backed by the French government, the airline group said on Monday.