Page 38 - New Issues News Today

By Reuters Staff 2 Min Read (Reuters) - Bain Capital-owned Diversey Holdings Ltd, which provides cleaning and hygiene products, said on Tuesday it was aiming for a valuation of up to $6.38 billion in its initial public offering in the United States. Diversey is seeking to raise up to $970 million in its IPO from selling about 46.2 million shares priced between $18 and $21 apiece, according to the company’s filing. Bain had acquired Diversey in 2017 from Sealed Air Corp for about $3.2 billion....

By Reuters Staff 1 Min Read FILE PHOTO: Bank of England Governor Andrew Bailey poses for a photograph on the first day of his new role at the Central Bank in London, Britain March 16, 2020. Tolga Akmen/Pool via REUTERS MILAN (Reuters) - Economic growth in the United Kingdom will fall by 4% in the first quarter from the same period last year and by 19% compared to the first three months of 2019, the governor of the Bank of England said on Tuesday. In an interview with Italian daily Il Sole 24 Or...

By Reuters Staff 2 Min Read (Reuters) - Bain Capital-owned Diversey Holdings Ltd, which provides cleaning and hygiene products, said on Tuesday it was aiming for a valuation of up to $6.38 billion in its initial public offering in the United States. Diversey is seeking to raise up to $970 million in its IPO from selling about 46.2 million shares priced between $18 and $21 apiece, according to the company’s filing. Bain had acquired Diversey in 2017 from Sealed Air Corp for about $3.2 billion....

4 Min Read (Reuters) - Chime has held preliminary talks with investment banks about launching a stock market flotation, which could value the financial services startup at more than $30 billion, as soon as the end of 2021, people familiar with the matter told Reuters. Since launching in 2012, Chime has emerged as one of the fastest growing financial technology platforms in the United States. It briefly overtook online brokerage Robinhood Markets last year as the most valuable U.S. fintech “un...

3 Min Read (Reuters) - U.S. companies are opting to issue bonds with fixed coupons rather than floating rates as the spectre of a rapid rise in yields impels them to lock in their costs of borrowing. FILE PHOTO: U.S. flags fly out in front of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 16, 2021. REUTERS/Brendan McDermid Refinitiv data showed U.S. companies have issued $456 billion through fixed-coupon bonds until March 15, a 12% increase over the same period last year...

3 Min Read MOSCOW (Reuters) - Russian companies, back on global investors’ radar since late last year, are set for an IPO boom in 2021 with initial public offerings expected to raise at least $10 billion, the highest in more than a decade, says UBS. FILE PHOTO: A woman picks up an order at the pick-up point of the Ozon online retailer in Moscow, Russia, March 16, 2020. REUTERS/Evgenia Novozhenina Russian gold miner GV Gold on Monday became the latest Russian company to announce plans for an I...

2 Min Read FILE PHOTO: A logo of Baidu is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song/File Photo BEIJING (Reuters) - Chinese search giant Baidu Inc said on Monday that its artificial intelligence chip unit Kunlun recently completed a round of fundraising, which according to one source with direct knowledge of the matter values the business at about $2 billion. The fundraising, which comes as the company pushes forward ...

By Reuters Staff 2 Min Read (Reuters) - A blank-check firm backed by founders of New York-based venture capital firm FirstMark Capital has filed for an initial public offering of up to $400 million. FirstMark Acquisition Corp III is offering 40 million units, consisting of stocks and warrants, at $10 each and will be listed on the New York Stock Exchange, it said in a filing. The firm will be led by Chief Executive Officer Richard Heitzmann and Chairman Amish Jani. Both Heitzmann and Jani found...

By Reuters Staff 2 Min Read MILAN (Reuters) - Italian defence group Leonardo launched on Monday an initial public offering of its U.S. electronics unit DRS, which counts the U.S. military as a customer. The parent company will offer about 31.9 million shares of Leonardo DRS, or a 22% stake, on the New York Stock Exchange for $20 to $22 per share, a filing showed, valuing the stake at up to $701.8 million. The state-controlled group said last month that it aimed to complete the listing by the en...

Italian defence group Leonardo launched on Monday an initial public offering of its U.S. electronics unit DRS, which counts the U.S. military as a customer.