Page 45 - New Issues News Today

Shares of special-purpose acquisition companies (SPACs), for months the darling of Wall Street as they attracted unprecedented investor interest, slid again this week amid concerns that their valuations have become inflated.

By Reuters Staff (Adds detail) AMSTERDAM, March 4 (Reuters) - CTP BV, an owner and operator of logistics parks in Central and Eastern Europe, is planning a share issue and listing on the Euronext stock exchange in Amsterdam, it said on Thursday. The company, founded in the Czech Republic, said in a statement that it would seek to raise between 800 million and 1 billion euros ($1.21 billion) in an offering of shares to institutional investors, with the proceeds used to fund debt repayment and pr...

Deliveroo plans a London stock market listing that could value the British food delivery firm at around $7 billion and mark the biggest new share issue in Britain in three years.

Hopin, a British-based provider of virtual events, has raised $400 million from venture capitalists including Andreessen Horowitz and General Catalyst in its latest fundraising round that more than doubled its valuation to $5.65 billion in four months.

2 Min Read (Reuters) - Walmart Inc-owned Indian e-commerce giant Flipkart is exploring going public in the United States through a deal with a blank-check firm, although a traditional stock market listing is much more likely, people familiar with the matter said. FILE PHOTO: The logo of Indias e-commerce firm Flipkart is seen in this illustration picture taken January 29, 2019. REUTERS/Danish Siddiqui/Illustration The talks for a deal with a special purpose acquisition company (SPAC) are at a v...

2 Min Read DUBAI (Reuters) - Al Yah Satellite Communications Company (Yahsat) has held the kick-off meeting with banks for a potential initial public offering, two sources familiar with the matter told Reuters. Yahsat, backed by Abu Dhabi state fund Mubadala Investment Co, has five satellites that serve more than 150 countries, information on its website shows. It also owns United Arab Emirates satellite phone operator Thuraya. Mubadala said in an email it does not comment on speculation and th...

Abu Dhabi state fund Mubadala has tightened guidance for two-tranche euro-denominated bonds comprising six- and 13-year paper after receiving over 2 billion euros ($2.41 billion) in combined orders, a document showed on Thursday.

By Anirban Sen, Sankalp Phartiyal 2 Min Read (Reuters) - Walmart Inc-owned Indian e-commerce giant Flipkart is exploring going public in the United States through a deal with a blank-check firm, although a traditional stock market listing is much more likely, people familiar with the matter said. FILE PHOTO: The logo of Indias e-commerce firm Flipkart is seen in this illustration picture taken January 29, 2019. REUTERS/Danish Siddiqui/Illustration The talks for a deal with a special purpose acq...

ITI Capital launches IPO and Secondary Placing investment service Leading emerging markets-focused brokerage specialist ITI Capital has announced a new IPO service to help clients maximise investments Emerging markets-focused brokerage firm ITI Capital, today announces that it is offering clients the opportunity to invest in global Initial Public Offerings (IPOs) and Secondary Placings as part of major expansion of its services. The new service will allow existing ITI Capital clients as well...

3 Min Read LONDON (Reuters) - British insurer Prudential expects to split off its U.S. business in the second quarter, it said on Wednesday as it posted a 4% rise in full-year operating profit on the back of strength in Asia. FILE PHOTO: The logo of British life insurer Prudential is seen on their building in London, Britain March 17, 2019. REUTERS/Simon Dawson Prudential, which has been pressed by activist investor Third Point to split the business in two, said in January that it would separat...