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February 16, 2021
The National Bank of Kuwait has hired a group of banks to arrange investor calls before a planned issuance of U.S. dollar-denominated Additional Tier 1 bonds, a document showed on Tuesday.
February 16, 2021
Luxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12-billion valuation after veteran dealmaker Michael Klein's blank-check acquisition firm launched a financing effort to back the transaction, people familiar with the matter...
February 16, 2021
2 Min Read JERUSALEM (Reuters) - El Al Israel Airlines said on Tuesday it raised 250 million shekels ($77 million) in a sale of options on the Tel Aviv Stock Exchange, meeting a key condition for a state-backed loan needed to repay the flag carrier’s debts. FILE PHOTO: An Israel El Al airlines plane is seen after its landing following its inaugural flight between Tel Aviv and Nice at Nice international airport, France, April 4, 2019. REUTERS/Eric Gaillard/File Photo The airline said some $...
February 15, 2021
By Reuters Staff 2 Min Read FILE PHOTO: Customers are seen at a table outside The Island Queen pub, which is run by Mitchells & Butlers, amid the outbreak of the coronavirus disease (COVID-19) in Islington, London, Britain, September 24, 2020. REUTERS/Simon Newman (Reuters) - UK pub operator Mitchells and Butlers (M&B) said on Monday it will raise 350 million pounds ($485.98 million) in new equity under a deal with creditors and its main investors that also includes 150 million pounds in new cr...
February 15, 2021
* Sources say IPO may raise $1 billion (Adds dividend, shareholder detail)
February 15, 2021
A stagnant economy, sanctions and low oil prices are the standard risk factors that Russian companies hoping to go public tend to flag to investors. But for Fix Price, they are part of the allure. The company, which could be worth $9 billion, is a bet on the country’s stagnant...
February 14, 2021
February 14, 2021 at 10:56 am You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, We can’t say we are surprised by what’s going on, as we first explained in October why the Canadian cannabis operators would benefit from perceived opportunities in ...
February 12, 2021
By Reuters Staff 1 Min Read SAO PAULO, Feb 11 (Reuters) - Brazil’s Orizan Valorizacao de Residuos SA, which turns waste into biofuel, has concluded a 554 million reais ($103.23 million) initial public offering, according to a securities filing on Thursday. Orizan priced its offering at 22 reais per share, compared with an indicative range of 20 reais to 27 reais per share. The company raised 381.4 million reais, while shareholders sold 172.6 million reais in stock. ($1 = 5.3665 reais) (Report...
February 12, 2021
Securities custody and clearing firm Apex Clearing Corp is in talks with blank-check firm Northern Star Investment Corp II to be taken public, Bloomberg News reported on Friday.
February 12, 2021
Northern Leaf Ltd is close to hiring a lead broker for a London stock listing later this year, its financial adviser said, a month after it became only the second company to receive a license for growing medical cannabis in the British Isles.