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October 4, 2021
(Bloomberg) -- Grab Holdings Inc. is boosting its ownership of the Indonesian mobile wallet provider Ovo to about 90% by acquiring stakes from PT Tokopedia and Lippo Group. Singapore-based Grab, which plans to go public via a merger with Altimeter Growth Corp.
October 4, 2021
Chipmaker GlobalFoundries revealed a jump in revenue in its filing for a stock market flotation, setting the stage for a blockbuster finish to a record year for initial public offerings in the United States.
October 4, 2021
(Bloomberg) -- Volvo Car Group AB will look to raise at least 25 billion krona ($2.9 billion) in an initial public offering the company is forging ahead with despite the global chip shortage. Proceeds will help the Swedish carmaker owned by China’s Zhejiang Geely Holding Group Co.
October 3, 2021
India’s coal power giant NTPC Ltd. expects to raise 150 billion rupees ($2 billion) through initial public offerings in three units including its renewables business, and the paring of a joint venture stake, according to a company official familiar with the plans.
October 3, 2021
(Bloomberg) -- The global energy crisis is intensifying, hammering the shares of companies that consume a lot of power and sending the stocks of those that produce it soaring.
October 2, 2021
(Bloomberg) -- Asia has had its best third quarter on record for initial public offerings, even with Hong Kong turning quiet as many firms put listing plans in the regional powerhouse on hold amid China’s sweeping regulatory clampdown.
October 1, 2021
India's finance ministry said on Friday reports suggesting the government has picked a winning bid for the debt-laden state-run airline Air India were incorrect.
October 1, 2021
(Bloomberg) -- Pension manager AustralianSuper Pty agreed to buy a majority stake in the mobile phone towers unit of Singapore Telecommunications Ltd.’s Australian subsidiary Optus for about A$1.9 billion ($1.4 billion).
October 1, 2021
(Bloomberg) -- Four of the biggest U.S. technology companies are getting a belated chance to give feedback on antitrust legislation that could force drastic changes to their business models and consumer products, according to people familiar with the request.