Mobile-Game Maker Playtika Jumps in U.S. After Israel-Record IPO
Crystal Tse and Ivan Levingston, Bloomberg News
(Bloomberg) Playtika Holding Corp., a mobile-games company, opened up 24% higher in its trading debut after raising $1.88 billion in an initial public offering.
Shares were up 21% at $32.27 at 1:03 p.m. in New York trading Friday, giving the company a market value of about $13.6 billion.
The Israel-based company and its main owner, a China-based investor, earlier sold 69.5 million shares Thursday for $27 apiece. Playtika had marketed the shares for $22 to $24.
Itâs the largest ever IPO for an Israel-based company, according to data compiled by Bloomberg.
Petco IPO Raises $864 Million as Retailer Returns to Market
Jan 14 2021, 5:38 PM
January 14 2021, 5:54 AM
January 14 2021, 5:38 PM
(Bloomberg) The owner of the animal supply chain store Petco raised $864 million in an initial public offering, returning the retailer to the public market 15 years after it was taken private.
(Bloomberg) The owner of the animal supply chain store Petco raised $864 million in an initial public offering, returning the retailer to the public market 15 years after it was taken private.
The company, which is changing its name to Petco Health and Wellness Co. in conjunction with the listing, sold 48 million shares for $18 each, according to a statement. The private equity-backed company had marketed the shares for $14 to $17.
/PRNewswire/ Petco Health and Wellness Company, Inc. ("Petco"), a complete partner in pet health and wellness, today announced the pricing of its initial.