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By Reuters Staff (Corrects headline and paragraph 1 to say market capitalization of $9 billion, not $4.5 billion) June 3 (Reuters) - Shares of DLocal Ltd leapt nearly 48% in their U.S. stock market debut on Thursday, giving the Uruguayan cross-border payments company a market capitalization of nearly $9 billion. Reporting by Sohini Podder in Bengaluru; Editing by Shinjini Ganguli
By Reuters Staff (Corrects spelling of Elliott in headline and third paragraph, updates shares) TORONTO, May 20 (Reuters) - Shares of Triple Flag Precious Metals Corp were flat in its trading debut on Thursday after the Canadian mine financing company raised more than $250 million in an initial public offering, the biggest Toronto Stock Exchange mining debut since 2012. Led by former Barrick Gold Corp executive Shaun Usmar, Triple Flag provides up-front financing to miners in exchange for a share of future revenue or production. It holds royalty interests in Alamos Gold Inc’s Young-Davidson...
By Reuters Staff (Corrects typographical error in first paragraph) May 13 (Reuters) - Insurer Genworth Financial Inc said on Thursday it had deferred the initial public offering of its mortgage insurance unit, Enact Holdings, citing significant trading volatility in the sector. “Genworth’s Board of Directors determined that current market pricing for the planned offering does not accurately reflect Enact’s value,” Genworth Chief Executive Officer Tom McInerney, said. McInerney said Genworth will continue to evaluate its options as market conditions develop. The listing was proposed af...
By Reuters Staff 2 Min Read (Changes attribution in paras 3 and 4 to a source within the company, not a company spokeswoman) April 9 (Reuters) - Spanish ride hailing app Cabify said on Friday it had hired a chief financial officer to accelerate its plans to list on the Madrid stock exchange and capitalise on a pandemic-induced boom for urban mobility and rapid delivery service apps. Cabify, in an emailed statement, confirmed media reports that it had picked Antonio Espana, former CFO of gas pipeline operator Redexis, as its new CFO. Espana previously worked with security firm Prosegur in the ...