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Fitness center operator Life Time's return to public markets was met with a lukewarm response on Thursday, with shares opening 8% below their offer price, signaling investors remain cautious in the face of choppy trading in recent weeks.
German airline Lufthansa received strong investor backing for a 2.14 billion euro ($2.47 billion) rights issue, providing some encouragement for travel companies looking to weather the after effects of the COVID-19 crisis.
* Seeks to raise 350 mln euros vs up to 400 mln previously (Updates with quotes from call, market value)
Online learning platform Udemy Inc on Tuesday filed regulatory paperwork for an initial public offering (IPO) in the United States, revealing a surge in revenue last year driven by the pandemic-led accelerated shift toward remote learning.
The United Arab Emirates federal government is expected to raise between $3 billion and $3.5 billion from its debut bond sale, which will comprise three tranches denominated in U.S. dollars, two sources close to the deal said on Monday.