Alibaba Group has offered to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the logistics business in Hong Kong. In the Chinese e-commerce giant’s latest reversal of its restructuring plan, Alibaba, which holds a stake of around 64% in…
All posts tagged Initial Public Offering (IPO)
Gefen International lists on ASX following A$25million IPO
TEL AVIV, ISRAEL: Gefen International A.I. Limited, a platform provider that empowers and transforms agent-based networks, announce that trading of its shares on the Australian Securities Exchange (ASX) will commence today with the code GFN, following the completion of its successful initial public offering (IPO). The IPO raised gross proceeds of A$25 million at an…
Digital 9 Infrastructure launches IPO on LSE
LONDON: Digital 9 Infrastructure Plc announced the launch of its initial public offering (IPO) on the Specialist Fund Segment of the Main Market of the London Stock Exchange, for a target issue of 400 million Ordinary shares at an initial issue price of £1.0 per Share. This announcement follows the Company’s Intention to Float announcement…
LINK Mobility plans NOK 2.5 billion IPO on the Oslo Stock Exchange
OSLO: LINK Mobility Group Holding announced its intention to launch an Initial Public Offering (IPO) of shares in the Company and to apply for a listing on the Oslo Stock Exchange. LINK is one of Europe’s leading providers of mobile messaging and Communications Platform as a Service (CPaaS) solutions, based on volume of messages, for…
Ai-Media lists on ASX after successful $65.5m IPO
SYDNEY: Access Innovation Holdings Limited (Ai-Media), a global provider of technology-driven live and recorded captioning, transcription and translation services, announced that trading of its shares on the Australian Securities Exchange (ASX) will commence with the code AIM, following a successful initial public offering (IPO). The IPO raised gross proceeds of $65.5 million at a price…
Online automotive retailer Vroom files registration statement for proposed IPO
NEW YORK: Vroom Inc. has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering (IPO) of its common stock. Application has been made for listing the common stock on the Nasdaq Global Market under the ticker symbol “VRM.” The number of shares…
Cabot Square Alternatives seeks to raise £200mn through an IPO on LSE
LONDON: Cabot Square Alternatives PLC has expressed intention to seek admission to the premium listing category of the Official List and to trading on the Main Market of the London Stock Exchange (LSE) through an initial public offering (IPO). As part of the IPO, the Company is seeking to raise £200 million, by way of…
Calisen Group confirms intention to float on the London Stock Exchange
LONDON: Calisen Group Holdings Limited has confirmed its intention to undertake an initial public offering (IPO) of the ordinary shares of Calisen plc, a new company to be inserted as the ultimate holding company of the Group. The Company intends to apply for admission of the shares to the premium listing segment of the Official…