Bloomberg
Instacart IPO Sets Valuation Well Below Pandemic High
Instacart and its backers are seeking to raise as much as $616 million in an initial public offering that may value the grocery-delivery business at up to $9.3 billion, less than a quarter of what it was worth at the height of the...
Bloomberg
Arm IPO: Chip Designer May Lift Price Range Ahead of Listing
Arm Holdings Ltd. is considering raising the price range of its initial public offering after meeting investors for what would be the world's largest listing this year, according to people familiar with the matter. Alex Webb has more on...
Bloomberg
Arm's IPO Orders Already Oversubscribed by 10 Times
The initial public offering of Arm Holdings Ltd., the chip designer owned by SoftBank Group Corp., is already oversubscribed by 10 times, and bankers plan to stop taking orders by Tuesday afternoon, according to people familiar with the...
Bloomberg
Why SoftBank Is Scaling Back Expectations for Arm IPO
SoftBank's Arm Holdings is planning to raise as much as $4.87 billion in a significantly smaller initial public offering than the phone-chip designer had previously targeted. Liana Baker has more on "Bloomberg Markets: The...
Bloomberg
Saudi Arabia's Ades to List as Riyadh's Biggest 2023 IPO
Saudi Arabia's Ades International Holding is set to list in Riyadh in an offering that will consist of 338.7 million shares, or a 30% stake in the company, and could raise about $1 billion. Matthew Martin reports on Bloomberg Television.
Bloomberg
Instacart Files for IPO, Discloses PepsiCo Investment
Instacart is moving ahead with an initial public offering, disclosing net income of $242 million for the first half of the year. Katie Roof reports on "Bloomberg Markets: The Close."
Bloomberg
Torch Capital Founder Says We're in a Volatile Time for Tech
Jon Keidan, Torch Capital Founder and Managing Partner, talks about the IPO of Arm Holdings and his outlook for investing in consumer technology. He speaks with Ed Ludlow and Caroline Hyde on "Bloomberg Technology."
Bloomberg
Arm Holdings Files for IPO
SoftBank Group Corp. semiconductor unit Arm filed for what is set to be the year's largest US initial public offering, disclosing key details of its finances and giving struggling equities markets their biggest lift in almost two years....
Bloomberg
Investors Will Be Watching Success of Arm IPO
Phil Haslett, the co-founder of EquityZen, a marketplace for pre-IPO equity, weighs in on Arm's potential IPO and the outlook for other venture-backed startups. He speaks with Caroline Hyde on "Bloomberg Technology."
Bloomberg
SoftBank's Semiconductor Unit Arm Files for IPO
SoftBank Group's semiconductor unit Arm filed for what is set to be the year's largest US initial public offering, disclosing key details of its finances and giving struggling equities markets their biggest lift in almost two years. Sri...
Bloomberg
Vietnamese EV Maker VinFast Debuts on Nasdaq
VinFast Auto Ltd. soared in its first day of trading as the Vietnamese electric-vehicle maker looks to raise its profile and take on established car manufacturers. CEO Le Thuy speaks on "Bloomberg Technology."
Bloomberg
Ant Plans Buyback at 70% Lower Valuation Than at IPO
Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and provide a chance to cut stakes for investors. This comes after the People's Bank of China's announcement on Friday that financial...
Bloomberg
Birkenstock Owner Said to Weigh $6 Billion IPO
L Catterton, the private equity firm backed by luxury French fashion house LVMH, is considering strategic options for Birkenstock including an initial public offering, according to people familiar with the matter. Crystal Tse reports on...
Bloomberg
Deals Report: Circor Agrees to Amended Bid From KKR
Industrial pump and valve maker Circor International Inc. agreed to an amended buyout offer of $56 a share from investment firm KKR & Co., saying it's more certain than a slightly higher bid from Arcline Investment Management LP....
Bloomberg
Vista Equity COO Breach Spots Early Relief Signs in IPO Bottleneck
Vista Equity Partners President and COO David Breach says there are premature signs of relief in the market for initial public offerings and the widening of the bottleneck could present more exit opportunities for tech buyout firms like...
Bloomberg
Francis Bacon Triptych Set for 50 mln July IPO, Art Bourse Says
A Francis Bacon triptych estimated at about 50 million euros will be sold through an initial public offering in July, announced Artex, a new Liechtenstein-based trading platform aiming to become the equivalent of a stock market for art....
Bloomberg
EY Sees a Glimmer of Hope for IPOs in Second Quarter
Paul Go, global IPO leader at EY, discusses the prospects for initial public offerings. More companies will be considering or working on initial public offerings during the second quarter, but deals may only materialize in the latter...
Bloomberg
Zimbabwe Bourse Aims to Double Listings
The Victoria Falls Stock Exchange aims to double its listings to 20 by the end of 2023. Chief Executive Officer Justin Bgoni spoke to Bloomberg's Jennifer Zabasajja at the Zimbabwe Capital Markets Conference in London.
Bloomberg
Harley-Davidson Livewire Unit Goes Public in SPAC
LiveWire Group Inc., the electric motorcycle division spun off by Harley-Davidson Inc., raised less than planned and was valued below expectations in a lackluster trading debut. Jochen Zeitz, Harley Davidson president and ceo, talks...
Bloomberg
China Vanke's Onewo, EV Maker Leapmotor Fall in Hong Kong Trading Debut
Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co. slumped as much as 33%, while Onewo Inc., the property management unit of real estate developer China Vanke Co., fell as much as 7.9% on their Hong Kong trading debut....
Bloomberg
Porsche 'An Autonomy Company' After IPO, CEO Says
Porsche CEO Oliver Blume discusses the automaker's trading debut and further potential spinoffs for Volkswagen AG with Tom Mackenzie on "Bloomberg Surveillance Early Edition."
Bloomberg
FaZe Clan's Market Debut Will Test Gen-Z Hype Machine
FaZe Clan CEO Lee Trink joins Emily Chang to discuss the e-sports company's first day trading on Nasdaq, how he wants to further the gaming lifestyle brand, and invest in a Web3 future.
Bloomberg
Banks Push Back Against China's Plan to Curb Foreign IPOs
Global banks are voicing concerns about China's draft rules that could significantly alter how and where Chinese companies go public outside of the mainland. Stephen Engle reports on "Bloomberg Daybreak: Asia."
Bloomberg
Constellation Said to Plan IPO for Canadian Wine Unit
June 3 -- Constellation Brands, the beer, wine and spirits producer and marketer, is seeking a valuation of roughly $1 billion (US$771 million) for the initial public offering of its Canadian wine business later this year, according to...