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Tag: IPO

Albertsons prices IPO | Chain Store Age

Albertsons Cos. is proceeding with its plans to go public. The supermarket giant, whose banners include Safeway, Vons, Acme, its namesake brand and others, announced an initial public offering of 65.8 million shares, at an anticipated price of  $18 to $20 per share.  At the midpoint of the proposed range, Albertsons would command a market value …

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Peloton shares slip, extending two-day losses

A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Peloton extended their two-day losses, trading down as much as 8.9% on Wednesday, following a critical short-seller note …

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Chewy stock surges as online pet retailer brushes off lockup expiration

A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Chewy, the online pet retailer, gained more than 5% on Wednesday, as the company brushed off lockup expiration …

Chewy stock surges as online pet retailer brushes off lockup expirationRead More

Alibaba to close books early for $13.8 billion Hong Kong listing

A logo of Alibaba Group is seen during Alibaba Group’s 11.11 Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, China, November 11, 2019. Aly Song | Reuters Alibaba will close its order books to institutional investors early for its upcoming secondary listing in Hong Kong, a sign that demand for shares is …

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Alibaba prices Hong Kong listing, looks to raise up to $13.8 billion

The Alibaba Group Holdings Ltd. headquarters stand illuminated at night ahead of the annual November 11 Singles’ Day online shopping event in Hangzhou, China, on Sunday, Nov. 10, 2019. Qilai Shen | Bloomberg | Getty Images Alibaba announced pricing of shares for its upcoming secondary listing in Hong Kong in which it could raise up …

Alibaba prices Hong Kong listing, looks to raise up to $13.8 billionRead More

China retail giant Alibaba given OK for huge Hong Kong listing, Retail News, ET Retail

Hong Kong: Chinese online retail titan Alibaba has been given the go-ahead to list shares in Hong Kong, reports said Wednesday, in what could be the city’s biggest IPO in almost a decade. Approval for the sale will also give the city’s financial authorities a huge boost as Hong Kong is battered by months of …

China retail giant Alibaba given OK for huge Hong Kong listing, Retail News, ET RetailRead More

Alibaba readies $13 billion Hong Kong listing before end of November

Attendees pass by an Alibaba.com display at CES 2019 in Las Vegas. David Becker | Getty Images Alibaba is planning a secondary listing in Hong Kong which is likely to take place in the last week of November and raise approximately $13 billion, a source with direct knowledge of the matter told CNBC. The Chinese …

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Bankers miss out on $35m payday as Latitude Financial’s $3.2bn IPO collapses | Australia news

One of the year’s most-hyped share market floats, the $3.2bn Latitude Financial IPO, has failed after superannuation funds led by the nation’s biggest, Australian Super, decided not to purchase shares in the company. Latitude, a lender which is part-owned by private equity group KKR and helmed by controversial businessman Ahmed Fahour, decided to yank the …

Bankers miss out on $35m payday as Latitude Financial’s $3.2bn IPO collapses | Australia newsRead More