IPOs

  • International coordinators defend Aramco relevance

    International coordinators defend Aramco relevance

    Global banks working on Saudi Aramco's IPO have dismissed claims that they have been effectively sidelined and insist they are engaging international investors, despite the issuer's decision not to roadshow outside of the Gulf.

  • Alibaba’s HK$88bn IPO a shot in the arm for HKEX

    Alibaba’s HK$88bn IPO a shot in the arm for HKEX

    Alibaba Group Holding pulled off the year’s largest IPO this week, raising HK$88bn ($11.2bn) from its Hong Kong secondary listing. The company has given the stock exchange a much needed boost in morale, while signalling to other foreign-listed Chinese companies that they can come home. Jonathan Breen reports.

  • Home Credit cancels HK listing plans

    Home Credit cancels HK listing plans

    Czech consumer finance company Home Credit has shelved its potential Hong Kong IPO citing poor market conditions. The deal had been slated to raise up to $1bn.

  • Aramco saga could end with a $25bn whimper

    Aramco saga could end with a $25bn whimper

    Saudi Aramco’s decision to make its IPO a local affair, with no international marketing, is a lacklustre end to what is nonetheless a huge capital markets event. Unrealistic objectives and hype have taken the shine off a monumental deal.

  • ECM awaits France’s next privatisation after FDJ

    ECM awaits France’s next privatisation after FDJ

    The IPO of Française des Jeux, the French gaming company that runs the national lottery, is set to close this week and equity capital markets are already eyeing up the next big sale from the French state.

  • Aramco chooses local deal over international book

    Aramco chooses local deal over international book

    The IPO of Saudi Aramco will be a local affair after international investors made clear that they wanted a greater concession for the oil giant than the Saudi Arabia was willing to give.

IPO Archive