IPOs - All Articles

  • Trifork gains traction in bookbuilding

    The IPO of Trifork, the Danish software company, on Nasdaq Copenhagen is oversubscribed on the full deal size, according to a source close to the deal.

    • 01.00 PM
  • JD Logistics ready to deliver $3.4bn Hong Kong IPO

    JD Logistics has rolled out its long-awaited HK$26.5bn ($3.4bn) listing in Hong Kong, set to be the city’s largest IPO since the beginning of the year.

    • 07.15 AM
  • Pepco achieves €5.1bn valuation

    Pepco, the Polish discount retail group, has priced its IPO on the Warsaw Stock Exchange at Z40 a share, valuing the company at Z23.0bn (€5.1bn).

    • 14 May 2021
  • Commodities broker Marex to attempt London IPO

    Marex, the commodities dealer, has launched a London IPO hoping to cash in from the increasing demand for commodities exposure. Bankers on the deal know that they are launching into a tough IPO market but hope a small deal size and strong sectoral trends will support the transaction.

    • 14 May 2021
  • Suse revises IPO pricing

    Suse, the German open-source software company, has narrowed the price range for its €1bn IPO on the Frankfurt Stock Exchange.

    • 14 May 2021
  • China’s ForU Worldwide hauls in $100m US IPO

    Chinese road freight company ForU Worldwide is planning a Nasdaq offering of American depositary shares (ADS). It is looking to raise at least $100m.

    • 14 May 2021
  • HK tycoon-backed Artisan Spac seals $300m IPO

    Artisan Acquisition Corp, a blank cheque company backed by Hong Kong tycoon Adrian Cheng, has tapped global investors for a $300m Nasdaq IPO.

    • 14 May 2021
  • Alphawave flops in aftermarket after London flotation

    Shares in Canadian semiconductor company Alphawave plummeted more than 20% on Thursday morning as the stock began trading on the London Stock Exchange after its £856m IPO.

    • 13 May 2021
  • OVHcloud picks banks to lead Paris flotation

    French cloud computing company OVHcloud has mandated banks for its upcoming initial public offering on Euronext Paris.

    • 12 May 2021
  • Montana Aerospace soars in first day trading

    Shares in Montana Aerospace, the Swiss-Austrian aerospace company, took to the skies on Wednesday morning, the company’s first day of trading on the Swiss SIX Exchange following its IPO.

    • 12 May 2021
  • Antares Vision finishes Milan re-IPO on strong note

    This week, Antares Vision, the Italian technology company, has completed a large share sale on the Italian stock exchange which will act as a re-IPO.

    • 12 May 2021
  • Pepco, Alphawave meet demand during bookbuilding

    The IPO of Pepco, the retail conglomerate, is due to be priced at Z40, valuing the company at Z23bn (€5.07bn) when it begins trading on the Warsaw Stock Exchange later this month.

    • 12 May 2021
  • Murdoch-backed Seven Islands Spac eyes $300m IPO

    Asia-focused special purpose acquisition company Seven Islands has filed for a $300m Nasdaq listing.

    • 12 May 2021
  • SF Reit builds HK$2.6bn IPO at top end pricing

    SF Real Estate Investment Trust has raised HK$2.59bn ($333.4m) through a rare trust IPO in Hong Kong.

    • 12 May 2021
  • Monde Nissin covers $1bn IPO with heavyweight backing

    Monde Nissin has covered the Philippines’ largest ever IPO on the first day of bookbuilding, after securing pre-launch demand from a high profile line-up of cornerstone investors.

    • 12 May 2021
  • Believe aims to capture attention with Paris IPO

    Believe, the French music streaming and distribution company, is looking to grab investors in what is becoming an exceedingly binary IPO market as it launches in Paris.

    • 11 May 2021
  • New Hope launches HK IPO with strong cornerstone backing

    New Hope Service Holdings, a Chinese property manager, has launched its Hong Kong listing of up to HK$940m ($121m). It already has the support of Xiaomi Corp and Ke Holdings.

    • 11 May 2021
  • hGears IPO covered on day one

    The IPO of hGears, the German maker of high-precision gears for e-mobility, was covered on Monday, less than a day into book building, according to a source close to the deal.

    • 10 May 2021
  • BNP Paribas adds two MDs for EMEA ECM push

    BNP Paribas has made two senior hires in European equity capital markets as part of its ambitious challenge to top the region’s league table positions.

    • 10 May 2021
  • Aquila Capital creates new listed energy efficiency fund

    Aquila Capital, the German investment company focused on sustainable investments, is launching a new London-listed fund focused on energy efficiency assets in Europe.

    • 10 May 2021
  • Insure-tech firm Waterdrop seals $360m US listing

    Chinese health insurance and healthcare crowdfunding platform Waterdrop has raised $360m after pricing its US IPO at the top of the marketed range.

    • 10 May 2021
  • Nuvoco Vistas lines up $681m Indian IPO

    Cement company Nuvoco Vistas Corp is planning a Rp50bn ($681.5m) listing, having filed draft IPO documents with the Indian regulator.

    • 10 May 2021
  • Canal+ Polska abandons second IPO attempt

    The Warsaw IPO of Canal+ Polska, the Polish satellite TV network, has been postponed. The deal is the latest victim of Europe's binary IPO market.

    • 07 May 2021
  • Liontrust creates new listed ESG fund

    Liontrust Asset Management is launching a new listed ESG fund on the London Stock Exchange.

    • 07 May 2021
  • The UK shouldn’t chase Spacs

    The Financial Conduct Authority’s plan to look at helping US-style special purpose acquisition companies list in London smacks of short-termism. Even in the US, the epicentre of the Spac craze, there is a growing clamour for the Securities and Exchange Commission to toughen listing rules.

    • 06 May 2021
  • Suse IPO ‘oversubscribed’ after early momentum

    The IPO of Suse, the German open-source software company, was covered quickly during its first day of bookbuilding in Frankfurt.

    • 06 May 2021
  • Alphawave opens books on £750m flotation

    Alphawave, the Canadian company that develops technology for the semiconductor industry, is targeting a valuation of up to £3.2bn, according to the terms of its IPO on the London Stock Exchange.

    • 06 May 2021
  • Monde Nissin readies record billion-dollar IPO

    The Philippines’ equity capital markets got another boost this week as Monde Nissin Corp was swamped by investors placing pre-launch bids for its upcoming billion-dollar IPO, set to be the country’s largest ever listing. The market is shaping up to be one of the busiest in southeast Asia this year, tapping into growth in the consumer sector. Jonathan Breen reports.

    • 06 May 2021
  • Pepco adopts cautious valuation in tricky European IPO market

    Pepco, the retail holding company that owns Poundland, has fixed the price range for its IPO on the Warsaw Stock Exchange, valuing the company at Z21.85bn-Z26.45bn (€4.8bn-€5.8bn).

    • 05 May 2021
  • SF Reit builds $345m Hong Kong IPO

    SF Real Estate Investment Trust has launched bookbuilding for its Hong Kong listing. It is aiming to raise up to HK$2.68bn ($345.4m) from the city's first Reit IPO in a year and a half.

    • 05 May 2021
  • Trifork prepares to go public in Copenhagen

    Danish software company Trifork has announced its intention to float on Nasdaq Copenhagen, having attracted large commitments for stock from cornerstone investors.

    • 04 May 2021
  • Montana Aerospace IPO covered on day one

    Swiss-Austrian company Montana Aerospace made a flying start to its IPO on Tuesday, attracting enough investors to cover the transaction in the first few hours of book building.

    • 04 May 2021
  • Capital signs up for Antares Vision re-IPO in Milan

    Antares Vision, the Italian technology company, has set the price range on a share sale to increase its liquidity in what will effectively be a re-IPO of the company. The company was given an early boost with Capital Group committing to act as a cornerstone on the share sale.

    • 04 May 2021
  • PowerGrid InvIT seals $1bn Indian IPO

    PowerGrid Infrastructure Investment Trust has wrapped up its Rp77.3bn ($1.05bn) IPO, giving a boost to the still nascent asset class in India.

    • 04 May 2021
  • Summit Healthcare Spac targets $200m IPO

    Hong Kong-based Summit Healthcare Acquisition Corp has set the ball rolling for a Nasdaq IPO of about $200m.

    • 04 May 2021
  • JD Logistics pre-markets jumbo Hong Kong IPO

    JD Logistics has begun pre-deal investor education for its multi-billion-dollar Hong Kong listing, having won approval from the city’s bourse last Friday.

    • 03 May 2021
  • Tencent-backed Waterdrop launches $360m US listing

    China’s Waterdrop, a health insurance and healthcare crowdfunding platform, has opened the book for an up to $360m New York Stock Exchange IPO.

    • 03 May 2021