Dec 5 (Reuters) – Chinese spicy snack food maker Weilong Delicious Global is aiming to raise up to $141 million in a Hong Kong initial public offering launched on Monday, well below its initial target of about $1 billion. The company is selling 96.39 million shares in the range of …
Read More »Structural changes remain a concern for Cineworld
Cineworld, which owns almost 10,000 screens across ten nations, represents one of UK investors’ few options to invest in the cinema business and has often held a role as a bellwether for the industry. Over the past 18 months, its turbulent performance has reflected investor perceptions of the movie trade’s …
Read More »Deliveroo aims to sell $1.4 billion of new shares in upcoming IPO
By Rachel Armstrong, Abhinav Ramnarayan FILE PHOTO: A deliveroo delivery driver cycles through the centre of Manchester, Britain, March 8, 2021. REUTERS/Phil Noble LONDON (Reuters) – Deliveroo said on Monday that it plans to sell around 1 billion pounds ($1.39 billion) of new shares in its upcoming initial public offering …
Read More »Instacart board adds Facebook exec Simo, ex-Netflix CFO McCarthy
Fidji Simo, Director of Product at Facebook Frederick M. Brown | Getty Images Instacart is adding two tech heavyweights to its small board ahead of an expected IPO this year. Fidji Simo, who is the executive in charge of the Facebook app, and Barry McCarthy, former CFO at Spotify and …
Read More »The Hut Group launches $1.22 billion London float
LONDON (Reuters) – E-commerce firm The Hut Group confirmed its intention to float on the London Stock Exchange on Thursday, in potentially the biggest listing of a British company since 2013 and the first major London listing since the COVID-19 crisis. The 920 million pound ($1.22 billion) float would value …
Read More »The Hut Group set for biggest British IPO in years
(Reuters) – E-commerce retailer The Hut Group plans a London initial public offering that would value it at around 4.5 billion pounds ($5.95 billion), potentially the biggest listing of a British company since 2013, as it seeks to tap investor appetite for the online sector. FILE PHOTO: People walk past …
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