Business Events IPOs

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  • *Seeking to raise up to $10 bln in Hong Kong IPO as early as Sept. HONG KONG, July 5- Postal Savings Bank of China, the country's biggest bank branch network, is advertising its strong asset quality to boost its up to $10 billion IPO, but its offer documents also reveal an unsettling and growing exposure to risky shadow loans. Regulators in China are concerned that such "...

  • Hostess Cupcakes and Twinkies

    Hostess Brands, the maker of Twinkies, said it had entered into a deal with Gores Holdings to go public.

  • HONG KONG, July 5- Postal Savings Bank of China, the country's biggest bank branch network, is advertising its strong asset quality to boost its up to $10 billion IPO, but its offer documents also reveal an unsettling and growing exposure to risky shadow loans. Its bad loans at the end of March 2016 were just 0.81 percent in a country where the sector average is...

  • July 1- The parent of Yeti Coolers LLC, the U.S. manufacturer of "built-for-the-wild" coolers that can withstand grizzly bear attacks, filed for an initial public offering on Friday. Yeti Holdings Inc has set a nominal fund raising target of $100 million and has applied to list on the New York Stock Exchange under the symbol "YETI." Bank of America Merrill Lynch, Morgan...

  • Finally this IPO a buy: Trader

    Twilio is up 138 percent since its IPO, with FMHR trader Joe Terranova.

  • MILAN, June 29- Italian air traffic controller ENAV is set to delay its listing by at least a few days and possibly by several weeks after Britain's vote to leave the European Union unsettled markets, three sources said. Banks involved in the initial public offering have valued ENAV at between 1.8 billion and 2.5 billion euros. Barclays Capital, Credit Suisse and...

  • CNBC Pro: Mark Mobius

    Mark Mobius, Templeton Emerging Markets Group, discusses Brexit's impact on emerging markets, how China will likely benefit and where he sees investment opportunities.

  • Brexit will benefit Eastern Europe: Mark Mobius

    Mark Mobius, Templeton Emerging Markets Group, discusses Brexit's impact on emerging markets and how China will likely benefit.

  • Q1 was weak for IPO activity: EY's Martin Steinbach

    Martin Steinbach, IPO leader at EY, discusses how Brexit uncertainty impacted IPO activity.

  • BEIJING, June 29- Saudi and Japanese officials will hold meetings on Wednesday to discuss Japanese investment into the planned initial public offering of a small part of Riyadh- controlled Saudi Aramco, said Khalid Al-Falih, the kingdom's energy minister. "We have a great relationship with energy companies in Japan and also financial institutions," Saudi's...

  • Chinese smartphone start-up Xiaomi could go public in 2025, the founder and chief executive said on Tuesday.

  • *Sets range of Y2, 700- Y3, 200 versus Y2, 800 reference. TOKYO, June 28- Japan's Line Corp on Tuesday set a price range for a Tokyo share sale that could value the messaging app operator at up to $6.57 billion, indicating strong demand for a firm that pitched itself as a stable investment rather than quick-growing startup. Line, owned by South Korea's Naver Corp, set a...

  • Cramer: One IPO that proves Silicon Valley unicorns have value

    Jim Cramer breaks down the recent Twilio IPO to determine if it is worth investing in.

  • RABAT, June 27- The Moroccan government raised 1.94 billion dirhams by selling a 40 percent stake in state-owned port operator Marsa Maroc in the country's first initial public offering this year, traders said on Monday. However, the Casablanca stock exchange's main index, MASI, fell around 1.2 on Monday due to weaker international markets, traders said.

  • MUMBAI, June 27- National Stock Exchange, India's biggest bourse, will file for a domestic initial public offering by January, and will also pursue one abroad, potentially settling a long tussle with some foreign shareholders over the timing of a listing. State-run financial firm IFCI Ltd in April sold 150,000 shares in NSE for 592.5 million rupees, valuing the...

  • TOKYO, June 26- In delaying its IPO by two years, Japanese messaging app company Line Corp bought time to correct weak financial reporting controls, work on its business plan, bolster staffing- and left billions of dollars on the table as its valuation shriveled. In seeking to earn more from its major Asian markets of Japan, Thailand, Indonesia and Taiwan, Line will...

  • June 22- Last fall, Jessica Mah, the founder and chief executive of San Francisco- based inDinero, was deluged with calls from investors wanting to know when the accounting software maker would go public. This year 39 companies have gone public so far, down more than 60 percent from the same period last year, according to data from Renaissance Capital, a manager of...

  • June 24- The leasing unit of China's state-owned development bank launched an initial public offering to raise up to $980 million in Hong Kong this week, securing commitments from cornerstone investors for up to 78 percent of the deal. China Development Bank Financial Leasing Co Ltd tapped six investors, including Three Gorges Capital, China Reinsurance Corp...

  • HONG KONG, June 24- Hong Kong has a deepening love affair with a system that allows major institutions or rich individuals to buy stakes in IPOs before the companies' sell shares to the public but it may be undermining the vibrancy of the city's stock market. The Hong Kong system has often been held up as one that bolsters confidence. The leasing unit of China's...

  • Twilio Inc. founder and CEO Jeff Lawson (C, in glasses) reacts after ringing the opening bell to celebrate Twilio's initial public offering, at the New York Stock Exchange, June 23, 2016 in New York City.

    The cloud software developer's IPO marks the first US venture-backed tech IPO of 2016.