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Business Events IPOs

  • LONDON, March 31- Legislation paving the way for the eventual listing of shares in the Nigerian Stock Exchange should be passed this year with the government supporting the move, the bourse's chief executive Oscar Onyema said on Friday. Firstly, parliament has to introduce legislation to transform the bourse into a company limited by shares, Onyema said on the...

  • Tradeshift aspire to be the Alibaba or Amazon of managing

    Tradeshift CEO Christian Lanng discusses launching an AI service on his platform.

  • SAO PAULO, March 30- Odebrecht SA, the family-controlled engineering conglomerate ensnared in Brazil's worst corruption scandal ever, is considering going public once it finalizes a thorough overhaul of corporate governance practices, a senior executive told Reuters on Thursday. Odebrecht is the largest of Brazilian building groups accused of colluding...

  • JERUSALEM, March 30- With the ink barely dry on the $15 billion sale of his autonomous driving technology firm Mobileye to Intel, inventive Israeli entrepreneur Amnon Shashua now has his sights set on taking another start-up public by the end of next year. The company completed a $41 million investment funding round last month that values the company at $600...

  • Axios: BuzzFeed to go public in 2018

    Mike Allen, Axios, discusses Buzzfeed's potential IPO, and why it may pave the way for other digital media companies.

  • Robots take on Wall Street

    Daniel Nadler, Kensho CEO, weighs in on using artificial intelligence for investors.

  • Blue Apron delivery service.

    Blue Apron, the meal kit company, has hired investment bankers to lead its 2017 initial public offering, according to people familiar with the matter.

  • SAN FRANCISCO, March 29- Blue Apron, the biggest U.S. meal kit company, has hired investment bankers to lead its 2017 initial public offering, according to people familiar with the matter. New York City- based Blue Apron has selected Goldman Sachs, Morgan Stanley and Citigroup Inc to lead the offering that could come as soon as this fall, the sources said.

  • ABU DHABI, March 29- Dubai- based ride-hailing company Careem is looking for acquisition opportunities and is considering an initial public offering as a possible option but has no timeframe in mind, its founder and CEO said. Careem, which competes with Uber and operates from Pakistan to Egypt, plans to enter second-tier cities in Saudi Arabia, Egypt and Pakistan...

  • SAN FRANCISCO, March 28- CarGurus, a popular website where consumers go to browse cars, has tapped investment banks for an initial public offering later this year, according to people familiar with the matter. The Cambridge, Massachusetts- based company is aiming to go public in the fourth quarter of the year at a valuation of more than $1 billion, the people said on...

  • New post-IPO tech firms can have a rough start to public life but can still become big businesses, a top fund manager said.

  • Twitter's founders were on hand to launch the company's IPO at the NYSE on Nov. 7, 2013.

    About 62 percent of analysts surveyed by FactSet still have a hold or sell rating on the stock.

  • LONDON, March 28- Initial public offerings by companies based in Britain have raised $1.53 billion so far in 2017, a 28 percent decline on last year and the lowest year-to-date total since 2012 as Britain prepares to leave the EU, Thomson Reuters data shows. With London set to begin the process of leaving the European Union on Wednesday, and elections in France and...

  • Tech companies that change the world begin corporate lives like drunks at the wheel

    CNBC's Arjun Kharpal and Ben Rogoff, fund manager at Polar Capital, discuss the outlook for Snap following its recent IPO.

  • *Tax on company cut to 50 percent from 85 percent. JEDDAH, Saudi Arabia/ RIYADH, March 28- Saudi Arabia's government has cut the income tax paid by national oil giant Saudi Aramco to smooth the company's initial public offer of shares next year, which is expected to be the world's largest equity sale. A royal decree on Monday, retroactive to Jan. 1, set a tax rate of 50...

  • Visioneering Tech debuts on the ASX

    Stephen Snowdy of Visioneering Technologies says the A$33.3 million raised by the contact lens developer's IPO will be used to broaden U.S. distribution.

  • Analysts unrelated to the IPO had in recent weeks mostly assigned neutral or negative ratings to Snap, making it one of the worst-rated stocks on Wall Street. That left Snap up 37 percent from its $17 initial public offer price, but still down more than $3 from its peak in its second day of trading. The Los Angeles- based company's app, which allows users to share...

  • LONDON, March 27- Emirates Global Aluminium mandated Bank of America Merrill Lynch, Goldman Sachs and JP Morgan to advise on its initial public offering, sources familiar with the situation said on Monday. One source said the company had earnings before interest, tax, depreciation and amortization of at least $1.5 billion and that its closest publicly traded...

  • Analysts unrelated to the IPO had in recent weeks mostly assigned neutral or negative ratings to the stock, making it one of the worst-rated on Wall Street. That left Snap up 40 percent from its $17 initial public offer price, but still down more than $3 from its peak in its second day of trading. The Los Angeles- based company's app, which allows users to share...

  • *Tax on company cut to 50 percent from 85 percent. JEDDAH, Saudi Arabia/ RIYADH, March 27- Saudi Arabia's government has cut the income tax paid by national oil giant Saudi Aramco to smooth the company's initial public offer of shares next year, which is expected to be the world's largest equity sale. A royal decree on Monday, retroactive to Jan. 1, set a tax rate of 50...