Business Events IPOs

  • *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.

  • Twilio's hot IPO debut

    CNBC's Bob Pisani takes a look at Twilio, the first "unicorn" to go public this year.

  • Final Trade: Twilio & Macy's

    Coding platform company Twilio made its debut, and Kourtney Ratliff Gibson, Loop Capital President, bought into the stock immediately. The FMHR traders also weigh into news Macy's CEO Terry Lundgren is stepping down.

  • Twilio surges on first day of trading

    Twilio CEO Jeff Lawson discusses the company's opening trade, and future growth strategies for the company.

  • Twilio's strong debut, which valued the company at as much as $2.10 billion, coincided with a rally in global stock markets on indications that most Britons would vote on Thursday to remain in the European Union. The 10- million share offering was priced at $15 each, above the expected range of $12- $14. Up to Tuesday, the U.S. technology IPO market had raised just $322...

  • Vote to leave supporters hold placards in London, England.

    A Brexit from the EU could play out like a divorce in which London-based law firms stand to gain from commissions made on smoothing out the details.

  • All sectors green at market open

    CNBC's Bob Pisani reports on the IPO pricing of coding platform company Twilio at the market open.

  • HONG KONG, June 23- Vodafone Group is likely to file a draft prospectus for the planned IPO of its Indian business in August with the listing expected in the fourth quarter, in a deal seen raising as much as $2.5 billion, people with direct knowledge of the matter told Reuters. The British telecoms group, India's largest mobile operator after Bharti Airtel, has begun...

  • June 22- Communications software provider Twilio Inc on Wednesday defied stock market volatility prompted by Britain's referendum on European Union membership by raising $150 million, a higher amount than it had originally targeted. San Francisco- based Twilio priced $10 million shares on Wednesday at $15, above its previously indicated $12- $14 range,...

  • June 22- Okta Inc, a U.S. cloud identity management company valued at $1.2 billion in its latest private fundraising round, has hired Goldman Sachs Group to lead an initial public offering or outright sale, people familiar with the matter said. However, the San Francisco- based company has also held talks with technology peers about being acquired, and could pursue...

  • Twilio priced its IPO at $15 per share, above the range of $12 to $14 that the cloud software developer proposed in an updated IPO prospectus last week.

  • 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...