Business Events IPOs

  • *To form JVs with China's Sinotruk, Japan's Hino. Traton Chief Executive Andreas Renschler downplayed expectations that it could soon list the business, telling journalists at the IAA truck fair in Hanover that all options remained open and the company would decide in due time. Earlier on Tuesday, Traton said it would form a joint venture between its MAN brand...

  • A Haidilao Hot Pot restaurant is seen at a mall on May 22, 2018 in Beijing, China. Haidilao International Holding, Chinese mainland's hotpot restaurant chain, plans to hold its initial public offering (IPO) press conference on Wednesday in Hong Kong. 

    Chinese hotpot chain Haidilao raised nearly $1 billion in its Hong Kong initial public offering by pricing its shares at the top of an indicated range, three people close to the deal said on Tuesday.

  • BEIJING/ SHANGHAI, Sept 17- Meituan Dianping, which raised $4.2 billion in its Hong Kong IPO, is one of China's super-apps, with 340 million users ordering groceries, paying bills, renting bikes and booking hotels- but it is far from alone. The company is coming to market as China's tech sector faces something of a downturn, with investors questioning sky-high...

  • *Westwing hopes to raise 120 mln euros. BERLIN, Sept 13- European online furniture retailer Westwing plans to raise about 120 million euros in a Frankfurt listing, the latest start-up backed by German investor Rocket Internet to go public. The biggest remaining Rocket businesses yet to go public are Global Fashion Group, which sells clothes and shoes in emerging...

  • *IPO priced at HK $69/ shr vs HK $60- 72 indicative range- sources. HONG KONG, Sept 13- Chinese online food delivery-to-ticketing services firm Meituan Dianping raised $4.2 billion in the world's biggest internet-focused IPO in four years as it priced the float near the top end of a marketed range, people close to the deal said. Meituan, backed by Chinese social media...

  • *IPO priced at HK $69/ shr vs HK $60- 72 indicative range- sources. HONG KONG, Sept 13- Chinese online food delivery-to-ticketing services firm Meituan Dianping raised $4.2 billion in the world's biggest internet-focused IPO in four years as it priced the float near the top of an indicative range, people close to the deal said. Meituan, backed by Chinese social media...

  • Motorcycles for the take-out delivery service of Meituan.com, stop outside a Beijing residential district.

    Chinese online food delivery giant Meituan, backed by Chinese tech giant Tencent, has sold about 480 million primary shares — or 8 percent of its enlarged share capital. 

  • Around $200 billion in funds will be raised by IPO activity in the Asian metropolis this year, according to Ringo Choi, Asia Pacific IPO Leader at EY.

  • NEW YORK/ HONG KONG, Sept 11- Chinese electric vehicle start-up NIO Inc priced at the bottom of its targeted price range in its U.S. initial public offering on Tuesday, a person familiar with the matter said, dragged down by investor concerns about the prospects of chief competitor Tesla Inc.. Beijing wants to rapidly expand China's production to curb vehicle...

  • NEW YORK, Sept 11- Chinese electric vehicle start-up NIO Inc priced at $6.25 per share in its initial public offering on the New York stock exchange on Tuesday, at the bottom of its targeted price range, a person familiar with the matter said. The IPO valued NIO at around $6.4 billion. A representative for NIO did not immediately respond to a request for comment.

  • COPENHAGEN, Denmark— The CEO of Swedish automaker Volvo Cars, owned by China's Geely holding company, says "the timing right now is not optimal" for an initial public offering, citing "an escalating trade war, tariffs and market volatility." CEO Hakan Samuelsson added in a mail to The Associated Press on Tuesday that "an IPO remains an option but there is no fixed...

  • BEIJING/ PARIS Sept 10- Volvo Cars and its Chinese owner Geely have postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks. But while Volvo's plans for a Stockholm listing were delayed indefinitely, Britain's Aston Martin vowed to push ahead with its own initial public offering.

  • BEIJING/ PARIS Sept 10- Volvo Cars and its owner Geely said on Monday they had postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks. Volvo and its Chinese parent had been discussing an initial public offering to value the carmaker at between $16 billion and $30 billion, sources have previously said.

  • LONDON, Sept 10- Aston Martin has lined up experienced FTSE executives to boost its board as the 105- year-old luxury carmaker presses ahead with plans to list on the London Stock Exchange, it said on Monday. Penny Hughes, who has previously worked at FTSE companies Vodafone and supermarket WM Morrison, will become Aston's first non-executive chair of the board...

  • HONG KONG, Sept 6- China's Meituan Dianping, an online food delivery-to-ticketing services platform, confirmed it had filed for an up to $4.4 billion Hong Kong IPO and said it will focus on its domestic business instead of overseas expansion in the near future. That could make it the world's biggest internet-focused float since e-commerce giant Alibaba...

  • Sept 6- Eli Lilly& Co's Elanco Animal Health unit expects its initial public offering to raise up to $1.45 billion, betting on increased appetite among investors for animal health companies. The IPO https://www.sec.gov/Archives/edgar/data/1739104/000104746918005982/a2236595zs-1a. h t m of 62.9 million shares is expected to be priced between $20- $23...

  • LONDON— Online luxury e-commerce company Farfetch says it expects to reap $446.5 million in its upcoming initial U.S. stock sale. The London- based company, which runs a global platform matching upscale brands with affluent buyers, revealed pricing terms of its initial public offering on the New York Stock Exchange in a filing late Wednesday.

  • HONG KONG, Sept 6- China's Meituan Dianping, an online food delivery-to-ticketing services platform, confirmed it had filed for an up to $4.4 billion Hong Kong IPO and said it will focus on its domestic business instead of overseas expansion in the near future. This follows a Reuters report over the weekend, citing four sources, that Meituan had set an indicative...

  • EXCLUSIVE- CHINA'S YUNJI WEIDIAN HIRES INVESTMENT BANKS FOR U.S.

  • NEW YORK, Sept 5- Uber Technologies Inc is on track to go public next year and has no plans to sell its self-driving car research arm, Chief Executive Dara Khosrowshahi said on Wednesday. Uber is "quite optimistic" it can resume testing of self-driving cars later this year after a fatal crash involving an autonomous Uber car in Tempe, Arizona in March, Khosrowshahi...