Business Events IPOs

  • Oct 15- Activist investor Carl Icahn reported an increased 8.3 percent stake in Dell tracking stock on Monday, as he looks to block a proposed plan by the computer maker to return to the public market without an IPO. Elliott Management Corp and Canyon Capital Advisors LLC have also resisted Dell's effort to buy back the "tracking stock" from them, arguing that...

  • MADRID, Oct 15- Spain's Cepsa postponed what would have been the largest oil company listing in a decade on Monday, the latest IPO to succumb to a global sell-off in equity markets. Markets have been roiled by anxiety about a potential trade war between the United States and China, uncertainty over Britain's exit from the European Union, a global economic slowdown...

  • Eric Siliang Tan, (2nd-R) Chairman and CEO of Qutoutiao Inc., celebrates his company's IPO as it begins trading at the Nasdaq MarketSite in New York City, U.S., September 14, 2018. 

    A delay in Tencent Music Entertainment's New York initial public offering could signal a pause in Chinese companies' rush for U.S. listings.

  • Anaplan CEO on the stock's surging IPO debut

    Anaplan IPO CEO Frank Calderoni joins 'Squawk Alley' to discuss the cloud-based data planning platform and the company's IPO.

  • TOKYO, Oct 12- SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with direct knowledge of the matter said on Friday. Bloomberg News reported Friday that the Japanese investment and technology firm aims to...

  • TOKYO, Oct 12- SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with direct knowledge of the matter said on Friday. The other institutions are Mizuho Financial Group Inc, Deutsche Bank AG and the SMBC Nikko...

  • Traders sit at their desk at the Frankfurt Stock Exchange.

    Knorr-Bremse held its debut at the Frankfurt stock exchange on Friday.

  • HONG KONG, Oct 12- Tencent Music Entertainment has delayed its planned U.S. initial public offering until at least November as the owner of China's most popular music apps prefers to wait for global stock markets to stabilise, three sources said. The music arm of tech giant Tencent Holdings is expected to raise at least $2 billion and was originally planning to...

  • Tecent Music delays IPO due to market conditions: Dow Jones

    CNBC's Seema Mody breaks down a new Dow Jones report that Tencent Music is delaying its IPO due to market conditions related to this week's sell-off.

  • The logos of QQ Music, Kugou and Kuwo are seen on the screen of an iPhone on June 12, 2018 in Paris, France. QQ Music, Kugou and Kuwo are the three streaming Chinese music services owned by Tencent. 

    The music arm of Chinese tech giant Tencent owns the four largest music apps in China and counts industry competitor Spotify as a backer.

  • MILAN, Oct 11- Italian supermarket chain Esselunga has hired London- based advisory firm Zaoui& Co to assess options including a possible stock market listing, a source familiar with the matter said on Thursday. The source was confirming a report in Italian daily Il Messaggero, which said Zaoui would soon contact banks such as Intesa Sanpaolo, UniCredit, Credit...

  • Oct 10- The initial public offering of lithium producer Livent Corp was priced at $17 per share on Wednesday, lead bookrunner Bank of America Merrill Lynch said, below a target range and giving the company a market value of $2.43 billion. The offering was to be priced between $18 and $20 per share, with the sale of 20 million shares raising $340 million.

  • LONDON/ FRANKFURT, Oct 8- Volkswagen is close to hiring Citigroup, Deutsche Bank, Goldman Sachs and JP Morgan to help with the potential stock market listing of its truck unit Traton, two people familiar with the matter told Reuters on Monday. Bloomberg earlier on Monday reported that the banks were likely to be mandated for the IPO. Volkswagen is targeting...

  • Oct 5- Saudi Arabia's crown prince insisted the stalled plan to sell shares in oil giant Aramco will go ahead, promising an initial public offering by 2021 and sticking to his ambitious view the state-run company is worth $2 trillion or more, Bloomberg reported on Friday. "I believe late 2020, early 2021," he said, discussing the timing of the IPO in an interview with...

  • From left, Elastic cofounders Uri Boness, Shay Banon, Steven Schuurman and Simon Willnauer ring a ceremonial bell during the company's initial public offering at the New York Stock Exchange on Friday, Oct. 5, 2018.

    Elastic, a company that commercializes the Elasticsearch open-source software for search, saw its stock rise as much as 106 percent in its market debut.

  • LONDON/ FRANKFURT, Oct 5- German chip factory builder Exyte has shelved its plans to float on the Frankfurt stock exchange later this month after receiving muted feedback from investors. "Exyte AG, together with its shareholder M+ W Group GmbH, have decided today to take additional time for its IPO as the company and its shareholder do not consider the current...

  • Helmy Eltoukhy, co-founder and chief executive officer of Guardant Health Inc., speaks during the Bloomberg Technology Conference in San Francisco

    Guardant Health CEO Helmy Eltoukhy told CNBC on Thursday the company's liquid biopsy, Guardant360, is a "big game changer" when it comes to the detection of cancer.

  • Oct 3- Dell Technologies Inc confirmed on Wednesday it had met with some investment banks to explore an initial public offering if its plan to buy the tracking stock of VMware Inc falls through. Dell, which owns 80 percent of VMware, said in July it would buy the tracking stock in a $21.7 billion cash-and-stock deal, to return to the public market.

  • Aston Martin DBS Superleggera

    Shares in luxury automaker Aston Martin fell as much as 6.5 percent in its market debut in London on Wednesday.

  • Aston Martin DB11 Volante

    The company, which last year made its first profit since 2010 and has gone bankrupt seven times in its history, was due to begin conditional trading on the London Stock Exchange on Wednesday.