SoftBank’s Claure-backed blank check firm looks to raise $200 million through IPO
LDH Growth Corp I, a blank-check company backed by SoftBank Group Corp Chief Operating Officer Marcelo Claure, said on Friday it was looking to raise up to $200 million in its initial public offering. The company, controlled by an affiliate of SoftBank, said it planned to sell 20 million units of shares and warrants at […]
Fertitta-backed blank check firm to take Hillman public in $2.64 billion deal
Private equity-backed Hillman Group Inc plans to go public through a merger with billionaire Tilman Fertitta’s blank-check firm in a deal that values the hardware supplier at $2.64 billion, the companies said on Monday. The deal is expected to be partly funded by $500 million cash raised by the blank-check company, Landcadia Holdings III Inc, […]
Payments firm Flywire plans IPO at $3 billion valuation: sources
(Reuters) – Flywire Corp has hired investment banks to prepare for a U.S. initial public offering (IPO) later this year that could value the payments processor at around $3 billion, people familiar with the matter said on Friday. Flywire is working with Goldman Sachs Group Inc and JPMorgan Chase & Co on the listing, which […]
KKR-Owned Vitamin-Maker Bountiful Prepares for 2021 IPO
Company seeking to be valued at more than $6 billion. Bountiful changed name from Nature’s Bounty this month. The Bountiful Co., a nutritional supplements maker owned by private equity firm KKR & Co., is preparing to go public as soon as this year, according to people with knowledge of the matter. The company has held […]
Dr Martens boss set for ‘£58m windfall’ in stock market listing
Bosses at iconic British bootmaker Dr Martens are set for a bumper pay day as its London stock market listing edges closer. This month, the company confirmed it would IPO, floating after more than 60 years in business. Final offer pricing will be announced following the book-building process, although it has been reported that bankers […]
Polish locker company InPost valued at 7 billion-8 billion euros in IPO
WARSAW (Reuters) – Polish parcel locker firm InPost has set its price range in an initial public offering (IPO) in Amsterdam at 14-16 euros per share, which implies a valuation at 7 billion-8 billion euros, confirming an earlier Reuters report. The business is widely used in Poland by sellers on online commerce platform Allegro, which […]
Luxury fashion platform Mytheresa valued at $2.2 billion in U.S. IPO
(Reuters) – Munich-based luxury fashion platform Mytheresa has raised $406.8 million in its U.S. initial public offering (IPO), valuing the e-commerce site at a higher than expected $2.2 billion. The company is a digital platform that sells products from luxury fashion brands. Its listing this week comes at a time when restrictions to stop the […]
Chinese vaping group RLX set to raise $1.4bn in US IPO
Investors rush to cash in on potentially the world’s biggest e-cigarette market China’s biggest e-cigarette maker is expected to raise $1.4bn in a US initial public offering as investors seek exposure to what is potentially the world’s largest vaping market. The New York Stock Exchange IPO of RLX Technology, which was founded in 2018, will […]
Sweden’s Trustly plans $11 billion IPO as digital payments boom
Swedish payments firm Trustly plans to take advantage of a surge in digital transactions in the COVID-19 pandemic with a second-quarter flotation that could value it at up to 9 billion euros ($11 billion), people close to the matter said. The initial public offering (IPO), likely in Stockholm, is one of a number of technology […]
Blackstone-backed Patria prices IPO above expected range, at $17 per share
Brazilian asset manager Patria Investments Ltd, which is backed by Blackstone Group Inc, priced its class A shares at $17 each in an initial public offering, $1 above the upper limit of its price range, according to a securities filing late on Thursday. Patria sold 16.65 million shares, while Blackstone offered 10 million shares, all […]
