Veritas looking into Guidehouse sale or IPO at $7B valuation

Veritas Capital is considering a sale or IPO for portfolio company Guidehouse, which could value the business at $7 billion, according to a Bloomberg report. Veritas is working with advisers to consider options and the potential sale would likely draw interest from other private equity firms and consultants, the sources in the report said. Veritas […]

Volkswagen targets $75B for Porsche IPO valuation

 Volkswagen AG is looking to raise as much as 9.4 billion euros ($9.41 billion) from the initial public offering of its iconic sports-car maker Porsche AG in what could be Europe’s largest listing in more than a decade. The German carmaker said late Sunday it is seeking a valuation of 70 billion to 75 billion […]

AIG unit Corebridge raises $1.68B in year’s largest IPO

After divesting a 10% stake to private equity firm Blackstone for $2.2b last year, AIG filed for the Corebridge offering raising $1.68b in the biggest initial public offering so far this year AIG Inc’s life insurance and retirement division Corebridge Financial Inc raised $1.68b on Wednesday in the biggest initial public offering (IPO) so far this […]

Investcorp, Mubadala back TruKKer fundraise ahead of planned IPO

Middle Eastern logistics startup TruKKer raised $100 million from investors including Bahrain-based asset manager Investcorp and Abu Dhabi wealth fund Mubadala Investment Co., in what’s likely to be its last funding round ahead of a planned listing. The latest round was led by Investcorp — the first deal from a $500 million pre-IPO fund, according […]

Blackstone eyes IPO filing for $2.5 Billion India Mall portfolio

Blackstone Inc. is planning to file as soon as next month for an initial public offering of its Indian shopping mall portfolio that could raise about $500 million, people familiar with the matter said. The private equity firm has been interviewing advisers for the Mumbai listing of a real estate investment trust, according to the […]

Blackstone-backed PAG Weighs delaying $2 Billion Hong Kong IPO

PAG, an Asia-focused private equity firm backed by industry giant Blackstone Inc., is considering a delay of its planned initial public offering in Hong Kong amid market volatility, according to people familiar with the matter. PAG applied for an IPO in Hong Kong in March and was poised to be one of the financial hub’s […]

General Atlantic is said to be exploring an Initial Public Offering

General Atlantic, an investment firm with $79 billion in assets under management, is exploring an initial public offering, people with knowledge of the matter said. The firm, led by chairman and Chief Executive Officer Bill Ford as well as co-Presidents Anton Levy, Martin Escobari and Gabriel Caillaux, has offices across the globe including in Shanghai, […]

Borouge’s $2 Billion Abu Dhabi IPO Draws in Asia’s Richest Man

The United Arab Emirates’ biggest oil company and Borealis AG are seeking to raise $2 billion from an initial public offering of their chemicals joint venture in Abu Dhabi, set to be the biggest ever listing in the emirate. Borouge’s IPO offer price has been set at 2.45 dirhams per share, Abu Dhabi National Oil […]

EQT pushes back Galderma IPO plans amid market turmoil

EQT is delaying listing plans for its $22 billion skincare firm Galderma as market volatility and recession fears in Europe cool investor appetite for what is set to be Switzerland’s biggest flotation in almost two decades, two sources told Reuters. Galderma, previously part of Swiss giant Nestlé, was sold to an investment consortium led by EQT  and […]

CVC pushes back IPO plans amid market turmoil

Europe’s biggest private equity group now expects to list this autumn or even in 2023 Europe’s biggest private equity group CVC Capital Partners has pushed back plans for a stock market listing in the first half of this year, with market turbulence standing in the way of a multibillion-euro flotation that it had hoped to […]