Ipo

Uber Said to Make Confidential Filing for Long-Awaited IPO

Reuters | Monday December 10, 2018

Uber has filed paperwork for an initial public offering, according to three people with knowledge of the matter.

Uber Confidentially Files For IPO In Tight Race With Rival Lyft: Sources

World News | Reuters | Saturday December 8, 2018

Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.

Lyft Races to Leave Uber Behind by Filing for Its IPO

Reuters | Friday December 7, 2018

Ride-hailing company Lyft Inc beat bigger rival Uber Technologies in filing for an initial public offering (IPO) on Thursday.

Airtel Africa Appoints Eight Global Banks For Initial Public Offering

Business | Thomson Reuters | Monday November 26, 2018

The company has appointed JP Morgan, Citigroup Inc, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International and Standard Bank Group Ltd.

SoftBank Steps Closer to Transformation With $21-Billion Mobile IPO

Reuters | Monday November 12, 2018

The IPO will mark the transformation of the parent from a mobile phone network provider into one of the world's biggest technology investors under CEO Masayoshi Son.

Dell Sued By Investor Carl Icahn Over IPO Plans

Business | Thomson Reuters | Thursday November 1, 2018

Carl Icahn called the proposed deal a "conflicted transaction that benefits the controlling stockholders, at the expense of the DVMT stockholders". Dell said in July it would pay $21.7 billion in cash and stock to buy back shares tied to its interest in software company VMware Inc, returning it to the stock market without an initial public offering...

Initial Public Offering Plans On Track, Says Airtel Africa

Business | Thomson Reuters | Monday October 29, 2018

The telecom operator said last week that it raised $1.25 billion from six global investors.

Xiaomi Records 100 Million Smartphone Shipments, Achieves Full-Year Target 2 Months Before Schedule

Ankit Chawla | Monday October 29, 2018

The full-year target of shipping 100 million smartphone units was announced by Xiaomi founder and CEO, Lei Jun, back in November last year.

Uber Reportedly Considering Spinning Off Self-Driving Car Unit, Bringing in Minority Investors

Reuters | Wednesday October 17, 2018

Uber could spin off its Advanced Technologies Group into a separate business unit with its own valuation and equity.

Lyft Said to Have Identified Underwriters Ahead of 2019 IPO

Reuters | Wednesday October 17, 2018

Lyft Said to Have Identified Underwriters Ahead of 2019 IPO

Dell Stands Behind Plan to Go Public Despite Icahn Clash

Scott Deveau, Bloomberg | Wednesday October 17, 2018

Dell is sticking with its $21.7 billion plan to go public by buying its tracking stock, DVMT, despite investor Carl Icahn's objections.

Uber Could Reportedly Be Valued as High as $120 Billion in a Possible IPO

Reuters | Tuesday October 16, 2018

The ride hailing company's most recent valuation was pegged at $76 billion.

Sebi Exempts Bandhan Bank From 1 Year Lock-In On Promoter Shares

Business | Indo-Asian News Service | Saturday October 13, 2018

The promoter holding in Bandhan Bank currently stands around 82 per cent after a successful Initial Public Offer (IPO), launched in March this year.

Aavas Financiers Shares Drop 13.5% On Market Debut After 1,734 Crore Rupees IPO

Business | Thomson Reuters | Monday October 8, 2018

The IPO was subscribed 0.9 times at close amid fears of non-banking financial companies facing a credit crunch.

Bandhan Bank Can't Open New Branches, Says RBI

Business | Press Trust of India | Friday September 28, 2018

Remuneration of Bandhan Bank MD & CEO, Chandrashekhar Ghosh, also stood frozen at the existing level till further notice.