Canara Robeco Asset Management Company’s Rs 1,326 crore initial public offering (IPO) opens today for the public and concludes on October 13. The firm has set a price band of Rs 253 to Rs 266 per share for the IPO. The lot size is 56 shares.The IPO is a completely an offer for sale (OFS) of 4.98 crore equity shares with no fresh issue component. Under the OFS, promoters -- Canara Bank and ORIX Corporation Europe N.V. (previously known as Robeco Groep N.V.) -- will offload 2.59 crore shares and 2.39 crore s ...

Key TakeawaysU.S. and Middle East officials are expressing cautious optimism that a deal to end the Gaza conflict could be reached this week, with U.S. envoys actively engaged in ongoing talks in Egypt.The U.S. government shutdown has entered its second week after the Senate repeatedly rejected both Republican and Democratic funding bills, leaving no clear path to resolution.Alphabet (GOOGL, GOOG) is committing an additional €5 billion over two years to expand its AI infrastructure in Belgium, including dat ...

MapLight Therapeutics aims to raise around $251m via an initial public offering (IPO), a figure that would propel the biotech to the upper echelons of the sector’s public listing value so far in 2025. Illuminating its plans, neurological disease specialist MapLight said it would offer 14,750,000 shares of its common stock at $17.00 per share, which works out to an IPO of around $251m. The biotech will trade on the Nasdaq Global Market under the symbol "MPLT." In terms of timings, MapLight has used a regu ...

BillionToOne filed for an initial public offering in the United States on Tuesday. ...

Key Takeaways Citigroup will proceed with an IPO of Banamex even after a fresh offer from Grupo Mexico.Grupo Mexico's new bid values Banamex slightly above the earlier deal with investor Chico Pardo.The IPO supports Citigroup's strategy to streamline operations and focus on institutional banking.Citigroup Inc. (C)  has reaffirmed its commitment to move ahead with an initial public offering (IPO) of its Mexican retail unit, Grupo Financiero Banamex, even after receiving a new acquisition proposal from Grupo ...

NEW YORK (AP) — The U.S. government shutdown is waving a caution flag at private companies racing to make the move to the public market. The market for initial public offerings has been on a years-long recovery after spiking inflation slammed the brakes on activity in 2022. The IPO market is already on track for its best year since 2021 with 163 deals and $31 billion in proceeds raised so far, according to Renaissance Capital. Companies rely on the U.S. government, through the Securities and Exchange Com ...

UK-based specialist lender Shawbrook Group is assessing the prospects of an initial public offering (IPO) on the London Stock Exchange. The lender, backed by investment companies BC Partners and Pollen Street, intends to apply for its ordinary shares to be listed on the Financial Conduct Authority's Official List and to commence trading on the Main Market. From the end of 2013 to mid-2025, Shawbrook's loan book expanded from £1.4bn ($1.8bn) to £17bn. Its statutory profit after tax for the first half of ...

This story was originally published on BioPharma Dive. To receive daily news and insights, subscribe to our free daily BioPharma Dive newsletter. MapLight Therapeutics on Monday advanced plans to go public with the help of a little-used regulatory workaround that would allow it to price a new stock offering during a federal government shutdown. The biotechnology company, which is developing drugs for neurological diseases, said in a statement that it plans to sell 14,750,000 shares at $17 apiece in a com ...

LG Electronics Inc.’s $1.3 billion initial share sale in its Indian unit was fully subscribed on the first day, in a rare feat for a mega issue in India. Most Read from Bloomberg The South Korean parent is offering shares of LG Electronics India Ltd. at 1,080 rupees to 1,140 rupees each. That would value the company at as high as 774 billion rupees ($8.7 billion), making it the largest home-appliance maker listed in India. The shares are expected to begin trading on Oct. 14. The firm’s offering of 71 ...

Funding Trends - Colorado startups raised $181 million in September across 27 deals, an increase from $139.5 million in August but a decrease from $257.4 million in July [3] - Nine Denver-based startups secured $91 million, while five Boulder-based companies raised $26 million, and thirteen businesses from other areas in Colorado raised $64 million [3] Notable Company Developments - LightTable AI, a Denver startup, raised $6 million to enhance the peer review process for developers, reducing the time from weeks to 30 minutes [7] - Strive Health, a kidney-care firm based in Denver, reported a total funding of $700 million since its founding in 2018, with a recent $300 million round and $250 million in debt financing [7] - Virta Health, a metabolic digital health company in Denver, is considering an IPO next year, with a reported valuation of $2.1 billion [8] Accelerator Initiatives - Shay Har-Noy has been appointed to lead the revival of the Techstars Boulder accelerator, aiming to raise funds to support and coach around 40 startups over the next four years [6]