Initial Public Offering (IPO)

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LG Electronics Seeks $8.7 Billion Valuation for India Unit IPO
Yahoo Finance· 2025-10-01 01:32
An illuminated sign above the LG Electronics booth at a trade fair in Berlin. Most Read from Bloomberg LG Electronics Inc.’s India arm is set to launch its initial public offering on Oct. 7, and is seeking a valuation of as much as 774 billion rupees ($8.7 billion). The South Korean white goods manufacturer is offering as many as 101.8 million shares, or a 15% stake, for 1,080 rupees to 1,140 rupees each, according to a newspaper advertisement. Bloomberg News earlier reported the details. The offering ...
This Year's Top IPO Is a Cayman Islands Holding Company. It's a Mystery and a Risky Bet.
Barrons· 2025-09-30 17:09
Core Insights - Hang Feng Technology Innovation is led by a Chinese business tycoon, raising questions about the motivations behind the company's public listing [1] Company Overview - The company is associated with a prominent figure in the Chinese business landscape, indicating potential influence and resources [1] Market Implications - The unclear rationale for the public offering may suggest strategic shifts or undisclosed objectives that could impact investor sentiment and market positioning [1]
Romanian ready-meals maker Cris-Tim prepares IPO
Yahoo Finance· 2025-09-30 13:40
Romanian food business Cris-Tim plans to launch an initial public offering (IPO) on the Bucharest Stock Exchange. The company, which produces cold cut meats and ready meals, said in a statement yesterday (29 September) that the offer will comprise a sale of shares by the majority shareholder alongside newly issued stock. Full terms will be disclosed in a prospectus once approved by the Romanian Financial Supervisory Authority, the group added. Cris-Tim is 99.97% owned by Rangeglow, a Cyprus-based holdin ...
University of Phoenix owner eyes $1.2 billion valuation in US IPO
Yahoo Finance· 2025-09-30 10:15
Company Overview - The University of Phoenix is targeting a valuation of up to $1.2 billion in its U.S. initial public offering (IPO) after more than eight years [1] - The university provides post-secondary education services primarily to working adults in the U.S. and offers 72 degree-granting and 33 non-degree certificate programs [2][3] IPO Details - Existing stockholders of Phoenix Education Partners aim to raise up to $140.3 million by offering 4.25 million shares priced between $31 and $33 each [1] - Apollo Global is selling 3.55 million shares, while Vistria Group is offloading 0.7 million shares as part of the IPO [2] Historical Context - The predecessor of Phoenix Education, Apollo Education Group, was taken private in 2017 in a $1.1 billion deal by a consortium including Vistria and Apollo [4] - The university has exited non-core programs and divested some operations under the stewardship of Apollo and Vistria [4] Recent Developments - In 2023, a non-profit affiliated with the University of Idaho agreed to acquire the operations of the University of Phoenix for $550 million, but the deal was ultimately abandoned [5] - Apollo will maintain control of a majority of Phoenix Education's voting power after the IPO [5] Underwriters and Listing - Morgan Stanley, Goldman Sachs, BMO Capital Markets, and Jefferies are the lead underwriters for the offering [5] - Phoenix Education will be listed on the New York Stock Exchange under the symbol "PXED" [5]
Phoenix Education Partners Announces Launch of Initial Public Offering
Businesswire· 2025-09-30 10:12
PHOENIX--(BUSINESS WIRE)--Phoenix Education Partners, Inc. ("Phoenix Education†or the "Company†), the parent company of The University of Phoenix, Inc., announced today the launch of its proposed initial public offering ("IPO†) of 4,250,000 shares of its common stock, all of which will be sold by certain of its existing stockholders (the "selling shareholders†). In connection with the offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an addition. ...
Canara HSBC Life aims to raise $300 million in IPO
BusinessLine· 2025-09-30 09:54
Canara HSBC Life Insurance Co. has kicked off investor roadshows ahead of its initial public offering planned for the first half of October, according to people familiar with the matter. The insurer, owned by Canara Bank, Punjab National Bank, and the local insurance unit of HSBC Group, is seeking to raise as much as $300 million, the people said, asking not to be identified as the information is private. Deliberations are still ongoing, and details including the IPO size and timing could change, the people ...
Hong Kong's huge year of IPOs continues, with annual crown all but assured
Yahoo Finance· 2025-09-30 09:30
Funds raised from new share sales in Hong Kong jumped 220 per cent in the first nine months of 2025, strengthening the local stock exchange's grip on the top spot in the global rankings, while analysts predicted that the initial public offering (IPO) market would continue to pop well into next year. A total of 66 companies raised US$23.27 billion on the main board of the Hong Kong stock exchange during the first nine months, according to data released on Tuesday by the London Stock Exchange Group (LSEG). ...
Jennifer Garner's baby food company Once Upon a Farm files for IPO on NYSE
CNBC· 2025-09-29 22:46
General view of the products during Once Upon A Farm Refrigerated Oat Bar Launch Event at 1 Hotel Brooklyn Bridge on Oct. 7, 2023 in Brooklyn, New York.Jennifer Garner's baby food company Once Upon a Farm announced on Monday it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC). It intends to list its common stock under the ticker "OFRM" on the New York Stock Exchange pending approval.The company increased its six-month revenue as of Jun. 30 by 66% according to its IPO ...
Fintech platform Wealthfront files for US IPO
Reuters· 2025-09-29 20:51
Automated digital wealth management firm Wealthfront on Monday filed for an initial public offering in the United States. ...
Why JD.com Stock Popped on Monday
Yahoo Finance· 2025-09-29 16:19
Key Points Shares rose Monday morning as reports surfaced that JD's industrial services arm is preparing a Hong Kong IPO. The broader market was higher, with the S&P 500 and Nasdaq both up, adding a tailwind for growth names. Even after the bounce, JD trades at a low P/E and a 0.3 price-to-sales multiple. 10 stocks we like better than JD.com › Shares of JD.com (NASDAQ: JD) climbed as much as 3% as of 11 a.m. ET on Monday. The move came as investors reacted to fresh headlines about an initial publ ...