The highly anticipated trading debut of private equity group CVC Capital Partners shows that Europe’s initial public offering market is back on track, Euronext CEO Stéphane Boujnah told CNBC on Friday. Shares of Amsterdam-listed CVC, one of Europe’s largest buyout companies, traded nearly 24% higher at around 12:30 p.m. London time. The stock had opened … Read more
Bipul Sinha, CEO, Chairman & Co-Founder of Rubrik Inc., the Microsoft backed cybersecurity software startup, rings the opening bell during his company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., April 25, 2024. Brendan Mcdermid | Reuters Data management software maker Rubrik jumped in its New York Stock Exchange debut on Thursday, … Read more
The initial public offer (IPO) of JNK India opened for subscription today and will close on April 25. The company plans to raise around Rs 650 crore through the issue. The IPO comprises fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth shares. … Read more
Iced cold bubble tea on a hot summer day. D3sign | Moment | Getty Images Shares of Chinese bubble tea chain Chabaidao tumbled almost 40% on its trading debut on the Hong Kong stock exchange. The stock, officially listed as Sichuan Baicha Baidao Industrial, fell as low as 10.84 Hong Kong dollars in the late morning … Read more
Donald Trump on Friday urged his followers to support his social media app Truth Social, as its parent company’s stock continues to sink lower. Trump in a post on that app said he believes Truth Social embodies the political “movement” behind his “Make America Great Again” presidential campaign slogan, adding that “it shows the Spirit … Read more
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Investment firms led by the former CEO of the SPAC that merged with Donald Trump’s media company allege … Read more
A render of Sierra Space’s Velocity satellite bus Credit: Sierra Space Amid preparations for its spaceplane’s maiden flight and an initial public offering as soon as next year, Sierra Space is expanding its satellite offerings. Ahead of the much-anticipated solar eclipse, the commercial space unicorn unveiled its aptly named Eclipse line of satellite buses … Read more
After a mega IPO of Bharti Hexacom to start the fiscal, the primary market will take a breather next week as no new mainboard IPOs are opening. However, the action continues in the SME segment as three companies gear up to launch their issues. Even though there are no new IPO launches next week, the … Read more
The shares of Radiowalla Network listed with a premium of 57.9% on the NSE SME platform on Friday. The stock debuted at Rs 120 apiece as against an issue price of Rs 76. Ahead of the listing, Radiowalla Network’s shares were trading with a premium of Rs 35 in the grey market. The public offer, … Read more
Mumbai, The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said on Thursday. The NSE’s listing plans have been on the backburner amid a Sebi probe against the exchange and some of its top officials. It was alleged … Read more
