IPO News
Several companies, including Viking Holdings, Puig, ZF Friedrichshafen, Coca-Cola, Super Hi International, Impossible Foods, Jordanes, SMASCO, Spinneys, and Brainbees Solutions, are planning or have recently conducted IPOs across various sectors and regions, with some targeting multi-billion dollar valuations.
Viking Holdings seeks $1.1B in NY; European IPOs recover in Q1; CVC targets $16B valuation; Autodoc attracts Apollo investment; Beijing boosts Chinese firms in HK; Pony.ai approved for US listing; Saudi PIF considers mobile towers JV IPO; Miahona plans 30% float on Saudi bourse.
In recent IPO news, companies from various sectors and regions are planning listings, including Premier Energy (Romania), Mobvoi (China), Masan Consumer (Vietnam), StubHub (US), Loar Holdings (US), Spinneys 1961 Holding (UAE), Kioxia Holdings (Japan), Rubrik (US), Ximalaya (China), and Public Property Invest (Norway), signaling a resurgence in the global IPO market.
IPO activity is picking up globally, with companies from various sectors planning listings. Notable firms include CVC Capital Partners, Rubrik, Gauzy, Zopa Bank, Jera Co., Luz Saude, Vishal Mega Mart, and Puig. Investors caution that smaller companies may struggle in the current selective market. Salesforce is in talks to acquire Informatica, while KKR considers exit options for BMC Software.
The global IPO market is showing signs of recovery, with several high-profile companies planning listings across various sectors. While the U.S. market remains more receptive to unprofitable tech firms, Europe is still cautious. Companies like Aalto HAPS, Riyad Capital, Vestel Mobilite, and Zeekr are considering IPOs to raise capital and expand their operations, signaling a potential resurgence in IPO activity.
Alibaba cancels Cainiao's IPO amid strategy shift, while Horizon Robotics and Hexaware Technologies consider listings. Middle East and Abu Dhabi witness potential high-profile IPOs, reflecting a growing appetite for public offerings.
Reddit's IPO is oversubscribed 4-5 times, targeting a $6.5 billion valuation. Galderma's IPO is expected to top its range at $2.6 billion. German perfume store operator Douglas has set its IPO price at €26. Other notable IPOs include Encyclopaedia Britannica, biotech startup Contineum, and Oman's Asyad Group.
Global IPO market shows signs of recovery, with notable tech, healthcare, and consumer companies planning listings. Regulatory changes in China aim to boost investor confidence, while biotech IPOs demonstrate resilience. Overall, cautious optimism prevails as companies navigate geopolitical tensions and market conditions to pursue growth opportunities through public offerings.
Douglas, Vishal Mega Mart, Reddit, Horizon Robotics, Trial Holdings, Telegram, and eToro are planning or considering IPOs. Douglas aims to raise €907 million, while Vishal Mega Mart and Reddit target $1 billion and $748 million, respectively. Horizon Robotics seeks $500 million, and Trial Holdings raised $265 million in Japan’s largest IPO YTD..
Recent IPO news: Astera Labs seeks $534M; Abu Dhabi's ADQ selects banks for Etihad Airways; Hong Kong sees uptick in applications; Golden Goose targets €3B valuation; Harry's Inc files confidentially; Boundless Bio aims for Nasdaq; India tightens regulations; Canada faces drought; Elaris AG plans Munich listing; Pocketalk prepares for Tokyo; Panera reduces standards.
The Global IPO market sees activity from various sectors, including fintech, healthcare, private equity, and transportation. Companies seek to raise capital and boost market presence, while facing challenges such as market conditions, governance concerns, and investor sentiment. Galderma, Klarna, CVC Capital and Reddit in Focus.
ADQ considers Etihad Airways IPO; Douglas seeks €1.1B in Frankfurt; VW's PowerCo eyes post-factory IPO; Karnell Group revives Sweden's IPO market; Cramer cautions on Reddit IPO; 1Komma5° eyes 2025 IPO; PrimaryBid cuts workforce; Egnyte plans New York IPO.
Companies worldwide are advancing towards IPOs or raising valuations despite economic challenges. From Klarna's U.S. IPO ambitions and Stripe's valuation increase to regional shifts for Shein and market expansions in Dubai, Vietnam, and China, businesses are navigating strategic growth and market opportunities.
Reddit's IPO documents highlight r/WallStreetBets' impact, while firms like Multiply Group and Douglas prepare for IPOs. Oldenburgische Landesbank reports record profits, Kbank reaches customer milestones, and Swiggy rebrands for IPO. Increased regulatory scrutiny impacts Chinese firms' IPO plans, and leadership changes at Virgin Australia raise IPO uncertainties.
Companies globally are gearing up for IPOs, signaling a robust and optimistic market outlook. Notable plans include Naver's webtoon business in the US, Viking Cruises, Neo4j on Nasdaq, and Inspire Brands. Europe and Saudi Arabia show market revival, with sectors from technology to transportation and food services looking to raise significant capital.
In 2024, the U.S. IPO market is projected to rebound, as indicated by Goldman Sachs, with significant listings expected. Shawbrook's IPO could reinvigorate the London stock market. SEBI intensifies IPO document scrutiny in India. South Korea and Saudi Arabia are preparing for major IPOs, while Alibaba delays IPOs due to market conditions. Permira explores options for Best Secret, signaling robust IPO and sale activities globally.
Lulu Hypermarket, Reddit, Galderma, OQ SAOC, Renk, Metagenomi Technologies, Hyundai Motor, Applied Nutrition, Korean companies, and OceanaGold Philippines are planning IPOs, aiming to raise significant funds and expand their market presence. Novartis is nearing a deal to acquire IPOX® holding MorphoSys for $1.7 billion, enhancing its oncology portfolio.
Various companies globally are pursuing IPOs, reflecting diverse industry confidence despite market uncertainties. Douglas aims for a €1 billion IPO, Public Property Invest explores an Oslo listing, Athens International Airport's IPO draws high demand, DEAG delays its Re-IPO, Aadhar Housing Finance plans a $600 million Mumbai IPO, Raspberry Pi targets a London IPO, MAC plans a $198 million IPO for the CSA copper mine, and Thai Credit Bank's IPO raises $282 million, showcasing vibrant capital market activities across sectors.
In 2024, major IPOs are announced: Fortegra Group offers 18 million shares, Reddit eyes a $5 billion valuation, and NYSE President is optimistic about the IPO landscape. Holcim plans to list its North American business, Tokyo Metro prepares for a public listing, Cerebras Systems considers a 2024 IPO, Zelis weighs sale or IPO over $15 billion, and Renault cancels Ampere's IPO due to market conditions.
Anta Sports is investing heavily in Amer Sports' IPO, while Hedgeye is skeptical of Amer's valuation, Klarna Bank AB plans a U.S. IPO, Kallyope Inc. targets an IPO for obesity drugs, GTMS eyes a Hong Kong IPO, Swiggy prepares for a $1 billion IPO, CG Oncology and ArriVent BioPharma increase their IPO share offerings.
Air Astana plans a London IPO in February, aiming to raise $120 million. South Korea's Kbank resumes IPO plans, expecting a valuation around $3.73 billion. Mexican grocery chain BBB Foods files for a U.S. IPO. CG Oncology increases its IPO size to $201 million for Nasdaq listing.
Reddit, Shein, Deutsche Entertainment AG, Pertamina International Shipping, Kyverna Therapeutics, Alto Neuroscience, NeOnc Technologies, Kaspi.kz, and Xiaocaiyuan International Holding are all planning IPOs in 2024. Reddit aims for a March IPO, while Shein's US IPO faces a cybersecurity probe in China. Deutsche Entertainment AG seeks a Frankfurt relisting, Pertamina aims for fleet expansion, Kyverna focuses on biotech, Alto targets CNS disorder treatments, NeOnc upsizes its IPO for brain cancer therapies, Kaspi.kz shareholders plan a US IPO, and Xiaocaiyuan files for a Hong Kong IPO.
In 2024, global IPO activity is expected to surge, with Nasdaq and London markets showing signs of revival, while Saudi Arabia, the Asia Pacific region, and Greece announce significant IPOs. Tech and startup sectors are particularly buoyant, with notable listings in the Middle East, India leading Asia's IPO charge, and Greece planning a major airport IPO.
Several companies across various sectors are making strategic moves towards Initial Public Offerings (IPOs) globally. Shein faces U.S. IPO delays due to Chinese regulations, while Air Astana targets an IPO for expansion. LianLian DigiTech re-applies for a Hong Kong IPO, Airwallex prepares for an IPO within two years, Lion Air considers a Jakarta IPO to raise funds, and Hellman & Friedman explores selling or listing Enverus.
In 2024, the IPO market is showing signs of recovery, with German retailer Douglas planning a Frankfurt listing valued at €7 billion, and Australia expecting a market rebound. The biotech sector is optimistic, with Metagenomi and CG Oncology announcing IPOs, signaling renewed investor interest and a potential market rally.
In 2024, the global IPO landscape is flourishing with major filings across various sectors. Amer Sports aims for a $10 billion US IPO, while Germany anticipates a surge in listings. Telix Pharmaceuticals eyes a Nasdaq IPO, Sodexo prepares to spin off Pluxee, and BrightSpring Health seeks a $1 billion IPO. Dubai establishes Parkin for its IPO, Smith Douglas Homes plans a real estate IPO, South Korea's market is vibrant with nine upcoming IPOs, and the biotech sector sees a surge in M&A and IPOs, forecasting a bright 2024.
Saudi Arabian airline Flynas plans a 2024 IPO with Goldman Sachs and Morgan Stanley's assistance, as part of Saudi Arabia's economic diversification efforts. This follows the successful IPO of SAL Saudi Logistics Services. Additionally, the Lebara telecommunications group is considering an IPO amid customer growth. Europe's ESMA is working to boost the region's IPO appeal. ServiceTitan is preparing for a 2024 IPO, and Schott Pharma's stock rose post-SDAX inclusion. Fractyl Health files for a $100 million IPO for diabetes and obesity treatments.
Private equity firm General Atlantic, Walgreens Boots Alliance, and Apex Fintech Solutions plan IPOs, while Carlyle Group explores options for Acrotec, and Pleo appoints a new CFO signaling an upcoming IPO. In the MENA region, MBC Group and PureHealth's IPOs attracted massive demand, highlighting strong investor interest despite a challenging global IPO market.
Shein considers a UK listing after confidential US filing, with its valuation adjusted to $66 billion. ZKH Group aims to raise $66 million in a US IPO. Marex Group shifts its IPO focus from London to New York. Mumbai's stock market sets IPO records. Hong Kong brokers seek regulatory reform for small-cap market. IPOX® holding Doordash joins the Nasdaq 100 Index.
The global IPO market is showing signs of recovery, with UBS Group AG forecasting a rebound. Mumbai leads the 2023 IPO count, surpassing major Chinese financial centers. Ola Electric, ByteDance, Southwest Gas, Capital A Berhad, and Nio in focus. Positive news for IPOX® Europe members Pharvaris and Schott Pharma.