IPO
Infrastructure
Saudi Aramco lures sovereign funds GIC, ADIA to hit $2 trillion IPO valuation
State-owned Saudi Aramco has approached Abu Dhabi Investment Authority (ADIA), Singapore's GIC and other sovereign wealth funds to invest in ......
Infrastructure
SoftBank may pump $1 bn more into troubled office-sharing startup WeWork
SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement ......
Consumer
Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels
Gurugram-based SAMHI Hotels Ltd, which operates the largest number of Marriott and Hyatt hotels in India, has filed draft papers ......
TMT
Online ticketing giant IRCTC seeks $721 mn valuation via IPO
State-run Indian Railway Catering and Tourism Corp. (IRCTC), which provides online ticketing service for the world’s fourth-biggest rail network, is ......
Consumer
Budweiser maker AB InBev's Asia unit raises $5 bn via IPO
Anheuser-Busch InBev (AB InBev) (ABI.BR) raised about $5 billion after pricing the Hong Kong IPO of its Asia-Pacific business at ......
People
SoftBank turns against WeWork CEO Adam Neumann
Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann ......
TMT
Airbnb plans stock market splash next year
Home rental giant Airbnb said it plans to list its shares in 2020, making it one of the most high-profile ......
General
Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO
Axis Bank is planning to raise more than Rs 14,000 crore (about $2 billion at current exchange rate) in a ......
Consumer
Budweiser beer maker AB InBev's Asia unit targets $6.6 bn in second IPO attempt
Anheuser-Busch InBev NV (ABI.BR) kicked off a second attempt to spin off its Asian business in Hong Kong with the ......
TMT
SoftBank-backed WeWork postpones IPO as investors turn cold
WeWork owner The We Company said on Monday it expected to complete its initial public offering (IPO) by the end ......
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