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SoftBank-backed WeWork considers IPO valuation of as low as $10 bn

Markets

14 September, 2019

SoftBank-backed WeWork considers IPO valuation of as low as $10 bn

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and ......

Warburg Pincus-backed logistics real estate developer ESR refiles for Hong Kong IPO

Infrastructure

13 September, 2019

Warburg Pincus-backed logistics real estate developer ESR refiles for Hong Kong IPO

ESR Cayman Ltd, a logistics real estate developer backed by private equity firm Warburg Pincus, is readying a relaunch of ......

AB InBev revives Budweiser IPO plan two months after pulling out

Consumer

12 September, 2019

AB InBev revives Budweiser IPO plan two months after pulling out

Anheuser-Busch InBev said on Thursday it is continuing to explore an initial public offering in Hong Kong of its Asia ......

Saudi Aramco hires nine banks for world's biggest IPO

Infrastructure

11 September, 2019

Saudi Aramco hires nine banks for world's biggest IPO

Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to ......

SoftBank urges WeWork to shelve IPO over valuation concerns

TMT

10 September, 2019

SoftBank urges WeWork to shelve IPO over valuation concerns

SoftBank Group, a top shareholder in the holding company of U.S. office-sharing startup WeWork, is urging it to shelve a ......

Premium
Anand Rathi explores private funding round for wealth unit after shelving IPO

Finance

05 September, 2019

Anand Rathi explores private funding round for wealth unit after shelving IPO

Financial services group Anand Rathi is raising a private round of equity capital for its wealth business, which called off ......

Tech startups Alphalogic, Transpact Enterprises make muted stock market debuts

TMT

05 September, 2019

Tech startups Alphalogic, Transpact Enterprises make muted stock market debuts

Alphalogic Techsys Ltd—the first Indian technology venture to float its share sale on the BSE startup platform—and health-tech company Transpact ......

Premium
Power producer Bajaj Energy gets SEBI nod for IPO

Infrastructure

03 September, 2019

Power producer Bajaj Energy gets SEBI nod for IPO

Bajaj Energy Ltd, a thermal power generation company under Bajaj Group, has received regulatory approval to float its initial public ......

Grapevine: SoftBank, others may invest in Dream11; Flipkart to invest in Shadowfax

General

30 August, 2019

Grapevine: SoftBank, others may invest in Dream11; Flipkart to invest in Shadowfax

SoftBank Vision Fund, Naspers Ventures and Tiger Global Management are looking to invest up to $500 million (about Rs 3,586 ......

SBI's credit card business aims to raise $1.1 bn via IPO

Finance

29 August, 2019

SBI's credit card business aims to raise $1.1 bn via IPO

SBI Card & Payments Services Ltd, the credit card subsidiary of State Bank of India, plans to raise about 80 ......