Pet food maker Wellness Pet Co. is planning to go public sometime this year, according to a Bloomberg report Tuesday (March 8). The company is backed by Clearlake Capital Group, a private equity firm. The company has three production facilities in the U.S. and the...
Intel Corp.’s self-driving car division, Mobileye, has filed for an initial public offering (IPO), Bloomberg reported Monday (March 7), a few months after the chipmaker said it was planning to go public in the middle of 2022. Intel, which has said it will still be Mobileye’s...
For Intel’s Mobileye unit, we’ll have to wait a bit to get a peek at company-specific financials. As reported Monday (March 7), the chip giant has filed with the Securities and Exchange Commission to take the self-driving vehicle operations public. The filing is confidential, Intel...
Poor market conditions in South Korea have led companies to suspend initial public offerings (IPOs), according to Pulse, a Korean news service. Last month, Daemyung Holdings Co. Ltd., the Seoul-based renewable energy provider, withdrew plans to go public on Kosdaq, the country’s tech trading platform....
eCommerce specialist ESW is weighing an initial public offering (IPO) that could value the firm in the neighborhood of $4 billion. As Bloomberg News reported Friday (March 4), the company is working with Lazard Ltd. on plans for a listing in Amsterdam in the latter...
Businesses with planned initial public offerings (IPOs) are hitting the pause button to rethink their strategy in light of Russia’s attack on Ukraine, the Wall Street Journal (WSJ) reported on Friday (March 4). American firms pulled $1.17 billion in equity capital markets transactions during the...
Indian social platform Meesho is targeting early 2023 for its initial public offering (IPO), according to a Reuters report Friday (March 4) that cites a source familiar with the discussions. The Bengaluru-based company, whose investors include Meta Platforms and SoftBank’s Vision Fund 2, is working...
Continuing a trend seen in the past few weeks since we launched the FinTech IPO tracker, the group of 45 companies we’ve surveyed have, on the whole, underperformed the broader market. At its latest reading, to start off the month of March, the tracker stands...
Chinese healthcare platform WeDoctor will lay off a large number of its workers after plans for an initial public offering (IPO) were put on hold. Sources told Bloomberg News Thursday (March 3) that the company had already cut about 1,000 jobs over the last year...
