Sentences with phrase «planning an initial public offering as»

Not exact matches

The reasoning behind all of these actions — shoring up streaming rights, decreasing losses, etc. — point to Spotify potentially planning an initial public offering for sometime next year, as has been reported.

The Italian food emporium Eataly recorded a net loss in 2016, but that hasn't stopped the company from planning an initial public offering on the Milan stock exchange as early as next year.

The results also showed that Uber cut its fourth - quarter net loss by 25 per cent from the third quarter as new CEO Dara Khosrowshahi moves to make the company profitable ahead of a planned initial public stock offering sometime next year.

(Reuters)- U.S. supermarket chain Albertsons Companies Inc is moving ahead with plans for an initial public offering in late September or early October that could value it as much as $ 24 billion, including debt, according to people familiar with the matter.

With their initial public offering being planned in 2019, it makes immense sense to cut a deal with Ola as well, to stem the losses, and focus on their home market.

The Company's board of directors also approved an additional distribution to its members, to the extent the gross proceeds of the Company's planned initial public offering exceed the anticipated gross proceeds (including as a result of the exercise by the underwriters of their option to purchase additional shares of Class A common stock), in an amount equal to the product of (A) the increased gross proceeds and (B) 0.273, to be paid from the proceeds of the Company's planned initial public offering.

The deal will boost Aramco's downstream business ahead of a planned initial public offering next year and also bolsters Malaysia's state - controlled Petroliam Nasional Bhd - known as Petronas - after it cut spending because of the slump in oil prices.

ABU DHABI / DUBAI (Reuters)- Abu Dhabi National Oil Company (Adnoc) has picked a local bank and three foreign lenders as bookrunners for the planned initial public offering of its retail unit that could raise $ 1.5 billion to $ 2 billion, sources said on Thursday.

Kuwait Energy Plc is planning an initial public offering in London that could value the oil and gas exploration business at as much as $ 1 billion, according to people familiar Continue Reading

Riyadh — Mubasher: Talks of Saudi Aramco's planned initial public offering (IPO) are underway, as the offering is still likely to be launched in the second half of 2018, CEO Amin Nasser told Bloomberg television on Tuesday.

Finally, Vavilov discussed BitFury's planned initial public offering (IPO), which suggested he would like the company to complete as soon as possible.

Canada Pension Plan Investment Board has expressed an interest in investing up to US$ 450 million to buy a stake in Markit Ltd., as part of the U.K. - based financial information company's initial public share offering.

This has come alongside international expansion into markets such as Duesseldorf and Johannesburg, and impressive mandates including advising on British American Tobacco's $ 47bn merger with US rival Reynolds and Telefonica's initial public offering plans.

Both instructed experts to value the company, but they did so on the basis that, as Mr Sharland declared, there were no plans for an «initial public offering» (IPO) of the company.

Several firms have picked up work on the latest round of initial public offerings as the market for new listings continues to rebound, despite companies in the U.S. cutting prices and others postponing plans.

Allen & Overy (A&O), Freshfields Bruckhaus Deringer and Linklaters are among a line - up of law firms advising on Old Mutual's initial public offering of its wealth management arm, as the company continues a planned break - up of its business.

As revealed by the sources, the biggest mortgage lender of India, HDFC Standard Life, has shortlisted a law firm and some investment bankers to plan its life insurance JV's IPO (initial public offering).

MOSCOW (Reuters)-- IBS IT Services plans an initial public offering (IPO) on the Moscow Exchange, it said on Wednesday, as it aims to tap Russia's economic recovery and reviving domestic demand for...