Sentences with phrase «planning an initial public offering next»
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.
https://www.reuters.com/ 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.
A US - founded tech company specialising in counter-drone systems has launched its prospectus for a $ 5 million initial public offering, with plans to list on the ASX by next month.
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.
Since becoming Uber's CEO in September, Dara Khosrowshahi has been manoeuvring to make the company profitable before a planned initial public offering expected next year.