Eyewear company Warby Parker on Tuesday filed paperwork with U.S. regulators for a direct listing on the New York Stock Exchange, revealing a 53% surge in revenue for the first half of 2021. The company, whose existing...
Brazil’s JBS to acquire shares in Pilgrim’s Pride with aim of delisting
The world’s largest meatpacker JBS SA said on Thursday that it has proposed acquiring the remaining common shares in its U.S.-based subsidiary Pilgrim’s Pride Corporation in order to delist the company. Brazil-based JBS...
Britain revises SPAC rules to attract listings to London market
Britain has eased rules for so-called special purpose acquisition companies (SPACs) to attract more listings to London, just as global regulators have put a watch on SPACs, which may already be peaking in popularity...
New SEBI Delisting Regulations Paves Way for A Fairer Method For All Stakeholders
The Securities Exchange Board of India (‘SEBI’) has issued the SEBI (Delisting of Equity Shares) Regulations, 2021 (New Delisting Regulations) on June 11, 2021, superseding the erstwhile SEBI (Delisting of Equity...
Pine Labs closes latest fundraise at $600 million, eyes US listing
Digital payments provider Pine Labs has raised another $315 million in fresh capital as a part of its ongoing fundraise, and closed its current round at $600 million, the company confirmed on Tuesday. With the fresh...
DHFL retail investor moves NCLAT against delisting of shares
A retail investor of Dewan Housing Finance Corporation (DHFL) has filed an appeal at National Company Law Appellate Tribunal (NCLAT) against delisting of the mortgage lender’s shares from exchanges. In his plea filed on...
Australia’s Link slides on rejecting KKR’s bid in favour of listing PEXA
PEXA’s top shareholder Link Administration Holdings Ltd said on Monday it would take the online real estate company public, after KKR & Co’s takeover bid for the unit fell through. Shareholder registry firm Link’s...
Ian Osborne’s Hedosophia plans Amsterdam SPAC listing
Hedosophia, an investment firm led by British investor Ian Osborne, said on Tuesday that it plans to list a special purpose acquisition company (SPAC) in Amsterdam with a view to buying a technology company. The company...
Lojas Americanas to transfer assets to B2W, plans U.S. listing next year
Lojas Americanas SA will transfer its assets to fellow Brazilian retailer B2W under a stock transaction agreement approved by both companies boards, according to filings on Wednesday. Although the markets expected a...
China’s Baidu to raise $3.1 billion from Hong Kong listing: sources
Chinese internet search giant Baidu Inc is set to raise $3.08 billion by pricing its shares at HK$252 ($32.45) each in its Hong Kong secondary listing, according to two sources with direct knowledge of the matter. New...
Grab Holdings weighs listing on US bourses through SPAC merger
Grab Holdings is exploring going public in the US through a merger with a blank-check company as the Southeast Asian ride-hailing and delivery giant seeks to expedite its listing process, according to people familiar...
Flipkart weighs US listing via SPAC merger but IPO much more likely
Flipkart is exploring a US listing via a special purpose acquisition company (SPAC), although a traditional IPO is much more likely, people familiar with the matter said. The talks for a deal with a blank-check firm are...