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Alibaba raises up to $12.9 bn via Hong Kong IPO

TMT

20 November, 2019

Alibaba raises up to $12.9 bn via Hong Kong IPO

Chinese e-commerce giant Alibaba Group will raise up to $12.9 billion (£9.9 billion) from its landmark Hong Kong listing and ......

Grapevine: InMobi in talks to buy Roposo; NIIF may invest in Saudi Aramco IPO

General

20 November, 2019

Grapevine: InMobi in talks to buy Roposo; NIIF may invest in Saudi Aramco IPO

Mobile marketing and advertising firm InMobi is in talks to acquire video-sharing platform Roposo, a media report said. Citing four sources ......

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Fairfax-controlled CSB Bank seeks over $500 mn in valuation via IPO

Finance

19 November, 2019

Fairfax-controlled CSB Bank seeks over $500 mn in valuation via IPO

CSB Bank Ltd, formerly Catholic Syrian Bank, is seeking a valuation of about Rs 3,600 crore ($502 million at current ......

Saudi Aramco in race for global IPO record with $1.7 trillion top value

Infrastructure

18 November, 2019

Saudi Aramco in race for global IPO record with $1.7 trillion top value

Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below ......

Alibaba gets strong demand for $13.4 bn Hong Kong IPO

Markets

15 November, 2019

Alibaba gets strong demand for $13.4 bn Hong Kong IPO

Alibaba’s order books for its $13.4 billion Hong Kong share sale have already been covered “multiple times,” sources with direct knowledge ......

IIFL, Avendus funds lead Ujjivan Small Finance Bank's pre-IPO funding round

Finance

15 November, 2019

IIFL, Avendus funds lead Ujjivan Small Finance Bank's pre-IPO funding round

Funds of IIFL and Avendus Capital, along with Akash Bhanshali of Enam, have led Ujjivan Small Finance Bank Ltd’s pre-IPO ......

Alibaba poised to launch record-breaking $13.4 bn Hong Kong IPO

TMT

13 November, 2019

Alibaba poised to launch record-breaking $13.4 bn Hong Kong IPO

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 ......

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

General

11 November, 2019

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in Max Financial Services ......

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Will Everstone beat benchmark returns as Burger King India heads for an IPO?

Consumer

04 November, 2019

Will Everstone beat benchmark returns as Burger King India heads for an IPO?

Everstone Capital, the largest private equity investor in the Indian restaurants segment, is poised to clock neat returns from a ......

Saudi Aramco kick-starts what could be world's biggest IPO

Infrastructure

04 November, 2019

Saudi Aramco kick-starts what could be world's biggest IPO

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float ......