Tencent Holdings Ltd. is looking into shedding more of its huge investment portfolio as the Chinese social-media and videogame company tries to fund a series of share buybacks and refocus Read more
Tag: Share Capital
Chinese EV maker Zhejiang Leapmotor plans to raise over $1 billion in Hong Kong IPO
Zhejiang Leapmotor Technology Co. is planning to raise over 8.11 billion Hong Kong dollars ($1.03 billion) in an initial public offering to join a list of other Chinese electric vehicle Read more
Instacart plans for most of IPO shares to come from employees
Instacart Inc. doesn’t plan to raise much capital in its initial public offering and instead plans to have most of the listing come from the sale of employees’ shares, said Read more
Volkswagen seeks up to $71.5 billion valuation in Porsche IPO
A previous version of this article misstated the date of the Porsche IPO. The article has been corrected. A Porsche 911 Carrera 4 GTS Cabriolet sports car is seen in Read more
China Vanke’s Onewo unit plans to raise over $780 million in Hong Kong IPO
Onewo Inc., a property-management arm of China Vanke Co. is planning to raise as much 6.15 billion Hong Kong dollars (US$783.5 million) through an initial public offering in Hong Kong. Read more
Volkswagen seeks up to $71.5 billion valuation in Porsche IPO
German auto maker Volkswagen AG is targeting a valuation of up to $71.5 billion (75 billion euros) for its initial public offering of Porsche, in what would be one of Read more
Market rout casts cloud over biggest IPO of the year as at least two deals are pulled during brutal selloff
At least two initial public offerings were withdrawn during Tuesday’s brutal stock market rout, casting a shadow over what’s expected to be the year’s biggest deal, the $1.8 billon offering Read more
UBS to raise 2022 dividend
UBS Group AG said Tuesday that it will raise the accrual for the 2022 ordinary dividend to $0.55 a share from $0.51. The adjustment marks an increase of 10% from Read more
Porsche Could Be Worth as Much as All of Volkswagen in an IPO
An IPO of the Volkswagen-controlled Porsche brand could come in September. Porsche Porsche’s initial public offering is getting close. It’s going to be big. Friday, Bloomberg reported that Porsche has Read more
Stock buybacks near $800 billion this year after hitting all-time record
Companies already announced another $800 billion deluge of planned stock buybacks this year, after last year’s record of almost $1.2 trillion, according to a tally from EPFR. That’s a bigger Read more