Reuters: IPOX® CEO Josef Schuster on Ingram Micro’s $5.4 Billion IPO
In a recent Reuters article, IPOX® CEO Dr. Josef Schuster highlighted the strategic timing behind Ingram Micro's return to the U.S. stock market, as the global technology distributor seeks a valuation of up to $5.42 billion. Schuster emphasized that private equity firms, like Ingram's backer Platinum Equity, are capitalizing on favorable market conditions, strong demand, and the opportunity to monetize their investments.
The IPOX® Update 10/12/24
Honeywell plans to spin off its advanced materials division, generating $3.7-$3.9 billion in revenue, into a new public company by 2026. Cerebras Systems is likely to delay its IPO due to a CFIUS review over foreign investment. Tokyo Metro's $2.35 billion IPO is multiple times oversubscribed internationally and will begin trading on October 23, 2024. TenneT explores a spin-off or stake sale of its $21.95 billion German unit.
Reuters: IPOX® Analyst Lukas Muehlbauer on Upstream Bio’s IPO Debut
In a recent Reuters article, IPOX® Research Analyst Dr. Lukas Muehlbauer discussed the strong debut of Upstream Bio (UPB.O) in the IPO market. The Waltham, Massachusetts-based drug developer saw its stock rise 26.5% above the IPO price, giving it a market value of $1.05 billion.
The IPOX® Update 10/4/24
Several high-profile IPOs are set to debut across global markets. AI chipmaker Cerebras Systems plans a major Nasdaq listing, while Brazilian fintech PicPay and digital lender K Bank target significant offerings in 2025. In Europe, payments firm Ebury and sports supplements company Applied Nutrition prepare for London IPOs. Chinese AI firm Horizon Robotics seeks to raise $500 million in Hong Kong, and food delivery giant Talabat is eyeing a blockbuster Dubai listing with a potential valuation up to $15.1 billion.
The IPOX® Update 9/21/24
Major upcoming IPOs include Titan America's expected $500 million raise in early 2025, potentially valuing it over $2 billion, and Spring Nature's anticipated IPO, possibly valuing the company at $10 billion by late 2024. In Asia, Midea Group raised $3.98 billion in Hong Kong's largest IPO in four years, while Enflame Technology aims to raise $280 million, targeting Shanghai's STAR board in late 2024.
The IPOX® Update 9/14/24
Major upcoming IPOs include Titan America's expected $500 million raise in early 2025, potentially valuing it over $2 billion, and Spring Nature's anticipated IPO, possibly valuing the company at $10 billion by late 2024. In Asia, Midea Group raised $3.98 billion in Hong Kong's largest IPO in four years, while Enflame Technology aims to raise $280 million, targeting Shanghai's STAR board in late 2024.
Reuters: IPOX® Analyst Lukas Muehlbauer on Bicara Therapeutics’ IPO Debut
In a recent Reuters article, IPOX® research analyst Lukas Muehlbauer highlighted strong institutional and retail demand for Bicara Therapeutics' IPO, which raised $315 million after upsizing twice. Bicara’s shares surged 46% in its debut, driven by confidence in its lead anti-cancer drug and notable backing from TPG and Biocon.
The IPOX® Update 9/7/24
Several major IPOs are expected, including Titan America’s $500 million U.S. listing, Samsonite’s dual U.S.-Hong Kong offering, and Midea Group’s $3 billion Hong Kong IPO, the largest in the region since 2021. Carlyle’s Acrotec Group could raise $4.7 billion in Zurich. Other notable deals include Delivery Hero’s Talabat listing in Dubai and Advanta Enterprises planning a $500 million IPO in India by 2025.
Bloomberg: IPOX® CEO Josef Schuster on the resurging SPAC Market
In Bloomberg, IPOX® CEO Josef Schuster discussed the resurgence of SPACs, noting $2 billion raised in August. He emphasized SPACs as a viable alternative to traditional IPOs for niche sectors, with renewed interest from sponsors. IPOX® tracks these trends as companies explore new public listing avenues.