NEW YORK: At least eight businesses are set to price initial public offerings (IPOs) in New York in the next three days, seeking to raise a total of nearly US$5bil in what could be the biggest week for new listings in more than five years.
The companies are seeking to capitalise on what has been the strongest IPO market in two decades. Some US$83bil was raised across 203 IPOs in 2020, excluding listings of special purpose acquisition vehicles (SPACs), on US stock exchanges, according to Refinitiv data.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!