IPO

CIMC Vehicles, the world's largest maker of specialty truck bodies and trailers as measured by sales volumes, increasingly appears to be heading for an initial public offering (IPO) on the Hong Kong Stock Exchange. It has been a bit of a ‘will-they-or-won't-they' situation as the company has filed...

Now that the Fed meeting has come and gone with no rate cut, a lot of people are asking themselves, “What’s next?” Well, if you can forget about the Fed for a bit, there’s a bunch of stuff in the headlights, especially next week. That’s when we have the G-20 meeting...

Shipyard-affiliated leasing company CSSC (Hong Kong) Shipping debuted on the Hong Kong Stock Exchange (HKEX: 3877) yesterday morning at a price of HK$1.34 (US$0.17) raising HK$1,975 million (US$255 million). As at June 16, the company's market cap was HK$8.22 billion (US$1.05 billion), according to...

Shareholders of China-based e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) will vote July 15 at the company's annual meeting to accept or reject an eight-for-one stock split, CNBC reported. What Happened Alibaba is proposing an eight-for-one stock split that will increase shares...

Volkswagen AG announced that it is offering up to 15 percent of its heavy-truck subsidiary, Traton AG, in an initial public offering (IPO). The total offer ranges between 1.553 billion euros and 1.898 billion euros. The price range suggests a total valuation of 13.5 billion euros to 16.5 billion...

A major developer of, and financial investor in, Asia Pacific logistics parks has launched a potential US$1.24 billion initial public offer on the Hong Kong stock exchange. Hong Kong headquartered ESR expects dealings on the Hong Kong Exchange to being on Thursday, June 20, under the stock code...

Volkswagen AG (U.S. OTC: VLKAF) announced that the company plans to move forward with the initial public offering (IPO) of its heavy-truck division, TRATON SE. The company also announced that it plans to list the shares on both the Frankfurt Stock Exchange and Nasdaq Stockholm. Despite the...

About a month ago, GLP, the Singapore logistics real estate giant, was reportedly mulling an IPO for its U.S. operations. That will not happen. In fact, with the June 2 announcement that it would sell 179 million square feet of logistics real estate assets to Blackstone Real Estate, GLP has pared...

Slack hopes to disrupt email just like email disrupted the fax machine—making it technology from the olden days. The workplace collaboration application company, which is planning a stock placement on the New York Stock Exchange, says its app has replaced email for many organizations. Slack...

Golar LNG Ltd. (NYSE: GLNG) has confirmed plans to spin off its liquefied natural gas (LNG) carrier business into a separate public vehicle, signaling the entry of yet another player into an already very crowded field. Despite a total collapse in the industry's initial public offering (IPO)...

Two of the most-anticipated initial public offerings (IPOs) of the year have not gone exactly as planned, but what does that mean for other marketplace-style startups in the freight and mobility tech space? Ride-hailing companies Lyft Inc (NASDAQ: LYFT) and Uber Technologies Inc (NYSE:...

Shares of Navistar (NYSE: NAV) have moved higher for the second straight day on news that Volkswagen AG is planning to take the Traton SE truck group public. NAV has a strategic alliance with Traton (formerly Volkswagen Truck & Bus AG) to jointly collaborate on engine technology, provide...

FreightWaves is providing a forum – Market Voices – for a number of market experts. Disclaimer: The author is not an investor in Uber Technologies Inc (NYSE: UBER), or any of its competitors. Steve Case's Rise of the Rest® is an investor in FreightWaves. On May 9 – just...

The other shoe has dropped. As was feared, China has retaliated, raising the stakes in a trade war that has raised concerns about the future of global economic growth. The Asian nation announced increased tariffs on $60 billion of goods from the United States after the U.S. raised tariffs to 25%...

After a decade since the launch of Uber Technologies Inc. (formerly UberCab 2009-11), the public is finally getting to own a piece of the cab-hailing giant. Uber (NYSE: UBER) opened its trading today on the floor of the New York Stock Exchange, with an initial public offering (IPO) price of $45 per...