Edition:
United States

Joshua Franklin

PetSmart's Chewy gets Wall Street tails wagging with $1 billion IPO

Jun 14 2019

NEW YORK Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing the online pet products retailer at $8.77 billion.

PetSmart's Chewy prices IPO at $22 per share, above target -source

Jun 13 2019

NEW YORK, June 13 Chewy Inc on Thursday priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, according to a person familiar with the matter, valuing the online pet products retailer at $8.77 billion.

Uber chief executive laments U.S. trade policy for lackluster IPO

Jun 11 2019

WASHINGTON/NEW YORK Uber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company's initial public offering last month was hurt by U.S. trade tensions even as he downplayed recent volatility in the stock price.

Private equity firm Digital Colony raises $4.05 billion for infrastructure fund

Jun 05 2019

Digital Colony, a private equity firm backed by U.S. real estate investor Thomas Barrack and Digital Bridge Holdings, said on Wednesday it had raised $4.05 billion to invest in digital infrastructure, seeking to capitalize on new technologies such as 5G wireless networks.

Digital Colony raises $4.05 bln for digital infrastructure fund -sources

Jun 05 2019

June 5 Digital Colony, a private equity firm backed by U.S. real estate investor Thomas Barrack, has raised $4.05 billion to invest in digital infrastructure, seeking to capitalize on new technologies such as 5G wireless networks and the Internet of Things (IoT), according to people familiar with the matter.

J.D. Power's China-backed owner puts company up for sale: sources

May 24 2019

XIO Group, the China-backed private equity firm which owns J.D. Power, is exploring a sale of the U.S. customer survey and car ratings company that could value it at close to $1.9 billion, including debt, people familiar with the matter said on Friday.

Starbucks' China challenger Luckin raises $561 million in U.S. IPO

May 17 2019

NEW YORK/HONG KONG Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Thursday priced its U.S. initial public offering at the top end of its targeted range and sold more shares than planned in the biggest U.S. float by a Chinese firm this year. | Video

Slack listing planned for June 20 in wake of underwhelming Uber IPO

May 13 2019

NEW YORK Slack Technologies, the owner of the workplace instant messaging app, plans to go public on June 20, the company said on Monday, a test of investor appetite for loss-making technology stocks in the wake of Uber Technologies Inc's underwhelming market debut.

World News