Latest news with #shareoffering
Bloomberg
6 days ago
- Business
- Bloomberg
SoftBank-Backed InMobi Is Said to Aim for $1 Billion India IPO
InMobi Pte, a mobile advertising platform backed by SoftBank Group Corp., aims to raise as much as $1 billion in an initial public offering in India, according to people familiar with the matter. The company plans to hire arrangers for an IPO in Mumbai and file an initial draft prospectus with regulators this year, the people said, asking not to be identified because the discussions are private. InMobi could seek a valuation of $5 billion to $6 billion in a share offering, they said, adding that considerations are ongoing and no final decisions have been made.
Zawya
21-07-2025
- Business
- Zawya
Egypt: Bonyan wraps up $36mln IPO on EGX
Arab Finance: Bonyan for Development and Trade has completed the implementation of its public and private share offering during today's trading session, Sunday, July 20th, 2025, as per a disclosure. The offering included around 362.903 million shares, representing 21.94% of the company's issued share capital, at a price of EGP 4.96 per share. The total value of the initial public offering (IPO), including both public and private offerings, reached EGP 1.8 billion. The offering was divided into two tranches. The first tranche, representing the public offering, comprised nearly 18.145 million shares, or 5% of the total offering representing 1.10% of Bonyan's total issued shares, at a value of EGP 89.999 million. The second tranche, marking the private offering, included about 344.758 million shares, or 95% of the total offering, which made up 20.84% of the company's total issued shares, valued at EGP 1,710 billion. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Argaam
27-05-2025
- Business
- Argaam
Subscription to 1.05M shares of Al-Khaldi Logistics starts on Nomu today
Qualified investors will start on Tuesday May 27th subscribing to 1.05 million shares of Al-Khaldi Logistics Company. which will list shares on the Nomu-Parallel Market. The offering will close on Sunday June 1st. For more details
Bloomberg
26-05-2025
- Business
- Bloomberg
GMO Group Scraps $2 Billion Share Sale Plan of Its Internet Unit
The Japanese conglomerate GMO Internet Group Inc. canceled a planned share offering of one of its listed arms, citing current market conditions as reason. The company had planned to sell 91.7 million shares of GMO Internet Inc. in what would have been a ¥284 billion ($2 billion) deal set to be priced as early as June 5. The parent will continue to consider options to meet the Tokyo bourse's listing criteria, it said in an exchange filing, without giving further details.
