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WeWork Hits the Brakes in New York, London After IPO Debacle

2020-01-09 16:57:00| National Real Estate Investor

New leases signed by WeWork in New York and London in the fourth quarter of 2019 took a nosedive.

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Orange hires banks to explore IPO of Middle East and Africa business report

2020-01-08 12:56:00| Telecompaper Headlines

(Telecompaper) Orange has selected BNP and Morgan Stanley to assess a potential initial public offering (IPO) of its Middle East and Africa operations, reports Bloomberg citing unnamed people familiar with the matter. Information on the plan first emerged during November, when the company confirmed that an IPO was among the possible scenarios under consideration for its MEA business.

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Airtel Malawi sets IPO price, offers 15% plus greenshoe of 5%

2019-12-27 11:46:00| Telecompaper Headlines

(Telecompaper) Airtel Africa has set the price for the Initial Public Offering (IPO) of its Malawian subsidiary on the Malawi Stock Exchange at MWK 12.69 per ordinary share, Premium Times reported. The offer is expected to comprise 1.65 billion shares, representing 15 percent of the issued share capital. Another 550 million shares, or 5 percent, will be made available subject to the exercise of over-allotment options.

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Goldman, JPMorgan Tapped for 2020 Broadstone Net Lease IPO

2019-12-11 16:48:00| National Real Estate Investor

The privately-held REIT is considering an IPO in 2020.

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Saudi Aramco IPO Proceeds Reportedly Rise To $29.4 Billion

2019-12-09 15:50:00| OGI

The proceeds from Saudi Aramco's record IPO have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel.

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