Ready meal firm Parsley Box set for London float March 5, 2021 Ready meal provider Parsley Box has this morning announced its intention to float on London’s AIM list. The company, which targets its meals at the “baby boomer” generation, said it would give its customers the chance to invest in the firm as part of the IPO. Parsley Box said that it planned to be admitted [...]
Darktrace appoints former BT boss to board ahead of £4bn float March 1, 2021 Darktrace has appointed former BT chief executive Sir Peter Bonfield to its board ahead of a potential stock market float that could value the cybersecurity giant at £4bn. Bonfield has more than five decades of experience in the tech sector, including a six-year tenure as boss of the blue-chip telecoms giant. He currently serves as [...]
Hong Kong’s Rosewood eyes $400m SPAC listing amid flurry of deals in Asia March 1, 2021 Hong Kong-based luxury Rosewood Hotel group has filed for a special purpose acquisition company (SPAC) listing that could raise around $400m, two sources close to matter have disclosed. The luxury hotel group, with close familial ties to property developer New World Development (NWD) has recruited Credit Suisse and UBS to arrange the US SPAC listing, [...]
Reviews website Trustpilot set for London IPO March 1, 2021 Trustpilot is considering launching an initial public offering in London that would see at least a quarter of the company floated on the London Stock Exchange. The offer would comprise new shares raising proceeds of around $50m, the company announced on Monday. Trustpilot is targeting a premium listing on the London market and expects to [...]
Stocking up: Booze brand Virgin Wines confirms £110m London float February 25, 2021 Alcohol subscription service Virgin Wines today confirmed plans to list on the London Stock Exchange next week in a move that will value the company at £110m. The booze business, which has been a major lockdown winner, will debut on the Aim market on 2 March. Virgin Wines said it will place 6.6m new ordinary [...]
Vodafone confirms Frankfurt float for mobile masts business February 24, 2021 Vodafone has confirmed plans to float its mobile masts division on the Frankfurt Stock Exchange by the end of March. The mobile network launched Vantage Towers last year in a bid to cash in on its lucrative infrastructure amid tough competition in the telecoms market. The company operates 82,000 towers across 10 European markets and [...]
Plant-based milk company Oatly files for US IPO February 23, 2021 Plant-based milk company Oatly, which is backed by Oprah Winfrey, today said it had confidentially filed for an initial public offering (IPO). The IPO marks a profitable era for plant-based alternatives, which flies in the face of the EU’s ban on using marketing terms such as ‘oat milk’ or ‘vegan cheese’ last year. A source [...]
Is technology a new asset class? February 23, 2021 | City Talk With Covid-19 accelerating digitalisation, the question facing many companies is no longer whether technology is important, but just how important? What percentage of their time should a bank or retailer’s top executives spend thinking about technology? How much investment should a company make in tech? What weighting should institutional and retail investors give the sector? [...]
Alphabet-backed health insurance startup Oscar aims to raise more than $1bn in upcoming IPO February 22, 2021 Oscar Health Insurance is planning on raising more than $1 billion in its IPO.
Medical cannabis company Kanabo enjoys supherb first day as listed company February 16, 2021 Medical cannabis company Kanabo Group’s share price soared today on its first day listed on the London Stock Exchange (LSE). Kanabo manufactures vaporised marijuana pods and inhalers for medical use. By mid-morning, the company’s share price had jumped some 66.64 per cent on its first day as a listed company. Kanabo CEO Avihu Tamir said: [...]