UK-based transmission company Arqiva has failed to find a trade buyer for its assets and has now confirmed an Initial Public Offering which will see the business valued at £6 billion (€6.73bn) on the London Stock Exchange. The company is currently owned by Australia’s Macquarie bank and Canada’s Pension Plan Investment Board. The FT reports […]
Roku has raised $219 million (€186m) in an initial public offering priced at the higher end of its expected range, the company said. The offering of 15.7 million shares was priced at $14, valuing Roku at $1.32 billion. As well as providing set tops the company licenses its software to companies such as Sharp and […]
A report in the Sunday Times suggests that the enthusiasm for buyers to acquire UK mast and transmission company Arqiva is fading fast. The report says that Singapore’s GIC sovereign wealth fund has withdrawn from the £6 billion auction, which “leaves just one solid bidder in the frame — Canadian property empire Brookfield,” said the […]
Rovio Entertainment, a global games-first entertainment company and creator of the Angry Birds brand, has announced its intention to proceed with an initial public offering (IPO) and a listing of its shares on the official list of Nasdaq Helsinki. Rovio is a games-first entertainment company that creates, develops and publishes mobile games and acts as […]
Streaming device specialist Roku has filed for an Initial Public Offering, looking to raise up to $100 million (€84.3m). The company’s principal shareholders include Twenty-First Century Fox, Fidelity, and Menlo Ventures. The IPO will be underwritten by Morgan Stanley, Citigroup, Allen & Company, RBC Capital Markets, Needham & Company and William Blair. In the Prospectus, […]
Roku has hired investment banks to lead an IPO that could launch later this year as it aims for a valuation in excess of $1 billion, according to reports. The streaming software and device manufacturer has been able to capitalise on cord-cutting, an increasing trend in the US where TV viewers have opted not to […]
Altice has announced that Altice USA has priced its initial public offering (IPO) of 63,943,029 shares of its Class A common stock at a price to the public of $30 per share. Of the shares of Altice USA’s Class A common stock included in the offering, 12,068,966 shares will be sold by Altice USA, 31,475,965 […]
Altice USA, the American cable-TV unit of Altice and fourth largest cable provider in the US, is seeking to raise $1.4 billion (€1.25bn) in its initial public offering (IPO), with some of the proceeds earmarked for potential acquisitions. The company and select holders plan to offer 46.6 million shares at $27 to $31 each, according […]
SpaceX’s President, Gwynne Shotwell, has denied that the rocket launch company is preparing for an Initial Public Offering (IPO). Reuters is reporting that she has firmly denied rumours of an IPO. SpaceX is backed by billionaire Elon Musk, and he is on record as saying he has no need to raise extra cash for the […]
Elon Musk is already wealthy. Forbes, in its annual ‘rich list’, puts the co-founder of PayPal and the brains behind the Tesla electric car, the Solar City scheme, and ‘rocket-to-Mars’ SpaceX project as having a net worth of some $14.8 billion. This doesn’t wholly include SpaceX, which is currently privately held. However, the rumour mill […]