initialpublicoffering
Hotel chain Oyo from India has filed for an initial public offering in the hopes of raising $1.16 billion –83 billion rupees– with new shares worth 7 billion rupees, as per a draft submitted to the country’s market authority. The travel start-up is backed by the likes of SoftBank Vision Fund, Lightspeed Venture Partners, and Sequoia Capital India. Q2 2021 hedge fund letters, conferences and more Hotel Chain Oyo Files For IPOAccording to CNBC, existing shareholders could sell shares worth up to 14.3 billion rupees. Further, “Oyo would also consider issuing shares worth up to 14 billion rupees (...
ValueWalk
Ant Group’s initial public offering (IPO) could get back on track if it falls in line with what Chinese regulators want. The company is reportedly planning a major overhaul in response to pressure from then. News reports indicate that Ant Group intends to become a financial holding company under the oversight of China’s central bank. Q4 2020 hedge fund letters, conferences and more Major overhaul plannedSources told Fox Business that Ant Group executives are still deliberating the company's restructuring plan, although it could be finalized before the Lunar New Year holiday next month. Turning...
ValueWalk
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