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Walmart 'seriously considering' IPO for UK unit Asda: report

Walmart Inc. confirmed Tuesday it is considering an initial public offering for its Asda subsidiary in the UK, according to a report. Bloomberg News reported that the retailer told employees in Leeds that executives are "seriously considering" an IPO, but that preparations could "take years." Walmart had struck a deal to merge Asda with J. Sainsbury PLC (JSNSF), but the merger was struck down by the UK's Competition and Markets Authority earlier this year.
[ Fidelity at 2019-05-14 16:03:57 ]


Uber drivers go on strike in London and New York ahead of IPO, early protests sparse

Uber drivers in London and New York started a series of multi-city strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut. Protests were sparsely attended in London and New York, and rides appeared easily available in some cities where strikes were called.
[ Fidelity at 2019-05-08 11:46:03 ]


Eyeing IPO riches, Uber drivers go on strike in U.K. and U.S.

Uber drivers in London and New York started a day of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut.
[ Fidelity at 2019-05-08 05:20:39 ]


Eyeing IPO riches, Uber drivers go on strike in UK ahead of U.S. action

* Unions say UK drivers in four cities go on strike. * Strikes expected in major U.S. cities. * Uber due to IPO on Friday. By Kate Holton and Joshua Franklin. Uber drivers in Britain started a day of transatlantic strikes on Wednesday to protest at the disparity between gig-economy conditions and the sums investors are likely to make in Friday's blockbuster stock market debut.
[ Fidelity at 2019-05-08 02:31:04 ]


Uber drivers eye IPO riches, call for strike in U.S. and UK

Some Uber Technologies Inc drivers in the United States and Britain said they will strike on Wednesday, protesting what they call low pay a day before the ride-services company launches its initial public offering, valuing it at as much as $90 billion. Drivers and regulators around the world have criticized Uber's business tactics almost from the moment of its launch.
[ Fidelity at 2019-05-07 21:05:32 ]


Lyft, Uber Drivers Plan to Strike on May 8 Ahead of Uber's IPO - LYFT Down 3%

The New York Taxi Workers Alliance has called for a strike on the morning of May 8, one day before the planned flotation of app-based taxi company Uber, to show solidarity with fellow drivers from Los Angeles to London.
[ Fidelity at 2019-05-06 12:54:08 ]


Norway's wealth fund made record returns in Q1, looking at Uber IPO

* Fund is built on revenues from domestic oil industry. * Fund looking at Uber IPO -CEO. * Welcomes wave of recent listings by tech unicorns. * Graphic: http://tmsnrt.rs/2tskfub. By Gwladys Fouche. Norway's $1.1 trillion sovereign wealth fund, the world's largest, made record returns on investment in the first quarter amid a surge in tech stocks.
[ Fidelity at 2019-05-03 05:22:01 ]


Uber quizzed on growth at IPO roadshow in London

* Uber aiming for valuation of $80.5 billion to $91.5 billion. * Held first investor presentation in London. * Questions focused on growth, costs and culture. By Clara Denina and Simon Jessop.
[ Fidelity at 2019-04-29 07:34:33 ]


Italy's Nexi Prices IPO at Lower End of Target Range With Market Capitalization Pegged at $6.44 Billion

Italian payments firm Nexi said early Friday that its initial public offering has pegged the market capitalization of the group at 5.70 billion euros, raising money at a time when rival newcomers are increasingly harnessing alternative payment method technologies.
[ Fidelity at 2019-04-12 04:14:04 ]


Spain's ACS weighs renewables unit IPO

Spanish building firm ACS has hired banks to help it decide whether to list its renewable energy unit, to take advantage of competitive prices in the sector, it said on Friday. Global demand for renewable power is expected to soar over coming decades as governments and companies move to tackle climate change by curbing greenhouse gas emissions, helped by falling technology costs.
[ Fidelity at 2019-04-12 02:10:05 ]


Factbox: Four measures to watch for in Uber's IPO filing

- Uber Technologies Inc's initial public offering filing on Thursday will draw inevitable comparisons to its smaller ride-hailing rival Lyft Inc, which completed its initial public listing last month. Following Lyft's poor stock market performance of late, investors will be scrutinizing Uber's financial results and projections closely.
[ Fidelity at 2019-04-10 23:23:06 ]


Factbox: Four measures to watch for in Uber's IPO filing

- Uber Technologies Inc's initial public offering filing on Thursday will draw inevitable comparisons to its smaller ride-hailing rival Lyft Inc, which completed its initial public listing last month. Following Lyft's poor stock market performance of late, investors will be scrutinizing Uber's financial results and projections closely.
[ Fidelity at 2019-04-10 23:22:33 ]


VSBLTY JOINS MULLER GROUP INTERNATIONAL’SPORTFOLIO OF TECHNOLOGY COMPANIES PROVIDINGFACIAL RECOGNITION AND WEAPON DETECTION SOFTWARE


[ GlobeNewswire at 2019-04-10 20:00:00 ]


Uber looks to raise about $10 billion in IPO, seeks valuation of up to $100 billion--reports

Uber Technologies is looking to offer around $10 billion worth of stock in its initial public offering, with most of the shares being sold directly by the company, according to multiple media reports. The ride-hailing company is seeking a valuation of up to $100 billion after the IPO, the reports say, which would make it the biggest IPO this year. In comparison, rival Lyft Inc. (LYFT), which went public on March 29, raised $2.2 billion in its IPO.
[ Fidelity at 2019-04-10 03:48:08 ]


Dubai's Network International Debuts in London Market With Biggest IPO in Europe in 2019

Network International, a Dubai, United Arab Emirates-based payment solutions group, made its debut on the London Stock Exchange early on Wednesday, in what has been billed as the biggest initial public offering so far this year in Europe.
[ Fidelity at 2019-04-10 02:36:43 ]


Adevinta shares surge after Norway's most valuable IPO in 13 years

Adevinta's shares jumped 10 percent on Wednesday as the online advertising group made its market debut in Oslo, a day after completing Norway's most valuable initial public offering in 13 years. The fast-growing classified ads company was spun off from media firm Schibsted late on Tuesday, selling so-called class B shares at 78 Norwegian crowns each.
[ Fidelity at 2019-04-10 00:19:40 ]


Adevinta shares jump after Norway's most valuable IPO in 13 years

Adevinta's shares jumped on Wednesday as the online advertising group made its market debut in Oslo, a day after completing Norway's most valuable initial public offering in 13 years. The fast-growing classified ads company was spun off from media firm Schibsted late on Tuesday, selling so-called class B shares at 78 Norwegian crowns each.
[ Fidelity at 2019-04-10 00:06:01 ]


Adevinta completes more than $6 bln IPO, Norway's largest in 13 years

Norway's Adevinta completed a long-planned initial public offering on Tuesday, valuing the fast-growing online classified ads group at more than 53 billion Norwegian crowns ahead of its market debut on Wednesday. It was the Nordic nation's largest IPO since 2006 and the fourth biggest overall, exceeded only by the past listings of Equinor (EQNR), Telenor (TELNF) and REC Silicon.
[ Fidelity at 2019-04-09 12:59:38 ]


Italy's Newlat eyeing Kraft Heinz's Plasmon after IPO

Italian food group Newlat, which is planning a Milan listing this year to raise funds for acquisitions, is looking at Kraft Heinz's Plasmon division. "Newlat is already a supplier of Plasmon and knows the company well," said Davide Milano, a partner in consultancy firm Oaklins Italy, who works for the company as an adviser.
[ Fidelity at 2019-04-09 11:55:18 ]


Middle East Stocks Mixed, Dubai Extends Winning Streak to Nine Session

Mideast shares were mixed, with Dubai edging out its ninth consecutive session gain. In company news, United Arab Emirates' Finablr said it expects to register to launch an initial public offering in London.
[ Fidelity at 2019-04-09 07:40:24 ]


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