(Bloomberg) -- Reddit Inc.’s initial public offering is between four and five times oversubscribed, Reuters reported, citing people familiar with the matter....
-- Reddit Inc.’s initial public offering is between four and five times oversubscribed, Reuters reported, citing people familiar with the matter.That signals that the company is poised to at least reach its targeted price range of $31 to $34 per share when the IPO prices in New York on Wednesday, Reuters said.SNB to Start Cutting Interest Rates in June, Survey Shows
-- The Swiss National Bank will start lowering interest rates sooner than previously predicted, according to a Bloomberg survey of economists.
-- Tata Sons Ltd. is seeking to raise at least $1.1 billion selling shares in the Indian conglomerate’s software services unit, according to terms of the deal obtained by Bloomberg News.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesPutin Warns Russia Won’t Stop After Predictable Election WinSaudi Wealth Fund Is in Talks to Acquire National AirlineChina’s Growth Bump May Dent Urgency for More StimulusThe deal involves an offer to sell 23.
'Noon against Putin', Molotov cocktails and dye in ballot boxes - how Russians protested the election Across three days of voting there have been scattered incidents of Russians defying authorities in acts of protest against Vladimir Putin. -- State-backed Japan Investment Corp. will launch a tender offer for chipmaking materials linchpin JSR Corp. on Tuesday, a move that Tokyo officials deem crucial for the country’s domestic supply chain.
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Reddit’s IPO as Much as Five Times Oversubscribed, Reuters SaysReddit Inc.’s initial public offering is between four and five times oversubscribed, Reuters reported, citing people familiar with the matter.
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Canada's IPO drought reaches a full year with no end in sightCanada’s biggest market for initial public offerings is marking a grim milestone of a full year without a new listing, and with investors focused on a narrow set of themes, senior bankers don’t expect relief before the second half of 2024.
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Reddit’s planned IPO to seek up to $748 million(Bloomberg) -- Reddit Inc. and its investors are seeking to raise as much as $748 million in what would be one of the biggest initial public offerings so far...
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Geely-Backed Phonemaker Taps Banks for IPO at $2 Billion ValueDreamSmart Group, the smartphone maker that last year pivoted toward developing artificial intelligence for mobile devices, has selected banks to prepare for its Hong Kong initial public offering that may value it at more than 15 billion yuan ($2.1 billion).
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Israeli tank strike killed 'clearly identifiable' Reuters reporter: UN reportAn Israeli tank killed Reuters reporter Issam Abdallah in Lebanon last year by firing two 120 mm rounds at a group of 'clearly identifiable journalists' in violation of international law, a UN investigation into the Oct. 13 incident has found.
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Sexy Tea Is Said to Pick CICC, Morgan Stanley for Hong Kong IPOHunan Chayue Cultural Industry Development Group Ltd., also known as Sexy Tea, has selected banks for a Hong Kong initial public offering, which could take place as soon as this year, according to people familiar with the matter.
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