Latest Initial public offerings News

India's state insurance company to list in biggest IPO

May. 04, 2022 03:04 AM EDT

NEW DELHI (AP) — A much-awaited initial public offering for India’s state-run Life Insurance Corp. began this week with retail investors allowed to subscribe for its shares starting Wednesday. The IPO, expected to raise up to $2.74 billion, is India's largest ever. Its partial...

Dubai's DEWA utility goes public after raising $6B in IPO

Apr. 12, 2022 07:51 AM EDT

DUBAI, United Arab Emirates (AP) — Dubai’s Water and Electricity Authority, known as DEWA, began trading for the first time on Tuesday, after raising just over $6 billion during its initial public offering, making it the second largest offering ever in the Middle East. While that...

BuzzFeed cutting jobs, top editors leaving news division

Mar. 22, 2022 17:41 PM EDT

BuzzFeed is shrinking and shifting the focus of its Pulitzer prize-winning news division as the digital media company, best known for its lighthearted lists and quizzes, strives to increase its profitability. The New York-based company is offering voluntary buyouts in its...

Dubai's state-owned water, power utility plans public offer

Mar. 15, 2022 06:53 AM EDT

DUBAI, United Arab Emirates (AP) — Dubai's state-owned utility announced Tuesday it will list a sliver of its worth on the emirate's stock exchange, hoping to ride a recent wave of initial public offerings in the Gulf Arab states while avoiding the stumbles of past IPOs. The Dubai...