IPOs

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.

Source: investopedia.com

CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
June 15, 2023  |  IPO

CAB Payments Holdings has confirmed its plans to go public on the London Stock Exchange. The payments services/foreign exchange company had first announced plans for...

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FX Company CAB Payments Plans to Go Public
FX Company CAB Payments Plans to Go Public
June 08, 2023  |  IPO

CAB Payments Holdings plans to go public via an initial public offering (IPO) in London. The U.K. FinTech, which specializes in payments services and foreign exchange...

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GCash Parent CEO Says Firm Is ‘Ripe’ to Go Public
GCash Parent CEO Says Firm Is ‘Ripe’ to Go Public
June 08, 2023  |  IPO

Philippines-based mobile wallet provider GCash is reportedly ready to go public. “We’re pretty much ripe for it,” Ernest Cu, president and CEO of GCash parent...

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Cava Prepares IPO Roadshow Amid Fast-Casual Recovery
Cava Prepares IPO Roadshow Amid Fast-Casual Recovery
June 04, 2023  |  IPO

Fast casual eatery Cava is reportedly set to begin promoting its initial public offering (IPO). Executives from the Mediterranean-themed restaurant chain plan to begin a roadshow to...

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Report: Fizzling SPAC Wave Leads to Rash of Lawsuits
Report: Fizzling SPAC Wave Leads to Rash of Lawsuits
June 01, 2023  |  SPAC

First came the SPACs. Now come the legal actions. Special purpose acquisition companies (SPACs) were a super-popular method of going public in recent years. But...

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Midsized Restaurant Chains Grapple With Reliance on Third-Party Aggregators
Midsized Restaurant Chains Grapple With Reliance on Third-Party Aggregators
May 26, 2023  |  Restaurant innovation

As major restaurants build out extensive digital platforms to compete with third-party restaurant aggregators, smaller chains are left in a bind. Take, for instance, fast-casual...

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Citigroup Plans IPO for Mexican Banking Unit Banamex
Citigroup Plans IPO for Mexican Banking Unit Banamex
May 24, 2023  |  Banking

Citigroup says it has decided to take its Mexican retail banking unit Banamex public. The lender announced Wednesday (May 24) it plans to pursue an...

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Fast-Casual Brands Prepare IPOs as Sector Bounces Back
Fast-Casual Brands Prepare IPOs as Sector Bounces Back
May 24, 2023  |  IPO

With fast-casual chains’ stocks outperforming the restaurant industry, more brands, including Panera and Cava, are looking to capitalize on the industry’s recovery. Panera Brands, a group encompassing fast-casual...

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Panera Brands Announces Leadership Changes Ahead of ‘Eventual IPO’
Panera Brands Announces Leadership Changes Ahead of ‘Eventual IPO’
May 23, 2023  |  Personnel

Panera Brands is making some leadership changes to prepare for its “eventual IPO.” The head of one of its brands, Einstein Bros. Bagels President and CEO José Alberto Dueñas,...

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