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Tag Archives: IPO

Russian Shipping Giant Sovcomflot Want At Least $500 Million in IPO

Ship in icy water

REUTERS, SEPTEMBER 15, 2020 By Olga Popova, Gleb Stolyarov and Abhinav Ramnarayan MOSCOW, (Reuters) – Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow Exchange, Russia’s top shipping company said on Tuesday, in a deal that could value it at roughly $10 billion according to sources. The move by the state-controlled firm …

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Israeli shipper Zim exploring IPO on foreign exchange, Globes reports

Zim containers are stacked

REUTERS, AUGUST 24, 2020 JERUSALEM (Reuters) – Israeli shipping company Zim is considering an initial public offering on a foreign exchange, Israeli news website Globes reported on Monday. A Zim spokesman said the company was not commenting. Two options being examined are to hold the offering in London or New York, according to Globes, a financial news website, which did …

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Saudi Aramco IPO: “This is the absolute mother of all oil and gas companies.”

PortandTerminal.com, November 4, 2019 Aramco announces plans to list shares on Riyadh stock exchange. The IPO is key to the Crown Prince’s grand plan to cut the Kingdom’s reliance on oil revenue. RIYADH, SAUDI ARABIA – Saudi Aramco has confirmed it is planning to list on the Riyadh stock exchange, in what could be the world’s biggest initial public offering …

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