India: Chalet Hotels shares jump 4% on stock market debut

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The Chalet Hotels IPO comprises a fresh issue of ₹950 crore and a secondary market sale of 246.85 crore shares by the promoter group.

SoftBank unveils $5.5b stock buyback, profit in Q3 surges 60%

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The technology and telecoms conglomerate did not release a forecast for the current business year, saying there were too many uncertain factors.


Alibaba challenger Pinduoduo to raise up to $1.5b in secondary offering

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Selling shareholders include Banyan Partners, Sun Vantage Investment and Lightspeed China.


Enterprise messaging platform Slack makes confidential filing to go public

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Slack is said to be still planning to pursue a direct listing as opposed to a traditional IPO as early as the spring.


China’s Shandong Ruyi plans IPO for $2b Lycra unit

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Ruyi recently closed the acquisition of Lycra, which was owned by an arm of Koch Industries, after regulatory delays hampered the transaction for months.


Tencent-backed Maoyan Entertainment makes tepid Hong Kong debut

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Its float is being watched as a test of investor sentiment for Hong Kong deals after a patchy performance by newly listed stocks in 2018 amid U.S.-China trade tension.


AB InBev said to pick JPMorgan, Morgan Stanley for Asia IPO

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A listing could give AB InBev’s Asian business a value ranging from $40 billion to $70 billion based on early estimates.


China’s Starbucks challenger Luckin Coffee said to eye US IPO

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The company could potentially raise $300 million from the IPO and is working with Credit Suisse on the deal.


Waste management firm Reclaims Global seeks SGX-Catalist listing

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The company plans to use the net proceeds from its IPO to fund its expansion plans and enhance its recycled product range.


Video streaming startup iflix said to mull ASX listing, seek over $1b valuation

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According to a news report, investment banking firms including Goldman Sachs, UBS, Macquarie Capital, Citi and Credit Suisse have been asked to pitch to iflix.