Israeli autonomous vehicle technology company Mobileye Global Inc. will soon tap the public market yet again, according to its S-1 filing with the SEC late Friday. What Happened Mobileye said it will offer its Class A common stock in an initial public offering, or IPO, without mentioning the size and pricing of the offering, according…

BERLIN—Porsche AG shares are poised to price at the top end of the previously announced range, potentially valuing the sports car brand at up to 75 billion euros ($72 billion) in one of Europe’s biggest ever listings. Several bookrunners involved in the deal said Porsche’s books were covered multiple times ahead of the company’s market…

BERLIN—Volkswagen shares hovered around breakeven on Monday, reflecting a mixed response from investors to the automaker’s listing plans for sports car brand Porsche AG in what could be Europe’s third biggest initial public offering. Volkswagen said on Sunday it was aiming for a valuation of 70 billion-75 billion euros ($70–75 billion) for Porsche AG, slightly…

It’s been a hard year for companies that want to raise capital. The initial public offering (IPO) market, which allows a company to raise money by selling shares to the public investors, has witnessed a sharp decline this year, following a record-breaking year in 2021. Public offerings in the United States are on track for…

MUNICH—Despite market volatility, Volkswagen is still working toward an initial public offering (IPO) for Porsche in the fourth quarter that would give the luxury brand more freedom, the German carmaker’s finance chief said on Wednesday. “We are optimistic we can pursue this project in the fourth quarter,” Chief Financial Officer Arno Antlitz said at the…

PricewaterhjouseCoopers (PwC) noted Hong Kong’s IPO fund raising activities slowed down in the first half of this year. The total fund-raising amount reached HK$ 17.1 billion (about $2.2 billion) and is expected to contract by 92 percent year on year. Due to factors that contribute to increasing uncertainty, including the continued outbreak of COVID, geopolitical…

HONG KONG—Buyout funds are set to extend a record spending spree in Asia to the rest of the year but they will be mostly seeking deals outside China, where concerns about the economy are likely to outweigh any easing of a regulatory crackdown, dealmakers said. Private equity mergers and acquisitions (M&A) activity in Asia, not…

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 23, 2002, Netflix, Inc. went public. Where the Market Was The Dow finished the day at 10,216.08. The S&P 500 traded at 1,097.08. What Else Was Going on in the World? In 2002, U.S….

Delivering on a promise is a tough proposition, and to consistently deliver requires excellence on all fronts. When companies offer their shares to the public in the form of an IPO, they do so by touting their financial strength, balance sheet solidity, market opportunity, strong competitive positioning, an efficient management team, viable strategy and resilience…

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On May 18, 2012, Facebook, Inc. held its highly anticipated IPO. Where The Market Was The Dow finished the day at 12,369.38. The S&P 500 traded at 1,295.22. What Else Was Going On  In 2012, Hurricane Sandy…