Tag: IPO

Sonos files for IPO
Global Tech

Sonos files for IPO

Wireless speaker maker, Sonos has filed for an initial public offering. Sonos, a lean company backed by KKR Stream Holdings LLC, Sonos has grown to become a big player in the competitive home audio market, battling established players such as Bang & Olufsen, Bose and Sony as well as iPhone […]

MTN Nigerian unit to IPO by August
Big Business JSE SENS

MTN Nigerian unit to IPO by August

MTN Group’s local unit in Nigeria, MTN Nigeria said it plans to stage its initial public offering by next month, August. MTN Nigeria, the country’s largest mobile carrier has been mulling the IPO since 2016 after it reached an agreement with the Nigerian government to give local investors stake in […]

Libstar raises $119 million via JSE IPO
Big Business JSE SENS

Libstar raises $119 million via JSE IPO

South Africa’s Libstar Holdings said it raised $119 million in its initial public offering, IPO, on the Johannesburg Stock Exchange today. Libstar Holdings is a consumer food maker in Africa’s third largest market, South Africa. The IPO which raised approximately ZAR1.5 billion for its existing shareholders was priced at ZAR12.50 […]