Uber is set to dominate the IPO market in the busiest week for deals since 2015
The U.S. initial public offering market is entering its biggest week since 2015, with at least 15 deals expected to be priced, including that of Uber, the biggest IPO since Alibaba BABA, -3.57% in 2014 and the biggest U.S. company deal since Facebook FB, -0.81% in 2012.
Lyft’s numbers are not the only event expected to influence the Uber IPO. Uber and Lyft drivers are planning a strike from 7 a.m. to 9 a.m. on Wednesday to protest their wages, their treatment as independent contractors rather than employees, and the lack of regulation governing the new sector. Analysts have been comparing the two competitors ahead of the Uber deal, as MarketWatch’s Emily Bary reported. Wedbush’s Ygal Arounian recently declared his preference for Uber because its robust platform and logistics expertise reminded him of a younger Amazon.com Inc.
The second biggest deal on tap is from Virginia-based Parsons Corp., a defense technology company that is aiming to raise $500 million. Parsons is owned by its more than 15,000 employees through an employee stock ownership plan, or ESOP. The ESOP took it private back in 1984. Proceeds of that deal will be used to pay an IPO dividend and to repay debt.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Warren Buffett: I'm not buying the Uber IPO, but I've never bought any IPO“In 54 years, I don’t think Berkshire has ever bought a new issue,” Warren Buffett said.
और पढो »
Warren Buffett: I'm not buying the Uber IPO, but I've never bought any IPO everBerkshire Hathaway Chairman and CEO Warren Buffett explains why he passed on Uber's initial public offering.
और पढो »
Uber takes IPO roadshow to New York as demand builds upUber Technologies Inc CEO Dara Khosrowshahi and his top management team took the...
और पढो »
Uber is 'totally different' to Lyft, major investor Saudi Arabia says ahead of IPOSaudi Arabia's sovereign wealth fund says Uber is 'totally different' to Lyft despite investor concerns over profitability.
और पढो »
Uber and Lyft drivers plan to strike and rally ahead of Uber's IPORideshare drivers are planning to strike and rally again — this time, ahead of Uber's impending IPO
और पढो »
Ride-hailing drivers in New York to strike ahead of Uber IPOUber Technologies Inc's drivers in New York will go on strike next week sho...
और पढो »
Uber, Lyft drivers plan to strike ahead of Uber’s IPODrivers are calling for better job security, a livable income and a cap on the ride-hailing companies’ commission.
और पढो »
Uber Wants to Be the Uber of Everything—But Can It Make a Profit?E-bikes over cars. Parking lots replaced by parks. Drone delivery. This is Uber's vision for the future—with the company at the center. Now it just needs to make money.
और पढो »
WeWork files confidentially for IPOWeWork Cos. filed paperwork confidentially with the U.S. Securities and Exchange Commission to hold an initial public offering, the company said in a statement.
और पढो »
Trump’s Tweet Hits the Dow, the Latest From Boeing, and More to Know About the Market TodayInvestors will have to wade through new concern about tariffs and the U.S.-China trade war before the Uber IPO arrives later this week.
और पढो »
Starbucks' China rival Luckin looks to raise up to $586.5 million in IPOLuckin Coffee Inc, the Chinese challenger to Starbucks Corp, is looking to raise...
और पढो »