IPO
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Markets
Stage set for Volkswagen to further pursue Navistar
Volkswagen's spinoff of its heavy-truck unit TRATON paves the way for it to pursue Navistar further.
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News
Volkswagen truck IPO dips below low-end of range
TRATON’s shares open at 27 euros, the low-end of the deal range, and immediately fell below that price.
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Asia-Pacific
Weak debut for ship lessor CSSC Shipping on Hong Kong’s Stock Exchange
It was a poorly-received IPO for CSSC Shipping. Institutional and retail take up was weak and its share price plummeted…
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News
Pricing set for Volkswagen’s truck IPO
Volkswagen AG announced that it is offering up to 15 percent of TRATON for a range of 1.553 billion euros…
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Asia-Pacific
Logistics park developer seeks US$1.24 billion in IPO
A major developer of, and financial investor in, Asia Pacific logistics parks has launched a potential US$1.24 billion initial public…
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Finance
Volkswagen to proceed with IPO despite choppy markets
Despite weakness across global markets in May, as well as increased global trade hostilities, the German auto/truck manufacturer plans to…
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Finance
Navistar moves higher on Volkswagen’s planned truck IPO
Navistar was up 3 percent on Monday, May 13, 2019 and is up more than 8 percent in Tuesday’s trading.
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Technology
The rise of clean meat startups might reduce freight ton-miles
If lab-grown meat substitutes for farm-grown meat and is commercially successful, it will lead to a drastic reduction in freight…
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News
Uber to sell minority stake of its autonomous vehicle unit to Japanese consortium
Uber is planning to sell 14 percent stake on its autonomous driving division for $1 billion to investment firm Softbank,…
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News
Uber expected to register IPO on April 11, anticipates $100B in valuation
The pending IPO comes as many experts are questioning the profitability of the ride-share model.
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