class="">Eight companies went public in the year’s most active week. Three priced above the range and each finished above its IPO price (average return of 38%). Biotech Novan and ad-tech platform The Trade Desk led the group with a 67% and 65% first da...read more
Valvoline, a manufacturer of automotive lubricants and quick lube chain spun out of Ashland, raised $660 million by offering 30 million shares at $22, within the range of $20 to $23. Valvoline plans to list on the NYSE under the symbol VVV. BofA Merrill Lynch,...read more
class="">Nine deals are on the IPO calendar for the week ahead, aiming to raise a combined $1.2 billion. Set to be the most active week of 2016, the wave of deals counts three founder-led high-growth software companies and a teleco...read more
Valvoline, a quick-lube chain and manufacturer of automotive lubricants being spun out of Ashland, announced terms for its IPO on Monday. The Lexington, KY-based company plans to raise $645 million by offering 30 million shares at a price range of $20 to...read more
US IPO Weekly Recap: 8 offerings average 38% returns in year's busiest week for IPOs
class="">Eight companies went public in the year’s most active week. Three priced above the range and each finished above its IPO price (average return of 38%). Biotech Novan and ad-tech platform The Trade Desk led the group with a 67% and 65% first da...read more
Valvoline prices IPO at $22, within the range
Valvoline, a manufacturer of automotive lubricants and quick lube chain spun out of Ashland, raised $660 million by offering 30 million shares at $22, within the range of $20 to $23. Valvoline plans to list on the NYSE under the symbol VVV. BofA Merrill Lynch,...read more
US IPO Week Ahead: Year's most active week with 9 IPOs
class="">Nine deals are on the IPO calendar for the week ahead, aiming to raise a combined $1.2 billion. Set to be the most active week of 2016, the wave of deals counts three founder-led high-growth software companies and a teleco...read more
Ashland spin-off Valvoline sets terms for $645 million IPO
Valvoline, a quick-lube chain and manufacturer of automotive lubricants being spun out of Ashland, announced terms for its IPO on Monday. The Lexington, KY-based company plans to raise $645 million by offering 30 million shares at a price range of $20 to...read more