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 day pop,...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
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 telecom equipment...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 $23....read more
US IPO Weekly Recap: 8 offerings average 38% returns in year's busiest week for IPOs
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 day pop,...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
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 telecom equipment...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 $23....read more