Alibaba raised $21.8 billion in its IPO on Friday, making it the world's largest IPO ever. At $94, Alibaba commands a diluted market value of $242 billion; it is now the 10th-largest US-listed company, just behind Walmart. With one deal, the total capital raised...read more
The week of Alibaba's $22 billion IPO kicked off with a broken LBO and a high flying biotech. Prostate cancer biotech Tokai Pharmaceuticals (TKAI) closed 58% above its offer price by the end of Wednesday, while Civitas Solutions (CIVI) broke issue. This...read more
Civitas Solutions, which provides non-institutional care services for the developmentally disabled, raised $199 million by offering 11.7 million shares at $17, well below the $20 to $23 range. Civitas will list on the NYSE under the symbol CIVI. Barclays,...read more
US IPO Pricing Recap: Alibaba pops 38%, represents one third of 2014 IPO market proceeds
Alibaba raised $21.8 billion in its IPO on Friday, making it the world's largest IPO ever. At $94, Alibaba commands a diluted market value of $242 billion; it is now the 10th-largest US-listed company, just behind Walmart. With one deal, the total capital raised...read more
Civitas falls below IPO price and Tokai Pharmaceuticals soars
The week of Alibaba's $22 billion IPO kicked off with a broken LBO and a high flying biotech. Prostate cancer biotech Tokai Pharmaceuticals (TKAI) closed 58% above its offer price by the end of Wednesday, while Civitas Solutions (CIVI) broke issue. This...read more
Civitas Solutions prices IPO at $17, well below the range
Civitas Solutions, which provides non-institutional care services for the developmentally disabled, raised $199 million by offering 11.7 million shares at $17, well below the $20 to $23 range. Civitas will list on the NYSE under the symbol CIVI. Barclays,...read more
Alibaba and 6 health care IPOs planned for the week of September 15
The IPO market has returned in full force, beginning with the 117% first-day pop of ReWalk Robotics...read more