Enterprise & Finance
24 July 2024, 9:31 am 1 minute
Reuters completely reported that Lineage, the world’s largest operator of cold-storage warehouses, raised $4.45 billion in its U.S. preliminary public providing, setting it up for the most important inventory market debut globally this yr. Lineage priced just below 57 million shares in New York at $78 apiece, the higher finish of its indicated vary of $70 to $82. Â
Market Influence
The $4.45 billion IPO values Lineage at greater than $18 billion and is the most important since chip designer Arm’s $4.87 billion providing final September.
Article Tags
Matters of Curiosity: Enterprise & Finance
Kind: Reuters Finest
Sectors: Enterprise & Finance
Areas: Americas
Win Varieties: Exclusivity
Story Varieties: Unique / Scoop
Media Varieties: Textual content
Buyer Influence: Essential Regional Story