Logistics big Lineage raises $4.45 bln in largest IPO in 2024 | Reuters Information Company


Enterprise & Finance

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.  

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.

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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



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