Investor demand for shares of auto lender Ally Financial has grown as evidenced by the increasingly high prices paid for them in recent private transactions, sources told Reuters.
investor demand
Breaking News
Sources were cited by Bloomberg who said Damac Real Estate Development Ltd will be repricing its price per global depositary receipt at the lower end of its pricing range, effectively reducing the size of its IPO.
A wave of initial public offerings on the London Stock Exchange appeared to have made investors' appetite waning, which prompted stocks of companies who had launched or is in the process of launching an IPO drop to below offer prices.
In a bid to maximize benefit from high consumer demand, SABIC issues a five year dollar denominated bond projected to be worth USD1 billion.
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Businessman Brutally Murdered Allegedly by 4 of His Workers Who Swung an Axe Into His Head
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk
- Hunter Biden Asks Court to Junk $1.4 Million Tax Evasion Case as Politically Motivated, But Judge Appears Skeptical