Category: flotation

  • Issa brothers consider £13bn flotation of EG group in the US

    British petrol station tycoons Mohsin and Zubair Issa are considering a potential £13bn listing of their front office empire, EG Group, on the US stock market. This step will represent another blow to the London Stock Exchange, which has been affected by a large group of prominent companies that chose…

  • SaverOne loses over 99% of flotation value

    Petah Tikva-based technology company SaverOne (TASE: SVRE, Nasdaq: SVRE) was considered promising when it floated on the Tel Aviv Stock Exchange in the summer of 2020, at a pre-cash valuation of NIS 87 million. The company, founded in 2014 and headed by Uri Gilboa, is developing technology designed to prevent…

  • Raspberry Pi shares surge after strong first update since flotation

    Raspberry Pi, the British maker of affordable microcomputers, reported stronger-than-expected profits in its first financial update since going public on the London Stock Exchange in June. The company, which raised £178.9m through its initial public offering and joined the FTSE 250 index, saw its sales rise 61% year-on-year to $144m…

  • Gov’t Cos Authority chief demands progress on IAI flotation

    It has been almost four years since the Ministerial Privatization Committee decided to float Israel Aerospace Industries (IAI) shares on the Tel Aviv Stock Exchange, but for all investors’ desire to buy high-quality defense stocks, the move, which was supposed to result in an injection of billions… Shekels to the…