initial-public-offering
3 stories related to this topic, newest first.
Fervo Energy Raises $1.9 Billion in Initial Public Offering
Fervo Energy, a Houston-based start-up that applies oil and gas drilling methods to geothermal power, raised $1.89 billion in its initial public offering on Wednesday. The company sold 70 million shares at $27 each, resulting in an initial valuation of roughly $7.7 billion. Its s…
theweek.comBarnes & Noble CEO James Daunt Focuses on Cutting Costs Ahead of Potential IPO
Barnes & Noble CEO James Daunt is reducing expenses at the bookstore chain with an unsentimental approach to its operations. The moves come as the company prepares for a possible public offering. Daunt has emphasized efficiency across the business while maintaining its core retai…
German Tank Maker KNDS Shareholders Push Berlin for Stake Decision Before IPO
German family shareholders of KNDS are urging the German government to decide on taking a stake in the company ahead of a planned initial public offering. The Paris-backed group is seeking a valuation between €15 billion and €20 billion. The move comes as the company weighs its o…