Vision Fund and Advance Publications scored exits but the real estate portal operator ended up significantly downsizing its initial public offering.
Compass, the US-based real estate software provider backed by telecommunications and internet conglomerate SoftBank and media group Advance Publications, has gone public in a $450m initial public offering.
The offering consisted of 25 million shares priced at $18.00 each, at the foot of an $18 to $19 range cut from $23 to $26 at the same time the size of the offering was reduced from 36 million shares.
The company floated on the New York Stock Exchange late last…
