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Page 211

ADC abandons IPO plans

The AstraZeneca-backed cancer drug developer had hoped to raise up to $212m in a US flotation but is instead pulling back due to unfavourable market conditions.

Oct 8, 2019

PropertyGuru proposes $257m in shares for IPO

Emtek is set to sell up to $55m of its shares in online real estate platform PropertyGuru in an Australian initial public offering that could bring in up to $257m in proceeds.

Oct 7, 2019

Viela Bio peels off $150m in IPO

AstraZeneca spinoff Viela Bio has gone public in an offering that involved existing backers buying some $70m worth of stock, and its share price has since risen 21.7%.

Oct 7, 2019

GV gives notice on possible $2bn Uber stake sale

The Alphabet unit has already divested part of its stake in publicly-listed Uber to SoftBank at a $48bn valuation but is considering selling the rest from next month.

Oct 7, 2019

Apple screens iKinema for acquisition

Founded from University of Surrey's Space Centre, iKinema was bought by Apple in a move seemingly aligned with the corporate's foray into virtual and augmented reality.

Oct 7, 2019

Aprea collects $85m in IPO proceeds

Karolinska Institute's Aprea Therapeutics has priced its shares at $15 to raise $85m, with stock rising a third to $20.50 on the first day of trading.

Oct 4, 2019

Vice to take ownership of Refinery29 for $400m

WarnerMedia, WPP, Discovery Communications and Scripps Networks Interactive will exit the digital media company in a cash and share acquisition.

Oct 4, 2019

Taboola and Outbrain devise $2bn merger

SIG-backed online content advertiser Outbrain has been acquired for $250m in cash and a 30% stake in competitor Taboola.

Oct 4, 2019

Aprea collects $85m in IPO proceeds

Praktikertjänst-backed Aprea Therapeutics has priced its shares at $15 to raise $85m, with stock rising a third to $20.50 on the first day of trading.

Oct 4, 2019

Frequency attracts $84m in IPO

Frequency, a regenerative medicine developer based on MIT and Harvard research, priced shares at the bottom of its range to raise $84m in its IPO.

Oct 3, 2019
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