Conf call redux: Lineage debut – another one 'controlling the controllables'
Too chilly to lose your shirt…
ID 6081539
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| Dreamstime.com
It’s arguably one of the most successful M&A-driven stories in supply chain in recent times on the capital markets: enter $31bn-enterprise-value Lineage (LINE), a sleeping behemoth whose next move aimed at driving inorganic growth could be just around the corner.
That’s consensus in our marketplace, but caveats are plentiful.
Not so fast
The US-based cold store and cold chain logistics operator successfully priced its initial public offering at $78 apiece, near the top end of a $70-82 range, towards the end of July, leading ...
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