RTR: Oman's Asyad Group plans to sell at least 20% of shipping unit via IPO
REUTERS reports: Oman’s state-owned logistics firm Asyad Group plans to sell shares in its shipping subsidiary ...
MARKETWATCH reports:
The initial public offering market, fresh off its biggest transaction of the year, is expected to welcome five deals this week, including two venture capital-backed companies that will be the first tech unicorns in nearly two years.
Grocery-delivery platform Instacart and digital-marketing company Klaviyo are expected to price their IPOs early this week and both have a valuation of more than $1 billion, which is the threshold to be considered a unicorn.
Instacart is planning to raise up to $660 million by offering 22 million shares priced at $28 to $30 each at a valuation of $8.3 billion. The company raised the price range on Friday, after the successful debut of Arm Holdings PLC ARM, -5.22% a day earlier…
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