Logistics giant Lineage raises $4.45 bln in biggest IPO in 2024

Reuters exclusively reported that Lineage, the world’s largest operator of cold-storage warehouses, raised $4.45 billion in its U.S. initial public […] The post Logistics giant Lineage raises $4.45 bln in biggest IPO in 2024 appeared first on Reuters News Agency.

Aug 12, 2024 - 07:00
Logistics giant Lineage raises $4.45 bln in biggest IPO in 2024

Reuters exclusively reported that Lineage, the world’s largest operator of cold-storage warehouses, raised $4.45 billion in its U.S. initial public offering, setting it up for the biggest stock market debut globally this year. Lineage priced just under 57 million shares in New York at $78 apiece, the upper end of its indicated range of $70 to $82.  

The post Logistics giant Lineage raises $4.45 bln in biggest IPO in 2024 appeared first on Reuters News Agency.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow