News for Barclays Bank PLC (YIQG.BE)

The Coca-Cola Company Announces Offers to Purchase Any and All of Certain Outstanding U.S. Dollar-Denominated Notes and Euro-Denominated Notes ... | March 1, 2021

Generated Positive Adjusted EBITDA in 2020, Balance Sheet Remains Strong ... | February 24, 2021

Income generation in today’s low yield environment remains a challenge – especially on an after-tax basis

Mailing Address 1 CHURCHILL PLACE CANARY WHARF LONDON X0 E14 5HP Business Address 1 CHURCHILL PLACE CANARY WHARF LONDON X0 E14 5HP 0044-20-3555-4619 CIK : 000...

GreenSky, Inc. announced today that Jennifer Russell has been named Executive Vice President and Chief Credit Officer, effective March 1, 2021. Ms. Russell succeeds Kevin Goldstein, who will be... | February 8, 2021

(Bloomberg) -- InPost SA soared in Amsterdam trading after its shareholders raised 2.8 billion euros ($3.4 billion) in Europe’s biggest initial public offering since 2018 amid an online shopping boom that’s driving up demand for the Polish company’s automated parcel lockers.Stockholders including Advent International, Templeton Strategic Emerging Markets Fund and PZU Fundusz sold 175 million existing shares at 16 euros each, the top end of an initial range of 14 euros to 16 euros, the company said in a statement. The IPO of the 35% stake values InPost, which didn’t raise any money in the offering, at 8 billion euros. InPost jumped 26% to 20.15 euros at 9:04 a.m. in Amsterdam.InPost is joining other beneficiaries of stay-home orders in going public. Online retailers THG Plc and Allegro.eu SA listed in the U.K. and Poland, respectively, last year, while virtual greeting-card company Moonpig Group Plc is taking orders for its London IPO. The InPost sale is the biggest debut on a European exchange since Knorr-Bremse AG, a German maker of truck and train brakes, raised $4.5 billion in October 2018, according to data compiled by Bloomberg.InPost allows its customers to arrange for the delivery and collection of parcels across a network of self-service lockers. It owned 12,254 automated parcel machines as of the end of 2020, handling 249 million deliveries through them.InPost offers “a better experience for shoppers and a greener, more sustainable option for the environment,” Nick Rose, managing partner at Advent, said in emailed comments. Advent acquired the business in 2017 as part of a push into the e-commerce market.If there’s enough demand, banks have the option to sell another 26 million shares, which would increase the deal to 3.2 billion euros.Rock-bottom interest rates and economic stimulus to offset the effects of the coronavirus outbreak have contributed to soaring equity indexes and heightened demand for new stocks, especially in Europe where large listings by technology firms have been in short supply. That’s led to a flurry of IPOs in the first month of this year.Last week, InPost gathered enough investor demand to cover all the shares being sold throughout the price range within an hour and a half of opening up its IPO book. The company closed its order book two days earlier than planned, while shares were originally due to start trading on Friday.Nearly a third of InPost’s offering was taken up by cornerstone investors BlackRock Inc., Capital World Investors and Singaporean sovereign wealth fund GIC.The company, which chose Amsterdam to tap the city’s pool of technology-focused investors, has ambitions beyond Poland. It’s continuing a rollout of its automated machines in the U.K., while also evaluating expanding into markets such France, Spain and Italy.In the first nine months of 2020, InPost got 26.2% of its revenue from Allegro, and an additional 20.7% from merchants selling goods on its platform, according to the IPO prospectus, which cited that “substantial share” of revenue as a key risk for the company.Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. are joint global coordinators. ABN Amro Bank NV, Barclays Bank Plc, BNP Paribas SA and Jefferies International Ltd. are joint bookrunners.(Updates with stock surge in first paragraph, adds that IPO is biggest in Europe since Oct. 2018)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

AHMEDABAD, India, Jan. 25, 2021 /PRNewswire/ -- Adani Ports and Special Economic Zone Limited (the 'Company') today announced that it has commence...

DENVER, Jan. 06, 2021 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and...

DENVER, Jan. 06, 2021 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ:SMPL) ("Simply Good Foods," or the "Company"), a developer, marketer and ...